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Major Customer and Geographic Information
3 Months Ended
Mar. 31, 2020
Major Customer and Geographic Information [Abstract]  
Major Customer and Geographic Information

Note 8. Major Customer and Geographic Information


Our Company’s revenues, expressed as a percentage of total revenues, from non-affiliated customers that equaled 10% or more of our Company’s total revenues were:


 

 

Three Months ended

March 31

 

 

 

2020

 

 

2019

 

Customer A

 

 

43

%

 

 

34

%

Customer B

 

 

21

%

 

 

12

%

Customer C

 

 

19

%

 

 

30

%


Our Company’s non-affiliate customers, whose individual balances amounted to more than 10% of our Company’s net accounts receivable, expressed as a percentage of net accounts receivable, were:


 

 

March 31

 

 

December 31

 

 

 

2020

 

 

2019

 

Customer C

 

 

81

%

 

 

67

%


Our Company performs ongoing credit evaluations of its customers and generally does not require collateral. Our Company also maintains allowances for potential credit losses. The loss of a major customer could have a material adverse effect on our Company’s business operations and financial condition.


Our Company’s revenues by geographic region are as follows:


 

 

Three Months ended

March 31

 

 

 

2020

 

 

2019

 

North America

 

$

183,400

 

 

$

216,600

 

South America

 

 

1,400

 

 

 

 

Asia

 

 

335,500

 

 

 

192,800

 

 

 

$

520,300

 

 

$

409,400