Major Customer and Geographic Information

6 Months Ended

Jun. 30, 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 the Company’s total revenues were:

	Three Months ended June 30						Six Months ended June 30
	2020			2019			2020			2019
Customer A		72	%		36	%		59	%		35	%
Customer B		8	%		10	%		14	%		11	%
Customer C		8	%		24	%		13	%		27	%

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:

	June 30			December 31
	2020			2019
Customer A		24	%		26	%
Customer C		67	%		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 June 30				Six Months ended June 30
	2020		2019		2020		2019
North America	$	107,000	$	225,800	$	290,400	$	442,400
South America		–		–		1,400		–
Europe		–		100		–		100
Asia		505,100		290,200		840,600		483,000
Australia		15,200		–		15,200		–
	$	627,300	$	516,100	$	1,147,600	$	925,500