Major Customer and Geographic Information

9 Months Ended

Sep. 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 our Company’s total revenues were:

	Three Months ended September 30						Nine Months ended September 30
	2020			2019			2020			2019
Customer A		74	%		65	%		65	%		47	%
Customer B		3	%		–			10	%		6	%
Customer C		10	%		14	%		12	%		21	%

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:

	September 30			December 31
	2020			2019
Customer A		28	%		26	%
Customer C		66	%		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 September 30				Nine Months ended September 30
	2020		2019		2020		2019
North America	$	155,700	$	190,600	$	446,100	$	633,000
South America		700		–		2,100		–
Europe		–		–		–		100
Asia		583,400		418,300		1,424,000		901,300
Australia		15,000		28,600		30,200		28,600
	$	754,800	$	637,500	$	1,902,400	$	1,563,000