Major Customer and Geographic Information

12 Months Ended

Dec. 31, 2020

Major Customer and Geographic Information [Abstract]

Major Customer and Geographic Information

11.

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:

	Year ended December 31
	2020		2019
Customer A		62%		55%
Customer B		16%		18%

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:

	December 31
	2020		2019
Customer A		25%		26%
Customer B		65%		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:

	Year ended December 31
	2020		2019
North America	$	701,600	$	856,300
South America		2,200		–
Europe		–		600
Asia		1,845,500		1,630,500
Australia		109,400		50,000
	$	2,658,700	$	2,537,400