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Major Customer and Geographic Information
3 Months Ended
Mar. 31, 2021
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

 
    2021     2020  
Customer A     67 %     43 %
Customer B           21 %
Customer C     19 %     19 %

 

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  
    2021     2020  
Customer A     30 %     25 %
Customer C     65 %     65 %

 

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

 
    2021     2020  
North America   $ 169,700     $ 183,400  
South America     1,500       1,400  
Asia     413,500       335,500  
Australia     26,700        
    $ 611,400     $ 520,300