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Major Customer and Geographic Information
9 Months Ended
Sep. 30, 2022
Segment Reporting [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

 
   2022   2021   2022   2021 
Customer A   32%   24%   45%   47%
Customer B   20%   43%   22%   24%
Customer C               11%
Customer D   40%       20%    

 

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 
   2022   2021 
Customer A   25%   30%
Customer B   43%   65%
Customer D   28%   2%

 

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

 
   2022   2021   2022   2021 
North America  $184,200   $204,200   $469,000   $515,100 
South America           1,600    4,100 
Europe   200        200     
Asia   229,300    77,500    757,200    853,100 
Australia   272,200    30,800    311,600    65,500 
   $685,900   $312,500   $1,539,600   $1,437,800