XML 36 R25.htm IDEA: XBRL DOCUMENT v3.23.1
CONCENTRATIONS
12 Months Ended
Dec. 31, 2022
Risks and Uncertainties [Abstract]  
CONCENTRATIONS

NOTE 19 - CONCENTRATIONS

 

Customers:

 

Amazon accounted for 54.3% and 63.6% of the Company’s revenues during the years ended December 31, 2022 and 2021, respectively. No other customer accounted for 10% or more of the Company’s revenues for either period.

 

Suppliers:

 

The following table sets forth information as to each supplier that accounted for 10% or more of the Company’s purchases for the years ended December 31, 2022 and 2021.

 

                 
   December 31, 2022   December 31, 2021 
                 
Network Innovations  $979,884    11.2%  $658,642    10.6%
Garmin  $1,821,158    20.9%  $1,102,230    17.7%
Globalstar Europe  $635,053    7.3%  $725,315    11.6%
SatCom Global  $743,883    8.5%  $973,652    15.6%
Cygnus Telecom  $1,837,273    21.1%  $800,008    12.8%

 

Geographic:

 

The following table sets forth revenue as to each geographic location, for the years ended December 31, 2022 and 2021:

 

   Year Ended December 31, 2022       Year Ended December 31, 2021     
                 
Europe  $8,617,880    73.7%  $5,146,336    66.5%
North America   2,150,742    18.3%   1,776,288    22.9%
South America   45,027    0.4%   37,139    0.5%
Asia & Pacific   760,447    6.5%   695,770    9.0%
Africa   136,046    1.1%   84,377    1.1%
Revenue  $11,710,142    100%  $7,739,910    100%