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Risks & Uncertainties
3 Months Ended
Mar. 31, 2021
Risks and Uncertainties [Abstract]  
RISKS & UNCERTAINTIES

NOTE 12 – RISKS & UNCERTAINTIES


Current vulnerability due to certain concentrations


For the three months ended March 31, 2021, no customer accounted for more than 10% of sales and three customers accounted for 51.9%, 11.2% and 10.2% of accounts receivable. Two suppliers accounted for 45.1% and 20.1% of raw material purchases, and three different products accounted for 32.0%, 27.0% and 11.7% of revenue.


For the three months ended March 31, 2020, no customer accounted for more than 10% of sales and one customer accounted for 10.6% of accounts receivable. Two suppliers accounted for 45.2% and 18.8% of raw material purchases, and three different products accounted for 35.8%, 29.0% and 14.4% of revenue.