CONCENTRATIONS

9 Months Ended

Sep. 30, 2020

Risks and Uncertainties [Abstract]

CONCENTRATIONS

The Company’s concentration of purchases are as follows:

	For the three months ended						For the nine months ended
	September 30,						September 30,
	2020			2019			2020			2019
Vendor A		10	%		20	%		21	%		18	%
Vendor B		13	%		53	%		25	%		63	%
Vendor C		56	%		10	%		21	%		6	%
Vendor D		0	%		8	%		12	%		4	%
Vendor E		12	%		5	%		4	%		4	%

During the three months ended September 30, 2020 and 2019, purchases from five vendors represented 91% and 96%, respectively, of total inventory purchases. During the nine months ended September 30, 2020 and 2019, purchases from five vendors represented 83% and 95%, respectively, of total inventory purchases.

As of September 30, 2020, and December 31, 2019, amounts owed to these vendors totaled $297,000 and $268,000 respectively, which are included in accounts payable and accrued expenses in the accompanying condensed consolidated balance sheets.

Accounts Receivable

The Company’s concentration of accounts receivable are as follows:

	September 30,			December 31,
	2020			2019
Customer A		0	%		23	%
Customer B		24	%		0	%

One customer made up more than 10% of net accounts receivable at September 30, 2020. One customer made up more than 10% of net accounts receivable at December 31, 2019. Customer B owed the Company a total of $331,000, representing 24% of net receivables at September 30, 2020. Customer A owed the Company a total of $211,000, representing 23% of net receivables at December 31, 2019. No customer exceeded 10% of total net sales for the three and nine month periods ended September 30, 2020 and 2019, respectively.