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Note 17 - Operating Risk and Geographical Information

12 Months Ended

Dec. 31, 2013

Concentration Risk Disclosure [Text Block]

17. Operating Risk and Geographical Information

Concentrations of Credit Risk and Major Customers — A substantial percentage of the Company’s net revenue comes from sales made to a small number of customers to whom sales are typically made on an open account basis. Details of customers accounting for 10% or more of total net revenue for the years ended December 31, 2013 and 2012 are as follows (in thousands):

	2013					2012
Customer	Revenue		% of Total Revenue			Revenue		% of Total Revenue
Related party sales, including North Palm Springs Investments LLC*	$	-		-	%	$	35,539		36	%
Taneo Fund Management Company		13,854		32	%		-
KDC Solar Credit LS, LLC		22,829		54	%		26,010		26	%

	$	36,683		86	%	$	61,549		62	%

* North Palm Springs Investments, LLC is a wholly owned subsidiary of LDK Solar USA, Inc.

Details of the accounts receivable, net, notes receivable, and costs and estimated earnings in excess of billings on uncompleted contracts and construction in progress from the customers with the largest balances at December 31, 2013 and 2012, respectively are (in thousands):

	2013					2012
Customer	$		% of Total			$		% of Total
Related party sales, including North Palm Springs Investments LLC*	$	-		-	%	$	11,858		11	%
KDC Solar Credit LS, LLC		13,668		31	%		39,993		39	%
SDL Solar		7,056		16	%		-		-	%
Solar Hub		8,450		19	%		-		-	%
Taneo Fund Management Company		8,801		20	%		16,078		16
	$	37,975		86	%	$	67,929		66	%

* North Palm Springs Investments, LLC is a wholly owned subsidiary of LDK Solar USA, Inc.

Geographical Information

Net sales by geographic location are as follows (in thousands):

Location (a)	2013		2012
United States	$	25,347	$	56,366
Greece		13,854		8,251
Italy		3,428		35,101
China		-		238
	$	42,629	$	99,956

(a)	Sales are attributed to countries based on location of customer.

Geographic information, which is based upon physical location, for long-lived assets was as follows (in thousands):

Location	2013		2012
United States	$	11,750	$	12,845
Italy		-		5,905
China (including Hong Kong)		2		4

	$	11,752	$	18,754

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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