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CONCENTRATION OF CREDIT RISK
9 Months Ended
Dec. 31, 2019
CONCENTRATION OF CREDIT RISK  
CONCENTRATION OF CREDIT RISK

NOTE 8 - CONCENTRATION OF CREDIT RISK

We maintain bank account balances, which, at times, may exceed insured limits. We have not experienced any losses with these accounts and believe that we are not exposed to any significant credit risk on cash.

At December 31, 2019, there were trade accounts receivable balances outstanding from eight customers comprising 98% of the total trade receivables balance. The following table sets forth information as to trade accounts receivable from customers who accounted for more than 10% of our accounts receivable balance as of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

March 31, 2019

 

Customer

    

Dollars

    

Percent

    

Dollars

    

Percent

 

A

 

$

183,821

 

24

%  

$

246,019

 

24

%

B

 

$

149,500

 

20

%  

$

*

 

*

%

C

 

$

132,453

 

18

%  

$

*

 

*

%

D

 

$

81,780

 

11

%

$

*

 

*

%

E

 

$

78,430

 

10

%

$

339,032

 

34

%

F

 

$

*

 

*

%

$

244,500

 

24

%


*less than 10% of total