Significant Customers

12 Months Ended

Dec. 31, 2015

Text Block [Abstract]

Significant Customers

4. SIGNIFICANT CUSTOMERS

For the year ended December 31, 2015, the Company had two customers that accounted for approximately 16% and 15% of its revenue. For the year ended December 31, 2014, the Company had two customers that accounted for approximately 24% and 12% of its revenue. For the year ended December 31, 2013, the Company had two customers that accounted for approximately 27% and 17% of its revenue.

Customers individually representing more than 10% of trade receivables accounted for approximately 48% and 50% of accounts receivable as of December 31, 2015 and 2014, respectively. The Company grants credit to customers based on an evaluation of their financial condition. Losses from credit sales are provided for in the financial statements.