Significant Customers

3 Months Ended

Mar. 31, 2016

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Significant Customers

5. SIGNIFICANT CUSTOMERS

For the three months ended March 31, 2016, the Company had one customer individually that accounted for approximately 35% of revenue. For the three months ended March 31, 2015, the Company had one customer individually that accounted for approximately 29% of revenue.

Customers individually representing more than 10% of trade receivables accounted for approximately 51% and 57% of accounts receivable as of March 31, 2016 and December 31, 2015, 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.