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Significant Customers
3 Months Ended
Mar. 31, 2017
Significant Customers [Abstract]  
SIGNIFICANT CUSTOMERS

5. SIGNIFICANT CUSTOMERS

 

For the three months ended March 31, 2017, the Company had four customers individually that accounted for approximately 16%, 16%, 15% and 11% of revenue. For the three months ended March 31, 2016, the Company had one customer individually that accounted for approximately 35% of revenue. No other customer accounted for 10% or more of the Company’s revenues during the three months ended March 31, 2017 and 2016.

 

Customers individually representing more than 10% of trade receivables accounted for approximately 62% and 75% of accounts receivable as of March 31, 2017 and December 31, 2016, 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.