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Significant Customers
6 Months Ended
Jun. 30, 2017
Significant Customers [Abstract]  
SIGNIFICANT CUSTOMERS

3. SIGNIFICANT CUSTOMERS

 

For the three months ended June 30, 2017, the Company had three customers individually that accounted for approximately 17%, 12%, and 10% of revenue. For the three months ended June 30, 2016, the Company had three customers individually that accounted for approximately 39%, 18%, and 12% of revenue. For the six months ended June 30, 2017, the Company had four customers that accounted for approximately 17%, 13%, 11% and 11% of revenue. For the six months ended June 30, 2016, the Company had three customers that accounted for approximately 37%, 14% and 10% of revenue. No other customers accounted for more than 10% of revenue for these reported periods in 2017 and 2016.

 

Customers individually representing more than 10% of trade receivables accounted for approximately 65% and 75% of accounts receivable as of June 30, 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.