Concentration of Credit Risk and Limited Suppliers

12 Months Ended

Dec. 31, 2022

Concentration of Credit Risk and Limited Suppliers [Abstract]

Concentration of Credit Risk and Limited Suppliers

17.          Concentration of Credit Risk and Limited Suppliers

Major customers are defined as customers whose accounts receivable, or sales individually consist of more than ten percent of total trade receivables or total sales, respectively. The percentage of accounts receivable from major customers of the Company were as follows:

Accounts Receivable:	December 31, 2022		December 31, 2021
Customer A		-		24	%
Customer B		-		16	%

The Company currently purchases most of its product component materials from single suppliers and the loss of any of these suppliers could result in a disruption in our production. The percentage of purchases from major vendors of the Company that exceeded ten percent of total purchases were as follows:

	Year ended December 31,
	2022			2021
Purchases:
Vendor A		19	%		50	%
Vendor B		-			21	%