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Major Customers and Vendors
12 Months Ended
Dec. 31, 2019
Major Customers [Abstract]  
MAJOR CUSTOMERS AND VENDORS

NOTE 14 – MAJOR CUSTOMERS AND VENDORS

 

The Company had the following customers that accounted for 10% or greater of revenue in either 2019 or 2018. No other customers accounted for more than 10% of revenue in either year presented.

 

  2019   2018 
   $   %   $   % 
Customer A   3,883,589    15.8    1,678,669    7.9 
Customer B    2,801,748    11.4    930,682    4.4 
Customer C    2,533,766    10.3    2,122,657    10.0 
Customer D    1,349,214    5.5    2,547,113    12.0 
Customer E    -    0    2,280,873    10.8 

 

Our accounts receivable includes 3 customers that individually make up more than 10% of our accounts receivable at December 31, 2019 in the percentages of 17.8%, 15.4% and 13.3%.

 

The Company had four key partners through which 10% or greater of its revenue was generated in either 2019 or 2018 as set forth below. The amounts in the table below reflect the amount of revenue generated through those customers. 

 

  2019   2018 
   $   %   $   % 
Partner A    1,315,706    5.3    6,841,386    32.3 
Partner B    9,210,347    37.4    5,350,393    25.2 
Partner C    4,051,217    16.5    2,584,103    12.2 
Partner D    1,007,573    4.1    2,159,356    10.2