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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2019
Schedule of adoption of the new leases standard

 

 

 

 

 

 

 

December 31, 2018

 

Adoption Impact

 

January 1, 2019

 

 

 

(unaudited)

Operating lease right-of-use assets

 —

 

1,111,214

 

1,111,214

Operating leases liabilities, current portion

 —

 

336,647

 

336,647

Operating leases liabilities, long term

 —

 

394,703

 

394,703

Deferred rent

379,864

 

(379,864)

 

 —

 

Customer risk | Total net revenue  
Schedule of concentration risk

 

 

 

 

 

 

Consolidated (percentage of total net sales)

 

For the three months ended

 

 

 

March 31,

 

 

    

2019

    

2018

    

Customer 1

 

68

%  

20

%  

Customer 2

 

30

%  

 —

%  

Customer 3

 

 —

%  

21

%  

Customer 4

 

 —

%  

21

%  

Customer 5

 

 —

%  

18

%  

Other*

 

 2

%  

20

%  

 

 

100

%  

100

%  

 

Credit risk | Total accounts receivable  
Schedule of concentration risk

 

 

 

 

 

 

 

 

As of

 

As of

 

 

 

March 31,

 

March 31,

 

 

    

2019

    

2018

 

Customer 1

 

75

%  

 —

%

Customer 2

 

24

%  

95

%

Customer 3

 

 1

%  

 5

%