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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 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)

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

    

2019

    

2018

    

 

2019

    

2018

 

Customer 1

 

100

%  

34

%  

 

90

%  

28

%

Customer 2

 

 —

%  

28

%  

 

 —

%  

28

%

Customer 3

 

 —

%  

25

%  

 

 —

%  

25

%

 

Credit risk | Total accounts receivable  
Schedule of concentration risk

 

 

 

 

 

 

 

 

As of

 

As of

 

 

 

September 30,

 

September 30,

 

 

    

2019

    

2018

 

Customer 1

 

99.6

%  

35.0

%

Customer 2

 

 —

%  

29.0

%

Customer 3

 

 —

%  

26.0

%