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SIGNIFICANT CUSTOMER
9 Months Ended
Sep. 30, 2020
SIGNIFICANT CUSTOMER  
15. SIGNIFICANT CUSTOMERS

The Company had significant customers in each of the quarters presented. A significant customer is defined as one that makes up ten percent or more of total revenues in a particular quarter or ten percent of outstanding accounts receivable balance as of end of the period.

 

Net revenues for the three and nine months ended September 30, 2020 and 2019 include revenues from significant customers as follows:

 

 

 

Three Month Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Customer A

 

 

44 %

 

 

45 %

 

 

41 %

 

 

48 %

Customer C

 

 

27 %

 

 

7 %

 

 

31 %

 

 

9 %

 

Accounts receivable balances as of September 30, 2020 and December 31, 2019 from significant customers are as follows:

 

 

 

September 30,

December 31,

 

 

 

2020

 

 

2019

 

Customer A

 

 

83 %

 

 

75 %

Customer D

 

 

0 %

 

 

17 %

Customer E

 

 

15 %

 

 

0 %