3. Accounts Receivable, Net

3 Months Ended

Mar. 31, 2019

Receivables [Abstract]

Accounts Receivable

3. ACCOUNTS RECEIVABLE, NET

The following table sets forth the components of the Company’s accounts receivable at March 31, 2019, and December 31, 2018:

	March 31, 2019		December 31, 2018
Billed accounts receivable	$	484,752	$	419,802
Unbilled accounts receivable		272,110		703,691
Total accounts receivable	$	756,862	$	1,123,493

As of March 31, 2019, and December 31, 2018, the Company evaluated its outstanding trade receivables and determined that its allowance for bad debts was sufficiently reserved. No bad debt expense was recorded during the three-month period ended March 31, 2019 and the year ended December 31, 2018.

During the three-month period ended March 31, 2019, the Company had three customers that accounted for 71% revenues and one of those same customers that accounted for 23.5% of accounts receivable.

During the year ended December 31, 2018, the Company had three customers that accounted for 50.1% of revenues and one customer that accounted for 9.2% of accounts receivable.