Customer Concentration

3 Months Ended

Mar. 31, 2020

Customer Concentration

Customer Concentration

Note 12 – Customer Concentration

The Company has significant exposure to customer concentration. During the three months ended March 31,  2020 twocustomers individually accounted for more than 10% of sales, comprising 42% of net sales, for such periods. During the three months ended March 31,  2019 two customers individually accounted for more than 10% of sales, comprising 33% of net sales.

At March 31,  2020 one Products segment customer individually accounted for more than 10% of outstanding trade receivables, and accounted for 45% of outstanding trade receivables, net. At December 31, 2019 two Products segment customers individually accounted for more than 10% of outstanding trade receivables, and accounted for 61% of outstanding trade receivables, net.