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RISKS AND UNCERTAINTIES
 3 Months Ended
Mar. 31, 2024
Risks and Uncertainties [Abstract]  
RISKS AND UNCERTAINTIES RISKS AND UNCERTAINTIES
Concentration Risk
The table below shows customers who account for 10% or more of the Company’s total revenues and 10% or more of the Company’s accounts receivable for the periods presented:
Customers exceeding 10% of revenue
Three Months Ended
March 31,
Company Customer Number20242023
C00000218742 %43 %
C000002336*17 %
C00000259613 %*
  C000002463 11 %*
*Amounts less than 10%
Customers exceeding 10% of accounts receivable
As of
March 31,		As of
December 31,
Company Customer Number20242023
C000002187*57 %
C00000234514 %*
C00000259613 %*
*Amounts less than 10%
The table below shows vendors who account for 10% or more of the Company’s total purchases and 10% or more of the Company’s accounts payable for the periods presented:
Vendors exceeding 10% of purchases
Three Months Ended
March 31,
Company Vendor Number20242023
V000002275*19 %
V00000258914 %*
V00000250314 %*
*Amounts less than 10%
Vendors exceeding 10% of accounts payable
As of
March 31,		As of
December 31,
Company Vendor Number20242023
V00000227514 %13 %
*Amounts less than 10%
Foreign Exchange Risk
Although our revenues and expenses are expected to be predominantly denominated in United States dollars, we may be exposed to currency exchange fluctuations. Recent events in the global financial markets have been coupled with increased volatility in the currency markets. Fluctuations in the exchange rate between the U.S. dollar, the Canadian dollar, the Euro, and the currency of other regions in which we may operate may have a material adverse effect on our business, financial condition and operating results. We may, in the future, establish a program to hedge a portion of our foreign currency exposure with the objective of minimizing the impact of adverse foreign currency exchange movements. However, even if we develop a hedging program, it may not mitigate currency risks.