CONCENTRATIONS AND CREDIT RISK	6 Months Ended
Jun. 30, 2020
CONCENTRATIONS AND CREDIT RISK
CONCENTRATIONS AND CREDIT RISK	NOTE 5. CONCENTRATIONS AND CREDIT RISK Major Customers No customer accounted for more than 10% of total revenue for the three or six months ended June 30, 2020 or 2019, respectively. No customer accounted for more than 10% of total trade receivables as of June 30, 2020 or December 31, 2019. Credit Risk Concentration We maintain most of our cash and cash equivalents with nationally recognized financial institutions. Substantially all balances are uninsured and are not used as collateral for other obligations. Concentrations of credit risk on accounts receivable are believed to be limited due to the number, diversification and character of the obligors and our credit evaluation process. Credit risk associated with a portion of the Company’s trade receivables is reduced by our ability to submit claims to the Oil Spill Liability Trust Fund (“OSLTF”) for reimbursement of unpaid customer receivables related to services regulated under the provisions of the Oil Pollution Act of 1990 (“OPA 90”). As of June 30, 2020, the Company did not have any trade receivables that are eligible for submission to the OSLTF for reimbursement.

CONCENTRATIONS AND CREDIT RISK

6 Months Ended

Jun. 30, 2020

NOTE 5. CONCENTRATIONS AND CREDIT RISK

Major Customers

No customer accounted for more than 10% of total revenue for the three or six months ended June 30, 2020 or 2019, respectively. No customer accounted for more than 10% of total trade receivables as of June 30, 2020 or December 31, 2019.

Credit Risk Concentration

We maintain most of our cash and cash equivalents with nationally recognized financial institutions. Substantially all balances are uninsured and are not used as collateral for other obligations. Concentrations of credit risk on accounts receivable are believed to be limited due to the number, diversification and character of the obligors and our credit evaluation process. Credit risk associated with a portion of the Company’s trade receivables is reduced by our ability to submit claims to the Oil Spill Liability Trust Fund (“OSLTF”) for reimbursement of unpaid customer receivables related to services regulated under the provisions of the Oil Pollution Act of 1990 (“OPA 90”). As of June 30, 2020, the Company did not have any trade receivables that are eligible for submission to the OSLTF for reimbursement.