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Major Customers
12 Months Ended
Dec. 31, 2019
Risks and Uncertainties [Abstract]  
Major Customers

Note 12 – Major Customers:

 

The Company had net sales to each of three major customers that constituted in excess of 10% of the Company's consolidated net sales for the year ended December 31, 2019. Net sales to these three customers respectively represented approximately 43.2% (21.7%, 11.2%, and 10.3% of consolidated net sales for the year ended December 31, 2019. The Company had net sales to each of two major customers that constituted in excess of 10% of the Company's consolidated net sales for the year ended December 31, 2018. Net sales to these two customers respectively represented approximately 33.1% (21.7% and 11.4%) of consolidated net sales for the year ended December 31, 2018.

 

At December 31, 2019, three customers constituted at least 10% of the Company's gross trade accounts receivable, and at December 31, 2018 two customers constituted in excess of 10% of the Company's gross trade accounts receivable. The gross trade accounts receivable balances for these customers represented approximately 56.8% (28.0%, 15.3%, and 13.5%, respectively) of the Company's gross trade accounts receivable at December 31, 2019, and 41.0% (25.2% and 15.8%, respectively) of the Company's gross trade accounts receivable at December 31, 2018.