Customer Concentration

3 Months Ended

Mar. 31, 2021

Risks and Uncertainties [Abstract]

CUSTOMER CONCENTRATION

12. CUSTOMER CONCENTRATION

During the three months ended March 31, 2021 and 2020, the Company had net sales to each of two customers that constituted in excess of 10% of its net sales. Net sales to these two customers represented approximately 43.2% (29.5% and 13.7%) and 24.4% (14.0% and 10.4%) of the Company’s net sales, for the three months ended March 31, 2021 and 2020, respectively.

At March 31, 2021 and December 31, 2020, three customers constituted at least 10% of the Company’s gross trade accounts receivable. The gross trade accounts receivable balances for these customers represented approximately 68.6% (37.4%, 21.2%, and 10.0%) and 63.6% (28.8%, 21.1%, and 13.7%) of the Company’s gross trade accounts receivable, at March 31, 2021 and December 31, 2020, respectively.