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Concentrations Disclosure
9 Months Ended
Sep. 30, 2020
Notes  
Concentrations Disclosure 4. Concentrations

 

The Company grants credit in the normal course of business to its customers. The Company periodically performs credit analysis and monitors the financial condition of its customers to reduce credit risk.

 

One customer accounted for 100% of total project management revenue during the three and nine months ended September 30, 2020, and two customers accounted for 96.7% and 3.3% for the three month period ended September 30, 2019, and 94.3% and 4.3%, respectively, of total project management revenue during the nine months ended September 30, 2019.

 

One customer accounted for 100% of total project management net accounts receivable at September 30, 2020, and two project management customers accounted for 83.7% and 16.3%, respectively, of total project management accounts receivable at December 31, 2019. Project management accounts receivable constituted 64.9% of receivables at September 30, 2019, and 88.2% of net receivables as of December 31, 2019.