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3. Concentrations of Credit Risk
12 Months Ended
Dec. 31, 2015
Risks and Uncertainties [Abstract]  
Concentrations of Credit Risk

The Company maintains aggregate cash balances, at times, with financial institutions, which are in excess of amounts insured by the Federal Deposit Insurance Corporation (“FDIC”). During the year ended December 31, 2015, the FDIC insured deposit accounts up to $250,000. At December 31, 2015, the Company’s cash accounts were all less than the $250,000 FDIC insured amount and as such were insured in full.

 

Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of accounts receivable.

 

In the normal course of business, the Company extends unsecured credit to its customers. Because of the credit risk involved, management has provided an allowance for doubtful accounts which reflects its estimate of amounts which will eventually become uncollectible. In the event of complete non-performance by the Company’s customers, the maximum exposure to the Company is the outstanding accounts receivable balance at the date of non-performance.