CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE	9 Months Ended
Sep. 30, 2021
Risks and Uncertainties [Abstract]
CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE	NOTE 2 - CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE Financial instruments that potentially subject the Company to credit risk consist principally of cash and accounts receivable. The Company has no significant off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements. Cash The Company at times has cash with its financial institution in excess of Federal Deposit Insurance Corporation (“FIDC”) insurance limits. The Company places its cash with high credit quality financial institutions which minimize the risk of loss. To date, the Company has not experienced any such losses. As of September 30, 2021, and December 31, 2020, the Company has approximately $294.6 294600thousand and $431.3431,300 thousand, respectively, in excess of FIDC insurance limits. Accounts Receivable The Company grants credit to its customers, substantially all of whom are retail establishments located throughout the United States and their international locations. The Company typically does not require collateral from customers. Credit risk is limited due to the financial strength of the customers comprising the Company’s customer base and their dispersion across different geographical regions. The Company monitors exposure of credit losses and maintains allowances for anticipated losses considered necessary under the circumstances. Major Customers The Company had two customers who comprised 52% and 29%, respectively, of net revenue during the nine months ended September 30, 2021, and two customers who comprised 30% and 54%, respectively, of net revenue during the nine months ended September 30, 2020. The loss of these customers would adversely impact the business of the Company. For the nine months ended September 30, 2021, and 2020, approximately 71% and 29%, respectively, of the Company’s net revenue resulted from international sales. As of September 30, 2021, approximately $44.0 41,000 thousand or 100% of accounts receivable was from one customer. As of December 31, 2020, approximately $120.1 120,100 thousand or 100% of accounts receivable was from one customer. Major Vendors The Company had two vendors from which it purchased 48% and 26%, respectively, of merchandise during the nine months ended September 30, 2021, and two vendors from which it purchased 61% and 25% of merchandise during the nine months ended September 30, 2020. The loss of these suppliers could adversely impact the business of the Company. As of September 30, 2021, approximately $11.0 11,000thousand or 10% of accounts payable was due to one vendor. As of December 31, 2020, approximately $115 thousand or 47% of accounts payable was due to one vendor.

CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE

9 Months Ended

Sep. 30, 2021

CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE

NOTE 2 - CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE

Financial instruments that potentially subject the Company to credit risk consist principally of cash and accounts receivable. The Company has no significant off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements.

Cash

The Company at times has cash with its financial institution in excess of Federal Deposit Insurance Corporation (“FIDC”) insurance limits. The Company places its cash with high credit quality financial institutions which minimize the risk of loss. To date, the Company has not experienced any such losses. As of September 30, 2021, and December 31, 2020, the Company has approximately $294.6 294600thousand and $431.3431,300 thousand, respectively, in excess of FIDC insurance limits.

Accounts Receivable

The Company grants credit to its customers, substantially all of whom are retail establishments located throughout the United States and their international locations. The Company typically does not require collateral from customers. Credit risk is limited due to the financial strength of the customers comprising the Company’s customer base and their dispersion across different geographical regions. The Company monitors exposure of credit losses and maintains allowances for anticipated losses considered necessary under the circumstances.

Major Customers

The Company had two customers who comprised 52% and 29%, respectively, of net revenue during the nine months ended September 30, 2021, and two customers who comprised 30% and 54%, respectively, of net revenue during the nine months ended September 30, 2020. The loss of these customers would adversely impact the business of the Company.

For the nine months ended September 30, 2021, and 2020, approximately 71% and 29%, respectively, of the Company’s net revenue resulted from international sales.

As of September 30, 2021, approximately $44.0 41,000 thousand or 100% of accounts receivable was from one customer. As of December 31, 2020, approximately $120.1 120,100 thousand or 100% of accounts receivable was from one customer.

Major Vendors

The Company had two vendors from which it purchased 48% and 26%, respectively, of merchandise during the nine months ended September 30, 2021, and two vendors from which it purchased 61% and 25% of merchandise during the nine months ended September 30, 2020. The loss of these suppliers could adversely impact the business of the Company.

As of September 30, 2021, approximately $11.0 11,000thousand or 10% of accounts payable was due to one vendor. As of December 31, 2020, approximately $115 thousand or 47% of accounts payable was due to one vendor.