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Significant Customers
3 Months Ended
Mar. 31, 2013
SIGNIFICANT CUSTOMERS

NOTE – 11 SIGNIFICANT CUSTOMERS

Milestone had three customers (distributors) for the three months ended March 31, 2013, that had approximately 49% of its net product sales and two customers (distributors) that had approximately 35% of its net product sales for three months ended March 31, 2012. Milestone had accounts receivable for four customers that amounted to $860,748 representing 61% of gross accounts receivable as of March 31, 2013 and had three customers that amounted to $421,890 representing 38% of gross accounts receivable as of December 31, 2012, respectively.

Milestone’s sales by product and by geographical region are as follows:

 

Three Months Ended March 31,

 

2013

 

2012

Instruments

$             517,450

 

$         568,570

Handpieces

             1,925,663

 

         1,309,980

Other

                  46,429

 

              42,808

 

$          2,489,542

 

$      1,921,358

 

 

 

 

United States

$          1,300,500

 

$         870,490

Canada

                  55,602

 

            143,510

Other Foreign

             1,133,440

 

            907,358

 

$          2,489,542

 

$      1,921,358