Significant Customers & Geographical Information

9 Months Ended

Jun. 30, 2013

Significant Customers & Geographical Information

NOTE – 11 SIGNIFICANT CUSTOMERS & GEOGRAPHICAL INFORMATION

For the three months ended September 30, 2013, Milestone had three customers (distributors) that had approximately 57% of its net product sales and two customers (distributors) that had approximately 54% of its net product sales for the three months ended September 30, 2012.Milestone had four customers (distributors) for the nine months ended September30, 2013, that had approximately 52% of its net product sales and two customers (distributors) that had approximately 40% of its net product sales for nine months ended September30, 2012. Milestone had accounts receivable for two customers that amounted to $919,381 representing 54% of gross accounts receivable as of September30, 2013 and accounts receivable for  three customers that amounted to $421,890 representing 38% of gross accounts receivable as of December31, 2012, respectively.

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

	ThreeMonthsEndedSeptember30,					NineMonthsEndedSeptember30,
	2013		2012		2013			2012
Instruments	$	491,179	$	368,036	$		1,760,079	$	1,495,773
Handpieces		1,927,391		1,717,201			5,328,751		4,756,482
Other		25,625		44,004			123,143		125,319
	$	2,444,195	$	2,129,241	$		7,211,973	$	6,377,574
United States	$	1,526,608	$	1,342,798	$		3,907,560	$	3,256,933
Canada		119,594		133,605			241,937		470,451
Other Foreign		797,993		652,838			3,062,476		2,650,189
	$	2,444,195	$	2,129,241	$		7,211,973	$	6,377,574