NOTE – 15 SIGNIFICANT CUSTOMERS & GEOGRAPHICAL INFORMATION

For the three months ended June 30, 2014, Milestone had two customers (distributors) that had approximately 47% of its net product sales and three customers (distributors) that had approximately 47% of its net product sales for three months ended June 30, 2013. Milestone had two customers (distributors) for the six months ended June 30, 2014 that had approximately 46% of its net product sales and three customers (distributors) that had approximately 34% of its net product sales for six months ended June 30, 2013, respectively. Milestone had accounts receivable for two customers that amounted to $781,835 representing 54% of gross accounts receivable as of June 30, 2014 and accounts receivable for three customers that amounted to $732,762 representing 48% of gross accounts receivable as of December 31, 2013, respectively.

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

	Three Months Ended June 30,
	2014		2013
Instruments	$	683,398	$	751,451
Handpieces		1,784,981		1,475,696
Other		38,553		51,088
	$	2,506,932	$	2,278,235

United States	$	1,181,374	$	1,080,451
Canada		47,138		66,741
Other Foreign		1,278,420		1,131,043
	$	2,506,932	$	2,278,235

	Six Months Ended June 30,
	2014		2013
Instruments	$	1,524,379	$	1,268,901
Handpieces		3,518,197		3,401,359
Other		85,190		97,518
	$	5,127,766	$	4,767,778

United States	$	2,395,018	$	2,380,952
Canada		71,873		122,343
Other Foreign		2,660,875		2,264,483
	$	5,127,766	$	4,767,778