Significant Customers & Geographical Information

3 Months Ended

Mar. 31, 2015

Significant Customers & Geographical Information

NOTE – 12 SIGNIFICANT CUSTOMERS & GEOGRAPHICAL INFORMATION

Milestone had two customers (distributors) for the three months ended March 31, 2015, that had approximately 42%, (27% and 14%), of its net product sales and three customers (distributors) that had approximately 57%, (21%, 24% and 12%), of its net product sales for three months ended March 31, 2014. Milestone had gross accounts receivable for two major customers that amounted to $801,448, ($412,648 and $388,880), representing 49%, (29% and 28%), as of March 31, 2015 and gross accounts receivable for one major customer that amounted to $732,762, or 48% as of December 31, 2014, respectively.

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

	Three Months Ended March 31,
	2015			2014
Instruments	$	1,126,579		$	840,981
Handpieces		1,646,514			1,733,217
Other		(2,890	)		46,636
	$	2,770,204		$	2,620,834

United States	$	867,560		$	1,213,643
Canada		15,977			24,736
Other Foreign		1,886,666			1,382,455
	$	2,770,204		$	2,620,834