|9 Months Ended|
Sep. 30, 2020
|Risks and Uncertainties [Abstract]|
NOTE 15 – CUSTOMER CONCENTRATIONS
The Company had sales from operations to one customer for the nine months ended September 30, 2020 and three for the nine months ended September 30, 2019, that surpassed the 10% threshold of total revenue. In total, these customers represented approximately 17% and 31% of our total sales, respectively. The concentration of the Company’s business with a relatively small number of customers may expose us to a material adverse effect if one or more of these large customers were to experience financial difficulty or were to cease being customers for non-financial related issues.
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef