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15. BUSINESS CONCENTRATION
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12 Months Ended |
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Dec. 31, 2012
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| Business Concentration | |
| NOTE O - BUSINESS CONCENTRATION |
For the years ended December 31, 2012 and 2011, no single customer represented 10% or more of our total net revenues.
Purchases from two suppliers approximated $2,600,000, or 73%, of total purchases for the year ended December 31, 2012 and approximately $1,700,000, or 68%, of total purchases for the year ended December 31, 2011. Total due to these suppliers, net of deposits, was $384,099 and $0 as of December 31, 2012 and 2011, respectively. |
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- Details
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- Definition
The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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