N. BUSINESS CONCENTRATION |
12 Months Ended |
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Dec. 31, 2015 | |
Risks and Uncertainties [Abstract] | |
BUSINESS CONCENTRATION |
For the years ended December 31, 2015 and 2014, no single customer represented 10% or more of the Companys total net revenues.
As of December 31, 2015, no single customer accounted for 10% of the Companys net accounts receivable. As of December 31, 2014, one customer accounted for 13% of the Companys net accounts receivable.
Purchases from two suppliers approximated $3,800,000, or 80%, of total purchases for the year ended December 31, 2015 and approximately $3,700,000, or 76%, of total purchases for the year ended December 31, 2014. Total due to these suppliers, net of deposits, was $584,288 and $750,084 as of December 31, 2015 and 2014, respectively. |
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- Definition 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://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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