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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Schedule of revenue & accounts receivable with customers

For the three months ended March 31, 2019 and 2018, the Company had the following 10 percent or greater concentrations of revenue with its customers:

 

    2019     2018  
A*     17.9 %     18.0 %
B*     0.1 %     11.6 %
All other     82.0 %     70.4 %
Total     100.0 %     100.0 %

 

Revenues from customer A are derived from a customer located in Sweden and customer B are derived from a customer located in China. Revenues from all other customers were mainly derived in the United States.

 

At March 31, 2019 and December 31, 2018, the Company had the following 10 percent or greater concentrations of accounts receivable with its customers:

 

    2019     2018  
A*     41.1 %     41.5 %
All other     58.9 %     58.5 %
Total     100.0 %     100.0 %

 

*Receivables from customer A are derived from a customer located in Sweden.

Schedule of exchange rates

As of and for the three months ended March 31, 2019 and March 31, 2018, the exchange rates used to translate amounts in Chinese Yuan into USD for the purposes of preparing the consolidated financial statements were as follows:

 

    March 31, 2019     March 31, 2018  
Exchange rate on balance sheet dates                
USD : CNY exchange rate     6.71       6.29  
                 
Average exchange rate for the period                
USD : CNY exchange rate     6.75       6.36