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CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS
12 Months Ended
Dec. 31, 2023
Risks and Uncertainties [Abstract]  
CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS
The Company is potentially subject to financial instrument concentration of credit risk through its cash, cash equivalents, marketable securities, and accounts receivable. The Company places its cash, cash equivalents and marketable securities with high quality institutions and performs periodic evaluations of their relative credit standing.
Accounts receivable can be potentially exposed to a concentration of credit risk with its major customers. As of December 31, 2023 and 2022, amounts due from one customer represented approximately 40% and 24%, respectively, of the total accounts receivable balance.
In the years ended December 31, 2023, 2022 and 2021, one customer accounted for approximately 40%, 37% and 34%, respectively, of total net revenues.