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Major Customers and Vendors
12 Months Ended
Dec. 31, 2023
Major Customers and Vendors [Abstract]  
MAJOR CUSTOMERS AND VENDORS

NOTE 14 – MAJOR CUSTOMERS AND VENDORS

 

The Company had the following customers that accounted for 10% or greater of revenue in either 2023 or 2022. No other customers accounted for more than 10% of revenue in either year presented.

 

   2023   2022 
   $   %   $   % 
Customer A   5,825,151    8.1    6,817,682    10.9 
Customer B   10,275,210    14.4    3,876,580    6.2 

 

Our accounts receivable included two agencies, that represented multiple customers, that individually made up more than 10% of our accounts receivable at December 31, 2023 in the percentages of 28.3% and 14.1%. As of December 31, 2022, our accounts receivable included two entities, including one agency that represented multiple customers that individually made up more than 10% of our accounts receivable in the percentages of 13.3% and 10.8%.

 

The Company generates a portion of its revenues through its EHR and ePrescribe partners. There were three key partners and/or vendors through which 10% or greater of its revenue was generated in either 2023 or 2022 as set forth below. The amounts in the table below reflect the amount of revenue generated through those partners.

 

    2023     2022  
    $     %     $     %  
Partner A     26,035,135       36.4       19,882,511       31.8  
Partner B     13,955,426       19.5       12,494,227       20.0  
Partner C     6,498,694       9.1       6,578,661       10.5