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5. CUSTOMERS AND SUPPLIERS
12 Months Ended
Dec. 31, 2020
Risks and Uncertainties [Abstract]  
CUSTOMERS AND SUPPLIERS

The Company had no customers in 2020 that accounted for at least 10% of Company’s annual sales or whose accounts receivable exceeded 10% of the year-end balance. The Company had one customer which accounted for approximately 10% of Company’s sales in 2019, and one customer that accounted for 10% of the outstanding accounts receivable at the end of 2019.

 

The Company purchases all raw materials inventory for its principal product from one vendor. If this vendor became unable to provide materials in a timely manner and the Company was unable to find alternative vendors, the Company's business, operating results and financial condition would be materially adversely affected.