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Concentrations
12 Months Ended
Dec. 31, 2021
Risks and Uncertainties [Abstract]  
Concentrations Concentrations
As of December 31, 2021, two customers accounted for 59% of the Company’s total accounts receivable. As of December 31, 2020, one customers accounted for 78% of the Company’s total accounts receivable.
During the year ended December 31, 2021, 58% of the Company’s revenues were earned from three customers. During the years ended December 31, 2020 and 2019, 64% and 73% of the Company’s revenues were earned from three and four customers, respectively.
As of December 31, 2021, one vendor accounted for 19% of the Company’s accounts payable. As of December 31, 2020, three vendors accounted for 42% of the Company’s accounts payable.
During the year ended December 31, 2021, one supplier accounted for 22%, of the Company’s cost of goods sold. During the year ended December 31, 2020 and 2019, one and two suppliers accounted for 45% and 44%, respectively, of the Company’s cost of goods sold.
The Company’s primary product is Northern White frac sand and its mining operations are limited to Wisconsin and Illinois. There is a risk of loss if there are significant environmental, legal or economic changes to this geographic area.
As of December 31, 2021, the Company employed 239 people, of which 43 were employed under collective bargaining agreements. There are no collective bargaining agreements expiring within one year.