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Concentration of Risks
12 Months Ended
Dec. 31, 2019
Risks and Uncertainties [Abstract]  
Concentration of Risks
Concentration of Risks
Significant Customers
A material part of the Company’s business is dependent on a few customers, the loss of which could have a material adverse effect on the Company. The following table presents customers representing greater than 10% of total revenues and/or outstanding receivable as of and for the years ended December 31, 2019 and 2018 (in thousands):
 
Consolidated
Revenue 
 
%
 
Accounts
Receivable
 
%
2019:
 
 
 
 
 
 
 
Customer 1
$
9,270

 
20
%
 
$
1,172

 
19
%
 
$
9,270

 
20
%
 
$
1,172

 
19
%
2018:
 
 
 
 
 
 
 
Customer 1
$
9,710

 
26
%
 
$
998

 
23
%
Customer 2
4,451

 
12

 
113

 
3

 
$
14,161

 
38
%
 
$
1,111

 
26
%

LNG Segment
Revenue 
 
%
 
Accounts
Receivable
 
%
2019:
 
 
 
 
 
 
 
Customer 1
$
9,270

 
21
%
 
$
1,172

 
23
%
Customer 2
4,206

 
10

 

 

 
$
13,476

 
31
%
 
$
1,172

 
23
%
2018:
 
 
 
 
 
 
 
Customer 1
$
9,710

 
26
%
 
$
998

 
23
%
Customer 2
4,451

 
12

 
113

 
3

 
$
14,161

 
38
%
 
$
1,111

 
26
%

Power Delivery Segment
Revenue 
 
%
 
Accounts
Receivable
 
%
2019:
 
 
 
 
 
 
 
Customer 1
$
472

 
14
%
 
$
51

 
6
%
Customer 2
407

 
12

 
103

 
11

 
$
879

 
26
%
 
$
154

 
17
%
2018:
 
 
 
 
 
 
 
Customer 1
$

 
%
 
$

 
%
Customer 2

 

 

 

 
$

 
%
 
$

 
%


No other customer represented more than 10% of the Company’s total revenue for the years ended December 31, 2019 and 2018. Based upon the expected collectability of our accounts receivable, management believed all balances were fully collectible such that no allowance for doubtful accounts was deemed necessary.