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Concentration of Credit Risk
9 Months Ended
Sep. 30, 2020
Risks And Uncertainties [Abstract]  
Concentration of Credit Risk

Note 13. Concentration of Credit Risk

(a)

Concentration of Sales and Accounts Receivable

The following represents customers that accounted for 10% or more of total revenue during the three and nine months ended September 30, 2020 and 2019, and customers that accounted for 10% or more of total trade accounts receivable at September 30, 2020 and 2019.

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Percentage of net revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer A

 

32%

 

 

34%

 

 

33%

 

 

38%

 

Customer B

 

 

15

 

 

 

18

 

 

 

10

 

 

 

14

 

Customer C

 

 

10

 

 

 

6

 

 

 

7

 

 

 

6

 

Customer D

 

 

4

 

 

 

10

 

 

 

1

 

 

 

3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of September 30,

 

 

 

 

 

 

 

 

 

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

 

Percentage of gross trade accounts receivable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer A

 

17%

 

 

13%

 

 

 

 

 

 

 

 

 

Customer B

 

 

15

 

 

 

38

 

 

 

 

 

 

 

 

 

Customer C

 

 

13

 

 

 

15

 

 

 

 

 

 

 

 

 

Customer D

 

 

13

 

 

 

5

 

 

 

 

 

 

 

 

 

 

(b)

Concentration of Purchases

During the three and nine months ended September 30, 2020, the Company’s products were primarily manufactured by two vendors in China and by the Company’s Arizona facility.