Concentration of Credit Risk

9 Months Ended

Sep. 30, 2013

Concentration Risk Disclosure [Text Block]

Note 7 - Concentration of Credit Risk

Concentration of credit risk with respect to trade accounts receivable is generally limited due to the large number of entities comprising the Company's customer base. The Company performs ongoing credit evaluations and provides an allowance for potential credit losses against the portion of accounts receivable which is estimated to be uncollectible. Such losses have historically been within management's expectations. During the three and nine months ended September 30, 2013, there were three and two customers whose purchases represented more than 10% of the Company’s consolidated net sales, respectively. During the three and nine months ended September 30, 2012, there were two customers and one customer whose purchases represented more than 10% of the Company’s consolidated net sales, respectively. Sales to these customers for the three and nine months ended September 30, 2013 and 2012 are as follows:

		Three Months Ended				Three Months Ended
		September 30, 2013				September 30, 2012
Customer		Net Sales	% of Net Sales			Net Sales	% of Net Sales
Customer A	$	3,002,000	20.7	%	$	2,251,000	19.1	%
Customer B	$	1,977,000	13.7	%		N/A	N/A
Customer C	$	1,884,000	13.0	%		N/A	N/A
Customer D		N/A	N/A		$	1,478,000	12.5	%

	Nine Months Ended				Nine Months Ended
	September 30, 2013				September 30, 2012
Customer		Net Sales	% of Net Sales		Net Sales		% of Net Sales
Customer A	$	11,412,000	27.9	%	$	9,586,000	25.6	%
Customer B	$	4,658,000	11.4	%		N/A	N/A

As of September 30, 2013, the total amounts owed to the Company by the top three customers were $1,286,000, $1,915,000, and $ 1,054,000, respectively. The amounts owed at September 30, 2012 by these customers were $1,467,000, $580,000, and $ 204,000, respectively.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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