XML 30 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Concentrations of Credit Risk and Major Customers
12 Months Ended
Dec. 31, 2017
Concentrations of Credit Risk and Major Customers [Abstract]  
CONCENTRATIONS OF CREDIT RISK AND MAJOR CUSTOMERS

Note 11 – CONCENTRATIONS OF CREDIT RISK AND MAJOR CUSTOMERS

 

Customers

 

For the years ended December 31, 2017, 2016 and 2015, customers accounting for 10% or more of the Company’s revenue were as follows:

 

    For the Years Ended  
    December 31,  
Customer   2017     2016     2015  
                   
Customer A     * %     12.00 %     * %
Customer B     10.89 %     12.67 %     12.54 %

 

Less than 10%

 

As of December 31, 2017, Customer B, and Customer F accounted for 14.77% and 15.76% of the Company’s total current outstanding accounts receivable, respectively.

 

As of December 31, 2016, Customer A and Customer C, accounted for 24.07% and 10.99% of the Company’s total current outstanding accounts receivable, respectively.

 

Suppliers

 

For the years ended December 31, 2017, 2016 and 2015, suppliers accounting for 10% or more of the Company’s purchase were as follows:

 

    For the Years Ended
December 31,
 
Supplier   2017     2016     2015  
Supplier A     10.65 %     14.12 %     *  
Supplier B     13.23 %     13.39 %     15.51 %

 

Less than 10%

 

As of December 31, 2017 and 2016, no supplier’s balance accounted for over 10% of the Company’s total accounts payable and notes payable.