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Customer and Supplier Concentration (Tables)
 12 Months Ended
Dec. 31, 2017
Risks and Uncertainties [Abstract]  
Schedule of Concentration Risk

The Company’s revenues were concentrated among few customers for the years ended December 31, 2017 and 2016:

 

Customer   Total revenues from the customer to total revenues for the year ended December 31, 2017     Accounts receivable from the customer as of December 31, 2017 (rounded to 000)     Total revenues from the customer to total revenues for the year ended December 31, 2016     Accounts receivable from the customer as of December 31, 2016 (rounded to 000)  
1     12 %   $ 372,000       13 %   $ 11,917  
2     11 %   $ 634,000       1 %   $ 162,300  

 

The loss of the significant customer or the failure to attract new customers could have a material adverse effect on our business, results of operations and financial condition.

 

The Company’s purchases were concentrated among few vendors for the years ended December 31, 2017 and 2016:

 

Vendor   Total purchases from the vendor to total purchases for the year ended December 31, 2017     Accounts payable (prepayment) to the vendor as of December 31, 2017 (rounded to 000)     Total purchases from the vendor to total purchases for the year ended December 31, 2016     Accounts payable (prepayment) to the vendor as of December 31, 2016 (rounded to 000)  
1     37 %   $ (61,000 )     2 %   $ (229,000 )
2*     34 %   $ 4,325,000       32 %   $ 3,618,000  

 

* EDI, a related party. See note 15.