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11. CONCENTRATIONS OF RISK
6 Months Ended
Jun. 30, 2014
Risks and Uncertainties [Abstract]  
CONCENTRATIONS OF RISK

 

Significant Customer

 

The Company generated approximately $3,100,000 and $1,476,000 for the three months ended June 30, 2014 and 2013, respectively, and approximately $5,746,000 and $2,965,000 for the six months ended June 30, 2014 and 2013, respectively, of total revenue from Buffalo Wild Wings company-owned restaurants and Buffalo Wild Wings franchised restaurants combined. The Company generates such revenue through orders submitted by each of the individual restaurants. As of June 30, 2014 and December 31, 2013, approximately $370,000 and $259,000, respectively, was included in accounts receivable from Buffalo Wild Wings company-owned restaurants and Buffalo Wild Wings franchised restaurants.

 

Equipment Suppliers

 

The tablet used in the Company’s BEOND product line is manufactured by one unaffiliated third party. The Company currently purchases the BEOND tablets from unaffiliated third parties, and it currently purchases tablet playmaker equipment (consisting of cases and charging trays for the tablet playmaker) from an unaffiliated manufacturer located in China. The Company currently purchases its Classic playmakers from an unaffiliated manufacturer located in Taiwan pursuant to a supply agreement, the term of which automatically renews for one year periods unless the agreement is terminated in advance of the automatic renewal by either party. The Company currently does not have an alternative manufacturer of the tablet or an alternative device to the tablet or alternative manufacturing sources for its tablet playmaker equipment or Classic playmakers.

 

As of June 30, 2014 and December 31, 2013, approximately $135,000 and $32,000, respectively, were included in accounts payable or accrued expenses for equipment suppliers.