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8. CONCENTRATIONS OF RISK
9 Months Ended
Sep. 30, 2015
Risks and Uncertainties [Abstract]  
CONCENTRATIONS OF RISK

Significant Customer

 

For the three months ended September 30, 2015 and 2014, the Company generated approximately $2,708,000 and $2,409,000, respectively, of total revenue from Buffalo Wild Wings corporate-owned restaurants and its franchisees, which represented approximately 45% and 40% of total revenue for those periods, respectively. For the nine months ended September 30, 2015 and 2014, the Company generated approximately $8,008,000 and $8,155,000, respectively, of total revenue from Buffalo Wild Wings corporate-owned restaurants and its franchisees, which represented 44% and 42% of total revenue for those periods, respectively. As of September 30, 2015 and December 31, 2014, approximately $117,000 and $1,558,000, respectively, was included in accounts receivable from Buffalo Wild Wings corporate-owned restaurants and its franchisees.

 

Equipment Suppliers

 

The tablet used in the Company’s BEOND product line is manufactured by one unaffiliated third party, and the Company currently does not have an alternative manufacturer or an alternative device to the tablet. The Company currently purchases the BEOND tablets from various unaffiliated third parties. The Company also currently purchases each piece of the tablet equipment (consisting of cases and charging trays for the tablet) from a different unaffiliated third party with respect to each piece of equipment. A different third party assembles the tablet cases. The Company currently does not have an alternative supply source for the tablet equipment or an alternative tablet case assembler.

 

The Company currently purchases its Classic playmakers from an unaffiliated manufacturer 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 for its Classic playmakers. However, the Company does not currently expect to purchase additional Classic playmakers.

 

As of September 30, 2015 and December 31, 2014, approximately $176,000 and $423,000, respectively, were included in accounts payable or accrued expenses for equipment suppliers.