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Segment Information and Concentrations (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Revenue by geographic areas

Revenues by geographic area for three and six months ended June 30, 2019 and 2018 were as follows:

		Three Months Ended June 30,								Six Months Ended June 30,
Revenues:		2019				2018				2019				2018
Americas		$	3,975,771			$	3,311,626			$	7,653,571			$	6,316,596
Europe			604,931				639,640				1,097,923				1,283,389
Asia Pacific			479,403				241,065				937,202				573,401
Total revenues		$	5,060,105			$	4,192,331			$	9,688,696			$	8,173,386

Major customers accounted for at least 10% of total revenues

Customers who accounted for at least 10% of the Company’s total revenues for the three and six-month periods ended June 30, 2019 and 2018 were:

		Three Months Ended June 30,								Six Months Ended June 30,
		2019				2018				2019				2018
Ingram Micro Inc.			41	%			33	%			42	%			32	%
BlueStar, Inc.			18	%			22	%			19	%			22	%
ScanSource, Inc.			*				10	%			*				10	%

_____________

* Customer accounted for less than 10% of total revenues for the period

Major customers accounted for at least 10% of net accounts receivable balances

Customers who accounted for at least 10% of the Company’s accounts receivable balances at June 30, 2019 and December 31, 2018 were as follows:

		June 30,				December 31,
		2019				2018
Ingram Micro Inc.			48	%			41	%
BlueStar, Inc.			17	%			19	%

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- Definition

Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227

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