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Concentrations
3 Months Ended
Mar. 31, 2021
Risks and Uncertainties [Abstract]  
CONCENTRATIONS

NOTE 8 – CONCENTRATIONS


Customer concentration


For the three months ended March 31, 2021 and 2020, no customer accounted for over 10% of total revenues from apparel sales. For the three months ended March 31, 2021, one licensee accounted for 100% of total revenues related to the Company’s biopharmaceutical operation as compared to no licensees for the three months ended March 31, 2020.


Vendor concentrations


Generally, the Company purchases substantially all of its raw materials and inventory from two suppliers. The loss of these suppliers may have a material adverse effect on the Company’s results of operations and financial condition. However, the Company believes that, if necessary, alternate vendors could supply similar products in adequate quantities to avoid material disruptions to operations.