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CONCENTRATIONS
 12 Months Ended
Dec. 31, 2014
CONCENTRATIONS  
CONCENTRATIONS

NOTE 16 – CONCENTRATIONS

 

For the year ended December 31, 2014, one customer accounted for 13.0% of sales and one supplier accounted for 26.5% of raw material purchases, one customer accounted for 17.7% of accounts receivable, and three different products accounted for 49%, 12% and 11% of revenue.

 

For the year ended December 31, 2013, no customer accounted for more than 10% of sales and one supplier accounted for 18.7% of raw material purchases, two customers accounted for 14.5% and 11.2% of accounts receivable, and three different products accounted for 35%, 13% and 10% of revenue.