• Filing Date: 2014-08-14
  • Form Type: 10-Q
  • Description: Quarterly report
v2.4.0.8
Note 5 - Concentrations
3 Months Ended
Jun. 30, 2014
Risks and Uncertainties [Abstract]  
Concentration Risk Disclosure [Text Block]

NOTE 5 – CONCENTRATIONS


During the three month period ended June 30, 2014, one customer accounted for 18% of our revenue. As of June 30, 2014, three customers represented approximately 52% of our accounts receivable.


During the three month period ended June 30, 2013, two customers accounted for 35% of our revenue. As of June 30, 2013, three customers represented approximately 53% of our accounts receivable.


The Company’s customer base is comprised of foreign and domestic entities with diverse demographics. Revenues from foreign customers represented $40,095 of net revenue or 6.4% for the three months ended June 30, 2014 and $46,954 of net revenue or 14.6% for the three months ended June 30, 2013. As of June 30, 2014 and 2013, accounts receivable includes approximately $4,300 and $4,000, respectively, from foreign customers.