• Filing Date: 2016-11-17
  • Form Type: 10-Q
  • Description: Quarterly report
v3.5.0.2
Note 4 - Concentrations
6 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]
NOTE 4 – CONCENTRATIONS
 
During the three-month period ended September 30, 2016, one customer accounted for 58% of our revenue.
During the three-month period ended September 30, 2015, one customer accounted for 42% of our revenue.
 
During the six-month period ended September 30, 2016, one customer accounted for 57% of our revenue. As of September 30, 2016, two customers represented 58% of our accounts receivable.
 
During the six-month period ended September 30, 2015, one customer accounted for 42% of our revenue. As of September 30, 2015, one customer represented 50% of our accounts receivable.
 
The Company’s customer base is comprised of foreign and domestic entities with diverse demographics. Revenues from foreign customers represented $97,866 of net revenue or 7.1% for the three months ended September 30, 2016 and $98,411 of net revenue or 7.9% for the three months ended September 30, 2015.
 
Revenues from foreign customers represented $198,398 of net revenue or 7.2% for the six months ended September 30, 2016 and $199,638 of net revenue or 8.6% for the six months ended September 30, 2015.
  
As of September 30, 2016 and 2015, accounts receivable included $4,142 and $35,241, respectively, from foreign customers.