• Filing Date: 2019-02-19
  • Form Type: 10-Q
  • Description: Quarterly report
v3.10.0.1
Note 4 - Concentrations
9 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]
NOTE 
4
 – CONCENTRATIONS
 
During the 
three
 months ended 
December 31, 2018
two
customers accounted for
61%
 of our net revenue. During the 
nine
months ended 
December 
31,
2018
two
customers accounted for
56%
 of our net revenue.
 
As of 
December 31, 2018, 
three
 customers represented 
99%
 of our net accounts receivable.
 
During the
three
months ended 
December 31, 2017
three
customers accounted for
52%
of our net revenue. During the
nine
months ended
December 31, 2017
three
customers accounted for
59%
of our net revenue.
 
As of 
March 31, 2018, 
two
 customers represented 
93%
 of our net accounts receivable.
 
The Company’s customer base is comprised of foreign and domestic entities with diverse demographics. Net revenues from foreign customers for the
three
and
nine
months ended
December 31, 2018
was
$77,275
or
10%
and
$324,814
 or
14%,
respectively.
 
Net revenues from foreign customers for the 
three
 and 
nine
 months ended 
December 31, 2017,
was 
$92,967
 or 
9%
 and 
$251,825
 or 
8%,
 respectively. 
 
As of  
December 31, 2018, 
and 
March 31, 2018, 
accounts receivable included 
$38,999
 and 
$39,995,
 respectively, from foreign customers.