Quarterly report pursuant to Section 13 or 15(d)

Concentration of Customers

v3.19.3
Concentration of Customers
9 Months Ended
Sep. 30, 2019
Risks and Uncertainties [Abstract]  
Concentration of Customers

NOTE 19 - CONCENTRATION OF CUSTOMERS

 

For the nine-month period ended September 30, 2019 and as of September 30, 2019, one customer accounted for 25% of I.D. Systems’ revenue and 20% of I.D. Systems’ accounts receivable. Two customers accounted for 23% and 21% of finance receivables as of September 30, 2019.

 

For the nine-month period ended September 30, 2018 and as of September 30, 2018, three customers accounted for 22%, 10% and 10% of I.D. Systems’ revenue and two customers accounted for 15% and 12% of I.D. Systems’ accounts receivable. Two customers accounted for 19% and 11% of finance receivables as of September 30, 2018.