Concentration of Customers
|6 Months Ended|
Jun. 30, 2020
|Risks and Uncertainties [Abstract]|
|Concentration of Customers||
NOTE 20 - CONCENTRATION OF CUSTOMERS
For the six-month period ended June 30, 2020, there were no customers who generated revenues greater than 10% of the Company’s consolidated total revenues or generated greater than 10% of the Company’s consolidated accounts receivable.
For the six-month period ended June 30, 2019 and as of June 30, 2019, one customer accounted for 23%, of the Company’s revenues and two customers accounted for 34% and 10% of the Company’s accounts receivables. Two customers accounted for 22% and 20% of finance receivables as of June 30, 2019.
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef