11. Business Concentration and Risks |
3 Months Ended |
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Mar. 31, 2020 | |
Risks and Uncertainties [Abstract] | |
Business Concentration and Risks |
Note 11 – Business Concentration and Risks
Major customers
One customer accounted for 17% and 18% of the total accounts receivable as of March 31, 2020 and December 31, 2019, respectively.
Major vendors
One vendor accounted for 4% and 21% of total accounts payable at March 31, 2020 and December 31, 2019, respectively. |
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- Definition 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
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- References No definition available.
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