8. Business Concentration and Risks |
9 Months Ended |
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Sep. 30, 2019 | |
| Risks and Uncertainties [Abstract] | |
| Business Concentration and Risks |
Note 8 – Business Concentration and Risks
Major customers
One customer accounted for 25% and 22% of the total accounts receivable as of September 30, 2019 and December 31, 2018, respectively.
Major vendors
One vendor accounted for 51% and 95% of total accounts payable at September 30, 2019 and December 31, 2018, 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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