v3.23.1
Major Customer and Geographic Information
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Major Customer and Geographic Information

11.        Major Customer and Geographic Information

 

Our Company’s revenues, expressed as a percentage of total revenues, from non-affiliated customers that equaled 10% or more of our Company’s total revenues were:

 

               
    Year ended December 31  
    2022     2021  
Customer A     66%       27%  
Customer B     19%       48%  

 

Our Company’s non-affiliate customers whose individual balances amounted to more than 10% of our Company’s net accounts receivable, expressed as a percentage of net accounts receivable, were:

 

               
    December 31  
    2022     2021  
Customer A     84%       74%  
Customer B       6%       21%  

 

Our Company performs ongoing credit evaluations of its customers and generally does not require collateral. Our Company also maintains allowances for potential credit losses. The loss of a major customer could have a material adverse effect on our Company’s business operations and financial condition. Our Company’s revenues by geographic region are as follows:

 

               
    Year ended December 31  
    2022     2021  
North America   $ 3,331,600     $ 812,800  
South America     1,600       4,100  
Europe     200       –  
Asia     968,000       1,041,300  
Australia     325,800       93,700  
    $ 4,627,200     $ 1,951,900