|6 Months Ended|
Jun. 30, 2020
|Risks And Uncertainties [Abstract]|
Note 8 – Customer Concentrations
Two customers accounted for approximately 96% of the Company’s revenue for the three months ended June 30, 2020, and two customers accounted for approximately 95% of the Company’s revenue for the three months ended June 30, 2019. Two customers accounted for approximately 85% of the Company’s revenue for the six months ended June 30, 2020 and three customers accounted for approximately 75% of the Company’s revenue for the six months ended June 30, 2019. One customer accounted for approximately 85% of the accounts receivable balance, which is Dialog, a related party, as of June 30, 2020. The accounts receivable balance for Dialog was $89,375 as of June 30, 2020. Four customers accounted for nearly 100% of the accounts receivable balance as of December 31, 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