Annual report pursuant to Section 13 and 15(d)

CONCENTRATIONS (Tables)

v3.22.1
CONCENTRATIONS (Tables)
12 Months Ended
Dec. 31, 2021
CONCENTRATIONS  
Summary of customer and supplier concentrations

The following table sets forth information as to each customer that accounted for 10% or more of the Company’s net revenues for the following periods:

    

For the Years Ended

 

December 31, 

 

Customer

    

2021

    

2020

 

Customer A

 

85.77

%  

51.40

%

Customer B

 

N/A

26.43

%

Customer C

 

N/A

18.24

%

Customer D

 

11.56

%

N/A

Customer H

N/A

N/A

Customer I

 

N/A

 

*

Total

 

97.33

%  

96.07

%

*

Less than 10%.

The following table sets forth information as to each customer that accounted for 10% or more of the Company’s gross accounts receivable as of:

December 31, 

 

Customer

    

2021

    

2020

 

Customer A

 

N/A

 

89.02

%

Customer B

 

22.08

%

N/A

Customer E

 

52.18

%  

N/A

Total

 

74.26

%  

89.02

%

The following table sets forth information as to each supplier that accounted for 10% or more of the Company’s Supplier Costs for the following periods:

    

For the Years Ended

 

December 31, 

 

Supplier

    

2021

    

2019

 

Supplier B

 

N/A

15.51

%

Supplier C

 

N/A

 

N/A

Supplier D

 

N/A

16.32

%

Supplier E

 

42.36

%

N/A

Total

 

42.36

%  

31.83

%

*

Less than 10%.