Quarterly report pursuant to Section 13 or 15(d)

CONCENTRATIONS (Tables)

v3.22.2.2
CONCENTRATIONS (Tables)
6 Months Ended
Jun. 30, 2022
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 Three Months Ended

    

For the Six Months Ended

 

June 30, 

June 30, 

 

Customer

    

2022

    

2021

    

2022

    

2021

 

Customer A

 

N/A

99.38

%

31.80

%

101.16

%

Customer B

*

N/A

34.47

%

N/A

Customer C

N/A

14.98

%

N/A

N/A

Customer D

19.24

%  

N/A

*

N/A

Customer E

14.12

%

N/A

*

N/A

Customer F

43.64

%

N/A

13.56

%

N/A

Total

 

77.00

%  

114.36

%

79.83

%  

101.16

%

* 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:

    

June 30, 

    

December 31, 

 

Customer

2022

2021

 

Customer A

 

N/A

 

22.08

%

Customer B

 

N/A

 

*

Customer E

 

N/A

*

Customer F

 

*

52.18

%

Customer G

 

30.32

%  

N/A

Customer H

10.99

%  

N/A

Customer I

35.61

%

N/A

Total

 

76.93

%  

74.26

%

* Less than 10%.

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 Three Months Ended

    

For the Six Months Ended

 

June 30, 

June 30, 

 

Supplier

    

2022

    

2021

    

2022

    

2021

 

Supplier A

 

15.26

%

*

17.61

%

*

Supplier B

 

*

*

*

11.30

%

Supplier C

 

19.75

%

N/A

27.58

%

N/A

Supplier D

 

N/A

N/A

15.49

%

N/A

Supplier E

N/A

N/A

11.64

%

N/A

Supplier F

*

*

*

10.37

%

Supplier G

N/A

N/A

*

N/A

Supplier H

*

23.52

%

*

16.54

%

Total

 

35.01

%  

23.52

%  

72.32

%  

38.21

%

* Less than 10%.