Quarterly report pursuant to Section 13 or 15(d)

CONCENTRATIONS (Tables)

v3.22.1
CONCENTRATIONS (Tables)
3 Months Ended
Mar. 31, 2022
Risks and Uncertainties [Abstract]  
Schedule of concentration risk percentage
Concentration of Customers
 
For the three months ended March 31, 2022 and 2021, respectively, the Company had the following concentrations of customers:
 
 
 
Percentage of
 
 
 
 
 
 
revenues for the
 
 
Percentage of accounts
 
 
 
Three Months Ended
 
 
receivables as of
 
 
 
March 31,
 
 
March 31,
 
 
December 31,
 
 
 
2022
 
 
2021
 
 
2022
 
 
2021
 
Customer 1
 
 
39
%
 
 
37
%
 
 
30
%
 
 
34
%
Customer 2
 
 
18
%
 
 
17
%
 
 
6
%
 
 
5
%
Customer 3
 
 
10
%
 
 
10
%
 
 
3
%
 
 
4
%
 
Concentration of Suppliers
 
For the three months ended March 31, 2022 and 2021, respectively, the Company had the following concentrations of suppliers:
 
 
 
Percentage of
 
 
 
 
 
 
purchases for the
 
 
Percentage of accounts
 
 
 
Three Months Ended
 
 
payable as of
 
 
 
March 31,
 
 
March 31,
 
 
December 31,
 
 
 
2022
 
 
2021
 
 
2022
 
 
2021
 
Supplier 1
 
 
13
%
 
 
21
%
 
 
15
%
 
 
16
%
Supplier 2
 
 
11
%
 
 
22
%
 
 
3
%
 
 
16
%
Supplier 3
 
 
16
%
 
 
11
%
 
 
9
%
 
 
8
%
Supplier 4
 
 
10
%
 
 
16
%
 
 
8
%
 
 
12
%
Supplier 5
 
 
10
%
 
 
0
%
 
 
6
%
 
 
2
%
Supplier 6
 
 
4
%
 
 
0
%
 
 
3
%
 
 
0
%
 
Schedule of Geographical Distribution of Revenue Percentage
Geographic Concentration
 
For the three a months ended March 31, 2022 and 2021, respectively, the Company had the following geographic concentrations:
 
 
 
Percentage of
revenues for the
 
 
 
 
Percentage of accounts
 
 
 
Three Months Ended
 
 
receivables as of
 
 
 
March 31,
 
 
March 31,
 
 
December 31,
 
 
 
2022
 
 
2021
 
 
2022
 
 
2021
 
Canada
 
 
3
%
 
 
4
%
 
 
6
%
 
 
7
%
Europe
 
 
13
%
 
 
3
%
 
 
11
%
 
 
14
%
United States of America
 
 
83
%
 
 
92
%
 
 
76
%
 
 
72
%
Other
 
 
1
%
 
 
1
%
 
 
7
%
 
 
7
%