Quarterly report pursuant to Section 13 or 15(d)

Customer Concentration

Customer Concentration

6 Months Ended

Jun. 30, 2018

Note 13. Customer Concentration

Revenue from the Company’s major customers are as follows:

	For the Three Months June 30,				% of Total Revenue
	2018		2017		2018			2017
Customer A	$	17,218	$	—		20	%		—	%
Customer B	$	15,974	$	—		18	%		—	%
Customer C	$	13,450	$	—		15	%		—	%
Customer D	$	—	$	8,857		—	%		17	%
Customer E	$	9,097	$	—		10	%		—	%
Customer F	$	—	$	8,126		—	%		16	%
Customer G	$	—	$	7,527		—	%		15	%

	For the Six Months June 30,				% of Total Revenues
	2018		2017		2018
Customer A	$	17,218	$	—		10	%	—	%
Customer B	$	34,632	$	—		20	%	—	%
Customer D	$	—	$	8,857		—	%	17	%
Customer F	$	—	$	8,126		—	%	16	%
Customer G	$	—	$	7,527		—	%	15	%

Accounts Receivables for the Company’s major customers are as follows:

	Accounts Receivable				% of Total Accounts Receivable
	As of June 30, 2018		As of December 31, 2017		2018			2017
Customer A	$	12,570	$	—		16	%		—	%
Customer B	$	12,428	$	—		16	%		—	%
Customer C	$	8,636	$	—		11	%		—	%
Customer H	$	—	$	7,513		—	%		12	%
Customer I	$	—	$	18,477		—	%		30	%

The Company’s customer base is highly concentrated. Revenues are non-recurring, project-based revenues, therefore, it is not unusual for significant period-to-period shifts in customer concentrations. Revenue may significantly decline if the Company were to lose one or more of its significant customers, or if the Company were not able to obtain new customers upon the completion of significant contracts.