|3 Months Ended|
Dec. 31, 2018
NOTE 14 – CONCENTRATIONS
As of December 31, 2018, the Company had accounts receivable balances comprising 27%, 22% and 11% of total accounts receivable from three customers.
As of September 30, 2018, the company had accounts receivable balances comprising 28%, 12% and 11% of total accounts receivable from three customers.
During the three months ended December 31, 2018, the Company had revenues comprising 22% and 10% of total revenues from two customers.
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