|6 Months Ended|
Jun. 30, 2021
|Segment Reporting [Abstract]|
Note 7 - Segment Information
The below table presents revenues by segment for the three and six months ended June 30, 2021, and 2020:
Major customers are defined as customers that each individually accounted for greater than 10%
of the Company’s annual revenues. For the three and six months ended June 30, 2021 and 2020,no sales were made to any one customer that represented in excess of 10% of the Company’s total revenues.
As of June 30, 2021 and December 31, 2020, substantially all of the Company’s assets were located in the United States and all of the Company’s revenues were earned in the United States.
The Company disaggregates revenues into categories that depict how the nature, amount, timing and uncertainty of the revenues and cashflows are affected by economic factors. For the three and six months ended June 30, 2021 and 2020, the Company disaggregated its revenues as follows:
The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef