CONCENTRATIONS |
12 Months Ended |
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Dec. 31, 2017 | |
Notes to Financial Statements | |
NOTE K - CONCENTRATIONS |
Revenue from three licensees constituted approximately 67% of the Company's revenue for the year ended December 31, 2017. Revenue from three licensees constituted approximately 83% of the Company's revenue for the year ended December 31, 2016 (exclusive of non-licensing revenue from the Company's professional liability settlementsee Note J above. At December 31, 2017, royalty receivables from three licensees constituted approximately 79% of the Company's royalty receivables. At December 31, 2016, royalty receivables from three licensees constituted approximately 85% of the Company's royalty receivables. |
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- References No definition available.
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- Definition 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://www.xbrl.org/2003/role/presentationRef
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