NOTE L – CONCENTRATIONS

Revenue from the Company’s Remote Power Patent constituted 100% of the Company’s revenue for the three and nine months ended September 30, 2021. Revenue from one licensee constituted 100% of the Company’s revenue for the three months ended September 30, 2021 and revenue from two licensees constituted 100% of the Company’s revenue for the nine months ended September 30, 2021. Revenue from one licensee constituted 100% of the Company’s revenue for the three months ended September 30, 2020 and 95% of the Company’s revenue for the nine months ended September 30, 2020. At September 30, 2021 and December 31, 2020, the Company had no royalty receivables.