CONCENTRATIONS |
12 Months Ended |
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Dec. 31, 2016 | |
Notes to Financial Statements | |
NOTE L – CONCENTRATIONS |
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 our professional liability settlement see Note K above). Revenue from two licensees constituted approximately 79% of the Company's revenue for the year ended December 31, 2015. At December 31, 2016, royalty receivables from three licensees constituted approximately 85% of the Company's net royalty receivables. At December 31, 2015, royalty receivables from two licensees constituted approximately 82% of the Company's net 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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