CONCENTRATIONS |
3 Months Ended |
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Mar. 31, 2017 | |
Notes to Financial Statements | |
NOTE L – CONCENTRATIONS |
Revenue from one licensee constituted approximately 77% and 91% of the Company's revenue for the three months ended March 31, 2017 and March 31, 2016, respectively. At March 31, 2017, royalty receivables from two licensees constituted approximately 84% of the Company's net royalty receivables. At December 31, 2016, royalty receivables from three licenses constituted approximately 85% 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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