|3 Months Ended|
Mar. 31, 2022
|Risks and Uncertainties [Abstract]|
NOTE 12 - CONCENTRATIONS
Amazon accounted for 45.9% and 53.6% of the Company’s revenues during the three months ended March 31, 2022 and 2021, respectively. No other customer accounted for 10% or more of the Company’s revenues for either period.
NEXTPLAT CORP AND SUBSIDIARIES
FKA: ORBSAT CORP
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
NOTE 12 – CONCENTRATIONS (continued)
The following table sets forth information as to each supplier that accounted for 10% or more of the Company’s purchases for the three months ended March 31, 2022 and 2021.
SCHEDULE OF CONCENTRATION RISK
The following table sets forth revenue as to each geographic location, for the three months ended March 31, 2022 and 2021:
SCHEDULE OF REVENUE FROM EACH GEOGRAPHIC LOCATION
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://fasb.org/us-gaap/role/ref/legacyRef
No definition available.