Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Summary of Sales by Major Customer

Sales by major customer consisted of the following:

 

 

Three months ended June 30,

 

 

Three months ended June 30,

 

 

 

2017

 

 

2016

 

 

 

Percent

 

 

 

 

 

 

Percent

 

 

 

 

 

 

 

of Total

 

 

Amount

 

 

of Total

 

 

Amount

 

Caterpillar

 

 

20%

 

 

$

7,015

 

 

 

18%

 

 

$

4,792

 

CEG Distributions PTY Ltd.

 

 

12%

 

 

 

3,973

 

 

 

10%

 

 

 

2,668

 

Other

 

 

68%

 

 

 

23,252

 

 

 

72%

 

 

 

19,811

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

100%

 

 

$

34,240

 

 

 

100%

 

 

$

27,271

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30,

 

 

Six months ended June 30,

 

 

 

2017

 

 

2016

 

 

 

Percent

 

 

 

 

 

 

Percent

 

 

 

 

 

 

 

of Total

 

 

Amount

 

 

of Total

 

 

Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Caterpillar

 

 

19%

 

 

$

11,554

 

 

 

21%

 

 

$

12,019

 

CEG Distributions PTY Ltd.

 

 

11%

 

 

 

6,887

 

 

 

10%

 

 

 

5,407

 

Other

 

 

70%

 

 

 

43,809

 

 

 

69%

 

 

 

38,315

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

100%

 

 

$

62,250

 

 

 

100%

 

 

$

55,741

 

 

Summary of Revenue by Geographic Area

Revenue by geographic area consisted of the following for three and six months ended June 30, 2017

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

Percent

 

 

 

 

 

 

Percent

 

 

 

 

 

 

Percent

 

 

 

 

 

 

Percent

 

 

 

 

 

 

 

of Total

 

 

Amount

 

 

of Total

 

 

Amount

 

 

of Total

 

 

Amount

 

 

of Total

 

 

Amount

 

United States

 

 

72%

 

 

$

24,757

 

 

 

77%

 

 

$

21,160

 

 

 

72%

 

 

$

45,059

 

 

 

81%

 

 

$

45,280

 

Australia

 

 

16%

 

 

 

5,351

 

 

 

10%

 

 

 

2,668

 

 

 

17%

 

 

 

10,578

 

 

 

10%

 

 

 

5,405

 

Other

 

 

12%

 

 

 

4,133

 

 

 

13%

 

 

 

3,443

 

 

 

11%

 

 

 

6,614

 

 

 

9%

 

 

 

5,056

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

100%

 

 

$

34,240

 

 

 

100%

 

 

$

27,271

 

 

 

100%

 

 

$

62,250

 

 

 

100%

 

 

$

55,741