Concentrations |
3 Months Ended |
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Jan. 31, 2019 | |
Risks and Uncertainties [Abstract] | |
Concentrations |
NOTE 9 - CONCENTRATIONS
Significant Customers
During the three months ended January 31, 2019, the Company had two customers from whom it generated sales greater than 10% of net revenues. Revenues from these customers was $2,616,171, or 45% of net revenues during the period. Total accounts receivable from these customers at January 31, 2019 was $990,039 or 22% of accounts receivable.
During the three months ended January 31, 2018, the Company had one customer from whom it generated sales greater than 10% of net revenues. Revenues from this customer was $364,661, or 12% of net revenues during the period. Total accounts receivable from this customer at January 31, 2018 was $227,420 or 12% of accounts receivable. |
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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://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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