Concentration Risk |
12 Months Ended | ||
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Dec. 31, 2022 | |||
Risks and Uncertainties [Abstract] | |||
CONCENTRATION RISK |
Major customers are defined as those from whom the Group derives at least 10% of its consolidated revenues consolidated accounts receivable.
During the years ended December 31, 2022, 2021 and 2020, consolidated revenues from the major customers reflected 77% (two customers), 45% (three customers) and 27% (one customer) of the total consolidated revenues, respectively.
As of December 31, 2022 and 2021, consolidated accounts receivable from the major customers reflected 71% (two customers) and 13% (one customer), respectively. |
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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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