Concentration Risk |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2023 | |||
| Concentration Risk [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, 2023, 2022 and 2021, consolidated revenues from the major customers reflected 72% (two customers), 77% (two customers) and 45% (three customers) of the total consolidated revenues, respectively.
As of December 31, 2023 and 2022, consolidated accounts receivable from the major customers reflected 49% (one customer) and 71% (two customers), 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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