|9 Months Ended|
Sep. 30, 2019
|Revenue from Contract with Customer [Abstract]|
NOTE 16 – REVENUES
For the nine months ended September 30, 2019 and 2018, the Company’s revenues were comprised of the following major categories:
For the nine months ended September 30, 2019, revenue from three clients represented 95% of total revenues. One of these clients was GenCanna, a related party, with whom the Company conducted the seed sale transactions previously disclosed in Note 1 – Organization and Description of Business. The amount under Product Sales To Related Party shown in the table above represents the total revenues from these transactions with GenCanna through September 30, 2019. Excluding the revenues from GenCanna, two clients represented 82% of revenues during this period.
For the nine months ended September 30, 2018, these same two clients comprised 72% of total revenues.
The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef