|12 Months Ended|
Dec. 31, 2019
|Revenue from Contract with Customer [Abstract]|
NOTE 16 – REVENUES
For the years ended December 31, 2019 and 2018, the Company’s revenues were comprised of the following major categories:
For the year ended December 31, 2019, revenue from three clients represented 92% 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 total revenue from these transactions with GenCanna are reflected under Product Sales To Related Party in the table above.
Excluding the revenues from GenCanna, two clients represented 78% and 73% of revenues for the years ended December 31, 2019 and 2018, respectively.
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