NOTE 5 — Accounts Receivable

The following table presents the components of the Company’s receivables as of September 30, 2021, and December 31, 2020:

The Company has non-trade receivables from a manufacturing vendor resulting from the sale of components to this vendor who manufactures and assembles final products for the Company.

The Company analyzes the need for reserves for potential credit losses and records allowances for doubtful accounts when necessary. The Company had allowances for such losses totaling approximately $750 and $65 as of September 30, 2021, and December 31, 2020, respectively. The entire amount of the allowance was for a distributor who is not a 10% customer.

Trade receivables from two customers approximated 22% and 15% of total accounts receivable at September 30, 2021, and receivables from two customers approximated 26% and 10% of total trade receivables at, December 31, 2020.