Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable

v3.7.0.1
Accounts Receivable
 6 Months Ended
Jun. 30, 2017
Receivables [Abstract]  
Accounts Receivable
Accounts Receivable
 
Accounts receivable, net consisted of the following:
 
 
June 30, 2017
 
December 31,
2016
 
 
(unaudited)
 
 
Trade receivables
 
$
392,686

 
$
430,278

Other receivables
 
102,147

 
33,755

 
 
494,833

 
464,033

Allowance for doubtful accounts
 
(289,187
)
 
(85,375
)
 
 
$
205,646

 
$
378,658


 
At June 30, 2017, the allowance for doubtful accounts represents trade receivables from three customers which were fully reserved as it was determined that the probability of collection is remote. During the six months ended June 30, 2017, the Company collected $15,475 and wrote-off $69,900 of its allowance for doubtful accounts. These changes in the allowance for doubtful accounts are reflected within the sales and marketing line item of the statement of operations.