Quarterly report pursuant to Section 13 or 15(d)

Organziation And Summary Of Significiant Accounting Policies (Tables)

v3.20.2
Organziation And Summary Of Significiant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2020
Organziation And Summary Of Significiant Accounting Policies  
Summary of Accounts Receivables

The following is a summary of receivables at September 30, 2020 and December 31, 2019:

 

    September 30, 2020   December 31, 2019
         
Game revenue due from in app purchases,   $ 26,000     $ 39,000  
     Less allowance for doubtful accounts     (12,000 )     (12,000 )
Game revenue due from in app advertising     —         —    
Related party professional service revenues     —         50,000  
Other Receivables     —         —    
     Accounts Receivable, net   $ 14,000     $ 77,000  
Summary of Concentration of Credit Risk

The Company had two related party customers who comprised 0% and 98% of net revenue during the nine months ended September 30, 2020, and 58% and 0% of net revenue during the nine months ended September 30, 2019. The loss of these customers would adversely impact the business of the Company.

 

      Net Revenue %       Gross Accounts Receivable  
      Nine Months Ended September 30,       Nine Months Ended September 30,      

As of

September 30,

      

As of

December 31,

  
      2020       2019       2020       2019  
Customer A     0 %     58 %   $ —       $ —    
Customer B     98 %     0 %     —         50,000  
Total     98 %     58 %   $ —       $ 50,000