BIOLASE, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Concentrations

Concentrations

6 Months Ended

Jun. 30, 2015

Risks And Uncertainties [Abstract]

Concentrations

NOTE 11—CONCENTRATIONS

Revenue from the Company’s products for the three and six months ended June 30, 2015 and 2014 are as follows:

	Three Months Ended						Six Months Ended
	June 30						June 30
	2015			2014			2015			2014
Laser systems		65.6	%		62.9	%		65.1	%		61.6	%
Imaging systems		4.5	%		6.8	%		3.8	%		8.7	%
Consumables and other		15.9	%		14.3	%		16.7	%		14.1	%
Services		13.7	%		15.5	%		13.8	%		15.2	%
License fees and royalties		0.3	%		0.5	%		0.6	%		0.4	%
Total revenue		100.0	%		100.0	%		100.0	%		100.0	%

No individual customer represented more than 10% of the Company’s revenue for the three and six months ended June 30, 2015 or 2014.

The Company maintains its cash and cash equivalent accounts with established commercial banks. Such cash deposits periodically exceed the Federal Deposit Insurance Corporation insured limit.

No individual customer represented more than 10% of the Company’s accounts receivable at June 30, 2015 or December 31, 2014.

The Company currently purchases certain key components of its products from single suppliers. Although there are a limited number of manufacturers of these key components, management believes that other suppliers could provide similar key components on comparable terms. A change in suppliers, however, could cause delays in manufacturing and a possible loss of sales, which could adversely affect the Company’s business, results of operations, and financial condition.