v3.25.2
MAJOR CUSTOMERS & SUPPLIERS
 12 Months Ended
Jun. 30, 2025
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMERS & SUPPLIERS

12.        MAJOR CUSTOMERS & SUPPLIERS

 

Customers that accounted for more than 10% of our total sales in either of fiscal year 2025 or 2024, is as follows (in thousands, except percentages):

 

                     
   Years Ended June 30, 
   2025   2024 
   Amount   Percent of Total   Amount   Percent of Total 
     
Net sales   $66,593    100%  $53,844    100%
                     
Customer concentration:                    
Customer 1  $49,930    75%  $38,159    71%
Customer 2   8,271    12%   6,502    12%
Total  $58,201    87%  $44,661    83%

 

Information with respect to accounts receivable from those customers who comprised more than 10% of our gross accounts receivable at either June 30, 2025 or June 30, 2024 is as follows (in thousands, except percentages):

 

                 
   June 30, 2025   June 30, 2024 
Total gross accounts receivable   $16,433    100%  $13,887    100%
                     
Customer concentration:                    
Customer 1  $11,895    72%  $10,488    76%
Customer 2   2,768    17%   2,423    17%
Total  $14,663    89%  $12,911    93%

 

During fiscal 2025 and 2024, we had three suppliers that accounted for more than 10% of total inventory purchases, as follows (in thousands, except percentages):

 

                 
   June 30, 2025   June 30, 2024 
Total inventory purchases   $32,556    100%  $20,926    100%
                     
Supplier concentration:                    
Supplier 1  $7,018    22%  $5,004    24%
Supplier 2   4,554    14%   2,401    11%
Supplier 3   4,192    13%   3,351    16%
Total  $15,764    49%  $10,756    51%

 

 

Information with respect to accounts payable due to our top three suppliers at June 30, 2025 or June 30, 2024 is as follows (in thousands, except percentages):

 

                 
   June 30, 2025   June 30, 2024 
Total accounts payable   $4,614    100%  $4,513    100%
                     
Supplier concentration:                    
Supplier 1  $735    16%  $1,405    31%
Supplier 2    1,016    22%   371    8%
Supplier 3    298    6%   416    9%
Total  $2,049    44%  $2,192    48%