The
following table describes the revenues from major customers:
SCHEDULE
OF REVENUES AND RECEIVABLES FROM MAJOR CUSTOMERS
| |
For the Years | |
| |
Ended
June 30, | |
| |
2025 | | |
% | | |
2024 | | |
% | |
Net Revenues: | |
| | |
| | |
| | |
| |
Daimler Financial
Services | |
$ | 12,593,836 | | |
| 19.1 | % | |
$ | 15,670,054 | | |
| 25.5 | % |
BMW Financial | |
$ | 10,671,666 | | |
| 16.1 | % | |
$ | 4,334,024 | | |
| 7.1 | % |
The
following table describes the receivables from major customers:
| |
As of | | |
As of | |
| |
June
30, 2025 | | |
June
30, 2024 | |
Accounts Receivable | |
| | | |
| | |
Daimler Financial
Services | |
$ | 1,268,847 | | |
$ | 538,648 | |
BMW Financial | |
$ | 850,319 | | |
$ | 505,875 | |
| |
| | | |
| | |
Revenue in Excess of Billing | |
| | | |
| | |
Daimler Financial Services | |
$ | 489,208 | | |
$ | 892,109 | |
BMW Financial | |
$ | 2,303,982 | | |
$ | 1,419,997 | |
|