v3.26.1
Note 6 - Customer and Vendor Concentrations
9 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

NOTE 6 — CUSTOMER AND VENDOR CONCENTRATIONS

 

Customers: No customers accounted for more than 10% of the Company's sales for the three months ended March 31, 2026One customer accounted for 10% of the Company’s sales for the nine months ended March 31, 2026.

 

At March 31, 2026, two customers accounted for 28% of accounts receivable. The amount of outstanding receivables related to the two customers was approximately $615,000.

 

For the three months ended March 31, 2025, one customer accounted for 12% of the Company’s sales.  For the nine months ended March 31, 2025, no customers accounted for more than 10% of the Company’s sales.

 

Vendors: For the three months ended March 31, 2026 one vendor accounted for 16% of the Company’s purchases.  For the nine months ended March 31, 2026 three vendors accounted for 15%, 12% and 11%, respectively, of the Company’s purchases. For the three months ended March 31, 2025, two vendors accounted for 24% and 20% of the Company's purchases. For the nine months ended  March 31, 2025, two vendors accounted for 18% and 15% of the Company’s purchases.