v3.26.1
Note G - Economic Dependency
 9 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

G. Economic Dependency

 

We had substantial net sales to certain customers during the periods shown in the following table. The loss of any of these customers, or a significant decline in (i) sales to these customers, (ii) the growth rate of sales to these customers, or (iii) these customers’ ability to make payments when due, each individually could have a material adverse impact on our net sales and net operating results. Net sales to any one customer representing 10% or more of the respective period's consolidated net sales were as follows (in thousands):

 

  

Three Months Ended

  

Nine Months Ended

 
  

March 31,

  

March 31,

 
  

2026

  

2025

  

2026

  

2025

 
                 

Customer 1

 $6,806  $10,849  $29,571  $33,457 

Customer 2

  14,208   3,108   27,342   13,263 

Customer 3

  (a)   3,007   (a)   12,236 
  $21,014  $16,964  $56,913  $58,956 

 

(a) Sales were less than 10% of the respective period's consolidated net sales.

 

Accounts receivable from these customers totaled $14.8 million at March 31, 2026 and $9.9 million at June 30, 2025.

 

We buy certain products, including beta-alanine, from a limited number of raw material suppliers who meet our quality standards. The loss of any of these suppliers could have a material adverse impact on our net sales and results of operations. Raw material purchases from any one supplier representing 10% or more of the respective period’s total raw material purchases were as follows (dollars in thousands):

 

  

Three Months Ended

  

Nine Months Ended

 
  

March 31,

  

March 31,

 
  

2026

  

2025

  

2026

  

2025

 
                 

Supplier 1

  (a)  $3,074   (a)  $11,002 
  $-  $3,074  $-  $11,002 

   

(a) Purchases were less than 10% of the respective period’s total raw material purchases.