v3.26.1
Note 5 - Concentrations
3 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

NOTE 5 – CONCENTRATIONS

 

During the three months ended June 30, 2026, two customers accounted for 44% of our net revenue.

 

During the three months ended June 30, 2025, one customer accounted for 41% of our net revenue.

 

As of June 30, 2026, two customers represented 49% of our gross accounts receivable. As of March 31, 2026, two customers accounted for 51% of our gross accounts receivable.

 

As of June 30, 2025, two customers represented 50% of our gross accounts receivable.  

 

As of June 30, 2026, two vendors accounted for over 28% of our accounts payable balance.

 

As of June 30, 2025, one vendor accounted for over 32% of our accounts payable balance.

 

The Company’s customer base is comprised of foreign and domestic entities with diverse demographics. Net revenues from foreign customers for the three months ended June 30, 2026 and 2025 were $107,131 or 12.4% and $136,415 or 14.0%, respectively.