Business and Credit Concentrations |
12 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Business and Credit Concentrations | |
| Business and Credit Concentrations | NOTE 3 – Business and Credit Concentrations Financial instruments that potentially subject the Company to a concentration of credit risk mainly consist of cash equivalents, short-term investments and accounts receivable. Our cash equivalents and short-term investments primarily consist of government securities and money market funds which are held and managed by high credit financial institutions. The Company had three customers that comprised 34% of the Company’s accounts receivable balance as of June 30, 2026 and two customers that comprised 24% and 30% of the Company’s accounts receivable balances as of June 30, 2025 and 2024, respectively. Sales to any customers did not exceed 10% of net revenue during fiscal years ended June 30, 2026, 2025 and 2024. |