CUSTOMER CONCENTRATIONS |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jul. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| CUSTOMER CONCENTRATIONS | NOTE 15 – CUSTOMER CONCENTRATIONS Most of the Company’s consolidated revenues relate to performance by the Power segment. The following schedule presents the percentage of consolidated revenues for each reportable segment for the respective periods:
The Company’s most significant customer relationships for the three months ended July 31, 2026 included four Power customers, which accounted for 15%, 15%, 13%, and 13% of consolidated revenues. The Company’s most significant customer relationships for the three months ended July 31, 2025 included three Power customers, which accounted for 30%, 17%, and 13% of consolidated revenues. The Company’s most significant customer relationships for the six months ended July 31, 2026 included four Power customers, which accounted for 15%, 14%, 11%, and 11% of consolidated revenues. The Company’s most significant customer relationships for the six months ended July 31, 2025 included two Power customers, which accounted for 27% and 23% of consolidated revenues. The accounts receivable balances from four major customers represented 23%, 16%, 14%, and 12% of the corresponding consolidated balance as of July 31, 2026. The accounts receivable balances from three major customers represented 29%, 19%, and 11% of the corresponding consolidated balance as of January 31, 2026. The contract asset balances attributable to three major customers represented 22%, 16%, and 11% of the corresponding consolidated balance as of July 31, 2026, and the contract asset balances attributable to three major customers represented 23%, 22%, and 19% of the corresponding consolidated balance as of January 31, 2026. |
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