v3.26.1
MAJOR CUSTOMERS & SUPPLIERS
 12 Months Ended
Jun. 30, 2026
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMERS & SUPPLIERS

13.        MAJOR CUSTOMERS & SUPPLIERS

 

Customers that accounted for more than 10% of our total sales in either of fiscal year 2026 or 2025, is as follows (in thousands, except percentages):

                     
   Years Ended June 30, 
   2026   2025 
   Amount   Percent of Total   Amount   Percent of Total 
     
Net sales   $77,548    100%  $66,593    100%
                     
Customer concentration:                    
Customer 1   $60,742    78%  $49,930    75%
Customer 2   6,387    8%   8,271    12%
Total   $67,129    86%  $58,201    87%

 

Information with respect to accounts receivable from those customers who comprised more than 10% of our gross accounts receivable at either June 30, 2026 or June 30, 2025 is as follows (in thousands, except percentages):

                 
   June 30, 2026   June 30, 2025 
Total gross accounts receivable   $21,554    100%  $16,433    100%
                     
Customer concentration:                    
Customer 1  $17,403    81%  $11,895    72%
Customer 2   1,974    9%   2,768    17%
Total.   $19,377    90%  $14,663    89%

 

During fiscal 2026 we acquired APM as described in Note 3, which had been a significant supplier to us prior to the acquisition. While APM continues to supply components to us, fiscal 2026 inventory purchases have been adjusted to exclude inventory sourced from APM after the acquisition. In fiscal 2026 and 2025, we had two suppliers that accounted for more than 10% of total inventory purchases, as follows (in thousands, except percentages):

Schedule of inventory purchases                
   June 30, 2026   June 30, 2025 
Total inventory purchases   $28,327    100%  $32,556    100%
                     
Supplier concentration:                    
Supplier 1  $5,797    20%  $7,018    22%
Supplier 2   3,661    13%   4,554    14%
Total  $9,458    33%  $11,572    36%

 

Information with respect to accounts payable due to our top two suppliers at June 30, 2026 or June 30, 2025 is as follows (in thousands, except percentages):

Schedule of accounts payable                
   June 30, 2026   June 30, 2025 
Total accounts payable   $4,262    100%  $4,614    100%
                     
Supplier concentration:                    
Supplier 1  $1,920    45%  $735    16%
Supplier 2   141    3%   1,016    22%
Total  $2,061    48%  $1,751    38%