v3.26.3
Note K - Economic Dependency
 12 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

K. Economic Dependency

 

We had substantial net sales to certain customers in our private-label contract manufacturing segment during the fiscal years ended June 30 shown in the following table. The loss of any of these customers, or a significant decline in sales or the growth rate of sales to these customers, or in their ability to make payments when due, 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 year’s consolidated net sales were as follows (dollars in thousands):

 

  

Fiscal 2026

  

Fiscal 2025

 

Customer 1

 $39,797  $17,165 

Customer 2

  33,724   42,289 

Customer 3

  (a)   17,707 
  $73,521  $77,161 

 

(a)

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

 

Accounts receivable from these customers totaled $12.3 million at June 30, 2026 and $9.9 million at June 30, 2025.

 

We buy certain products, including beta-alanine, from a single supplier. The loss of this supplier or other raw material suppliers could have a material adverse impact on our net 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):

 

  

Year ended June 30,

 
  

2026

  

2025

 
      

% of Total

      

% of Total

 
  

Raw Material

  

Raw

  

Raw Material

  

Raw

 
  

Purchases by

  

Material

  

Purchases by

  

Material

 
  

Supplier

  

Purchases

  

Supplier

  

Purchases

 

Supplier 1

 $8,104   12% $12,004   18%
  $8,104   12% $12,004   18%