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Note 10 - Business Risk and Credit Risk Concentration Involving Cash
6 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

(10) Business Risk and Credit Risk Concentration Involving Cash

 

For the three and six months ended December 31, 2022 and December 31,2021, the Company had three customers that comprised materially all of the Company's revenue. Additionally, the material amount of trade receivables was comprised of one customer.

 

The Company maintains funds in bank accounts that may exceed the limit insured by the Federal Deposit Insurance Corporation of $250 thousand per depositor. The risk of loss attributable to these uninsured balances is mitigated by depositing funds in what we believe to be high credit quality financial institutions. The Company has not experienced any losses in such accounts.