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Note 10 - Business Risk and Credit Risk Concentration Involving Cash
9 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

(10) Business Risk and Credit Risk Concentration Involving Cash

 

The Company had one customer that materially comprised all of the Company's revenue for the three months ended March 31, 2024. The Company had two customers that comprised of all of the Company’s revenue for the three months ended March 31, 2023. For the nine months ended March 31, 2024 and 2023, the Company had three customers that materially comprised all of the Company's revenue. Additionally, the material amount of the company's receivables was comprised of one company in both fiscal years.

 

The Company maintains funds in bank accounts that may exceed the limit insured by the Federal Deposit Insurance Corporation (the "FDIC"). The risk of loss attributable to these uninsured balances is mitigated by depositing funds in what the Company believes to be high credit quality financial institutions. The Company has not experienced any losses in such accounts.