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Concentrations
9 Months Ended
Mar. 31, 2020
Risks and Uncertainties [Abstract]  
CONCENTRATIONS

Note 15. CONCENTRATIONS

 

Major Customers

 

For the three months ended March 31, 2020, two customers accounted for approximately 62.2% and 36.9% of the Company's revenues, respectively. For the three months ended March 31, 2019, three customers accounted for 61.9%, 14.7% and 11.6% of the Company's revenues, respectively.

 

For the nine months ended March 31, 2020, three customers accounted for approximately 40.0%, 29.1% and 28.3% of the Company's revenues, respectively. For the nine months ended March 31, 2019, three customers accounted for approximately 35.4%, 16.4% and 13.3% of the Company's revenues, respectively.

 

As of March 31, 2020, one customer accounted for approximately 85.9% of the Company's accounts receivable.  As of March 31, 2019, three customers accounted for approximately 41.2% of the Company's accounts receivable.

 

Major Suppliers

 

For the three months ended March 31, 2020, two suppliers accounted for approximately 48.3% and 28.0% of the total cost of revenues, respectively. For the three months ended March 31, 2019, four suppliers accounted for approximately 40%, 15.3%, 14.8%, and 10.5% of the total costs of revenue, respectively.

 

For the nine months ended March 31, 2020, four suppliers accounted for approximately 27.2%, 24.7%, 18.2% and 10.0% of the total cost of revenues, respectively. For the nine months ended March 31, 2019, three suppliers accounted for approximately 24.3%, 12.5% and 10.4% of the total costs of revenue, respectively.