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Concentrations
6 Months Ended
Dec. 31, 2021
Risks and Uncertainties [Abstract]  
CONCENTRATIONS

Note 18. CONCENTRATIONS

 

Major Customers

 

For the three months ended December 31, 2021, four customers accounted for approximately 32.3%, 29.6%, 21.5% and 16.6% of the Company’s revenues.  As of December 31, 2021, four customers accounted for 32.3%, 29.6%, 21.5% and 16.6% of the Company’s accounts receivable, net.

 

For the three months ended December 31, 2020, one customer accounted for approximately 99.9% of the Company’s revenues. As of December 31, 2020, two customers accounted for approximately 79.2% and 20.7% of the Company’s accounts receivable, net.

 

For the six months ended December 31, 2021, three customers accounted for approximately 36.4%, 34.5% and 11.9% of the Company’s revenues, respectively. As of December 31, 2021, three customers accounted for approximately 38.1%, 15.2% and 11.2% of the Company’s accounts receivable, net.

 

For six months ended December 31, 2020, one customer accounted for approximately 92.9% of the Company’s revenues. As of December 31, 2020, two customers accounted for approximately 79.2% and 20.7% of the Company’s accounts receivable, net.

 

Major Suppliers

 

For the three months ended December 31, 2021, three suppliers accounted for approximately 54.7%, 22.8% and 11.7% of the total costs of revenue.

For the three months ended December 31, 2020, two suppliers accounted for approximately 44.3% and 42.1% of the total costs of revenue, respectively.

 

For the six months ended December 31, 2021, three suppliers accounted for approximately 28.3%, 21.9% and 21.1% of the total cost of revenues.

 

For the six months ended December 31, 2020, two suppliers accounted for approximately 46.3% and 37.4% of the total cost of revenues.