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CUSTOMER AND VENDOR CONCENTRATIONS
9 Months Ended
Mar. 31, 2025
CUSTOMER AND VENDOR CONCENTRATIONS  
CUSTOMER AND VENDOR CONCENTRATIONS

NOTE 6 — CUSTOMER AND VENDOR CONCENTRATIONS

Customers: Two customers accounted for more than 12% and 8%, respectively, of the Company’s sales for the three months ended March 31, 2025. No customers accounted for more than 10% of the Company’s sales for the nine months ended March 31, 2025.

At March 31, 2025, the amount of outstanding receivables related to the one customer was approximately $284,000.

One customer accounted for 24% of the Company’s sales for the three months ended March 31, 2024. No customer accounted for more than 10% of the Company’s sales for the nine months ended March 31, 2024.

Vendors: Two vendors accounted for 24% and 20%, respectively, of the Company’s purchases for the three months ended March 31, 2025. Approximately 14% of the Company's purchases were provided by one vendor for the three months ended March 31, 2024. Two vendors accounted for 18% and 15%, respectively, of the Company’s purchases for the nine months ended March 31, 2025. Approximately 16% and 15% of the Company's purchases were provided by two vendors for the nine months ended March 31, 2024.