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8. CONCENTRATIONS
9 Months Ended
Jun. 30, 2020
Risks and Uncertainties [Abstract]  
CONCENTRATIONS
NOTE 8 CONCENTRATIONS

 

Concentration of Revenues and Accounts Receivable

 

For the three and nine months ended June 30, 2020 and 2019, the Company had significant customers whose individual percentage of the Company’s total revenues was 10% or greater. The risk of collecting accounts receivable from all customers is enhanced as a result of the economic impact of the COVID-19 pandemic. The concentrations of revenues and accounts receivable for each reporting segment are as follows:

 

Distribution Segment Revenues Concentration

 

    For the Three Months Ended   For the Nine Months Ended
    June 30,   June 30,
    2020   2019   2020   2019
Customer 1   24.9%   26.8%   31.2%   28.9%
Customer 2   21.9%   27.0%   22.9%   28.1%
Customer 3   15.8%   27.3%   16.5%   19.6%
                 
Totals   62.6%   81.1%   70.6%   76.6%

 

  

Design Segment Revenues Concentration

 

    For the Three Months Ended   For the Nine Months Ended
    June 30,   June 30,
    2020   2019   2020   2019
Customer 1   11.1%   23.0%   16.2%   20.5%
Customer 2   1.1%   22.2%   0.5%   13.9%
Customer 3   14.3%   8.6%   13.3%   10.0%
Customer 4   29.0%   0.0%   19.7%   0.0%
Totals   55.5%   53.8%   49.7%   44.4%

 

At June 30, 2020 and September 30, 2019, concentrations of accounts receivable with significant customers representing 10% or greater of segment accounts receivable were as follows:

 

Distribution Segment Accounts Receivable Concentration

 

   

June 30,

2020

 

September 30,

2019

Customer 2   20.1%   21.2%
Customer 1   23.7%   29.0%
Customer 3   24.5%   23.6%
Customer 4   14.5%   15.7%
Totals   82.8%   89.5%

 

Design Segment Accounts Receivable Concentration

 

   

June 30,

2020

 

September 30,

2019

Customer 4   39.9%   5.9%
Customer 5   13.2%   8.8%
Customer 6   10.5%   5.9%
Customer 1   6.3%   33.7%
Totals   69.9%   54.3%