MAJOR CUSTOMERS & SUPPLIERS

3 Months Ended

Sep. 30, 2024

Risks and Uncertainties [Abstract]

MAJOR CUSTOMERS & SUPPLIERS

NOTE 9. MAJOR CUSTOMERS & SUPPLIERS

Information with respect to customers that accounted for sales in excess of 10% of our total sales in either of the three-month periods ended September 30, 2024 and 2023 is as follows (in thousands, except percentages):

	Three Months Ended September 30,
	2024					2023
	Amount		Percent of Total			Amount		Percent of Total
Total revenue	$	14,892		100	%	$	11,938		100	%
Customer concentration:
Customer 1	$	11,377		76	%	$	8,375		70	%
Customer 2		1,837		12	%		1,209		10	%
Customer 3		760		5	%		1,165		10	%
Total	$	13,974		93	%	$	10,749		90	%

Information with respect to accounts receivable from those customers that comprised more than 10% of our gross accounts receivable at either September 30, 2024 and June 30, 2024 is as follows (in thousands, except percentages):

	September 30, 2024				June 30, 2024
Total gross accounts receivable	$	13,459	100	%	$	13,887	100	%
Customer concentration:
Customer 1	$	10,090	75	%	$	10,488	76	%
Customer 2		2,581	19	%		2,423	17	%
Total	$	12,671	94	%	$	12,911	93	%

During the three months ended September 30, 2024 and 2023, we had two and three suppliers, respectively, that each accounted for more than 10% of total inventory purchases. Amounts owed to the fiscal 2024 significant suppliers at September 30, 2024 totaled $1.7 million, and $248,000, respectively, and at June 30, 2024 totaled $1.4 million and $416,000, respectively.