MAJOR CUSTOMERS AND SUPPLIERS

9 Months Ended

Mar. 31, 2025

Risks and Uncertainties [Abstract]

MAJOR CUSTOMERS AND SUPPLIERS

NOTE 10. MAJOR CUSTOMERS AND SUPPLIERS

Information with respect to customers that accounted for sales in excess of 10% of our total sales in either of the three-month and the nine-month periods ended March 31, 2025 and 2024, is as follows (in thousands, except percentages):

	Three Months Ended March 31,
	2025				2024
	Amount		Percent of Total		Amount		Percent of Total
Net sales	$	17,414		100%	$	14,293		100%
Customer concentration:
Customer 1	$	13,397		77%	$	10,679		75%
Customer 2		1,917		11%		1,385		10%
Total	$	15,314		88%	$	12,064		85%

	Nine Months Ended March 31,
	2025				2024
	Amount		Percent of Total		Amount		Percent of Total
Net sales	$	49,099		100%	$	38,819		100%
Customer concentration:
Customer 1	$	38,288		78%	$	27,491		71%
Customer 2		5,538		11%		4,087		11%
Total	$	43,826		89%	$	31,578		82%

Information with respect to accounts receivable from those customers who comprised more than 10% of our gross accounts receivable at either March 31, 2025 or June 30, 2024, is as follows (in thousands, except percentages):

	March 31, 2025			June 30, 2024
Total gross accounts receivable	$	15,861	100%	$	13,887	100%
Customer concentration:
Customer 1	$	11,872	75%	$	10,488	76%
Customer 2		2,312	15%		2,423	17%
Total	$	14,184	90%	$	12,911	93%

During the three and nine months ended March 31, 2025 and 2024, we had three suppliers accounting for 10% or more of total inventory purchases. Amounts owed to these three suppliers at March 31, 2025 or June 30, 2024, is as follows (in thousands, except percentages).

	March 31, 2025			June 30, 2024
Total accounts payable	$	5,962	100%	$	4,513	100%
Supplier concentration:
Supplier 1	$	1,995	34%	$	1,405	31%
Supplier 2		652	11%		416	9%
Supplier 3		430	7%		371	8%
Total	$	3,077	52%	$	2,192	48%