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MAJOR CUSTOMERS AND SUPPLIERS
9 Months Ended
Mar. 31, 2018
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMERS & 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, 2018 and 2017, is as follows (in thousands, except percentages):


 

 

Three Months Ended March 31,

 

 

 

2018

 

 

2017

 

 

 

Amount

 

 

Percent of Total

 

 

Amount

 

 

Percent of Total

 

Net sales 

 

$

5,494

 

 

 

100

%

 

$

6,618

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

2,960

 

 

 

54

%

 

$

3,136

 

 

 

47

%

Customer 2

 

 

12

 

 

 

 

 

 

1,352

 

 

 

20

%

Customer 3

 

 

535

 

 

 

10

%

 

 

352

 

 

 

5

%

Customer 4

 

 

534

 

 

 

10

%

 

 

253

 

 

 

4

%

Total

 

$

4,041

 

 

 

74

%

 

$

5,093

 

 

 

77

%


 

 

Nine Months Ended March 31,

 

 

 

2018

 

 

2017

 

 

 

Amount

 

 

Percent of Total

 

 

Amount

 

 

Percent of Total

 

Total sales 

 

$

16,217

 

 

 

100

%

 

$

16,346

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

9,048

 

 

 

56

%

 

$

7,784

 

 

 

48

%

Customer 4

 

 

1,629

 

 

 

10

%

 

 

1,011

 

 

 

6

%

Customer 5

 

 

1,566

 

 

 

10

%

 

 

1,291

 

 

 

8

%

Total

 

$

12,243

 

 

 

76

%

 

$

10,086

 

 

 

62

%


Information with respect to accounts receivable from those customers whom comprised more than 10 % of our gross accounts receivable at either March 31, 2018 or June 30, 2017, is as follows (in thousands, except percentages):


 

 

March 31, 2018

 

 

June 30, 2017

 

Total gross accounts receivable 

 

$

3,438

 

 

 

100

%

 

$

3,541

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

1,821

 

 

 

53

%

 

$

2,187

 

 

 

62

%

Customer 4

 

 

356

 

 

 

10

%

 

 

554

 

 

 

15

%

Total

 

$

2,177

 

 

 

63

%

 

$

2,741

 

 

 

77

%


For the three and nine months ended March 31, 2018 and 2017, we had one supplier that accounted for more than 10% of our purchases.


Accounts payable due to that supplier represented 3% and 12% of total accounts payable as of March 31, 2018 and June 30, 2017, respectively.