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MAJOR CUSTOMERS AND SUPPLIERS
9 Months Ended
Mar. 31, 2019
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMERS AND SUPPLIERS

NOTE 8. 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, 2019 and 2018, is as follows (in thousands, except percentages):


 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

 

 

Amount

 

 

Percent of Total

 

 

Amount

 

 

Percent of Total

 

Net sales 

 

$

6,854

 

 

 

100

%

 

$

5,494

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

4,116

 

 

 

60

%

 

$

2,960

 

 

 

54

%

Customer 2

 

 

1,077

 

 

 

16

%

 

 

534

 

 

 

10

%

Customer 3

 

 

905

 

 

 

13

%

 

 

324

 

 

 

6

%

Customer 4

 

 

192

 

 

 

3

%

 

 

535

 

 

 

10

%

Total

 

$

6,290

 

 

 

92

%

 

$

4,353

 

 

 

80

%


 

 

Nine Months Ended March 31,

 

 

 

2019

 

 

2018

 

 

 

Amount

 

 

Percent of Total

 

 

Amount

 

 

Percent of Total

 

Net sales 

 

$

20,168

 

 

 

100

%

 

$

16,217

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

12,566

 

 

 

62

%

 

$

9,048

 

 

 

56

%

Customer 2

 

 

2,601

 

 

 

13

%

 

 

1,629

 

 

 

10

%

Customer 3

 

 

1,751

 

 

 

9

%

 

 

1,566

 

 

 

10

%

Total

 

$

16,918

 

 

 

84

%

 

$

12,243

 

 

 

76

%

 

Information with respect to accounts receivable from those customers whom comprised more than 10% of our gross accounts receivable at either March 31, 2019 or June 30, 2018, is as follows (in thousands, except percentages):


 

 

March 31, 2019

 

 

June 30, 2018

 

Total gross accounts receivable

 

$

3,742

 

 

 

100

%

 

$

2,969

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

1,887

 

 

 

50

%

 

$

1,673

 

 

 

56

%

Customer 2

 

 

872

 

 

 

23

%

 

 

679

 

 

 

23

%

Customer 3

 

 

459

 

 

 

12

%

 

 

279

 

 

 

9

%

Total.

 

$

3,218

 

 

 

85

%

 

$

2,631

 

 

 

88

%

 

We had one supplier that accounted for more than 10% of our purchases in either of the three-month and nine-month periods ended March 31, 2019 and 2018. Our purchases from this supplier ranged from 9% to 16% for the three and nine months ended March 31, 2019 and 2018.


Accounts payable due to that supplier represented 18% and 17% of total accounts payable as of March 31, 2019 and June 30, 2018, respectively.