XML 30 R17.htm IDEA: XBRL DOCUMENT v3.19.2
MAJOR CUSTOMERS & SUPPLIERS
12 Months Ended
Jun. 30, 2019
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMERS & SUPPLIERS

10.

MAJOR CUSTOMERS & SUPPLIERS


Customers that accounted for sales in excess of 10% of our total sales in either of fiscal year 2019 or 2018, is as follows (in thousands, except percentages):


 

 

Years Ended June 30,

 

 

 

2019

 

 

2018

 

 

 

Amount

 

 

Percent of Total

 

 

Amount

 

 

Percent of Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

27,172

 

 

 

100

%

 

$

22,465

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

17,091

 

 

 

63

%

 

$

12,530

 

 

 

56

%

Customer 2

 

 

3,489

 

 

 

13

%

 

 

2,625

 

 

 

11

%

Customer 3

 

 

2,352

 

 

 

8

%

 

 

2,232

 

 

 

10

%

Total

 

$

22,932

 

 

 

84

%

 

$

17,387

 

 

 

77

%


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


 

 

June 30, 2019

 

 

June 30, 2018

 

Total gross accounts receivable

 

$

4,100

 

 

 

100

%

 

$

2,969

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

2,587

 

 

 

63

%

 

$

1,673

 

 

 

56

%

Customer 2

 

 

780

 

 

 

19

%

 

 

679

 

 

 

23

%

Total.

 

$

3,367

 

 

 

82

%

 

$

2,352

 

 

 

79

%


During fiscal 2019 and 2018, we had two suppliers that accounted for more than 10% of total inventory purchases, as follows (in thousands, except percentages):


 

 

June 30, 2019

 

 

June 30, 2018

 

Total Inventory Purchases

 

$

12,234

 

 

 

100

%

 

$

9,262

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Supplier concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Portescap

 

$

2,184

 

 

 

18

%

 

$

1,578

 

 

 

17

%

Fischer Connectors Inc.

 

 

1,800

 

 

 

15

%

 

 

1,069

 

 

 

12

%

Total

 

$

3,984

 

 

 

33

%

 

$

2,647

 

 

 

29

%


Information with respect to accounts payable due to the suppliers who comprised more than 10% of our accounts payable at either June 30, 2019 or June 30, 2018 is as follows (in thousands, except percentages):


 

 

June 30, 2019

 

 

June 30, 2018

 

Total accounts payable

 

$

1,996

 

 

 

100

%

 

$

1,083

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Supplier concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Portescap

 

$

373

 

 

 

19

%

 

$

183

 

 

 

17

%

Fischer Connectors Inc.

 

 

304

 

 

 

15

%

 

 

30

 

 

 

3

%

Total

 

$

677

 

 

 

34

%

 

$

213

 

 

 

20

%