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MAJOR CUSTOMERS & SUPPLIERS
3 Months Ended
Sep. 30, 2020
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMERS AND SUPPLIERS

NOTE 8. 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, 2020 and 2019, is as follows (in thousands, except percentages):

 

 

 

Three Months Ended September 30,

 

 

 

2020

 

 

2019

 

 

 

Amount

 

 

Percent of Total

 

 

Amount

 

 

Percent of Total

 

 

 

 

 

Total revenue

 

$

8,590

 

 

 

100

%

 

$

7,240

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

5,169

 

 

 

60

%

 

$

5,412

 

 

 

75

%

Customer 2

 

 

2,171

 

 

 

25

%

 

 

425

 

 

 

6

%

Total

 

$

7,340

 

 

 

85

%

 

$

5,837

 

 

 

81

%

 

Information with respect to accounts receivable from those customers that comprised more than 10% of our gross accounts receivable at either September 30, 2020 and June 30, 2020, is as follows (in thousands, except percentages):

 

 

 

September 30, 2020

 

 

June 30, 2020

 

Total gross accounts receivable

 

$

6,147

 

 

 

100

%

 

$

5,161

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

2,923

 

 

 

48

%

 

$

2,205

 

 

 

42

%

Customer 2

 

 

2,716

 

 

 

44

%

 

 

1,593

 

 

 

31

%

Customer 3

 

 

278

 

 

 

4

%

 

 

972

 

 

 

19

%

Total

 

$

5,917

 

 

 

96

%

 

$

4,770

 

 

 

92

%

 

During the three months ended September 30, 2020 and 2019, we had two suppliers that each accounted for more than 10% of total inventory purchases. Amounts owed to the fiscal 2021 significant suppliers at September 30, 2020 totaled $200,000 and $113,000, respectively, and at June 30, 2020 totaled $161,000 and $245,000, respectively.