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MAJOR CUSTOMERS & SUPPLIERS
 6 Months Ended
Dec. 31, 2020
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 six-month periods ended December 31, 2020 and 2019 is as follows (in thousands, except percentages):

  

 

 

Three Months Ended December 31,

 

 

 

2020

 

 

2019

 

 

 

Amount

 

 

Percent of
Total

 

 

Amount

 

 

Percent of
Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

8,265

 

 

 

100

%

 

$

7,961

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

5,809

 

 

 

70

%

 

$

5,655

 

 

 

71

%

Customer 2

 

 

1,221

 

 

 

15

%

 

 

697

 

 

 

9

%

Customer 3

 

 

658

 

 

 

8

%

 

 

797

 

 

 

10

%

Total

 

$

7,688

 

 

 

93

%

 

$

7,149

 

 

 

90

%

 


 

 

Six Months Ended December 31,

 

 

 

2020

 

 

2019

 

 

 

Amount

 

 

Percent of
Total

 

 

Amount

 

 

Percent of
Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

16,855

 

 

 

100

%

 

$

15,201

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

 

10,978

 

 

 

65

%

 

 

11,067

 

 

 

73

%

Customer 2

 

 

3,391

 

 

 

20

%

 

 

1,121

 

 

 

7

%

Customer 3

 

 

1,127

 

 

 

7

%

 

 

1,340

 

 

 

9

%

Total

 

$

15,496

 

 

 

92

%

 

$

13,528

 

 

 

89

%

 

Information with respect to accounts receivable from those customers who comprised more than 10 % of our gross accounts receivable at either December 31, 2020 or June 30, 2020, is as follows (in thousands, except percentages):


 

 

December 31, 2020

 

 

June 30, 2020

 

Total gross accounts receivable

 

$

4,625

 

 

 

100

%

 

$

5,161

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

2,616

 

 

 

57

%

 

$

2,205

 

 

 

42

%

Customer 2

 

 

1,385

 

 

 

30

%

 

 

1,593

 

 

 

31

%

Customer 3

 

 

309

 

 

 

6

%

 

 

972

 

 

 

19

%

Total

 

$

4,310

 

 

 

93

%

 

$

4,770

 

 

 

92

%

  

During the three months ended December 31, 2020, we had three suppliers accounting for 10% or more of total inventory purchases, and during the six months ended December 31, 2020, we had two suppliers that accounted for more than 10% of our total inventory purchases. During the three and six months ended December 31, 2019, we had two suppliers that accounted for more than 10% of our total inventory purchases. Amounts owed to the fiscal 2021 two most significant suppliers at December 31, 2020 totaled $656,000 and $345,000, respectively, and at June 30, 2020 totaled $161,000 and $245,000, respectively.