CUSTOMER CONCENTRATIONS AND FOREIGN SALES

3 Months Ended

May 31, 2023

Risks and Uncertainties [Abstract]

CUSTOMER CONCENTRATIONS AND FOREIGN SALES

NOTE 8: CUSTOMER CONCENTRATIONS AND FOREIGN SALES

Export sales to customers located outside the United States and Canada were approximately as follows:

	May 31, 2023		May 31, 2022
Asia Pacific (APAC)		572,000		706,000
Europe, Middle East, Asia (EMEA)		426,000		990,000
Latin America		237,000		418,000
	$	1,235,000	$	2,114,000

During the three months ended May 31, 2023 and 2022, sales to foreign customers accounted for approximately $1,235,000 and $2,114,000, or 34% and 52% respectively, of total revenues.

The Company had one customer which accounted for 14% of sales during the first quarter of fiscal 2024. One customer accounted for 22% of the outstanding accounts receivables at May 31, 2023.

Three customers accounted for 40% of the outstanding accounts receivables at May 31, 2022.