Note 5 - Concentrations

9 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

NOTE 5 – CONCENTRATIONS

During the three and nine months ended December 31, 2024,  two customers accounted for 54% and 48% of our net revenue, respectively.

During the three and nine months ended December 31, 2023,  two customers accounted for 53% and 44% of our net revenue, respectively.

As of December 31, 2024, three customers represented 88% of our gross accounts receivable. As of March 31, 2024, four customers accounted for 89% of our gross accounts receivable.

As of December 31, 2024, one vendor accounted for over 19% of our accounts payable balance.

The Company’s customer base is comprised of foreign and domestic entities with diverse demographics. Net revenues from foreign customers for the three and nine months ended December 31, 2024 were $68,802 or 9% and $282,984 or 12%, respectively.

Net revenues from foreign customers for the three and nine months ended December 31, 2023 were $40,029 or 6% and $238,170 or 11%, respectively.