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Significant Customers
12 Months Ended
Jun. 30, 2023
Significant Customers  
Significant Customers

Note 15. Significant Customers

 

The Company had significant customers during the year ended June 30, 2023. A significant customer is defined as one that makes up ten percent or more of total revenues in a particular year or ten percent of outstanding accounts receivable balance as of the year end.  The Company had no significant customers during the year ended June 30, 2022.

 

Net revenues for the year ended June 30, 2023, include revenues from significant customers in the product segment as follows:

 

 

 

June 30,

2023

 

Customer A

 

 

7.7%

Customer B

 

 

4.6%

Customer C

 

 

18.2%

 

Accounts receivable balances as of June 30, 2023, from significant customers are as follows:

 

 

 

June 30,

 

 

 

2023

 

Customer A

 

 

30%

Customer B

 

 

13%