Business and Credit Concentrations	6 Months Ended
Dec. 31, 2022
Business and Credit Concentrations
Business and Credit Concentrations	NOTE 3 – Business and Credit Concentrations An entity is more vulnerable to concentrations of credit risk if it is exposed to risk of loss greater than it would have had if it mitigated its risk through diversification of customers. Such risks of loss manifest themselves differently, depending on the nature of the concentration, and vary in significance. The Company had one customer with an accounts receivable balance that comprised of 13% and 16% as of December 31, 2022 and June 30, 2022. Sales to this customer did not exceed 10% of net sales during the three or six months ended December 31, 2022 and 2021. The Company had another customer with an accounts receivable balance of 14% and 22% as of December 31, 2022 and June 30, 2022. Sales to this customer was 10% for the six months ended December 31, 2021. Sales for the three and six months ended December 31, 2022 and the three months ended December 31, 2021 did not exceed 10% of net sales. The Company had another customer with an accounts receivable balance that comprised of 11% as of December 31, 2022. As of June 30, 2022, the accounts receivable balance with this respective customer did not exceed 10%. Sales for the three and six months ended December 31, 2022 and 2021 did not exceed 10% either.

Business and Credit Concentrations

6 Months Ended

Dec. 31, 2022

NOTE 3 – Business and Credit Concentrations

An entity is more vulnerable to concentrations of credit risk if it is exposed to risk of loss greater than it would have had if it mitigated its risk through diversification of customers. Such risks of loss manifest themselves differently, depending on the nature of the concentration, and vary in significance. The Company had one customer with an accounts receivable balance that comprised of 13% and 16% as of December 31, 2022 and June 30, 2022. Sales to this customer did not exceed 10% of net sales during the three or six months ended December 31, 2022 and 2021. The Company had another customer with an accounts receivable balance of 14% and 22% as of December 31, 2022 and June 30, 2022. Sales to this customer was 10% for the six months ended December 31, 2021. Sales for the three and six months ended December 31, 2022 and the three months ended December 31, 2021 did not exceed 10% of net sales. The Company had another customer with an accounts receivable balance that comprised of 11% as of December 31, 2022. As of June 30, 2022, the accounts receivable balance with this respective customer did not exceed 10%. Sales for the three and six months ended December 31, 2022 and 2021 did not exceed 10% either.