Business and Credit Concentrations	3 Months Ended
Sep. 30, 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 15% and 16% as of September 30, 2022 and June 30, 2022, respectively of the Company’s overall accounts receivable as of those dates. Sales to this customer did not exceed 10% of the Company’s net sales during the three months ended September 30, 2022 and 2021, respectively. The Company had another customer with an accounts receivable balance of 24% and 22 % as of September 30, 2022 and June 30, 2022, respectively. Sales to this customer were 11% and 14% of the Company’s net sales for the three months ended September 30, 2022 and 2021, respectively.

Business and Credit Concentrations

3 Months Ended

Sep. 30, 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 15% and 16% as of September 30, 2022 and June 30, 2022, respectively of the Company’s overall accounts receivable as of those dates. Sales to this customer did not exceed 10% of the Company’s net sales during the three months ended September 30, 2022 and 2021, respectively. The Company had another customer with an accounts receivable balance of 24% and 22 % as of September 30, 2022 and June 30, 2022, respectively. Sales to this customer were 11% and 14% of the Company’s net sales for the three months ended September 30, 2022 and 2021, respectively.