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MAJOR CUSTOMERS AND SUPPLIERS
6 Months Ended
Dec. 31, 2021
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMERS AND SUPPLIERS

NOTE 9. MAJOR CUSTOMERS AND SUPPLIERS

 

Information with respect to customers that accounted for sales in excess of 10% of our total sales in either of the three-month and the six-month periods ended December 31, 2021 and 2020, is as follows (in thousands, except percentages):

 

                    
   Three Months Ended December 31, 
   2021   2020 
   Amount   Percent of Total   Amount    Percent of Total 
     
Net sales  $10,173    100%  $8,265    100%
                     
Customer concentration:                    
Customer 1  $6,723    66%  $5,809    70%
Customer 2   1,249    12%   1,221    15%
Customer 3   1,090    11%   658    8%
Total  $9,062    89%  $7,688    93%
                     

 

   Six Months Ended December 31, 
   2021   2020 
   Amount   Percent of Total   Amount   Percent of Total 
     
Net sales  $20,161    100%  $16,855    100%
                     
Customer concentration:                    
Customer 1   13,714    68%   10,978    65%
Customer 2   2,189    11%   3,391    20%
Customer 3   1,970    10%   1,127    7%
Total  $17,873    89%  $15,496    92%
                     

 

Information with respect to accounts receivable from those customers who comprised more than 10% of our gross accounts receivable at either December 31, 2021 or June 30, 2021, is as follows (in thousands, except percentages):

 

                    
   December 31, 2021   June 30, 2021 
Total gross accounts receivable  $8,854    100%  $10,935    100%
                     
Customer concentration:                    
Customer 1  $5,993    68%  $6,666    61%
Customer 2   864    10%   3,710    34%
Total  $6,857    78%  $10,376    95%

 

During the three and six months ended December 31, 2021, we had two suppliers accounting for 10% or more of total inventory purchases. During the three months ended December 31, 2020, we had three suppliers accounting for 10% or more of total inventory purchases, and during the six months ended December 31, 2020, we had two suppliers that accounted for more than 10% of our total inventory purchases. Amounts owed to the fiscal 2022 two most significant suppliers at December 31, 2021, totaled $365,000 and $71,000, respectively, and at June 30, 2021, totaled $206,000 and $184,000, respectively.