Note 7 - Concentrations

12 Months Ended

Jun. 30, 2015

Concentration Risk Disclosure [Text Block]

Concentrations

At June 30, 2015, the Company had four distributors that individually accounted for 28%, 14%, 12% and 10% of accounts receivable. At June 30, 2014, the Company had four distributors that individually accounted for 16%, 16%, 14% and 10% of accounts receivable.

Revenues from a customer totaled $2,549 or 16% and $1,849 or 12% for the years ended June 30, 2015 and 2014, respectively. Revenues from one distributor totaled $2,358 or 15% and $2,102 or 13% of net revenues for the years ended June 30, 2015 and 2014, respectively. Revenues from another distributor totaled $2,303 or 14% and $2,288 or 14% of net revenues for the years ended June 30, 2015 and 2014, respectively.

The following represents the Company’s revenues by product platform for the years ended June 30:

	2015		2014
AXP	$	6,612	$	6,143
BioArchive		4,241		4,776
Manual Disposables		1,810		1,706
Bone Marrow		2,621		2,542
Other		758		820
	$	16,042	$	15,987

The Company had sales to customers as follows for the years ended June 30:

	2015		2014
United States	$	8,428	$	6,909
China		2,500		3,169
Asia - other		1,955		1,864
Europe		2,147		3,072
South America		730		771
Other		282		202
	$	16,042	$	15,987

The Company attributes revenue to different geographic areas based on where items are shipped or services are performed.

Three suppliers accounted for approximately 75% of total inventory purchases during the year ended June 30, 2015 and two suppliers accounted for approximately 72% of total inventory purchases during the year ended June 30, 2014.

The Company has a contract manufacturer in Costa Rica that produces certain disposables. The Company provides AXP equipment to its distributor in China for use by end-user customers. The Company’s equipment, net of accumulated depreciation, is summarized below by geographic area:

	June 30, 2015		June 30, 2014
United States	$	1,409	$	687
China		524		620
Costa Rica		594		567
India		296		251
All other countries		114		173
Total equipment, net	$	2,937	$	2,298