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MAJOR CUSTOMERS AND SUPPLIERS
6 Months Ended
Dec. 31, 2017
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMERS & 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, 2017 and 2016 is as follows (in thousands, except percentages):

 

 

 

Three Months Ended December 31,

 

 

 

2017

 

 

2016

 

 

 

Amount

 

 

Percent of Total

 

 

Amount

 

 

Percent of Total

 

Net sales 

 

$

5,560

 

 

 

100

%

 

$

4,599

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

3,062

 

 

 

55

%

 

$

2,487

 

 

 

54

%

Customer 2

 

 

737

 

 

 

13

%

 

 

496

 

 

 

11

%

Customer 3

 

 

624

 

 

 

11

%

 

 

461

 

 

 

10

%

Total

 

$

4,423

 

 

 

79

%

 

$

3,444

 

 

 

75

%


 

 

Six Months Ended December 31,

 

 

 

2017

 

 

2016

 

 

 

Amount

 

 

Percent of Total

 

 

Amount

 

 

Percent of Total

 

Net sales 

 

$

10,723

 

 

 

100

%

 

$

9,728

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

6,088

 

 

 

57

%

 

$

4,648

 

 

 

48

%

Customer 3

 

 

1,242

 

 

 

12

%

 

 

878

 

 

 

9

%

Customer 2

 

 

1,095

 

 

 

10

%

 

 

758

 

 

 

8

%

Total

 

$

8,425

 

 

 

79

%

 

$

6,284

 

 

 

65

%


Information with respect to accounts receivable from those customers whom comprised more than 10 % of our gross accounts receivable at either December 31, 2017 or June 30, 2017, is as follows (in thousands, except percentages):


 

 

December 31, 2017

 

 

June 30, 2017

 

Total gross accounts receivable 

 

$

3,153

 

 

 

100

%

 

$

3,541

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer concentration:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer 1

 

$

1,715

 

 

 

54

%

 

$

2,187

 

 

 

62

%

Customer 3

 

 

645

 

 

 

21

%

 

 

554

 

 

 

15

%

Total

 

$

2,360

 

 

 

75

%

 

$

2,741

 

 

 

77

%


During the three months ended December 31, 2017, we did not have any suppliers accounting for more than 10% of our purchases. During the three months ended December 31, 2016, we had one supplier which accounted for 10% of our purchases. During each of the six months ended December 31, 2017 and 2016, we had one supplier that accounted for more than 10% of our total purchases, respectively, although these were different suppliers in each period.


Amounts owed to the fiscal 2018 significant supplier at December 31, 2017 and June 30, 2017 represented 2% and 12%, respectively, of total accounts payable.