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CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS | 3 Months Ended
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Jun. 30, 2014
CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS |
CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS | NOTE 14 — CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS We maintain bank account balances, which, at times, may exceed insured limits. We have not experienced any losses with these accounts and believe that we are not exposed to any significant credit risk on cash. At June 30, 2014, there were accounts receivable balances outstanding from three customers comprising 56% of the total receivables balance. The following table sets forth information as to accounts receivable from customers who accounted for more than 10% of our accounts receivable balance as of:
|  | June 30, 2014 |  | March 31, 2014 |
Customer |  | Dollars |  | Percent |  | Dollars |  | Percent |
A |  | $ |  | 1,149,948 |  | 36 | % | $ | 255,360 |  | 11 | %
B |  | $ |  | 655,825 |  | 20 | % | $ |  | 750,146 |  | 33 | %
C |  | $ |  | * |  | * |  | $ | 312,576 |  | 14 | %
*customer total is less than 10% We have been dependent in each year on a small number of customers who generate a significant portion of our business, and these customers change from year to year. The following table sets forth information as to net sales from customers who accounted for more than 10% of our revenue for the three months ended:
|  | June 30, 2014 |  | March 31, 2014 |
Customer |  | Dollars |  | Percent |  | Dollars |  | Percent |
A |  | $ | 1,862,707 |  | 30 | % | $ | 3,983,838 |  | 19 | %
B |  | $ | 1,762,985 |  | 28 | % | $ | * |  | * |
C |  | $ | * |  | * | % | $ | 2,069,468 |  | 10 | %
D |  | $ | * |  | * | % | $ | 2,955,296 |  | 14 | %
*customer total is less than 10%

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