XML 25 R15.htm IDEA: XBRL DOCUMENT v3.21.2

CONCENTRATION OF CREDIT RISK

3 Months Ended

Jun. 30, 2021

CONCENTRATION OF CREDIT RISK

CONCENTRATION OF CREDIT RISK

NOTE 8 - CONCENTRATION OF CREDIT RISK

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, 2021, there were trade accounts receivable balances outstanding from three customers comprising 75% of the total trade receivables balance. The following table sets forth information as to trade accounts receivable from customers who accounted for more than 10% of our accounts receivable balance as of:

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	June 30, 2021				​	March 31, 2021
Customer		Dollars			Percent		Dollars			Percent
A	​	$	503,250	​	44	%	$	*	​	*	%
B	​	$	*		*	%	$	399,692		66	%
C	​	$	*		*	%	$	193,368		32	%
D	​	$	222,982	​	19	%	$	*	​	*	%
E	​	$	135,300	​	12	%	$	*	​	*	%

* less than 10% of total

X

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-URI http://asc.fasb.org/topic&trid=2134479

+ Details

Name:	us-gaap_ConcentrationRiskDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RisksAndUncertaintiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration