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CONCENTRATION OF CREDIT RISK
6 Months Ended
Sep. 30, 2022
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.

On September 30, 2022, there were trade accounts receivable balances outstanding from four customers comprising 76% 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:

September 30, 2022

March 31, 2022

 

Customer

    

Dollars

    

Percent

    

Dollars

    

Percent

 

A

$

*

*

%

$

1,079,264

36

%

B

$

*

 

*

%

$

436,051

 

14

%

C

$

504,803

 

25

%

$

*

 

*

%

D

$

418,448

21

%

$

382,789

13

%

E

$

383,608

19

%

$

*

*

%

F

$

*

*

%

$

309,500

10

%

G

$

216,327

11

%

$

*

*

%

  *less than 10% of total