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CONCENTRATION OF CREDIT RISK
 9 Months Ended
Dec. 31, 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 December 31, 2022, there were trade accounts receivable balances outstanding from four customers comprising 82% 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:

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​

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​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2022

​

March 31, 2022

 

Customer

    

Dollars

    

Percent

    

Dollars

    

Percent

 

A

​

$

*

​

*

%

$

1,079,264

​

36

%

B

​

$

*

 

*

%

$

436,051

 

14

%

C

​

$

745,459

 

26

%

$

*

 

*

%

D

​

$

*

​

*

%

$

382,789

​

13

%

E

​

$

688,979

​

24

%

$

*

​

*

%

F

​

$

*

​

*

%

$

309,500

​

10

%

G

​

$

490,176

​

17

%

$

*

​

*

%

H

​

$

434,802

​

15

%

$

*

​

*

%

*less than 10% of total