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Note 23 - Concentration of Customers | 9 Months Ended
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Mar. 31, 2024
Notes to Financial Statements |
Concentration Risk Disclosure [Text Block] |
23. | CONCENTRATION OF CUSTOMERS
The Company had three major customers that accounted for the following revenue and trade account receivables:
|  | For the Nine Months Ended Mar. 31, |
|  | 2024 |  |  |  | 2023 |
|  | (Unaudited) |  |  |  | (Unaudited) |
Revenue |  |  |  |  |  |  |  |
- Customer A |  | 19.8 | % |  |  | 34.0 | %
- Customer B |  |  | 16.5 | % |  |  | 11.2 | %
- Customer C |  |  | 13.3 | % |  |  | 13.6 | %
Trade Account Receivables |  |  |  |  |  |  |  |
- Customer A |  |  | 18.2 | % |  |  | 35.8 | %
- Customer B |  |  | 17.8 | % |  |  | 7.8 | %
- Customer C |  | 20.3 | % |  |  | 18.6 | %

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- 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 -Topic 275 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/275/tableOfContent + Details
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