CUSTOMER AND VENDOR CONCENTRATIONS	3 Months Ended
Sep. 30, 2021
CUSTOMER AND VENDOR CONCENTRATIONS
CUSTOMER AND VENDOR CONCENTRATIONS	NOTE 9 — CUSTOMER AND VENDOR CONCENTRATIONS Customers: Two customers accounted for approximately 27% and 13% of the Company’s sales for the three months ended September 30, 2021. At September 30, 2021, the amount of outstanding receivables related to these customers was approximately $132,000. Two customers accounted for 49% and 10% of the Company’s sales for the three months ended September 30, 2020. There were no outstanding balances related to these customers at June 30, 2021. Vendors: Approximately 21% of the Company’s purchases were provided by one vendor for the three months ended September 30, 2021. Approximately 25% and 12% of the Company’s purchases were provided by two vendors for the three months ended September 30, 2020.

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.

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

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