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CUSTOMER AND VENDOR CONCENTRATIONS
6 Months Ended
Dec. 31, 2022
CUSTOMER AND VENDOR CONCENTRATIONS  
CUSTOMER AND VENDOR CONCENTRATIONS

NOTE 10 — CUSTOMER AND VENDOR CONCENTRATIONS

Customers: Two customer accounted for 17% and 10% of the Company's sales for the three months ended December 31, 2022. One customer accounted for 17% of the Company’s sales for the six months ended December 31, 2022.

At December 31, 2022, the amount of outstanding receivables related to the Company's largest customer was approximately $265,000. No other customer represented more than 10% of accounts receivable at December 31, 2022.

Two customers accounted for approximately 20% and 18% of the Company's sales for the three months ended December 31, 2021. Three customers accounted for approximately 23%, 10% and 10% of the Company’s sales for the six months ended December 31, 2021.

At December 31, 2021, the amount of outstanding receivables related to these customers was approximately $240,000.

Vendors: Approximately 17% and 13% of the Company's purchases were provided by 2 vendors for the three months ended December 31, 2022. Approximately 21% of the Company's purchases were provided by one vendor for the three months ended December 31, 2021.

Approximately 26% and 13% of the Company’s purchases were provided by two vendors for the six months ended December 31, 2022. Approximately 33% of the Company’s purchases were provided by one vendor for the six months ended December 31, 2021.