CUSTOMER AND VENDOR CONCENTRATIONS	3 Months Ended
Sep. 30, 2023
CUSTOMER AND VENDOR CONCENTRATIONS
CUSTOMER AND VENDOR CONCENTRATIONS	NOTE 8 — CUSTOMER AND VENDOR CONCENTRATIONS Customers: Two customers accounted for 15% and 14% of the Company’s sales for the three months ended September 30, 2023. At September 30, 2023, the amount of outstanding receivables related to the two customers was approximately $612,000. One customer accounted for approximately 17% of the Company’s sales for the three months ended September 30, 2022. At September 30, 2022, the amount of outstanding receivables related to this customers was zero. Vendors: Approximately 23% and 20% of the Company’s purchases were provided by two vendors for the three months ended September 30, 2023. Approximately 32% and 14% of the Company’s purchases were provided by two vendors for the three months ended September 30, 2022.

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 https://asc.fasb.org/topic&trid=2134479

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