Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Major Customer Concentration

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Note 7 - Major Customer Concentration
3 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]
Note
7.
Major Customer Concentration
 
For the
three
months ended
December 31, 2020,
Customer A comprised
19%
and Customer B comprised
12%
of the Company's net sales. Both of these customers are distributors. For the
three
months ended
December 31, 2019,
Customers A, B, and C comprised
18%,
13%,
and
10%,
respectively, of the Company's net sales. Customers A, B, and C are distributors. These major customers, like our other customers, purchase our products from time to time through purchase orders, and the Company does
not
have any agreements that obligate these major customers to purchase products from us in the future.
 
As of
December 31, 2020,
Customer B accounted for
16%
of accounts receivable. As of
September 30, 2020,
Customers A and B accounted for
13%,
and
12%,
respectively, or
25%
in the aggregate of accounts receivable. Both of these customers are distributors.