Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Major Customer Concentration

v3.21.1
Note 7 - Major Customer Concentration
6 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]
Note
7.
Major Customer Concentration
 
For the
three
months ended
March 31, 2021,
Customers A and B comprised
21%
and
11%
of the Company's net sales, respectively. For the
six
months ended
March 31, 2021,
Customers A and B comprised
20%
and
11%
of the Company's net sales, respectively. Both of these customers were distributors. For the
three
months ended
March 31, 2020,
Customer A comprised
21%
of the Company's net sales. For the
six
months ended
March 31, 2020,
Customers A, B and C comprised
20%,
11%
and
10%,
respectively, of the Company's net sales. All of these customers were 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
March 31, 2021,
Customers A and B accounted for
10%
and
14%
of accounts receivable, respectively. As of
September 30, 2020,
Customers A and B accounted for
12%
and
13%,
of accounts receivable, respectively. Both of these customers are distributors.