Note 9 - Major Customer Concentration |
3 Months Ended |
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Dec. 31, 2023 | |
| Notes to Financial Statements | |
| Concentration Risk Disclosure [Text Block] |
Note 9. Major Customer Concentration
For the three months ended December 31, 2023, the Company had two customers that comprised 19% and 16% of the Company’s net sales, respectively. Both customers are distributors. For the three months ended December 31, 2022, one customer comprised 15% of the Company’s net sales. This customer is a distributor.
As of December 31, 2023, two customers account for 23% and 18% of accounts receivable, respectively. These customers are distributors. As of September 30, 2023, three customers account for 16%, 13%, and 11% of accounts receivable. These customers are distributors. |
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- Definition 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
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- References No definition available.
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