Note 7 - Major Customer Concentration |
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Notes to Financial Statements | ||||||||||||||||||||||||||||||||||||||||||||||
Concentration Risk Disclosure [Text Block] |
Note 7. Major Customer ConcentrationThe following table summarizes customers comprising 10% or more of net sales for the three and nine months ended June 30, 2018 and 2017:
* Less than 10%
As of
June 30, 2018, Customers C, B, and A accounted for 15%, 14%, and 12% accounts receivable, respectively. As of September 30, 2017, Customer B accounted for 19% of accounts receivable. Customers A and B are both distributors. Customer C is a private label original equipment manufacturer. |
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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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