Annual report pursuant to Section 13 and 15(d)

Note E - Major Customer Concentration

v3.3.0.814
Note E - Major Customer Concentration
12 Months Ended
Sep. 30, 2015
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]
NOTE E – CONCENTRATIONS
 
Suppliers:
The Company purchases critical components for our products, including injection molded parts and connectors from third parties, some of whom are single- or limited-source suppliers. If any of our suppliers are unable to ship critical components, we may be unable to manufacture and ship products to our distributors or customers. If the price of these components increases for any reason, or if these suppliers are unable or unwilling to deliver, we may have to find another source, which could result in interruptions, increased costs, delays, loss of sales and quality control problems.
 
Customers:
The following table summarizes customers comprising 10% or more of net sales for the years ended September 30, 2015, 2014, and 2013:
 
    Year Ended September 30,
    2015   2014   2013
Customer A     25 %     19 %     19 %
Customer B    
*
      21 %     23 %
* Less than 10%
 
As of September 30, 2015, Customers C and A accounted for 17% and 14% of accounts receivable, respectively. As of September 30, 2014, Customer C accounted for 10% of accounts receivable.