Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Major Customer Concentration

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Note 7 - Major Customer Concentration
6 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]
Note
7.
Major Customer Concentration
 
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. For the
three
months ended
March 31, 2019,
Customers A and B comprised
17%
and
10%,
respectively, of the Company’s net sales. For the
six
months ended
March 31, 2019,
Customers A and B comprised
18%
and
11%,
respectively, of the Company’s net sales. These major customers, like our other customers, purchase our products from time to time through purchase orders, and we do
not
have any agreements that obligate these major customers to purchase products in the future from us.
 
As of
March 31, 2020,
three
customers accounted for
12%,
10%
and
10%,
respectively, or
32%
in the aggregate, of accounts receivable. One of these customers is a distributor,
one
is a private label original equipment manufacturer and
one
is a broadband service provider. As of
September 30, 2019,
two
customers accounted for
16%,
and
12%,
respectively, or
28%
in the aggregate of accounts receivable. Both of these customers are distributors.