Note 7 - Major Customer Concentration
|3 Months Ended|
Dec. 31, 2020
|Notes to Financial Statements|
|Concentration Risk Disclosure [Text Block]||
7.Major Customer Concentration
December 31, 2020,Customer A comprised
19%and Customer B comprised
12%of the Company's net sales. Both of these customers are distributors. For the
December 31, 2019,Customers A, B, and C comprised
10%,respectively, of the Company's net sales. Customers A, B, and C are distributors. These major customers, like our other customers, purchase our products from time to time through purchase orders, and the Company does
nothave any agreements that obligate these major customers to purchase products from us in the future.
December 31, 2020,Customer B accounted for
16%of accounts receivable. As of
September 30, 2020,Customers A and B accounted for
25%in the aggregate of accounts receivable. Both of these customers are distributors.
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