Quarterly report pursuant to Section 13 or 15(d)

Major Customers and Vendors

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Major Customers and Vendors
3 Months Ended
Mar. 31, 2024
Major Customers and Vendors  
Major Customers and Vendors

13.        Major Customers and Vendors:

The Company had two major vendors that accounted for 16% and 10% of total purchases during the three months ended March 31, 2024, and 21% and 10%, respectively, of total purchases during the three months ended March 31, 2023.

The Company had two major customers that accounted for 20% and 15%, respectively, of its net sales during the three months ended March 31, 2024, and 19% and 14%, respectively, of its net sales during the three months ended March 31, 2023. These same customers accounted for 16% and 6%, respectively, of total net accounts receivable as of March 31, 2024, and 15% and 6%, respectively, of total net accounts receivable as of December 31, 2023.