Quarterly report pursuant to Section 13 or 15(d)

Major Customers and Vendors

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Major Customers and Vendors
6 Months Ended
Jun. 30, 2023
Major Customers and Vendors  
Major Customers and Vendors

13.        Major Customers and Vendors:

The Company had one major vendor that accounted for 12% of total purchases during the three months ended June 30, 2023, and 16% of total purchases during the three months ended June 30, 2022. The Company had one major vendor that accounted for 17% of total purchases during the six months ended June 30, 2023 and 19% of total purchases during the six months ended June 30, 2022.

The Company had two major customers that accounted for 22% and 14%, respectively, of its net sales during the three months ended June 30, 2023, and 21% and 20%, respectively, of its net sales during the three months ended June 30, 2022. The Company had two major customers that accounted for 21% and 14%, respectively, of its net sales during the six months ended June 30, 2023, and 23% and 18%, respectively, of its net sales during the six months ended June 20, 2022. These same customers accounted for 19% and 12%, respectively, of total net accounts receivable as of June 30, 2023, and 16% and 18%, respectively, of total net accounts receivable as of December 31, 2022.