Quarterly report pursuant to Section 13 or 15(d)

Major Customers and Vendors

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Major Customers and Vendors
9 Months Ended
Sep. 30, 2023
Major Customers and Vendors  
Major Customers and Vendors

13.        Major Customers and Vendors:

The Company had one major vendor that accounted for 15% of total purchases during the three months ended September 30, 2023, and 16% of total purchases during the three months ended September 30, 2022. The Company had one major vendor that accounted for 16% of total purchases during the nine months ended September 30, 2023 and 18% of total purchases during the nine months ended September 30, 2022.

The Company had two major customers that accounted for 21% and 17%, respectively, of its net sales during the three months ended September 30, 2023, and 20% and 15%, respectively, of its net sales during the three months ended September 30, 2022. The Company had two major customers that accounted for 21% and 15%, respectively, of its net sales during the nine months ended September 30, 2023, and 22% and 16%, respectively, of its net sales during the nine months ended September 30, 2022. These same customers accounted for 19% and 11%, respectively, of total net accounts receivable as of September 30, 2023, and 16% and 18%, respectively, of total net accounts receivable as of December 31, 2022.