Note 13 - Major Customers and Vendors |
9 Months Ended |
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Sep. 30, 2024 | |
Notes to Financial Statements | |
Concentration Risk Disclosure [Text Block] |
13. Major Customers and Vendors: The Company had one major vendor that accounted for 8% of total purchases during the three months ended September 30, 2024, and 15% of total purchases during the three months ended September 30, 2023. The Company had one major vendor that accounted for 11% of total purchases during the nine months ended September 30, 2024, and 16% of total purchases during the nine months ended September 30, 2023. The Company had two major customers that accounted for 16% and 13%, respectively, of its net sales during the three months ended September 30, 2024, and 21% and 17%, respectively, of its net sales during the three months ended September 30, 2023. The Company had two major customers that accounted for 18% and 15%, respectively, of its net sales during the nine months ended September 30, 2024, and 21% and 15%, respectively, of its net sales during the nine months ended September 30, 2023. These same customers accounted for 13% and 6%, respectively, of total net accounts receivable as of September 30, 2024, and 15% and 6%, respectively, of total net accounts receivable as of December 31, 2023. |
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- Definition 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
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- References No definition available.
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