Quarterly report pursuant to Section 13 or 15(d)

M. BUSINESS CONCENTRATION

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M. BUSINESS CONCENTRATION
9 Months Ended
Sep. 30, 2014
M. Business Concentration  
NOTE M - BUSINESS CONCENTRATION

For the nine months ended September 30, 2014 and 2013, no single customer represented 10% or more of total net revenues.

 

Purchases from two major suppliers approximated $2,764,000, or 75% of purchases, and $1,878,000, or 67% of purchases, for the nine months ended September 30, 2014 and 2013, respectively. Total due to these suppliers, net of deposits, was approximately $747,000 as of September 30, 2014, and $287,000 as of September 30, 2013.