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, 2022
Major Customers and Vendors  
Major Customers and Vendors

12.        Major Customers and Vendors:

The Company had two major vendors that accounted for 22% and 10%, respectively, of total purchases during the three months ended March 31, 2022 and 24% and 9%, respectively, of total purchases during the three months ended March 31, 2021.

The Company had two major customers that accounted for 24% and 14%, respectively, of its net sales during the three months ended March 31, 2022 and 20% and 13%, respectively, of its net sales during the three months ended March 31, 2021. These same customers accounted for 20% and 17%, respectively, of total net accounts receivable as of March 31, 2022 and 18% and 22%, respectively, of total net accounts receivable as of December 31, 2021.