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, 2017
Major Customers and Vendors  
Major Customers and Vendors

10.Major Customers and Vendors:

 

The Company had two major vendors that accounted for 26.6% and 14.1%, respectively, of total purchases during the six months ended June 30, 2017, and 22.0% and 14.9% of total purchases for the three months ended June 30, 2017. The Company had two major vendors that accounted for 23.9% and 10.0%, respectively, of total purchases during the six months ended June 30, 2016, and 17.4% and 10.2% of total purchases for the three months ended June 30, 2016. The Company had two major customers that accounted for 21.6% and 19.7%, respectively, of its total net sales during the six months ended June 30, 2017, and 21.5%, and 17.4% of total net sales for the three months ended June 30, 2017. These same customers accounted for 9.2% and 22.8%, respectively, of total net accounts receivable as of June 30, 2017.  The Company had two major customers that accounted for 18.9% and 17.9%, respectively, of its total net sales during the six months ended June 30, 2016, and 17.5%, and 14.7% of total net sales for the three months ended June 30, 2016.