Quarterly report pursuant to Section 13 or 15(d)

Major Customers and Vendor

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Major Customers and Vendor
6 Months Ended
Jun. 30, 2015
Major Customers and Vendors  
Major Customers and Vendor

 

10.          The Company had three major vendors that accounted for 23.3%, 10.2% and 9.3%, respectively, of total purchases during the six months ended June 30, 2015, and 20.9%, 10.4% and 10.2% of total purchases for the three months ended June 30, 2015. The Company had one major vendor that accounted for 11.5% and 13.2% of total purchases during the six months and three months, respectively, that ended June 30, 2014. The Company had two major customers that accounted for 17.9% and 17.8%, respectively, of its total net sales during the six months ended June 30, 2015, and 17.9%, and 17.0% of total net sales for the three months ended June 30, 2015. These same customers accounted for 9.4% and 20.4%, respectively, of total net accounts receivable as of June 30, 2015.  The Company had three major customers that accounted for 16.7%, 15.1% and 11.1% of its total net sales during the six months ended June 30, 2014, and 17.5%, 14.5% and 11.5% of total net sales for the three months ended June 30, 2014.