Concentrations |
12 Months Ended |
|---|---|
Jun. 30, 2018 | |
| Receivables [Abstract] | |
| Concentrations |
Note 10. Concentrations
Vendors
For the year ended June 30, 2018, no vendors represented 10% or more of the Company’s purchases.
For the year ended June 30, 2017, one vendor represented 11% of the Company’s purchases.
Customers
For the year ended June 30, 2018, three customers represented 37%, 24% (20% of accounts receivable), and 14% (35% of accounts receivable), respectively, of the Company’s non-grant related revenue.
For the year ended June 30, 2017, two customers represented 86%, and 14%, respectively, of the Company’s non-grant related revenue. |
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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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| X | ||||||||||
- References No definition available.
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