Quarterly report pursuant to Section 13 or 15(d)

Customer Concentration

v3.24.3
Customer Concentration
9 Months Ended
Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Customer Concentration

14. Customer Concentration

 

Significant dealers are those that account for greater than 10% of the Company’s revenues and purchases.

 

During the three months ended September 30, 2024, four individual dealers represented over 10% of the Company’s total sales, and combined they represented 67% of total sales. During the three months ended September 30, 2023, two individual dealers represented over 10% of the Company’s total sales, and combined they represented 35% of total sales. During the nine months ended September 30, 2024, three individual dealers represented over 10% of the Company’s total sales, and combined they represented 38% of total sales. During the nine months ended September 30, 2023, there was one significant dealer who represented 20% of total sales.