Customer Concentration |
6 Months Ended |
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Jun. 30, 2023 | |
Risks and Uncertainties [Abstract] | |
Customer Concentration |
13. Customer Concentration
Significant dealers are those that account for greater than 10% of the Company’s revenues and purchases.
During the six months ended June 30, 2023, one individual dealer had sales of over 10% of the Company’s total sales, that dealer represented 20% of total sales. During the six months ended June 30, 2022, three individual dealers had sales of over 10% of the Company’s total sales, and combined these three dealers represented 46% of total sales.
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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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- References No definition available.
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