Company: PDEX
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001079973-25-000729
Chunk: 14

Company: PRO DEX INC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 14
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     85%

    Nine Months Ended March 31, 

    2025  
    2024 

    Amount  
    Percent of Total  
    Amount  
    Percent of Total 

    Net sales	 
    $49,099  
     100% 
    $38,819  
     100%

    Customer concentration: 

    Customer 1 
    $38,288  
     78% 
    $27,491  
     71%
  
    Customer 2 
     5,538  
     11% 
     4,087  
     11%
  
    Total 
    $43,826  
     89% 
    $31,578  
     82%

Information with respect
to accounts receivable from those customers who comprised more than 10% of our gross accounts receivable at either March 31, 2025 or June
30, 2024, is as follows (in thousands, except percentages):

     Schedule of accounts receivable 

    March
    31, 2025  
    June 30,
    2024 

    Total gross accounts receivable	 
    $15,861  
     100% 
    $13,887  
     100%

    Customer concentration: 

    Customer 1 
    $11,872  
     75% 
    $10,488  
     76%
  
    Customer 2 
     2,312  
     15% 
     2,423  
     17%
  
    Total 
    $14,184  
     90% 
    $12,911  
     93%

    14 
    PRO-DEX INC. AND SUBSIDIARYNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED) 

	During the
three and nine months ended March 31, 2025 and 2024, we had three suppliers accounting for 10% or more of total inventory purchases. Amounts
owed to these three suppliers at March 31, 2025 or June 30, 2024, is as follows (in thousands, except percentages).

     Schedule of suppliers accounting 

    March
    31, 2025  
    June 30,
    2024 

    Total