Company: PDEX
Filing Date: 2025-01-30
Form Type: 10-Q
Source: 0001079973-25-000164
Chunk: 12

Company: PRO DEX INC
Filing Date: 2025-01-30
Form: 10-Q
Item: Item 2
Chunk 12
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16,103  
     96% 
    $11,244  
     89%

    Six Months
    Ended December 31, 

    2024  
    2023 

    Amount  
    Percent of Total  
    Amount  
    Percent of Total 

    Net sales	 
    $31,686  
     100% 
    $24,526  
     100%

    Customer concentration: 

         Customer 1	 
     24,892  
     79% 
     16,812  
     69%
  
         Customer 2	 
     3,621  
     11% 
     2,703  
     11%
  
         Customer 3	 
     1,564  
     5% 
     1,965  
     8%
  
     Total	 
    $30,077  
     95% 
    $21,480  
     88%

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

    Schedule of accounts receivable 

    December
    31, 2024  
    June 30,
    2024 
  
    Total gross accounts receivable	 
    $18,494  
     100% 
    $13,887  
     100%

    Customer concentration: 

         Customer 1 
    $15,582  
     84% 
    $10,488  
     76%
  
         Customer 2 
     2,226  
     12% 
     2,423  
     17%
  
     Total.	 
    $17,808  
     96% 
    $12,911  
     93%

During the three months ended
December 31, 2024 and 2023, we had three and four suppliers, respectively, that accounted for 10% or more of total inventory purchases,
and during the six months ended December 31, 2024 and 2023, we had three suppliers that accounted for more than 10% of our total inventory
purchases