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Customer Concentrations and Accounts Receivable
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3 Months Ended |
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Jun. 30, 2014
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| Customer Concentrations and Accounts Receivable | |
| Customer Concentrations and Accounts Receivable |
4. Customer Concentrations and Accounts Receivable
Sales to Horizon Power Systems (“Horizon”), one of the Company’s domestic distributors, BPC Engineering (“BPC”), one of the Company’s Russian distributors, and E-Finity Distributed Generation, LLC (“E-Finity”), one of the Company’s domestic distributors, accounted for 25%, 13% and 11%, respectively, of revenue for the first quarter of Fiscal 2015. Sales to Horizon and E-Finity accounted for 23% and 20%, respectively, of revenue for the first quarter of Fiscal 2014.
Additionally, BPC and Electro Mecanique Industries (“EMI”), one of the Company’s distributors in the Middle East and Africa, accounted for 36% and 20%, respectively, of net accounts receivable as of June 30, 2014. BPC, EMI and E-Finity accounted for 26%, 18% and 16%, respectively, of net accounts receivable as of March 31, 2014.
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