Quarterly report pursuant to Section 13 or 15(d)

Customer Concentrations and Accounts Receivable

v3.21.2
Customer Concentrations and Accounts Receivable
3 Months Ended
Jun. 30, 2021
Customer Concentrations and Accounts Receivable  
Customer Concentrations and Accounts Receivable

4.  Customer Concentrations and Accounts Receivable

Horizon Power Systems (“Horizon”) and E-Finity Distributed Generation, LLC (“E-Finity), two of the Company’s domestic distributors, accounted for 11% and 10% of revenue for the three months ended June 30, 2021, respectively. E-Finity and Cal Microturbine (“CAL”), two of the Company’s domestic distributors, each accounted for 12% of revenue for the three months ended June 30, 2020. Additionally, E-Finity accounted for 13% of net accounts receivable as of June 30, 2021 and March 31, 2021.