NOTE 10 – CONCENTRATIONS

Significant Customers

During the three-months ended April 30, 2023, the Company had one customer from whom it generated sales greater than 10% of net revenues. Revenue from this customer was $1,270,138, or 24.0% of net revenues during the three-months ended April 30, 2023. Receivables from this customer were $1,365,300, or 35.1% of net receivables as of April 30, 2023.

During the three-months ended April 30, 2022, the Company had one customer from whom it generated sales greater than 10% of net revenues. Revenue from this customer was $549,134, or 11% of net revenues during the three-months ended April 30, 2022. Receivables from this customer were $184,374, or 9.3% of net receivables as of April 30, 2022.

During the six-months ended April 30, 2023, the Company had two customers from whom it generated sales greater than 10% of net revenues. Revenues from these customers were $2,517,093, or 23.1% of net revenues during the six-months ended April 30, 2023. Receivables from these customers were $1,483,542 or 38.1% of net receivables as of April 30, 2023.

During the six-months ended April 30, 2022, the Company had two customers from whom it generated sales greater than 10% of net revenues. Revenues from these customers were $2,374,201, or 22% of net revenues during the six-months ended April 30, 2022. Receivables from these customers were $600 or 0.03% of net receivables as of April 30, 2022.