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Customer Concentrations and Accounts Receivable
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6 Months Ended |
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Sep. 30, 2013
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| Customer Concentrations and Accounts Receivable | |
| Customer Concentrations and Accounts Receivable |
4. Customer Concentrations and Accounts Receivable
Sales to 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 29% and 24%, respectively, of revenue for the three months ended September 30, 2013. Sales to Horizon Power Systems (“Horizon”), one of the Company’s domestic distributors, accounted for 32% of revenue for the three months ended September 30, 2012. E-Finity, BPC and Horizon accounted for 22%, 18% and 12% of revenue, respectively, for the six months ended September 30, 2013. For the six months ended September 30, 2012, Horizon and BPC accounted for 33% and 14% of revenue, respectively.
Additionally, BPC and E-Finity accounted for 32% and 21%, respectively, of net accounts receivable as of September 30, 2013. BPC and Regatta accounted for 35% and 11%, respectively, of net accounts receivable as of March 31, 2013. |