Quarterly report pursuant to Section 13 or 15(d)

CONCENTRATIONS OF RISK

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CONCENTRATIONS OF RISK
9 Months Ended
May 31, 2020
Risks and Uncertainties [Abstract]  
CONCENTRATIONS OF RISK CONCENTRATIONS OF RISK 
Supplier Concentrations
The Company purchases inventory from various suppliers and manufacturers. For the nine months ended May 31, 2020 and May 31, 2019, the Company had one vendor which accounted for approximately 33% and 42%, respectively, of total inventory purchases. As of May 31, 2020, there were two vendors in the aggregate that represented approximately 23% of accounts payable. As of May 31, 2019, there were two vendors that represented approximately 42% of accounts payable.
Customer Concentrations
During the nine months ended May 31, 2020, no customer represented over 10% of the Company’s revenue. For the nine months ended May 31, 2019, the Company had one customer that represented approximately 10% of the Company’s revenues. As of May 31, 2020, there were two customers in aggregate, that represented approximately 47% of accounts receivable. As of May 31, 2019, there was one customer that represented 24% of accounts receivable.