Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable

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Accounts Receivable
6 Months Ended
Dec. 31, 2018
Receivables [Abstract]  
Accounts receivable

 

4. Accounts receivable The Company's accounts receivable arise primarily from the sale of the Company's products. On a periodic basis, the Company evaluates each customer account and based on the days outstanding of the receivable, history of past write-offs, collections, and current credit conditions, writes off accounts it considers uncollectible. With most of our retail and distribution partners, invoices will typically be due in 30 or 45 days. The Company does not accrue interest on past due accounts and the Company does not require collateral. Accounts become past due on an account-by-account basis. Determination that an account is uncollectible is made after all reasonable collection efforts have been exhausted. The Company has not provided any sales allowances for December 31, 2018 and June 30, 2018, respectively.