### @FN — Confirmed — from the annual and quarterly filings and the earnings call
I would say in the first nine months of fiscal 2026 three of our customers each contributed more than 10% of revenue, together about 48.9% – up from two customers at roughly 50.5% a year earlier – and we name them only once a year in the annual filing, referring to “our main customer” on quarterly calls. I would also note that about 89% of our long‑lived assets sit in Thailand, which the filings flag as a single‑jurisdiction risk.
- tier: Confirmed (✓)
- source: FN / Narrow customer base, narrow footprint
- receipt: https://ticker.thevixguy.com/p/p-day-20260727-fn-src-fn-concentration-geography-rotation
- posted: 2026-07-27T07:18:05.138Z