Quarterly report pursuant to Section 13 or 15(d)

Concentrations

v3.23.2
Concentrations
6 Months Ended
Jun. 30, 2023
Risks and Uncertainties [Abstract]  
Concentrations Concentrations
The Company has significant suppliers and service providers that are important to its sourcing, roasting, manufacturing, and any related ongoing servicing of merchandise and content. The Company does not have any long-term arrangements with these vendors or its other suppliers and service providers to guarantee availability of inventory, content, or services. The loss of these vendors, the numbers and concentrations of which are set for in the table below, could have an adverse impact on the operations of the Company until a suitable replacement could be engaged.

The following tables summarize the Company's significant vendors/suppliers and the proportion of their impact on the following operations for the periods indicated:

Three Months Ended June 30,
2023 2022
Number of Vendors Concentration Rate Number of Vendors Concentration Rate
Coffee supplier accounts 4 52.2% 2 69.2%
Shipping provider accounts 5 69.6% 3 77.4%
Primary fulfillment service provider accounts 3 86.8% 1 98.6%
Marketing provider accounts 6 47.8% 5 42.0%

Six Months Ended June 30,
2023 2022
Number of Vendors Concentration Rate Number of Vendors Concentration Rate
Coffee supplier accounts 5 54.3% 2 66.9%
Shipping provider accounts 4 60.6% 4 80.9%
Primary fulfillment service provider accounts 3 84.3% 1 98.2%
Marketing provider accounts 6 43.8% 8 40.5%