XML 20 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Concentrations
6 Months Ended
Jun. 30, 2013
Risks and Uncertainties [Abstract]  
Concentration Risk Disclosure [Text Block]
12. Concentrations
 
Revenues from the Company’s services to a limited number of customers have accounted for a substantial percentage of the Company’s total revenues. For the three months ended June 30, 2013, the Company’s two largest customers, Dicarz Corp. (“Dicarz”), a reseller, and Ohio Auditor of State, a direct client, accounted for 15% and 9%, respectively, of the Company’s revenue for that period. For the three months ended June 30, 2012, the Company’s two largest customers, Tiburon, Inc. (“Tiburon”) and Lexmark International, Inc. (“Lexmark”), which are both Resellers, accounted for approximately 39% and 11%, respectively, of the Company’s revenue for that period. For the six months ended June 30, 2013, the Company’s two largest customers, Dicarz and Tiburon, accounted for approximately 10% and 8%, respectively, of the Company’s revenues for that period. For the six months ended June 30, 2012, the Company’s two largest customers, Tiburon and Lexmark, accounted for approximately 33% and 12%, respectively, of the Company’s revenues for that period.
 
For the three months ended June 30, 2013 and 2012, government contracts represented approximately 44% and 32% of the Company’s total revenues, respectively. A significant portion of the Company’s sales to Tiburon and Lexmark represent ultimate sales to government agencies. For the six months ended June 30, 2013 and 2012 government contracts represented approximately 47% and 35%, respectively, of the Company’s net revenue.
 
As of June 30, 2013, accounts receivable concentrations from the Company’s two largest customers were 15% and 12% of gross accounts receivable, respectively, and as of June 30, 2012, accounts receivable concentrations from the Company’s two largest customers were 28% and 5% of gross accounts receivable, respectively. Accounts receivable balances from the Company’s two largest customers at June 30, 2013 have since been partially collected.