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Concentrations
6 Months Ended
Jun. 30, 2021
Risks and Uncertainties [Abstract]  
Concentrations

15. Concentrations

 

Revenues from a limited number of customers have accounted for a substantial percentage of our total revenues. During the three months ended June 30, 2021 and 2020, our largest customer, the State of Michigan, accounted for 45% and 43%, respectively, of our total revenues, and our second largest customer, Quicken Loans, accounted for 9% and 11%, respectively, of our total revenues. During the six months ended June 30, 2021 and 2020, our largest customer, the State of Michigan, accounted for 48% and 40%, respectively, of our total revenues, and our second largest customer, Quicken Loans, accounted for 10% and 8%, respectively, of our total revenues.]

 

For the three months ended June 30, 2021 and 2020, government contracts represented approximately 59% and 57%, respectively, of our net revenues. For the six months ended June 30, 2021 and 2020, government contracts represented approximately 64% and 58%, respectively, of our net revenues. A significant portion of our sales to resellers represent ultimate sales to government agencies.

 

As of June 30, 2021, accounts receivable concentrations from our two largest customers were 36% and 12% of our gross accounts receivable, respectively by customer. Accounts receivable balances from our two largest customers at June 30, 2021 have been partially collected. As of December 31, 2020, accounts receivable concentrations from our two largest customers were 54% and 16% of gross accounts receivable, respectively by customer.