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Concentrations
6 Months Ended
Jun. 30, 2024
Risks and Uncertainties [Abstract]  
Concentrations

12. 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, 2024 and 2023, our largest customer, the State of Michigan, accounted for 41% and 36%, respectively, of our total revenues. During the six months ended June 30, 2024 and 2023, our largest customer, the State of Michigan, accounted for 45% and 35%, respectively, of our total revenues.

 

For the three months ended June 30, 2024 and 2023, government contracts, including K-12 education, represented approximately 87% and 79%, respectively, of our net revenues. For the six months ended June 30, 2024 and 2023, government contracts, including K-12 education, represented approximately 87% and 76%, respectively, of our net revenues. A significant portion of our sales to resellers represent ultimate sales to government or K-12 education.

 

As of June 30, 2024 and 2023, accounts receivable concentrations from our largest customer was 62% of our gross accounts receivable for each period.