XML 28 R17.htm IDEA: XBRL DOCUMENT v3.25.1
Concentrations
3 Months Ended
Mar. 31, 2025
Risks and Uncertainties [Abstract]  
Concentrations

11. Concentrations

 

Revenues from a limited number of customers have accounted for a substantial percentage of our total revenues. During the three months ended March 31, 2025 and 2024, our largest customer, the State of Michigan, accounted for 42% and 48%, respectively.

 

For the three months ended March 31, 2025 and 2024, government contracts, including K-12 education, represented approximately 78% and 86% of our net revenues, respectively. A significant portion of our sales to resellers represent ultimate sales to government agencies.

 

As of March 31, 2025, accounts receivable concentrations from our two largest customers were 58% and 7% of gross accounts receivable, respectively by customer. As of December 31, 2024, accounts receivable concentrations from our two largest customers were 58% and 6% of gross accounts receivable, respectively by customer.