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Accounts Receivable and Unbilled Accounts Receivable | 6 Months Ended
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Jun. 30, 2013
Accounts Receivable and Unbilled Accounts Receivable [Abstract] |
Accounts Receivable and Unbilled Accounts Receivable |
4. | Accounts Receivable and Unbilled Accounts Receivable
Accounts receivable consist of the following for each of the periods presented below:
|  | JUNE 30, |  |  | DECEMBER 31, |
|  | 2013 |  |  | 2012 |
|  | (Unaudited) |
Commercial |  | $ | 2,321,127 |  |  | $ | 2,546,268 |
Government |  |  | 2,938,726 |  |  |  | 4,462,984 |
Gross accounts receivable |  |  | 5,259,853 |  |  |  | 7,009,252 |
Less: allowances for doubtful accounts |  |  | (30,527 | ) |  |  | (76,886 | )
Accounts receivable, net |  | $ | 5,229,326 |  |  | $ | 6,932,366 |
Unbilled accounts receivable consist of the following for each of the periods presented below:
|  | JUNE 30, |  |  | DECEMBER 31, |
|  | 2013 |  |  | 2012 |
|  | (Unaudited) |
Commercial |  | $ | 341,053 |  |  | $ | 1,564,078 |
Government |  |  | 943,415 |  |  |  | 1,405,372 |
Unbilled accounts receivable |  | $ | 1,284,468 |  |  | $ | 2,969,450 |
Customers representing ten percent or more of consolidated revenues are set forth in the table below for each of the periods presented:
|  | THREE MONTHS ENDED |  |  | SIX MONTHS ENDED |
|  | JUNE 30, |  |  | JUNE 30, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
|  | As a % of |  |  | As a % of |  |  | As a % of |  |  | As a % of |
Customer Name |  | Revenues |  |  | Revenues |  |  | Revenues |  |  | Revenues |
|  | (Unaudited) |  |  | (Unaudited) |
Transportation Security Administration ("TSA") |  |  | 20 | % |  |  | 19 | % |  |  | 19 | % |  |  | 18 | %
Department of Homeland Security ("DHS") |  |  | 18 | % |  |  | 17 | % |  |  | 18 | % |  |  | 17 | %
Lockheed Martin Corporation |  |  | -- |  |  |  | -- |  |  |  | 11 | % |  |  | -- |
Maryland Procurement |  |  | -- |  |  |  | 11 | % |  |  | -- |  |  |  | 8 | %
Customers representing ten percent or more of consolidated trade accounts receivable are set forth in the table below for each of the periods presented:
|  | JUNE 30, |  |  | DECEMBER 31, |
|  | 2013 |  |  | 2012 |
|  | As a % of |  |  | As a % of |
Customer Name |  | Receivables |  |  | Receivables |
|  | (Unaudited) |
Transportation Security Administration ("TSA") |  |  | 12 | % |  |  | 12 | %
Department of Homeland Security ("DHS") |  |  | 13 | % |  |  | 19 | %
Bureau of Alcohol Tabacco and Firearms ("ATF") |  |  | -- |  |  |  | 10 | %

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- Definition Composition of accounts receivable arising from commercial and government customers. + References No definition available. + Details
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