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Concentrations
 12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
Note 10. Concentrations

Note 10: Concentrations

 

For the years ended December 31, 2011 and December 31, 2010, we generated revenues from the following revenue streams as a percentage of total revenue:

 

   2011  2010
    Amount    Percentage    Amount    Percentage 
Revenue Streams                    
Document conversion  $1,632,889    50.6%  $595,737    15.4%
Printing and financial communication   536,912    16.6%   1,500,237    38.9%
Fulfillment and distribution   639,578    19.8%   1,192,916    30.9%
Software licensing   86,389    2.7%   124,301    3.2%
Transfer agent services   332,331    10.3%   447,322    11.6%
Total  $3,228,099    100.0%  $3,860,513    100.0%

 

We did not have any customers during the year ended December 31, 2011 that accounted for more than 10% of our revenue.  During 2010, revenue generated from one customer comprised 47.7% of our total annual revenues.  We did not have any customers that comprised more than 10% of our total accounts receivable balances at December 31, 2011 or 2010.

 

We believe we do not have any financial instruments that could have potentially subjected us to significant concentrations of credit risk. Since a portion of the revenues are paid at the beginning of the month via credit card or advance by check, the remaining accounts receivable amounts are generally due within 30 days, none of which is collateralized.