XML 29 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 6. Operations and Concentrations
 9 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
Note 6. Operations and Concentrations

 

For the three and nine-month periods ended September 30, 2012 and 2011, we earned revenues (as a percentage of total revenues) in the following categories: 

      Three months ended   Nine months ended
       September 30,    September 30,
Revenue Streams   2012     2011     2012     2011
  Compliance and reporting services   64.4%     59.9%     57.8%     49.1%
  Printing and financial communication   9.4%     15.4%     14.0%     16.7%
  Fulfillment and distribution   11.2%     16.0%     14.0%     19.9%
  Software licensing   4.0%     1.8%     4.7%     2.9%
  Transfer agent services   11.0%     6.9%     9.5%     11.4%
    Total   100.0%     100.0%     100.0%     100.0%

 

No customers accounted for more than 10% of the operating revenues during the three or nine-month periods ended September 30, 2012 or 2011. We did not have any customers that comprised more than 10% of our total accounts receivable balances at September 30, 2012 or December 31, 2011.

 

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