XML 19 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Accounts Receivable and Unbilled Accounts Receivables
6 Months Ended
Jun. 30, 2012
Accounts Receivable and Unbilled Accounts Receivables [Abstract]  
Accounts Receivable and Unbilled Account Receivables [Text Block]
3. Accounts Receivable and Unbilled Accounts Receivables

 

Accounts receivable consist of the following:

 

    JUNE 30,     DECEMBER 31,  
    2012     2011  
Commercial   $ 1,718,719     $ 2,508,626  
Government     6,571,538       5,376,176  
                 
Accounts receivable, net   $ 8,290,257     $ 7,884,802  

 

Unbilled accounts receivable consist of the following:

 

    JUNE 30,     DECEMBER 31,  
    2012     2011  
                 
Commercial   $ 312,130     $ 88,855  
Government     1,104,151       2,626,551  
                 
Unbilled accounts receivable   $ 1,416,281     $ 2,715,406  

 

Customers representing ten percent or more of consolidated revenues are set forth in the table below for the three and six months ended June 30:

 

    THREE MONTHS ENDED     SIX MONTHS ENDED  
    JUNE 30,     JUNE 30,  
    2012     2011     2012     2011  
    (Unaudited)     (Unaudited)  
    As a % of     As a % of     As a % of     As a % of  
Customer Name   Revenues     Revenues     Revenues     Revenues  
                         
Transportation Security Administration (“TSA”)     19 %     27 %     18 %     25 %
Department of Homeland Security (“DHS”)     17 %     28 %     17 %     28 %
Maryland Procurement     11 %           8 %      

 

Customers representing ten percent or more of consolidated trade accounts receivable and unbilled receivables are set forth in the table below as of the period presented:

 

    JUNE 30,     DECEMBER 31,          
    2012     2011          
    (Unaudited)              
    As a % of     As a % of          
Customer Name   Receivables     Receivables          
                         
Transportation Security Administration (“TSA”)     10 %     11 %            
Department of Homeland Security (“DHS”)     23 %     20 %                
Bureau of Alcohol, Tabacco & Firearms ("ATF")     12 %