Accounts Receivable and Unbilled Accounts Receivables

9 Months Ended

Sep. 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:

	SEPTEMBER 30,		DECEMBER 31,
	2012		2011
Commercial	$	2,814,405	$	2,508,626
Government		3,515,013		5,376,176
Accounts receivable, net	$	6,329,418	$	7,884,802

Unbilled accounts receivable consist of the following:

	SEPTEMBER 30,		DECEMBER 31,
	2012		2011
Commercial	$	582,552	$	88,855
Government		1,295,134		2,626,551
Unbilled accounts receivable	$	1,877,686	$	2,715,406

Customers representing ten percent or more of consolidated revenues are set forth in the table below:

	THREE MONTHS ENDED						NINE MONTHS ENDED
	SEPTEMBER 30,						SEPTEMBER 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”)		18	%		23	%		18	%		24	%
Department of Homeland Security (“DHS”)		15	%		28	%		17	%		28	%

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:

	SEPTEMBER 30,			DECEMBER 31,
	2012			2011
	(Unaudited)
	As a % of			As a % of
Customer Name	Receivables			Receivables
Transportation Security Administration (“TSA”)		11	%		9	%
Department of Homeland Security (“DHS”)		--			34	%
Lockheed Martin Corporation ("LMC")		10	%		--