Accounts Receivable and Unbilled Accounts Receivable

9 Months Ended

Sep. 30, 2014

Accounts Receivable and Unbilled Accounts Receivable [Abstract]

Accounts Receivable and Unbilled Account Receivables [Text Block]

5. Accounts Receivable and Unbilled Accounts Receivable

Accounts receivable consist of the following for each of the periods presented below:

	SEPTEMBER 30,		DECEMBER 31,
	2014		2013
	(Unaudited)
Commercial	$	5,338,451	$	2,782,179
Government		3,622,182		4,860,259
Gross accounts receivable		8,960,633		7,642,438
Less: allowances for doubtful
accounts		(101,157)		(30,038)
Accounts receivable, net	$	8,859,476	$	7,612,400

Unbilled accounts receivable consist of the following for each of the periods presented below:

	SEPTEMBER 30,		DECEMBER 31,
	2014		2013
	(Unaudited)
Commercial	$	719,635	$	435,230
Government		2,696,589		1,125,800
Unbilled accounts receivable	$	3,416,224	$	1,561,030

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				NINE MONTHS ENDED
	SEPTEMBER 30,				SEPTEMBER 30,
	2014		2013		2014		2013
	As a % of		As a % of		As a % of		As a % of
Customer Name	Revenues		Revenues		Revenues		Revenues
	(Unaudited)				(Unaudited)
Transportation Security Administration	15	%	18	%	18	%	19	%
Department of Homeland Security	17	%	17	%	18	%	17	%
Sword & Shield	15	%	--		--		--

Customers representing ten percent or more of consolidated trade accounts receivable are set forth in the table below for each of the periods presented:

	SEPTEMBER 30,		DECEMBER 31,
	2014		2013
	As a % of		As a % of
Customer Name	Receivables		Receivables
	(Unaudited)
Transportation Security Administration (“TSA”)	--		19	%
Department of Homeland Security (“DHS”)	--		8	%
US Airforce	--		14	%
Sword & Shield	20	%	--