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Unbilled Accounts Receivable
6 Months Ended
Jun. 30, 2021
Accounts Receivable and Significant Concentrations  
4. Unbilled Accounts Receivable

4. Unbilled Accounts Receivable

 

Unbilled accounts receivable represent revenues earned but not invoiced to the customer at the balance sheet date due to either timing of invoice processing or delays due to fixed contractual billing schedules. A significant portion of our unbilled accounts receivable consist of carrier services and hardware and software products delivered but not invoiced at the end of the reporting period.

 

The following table presents customers that represent ten (10) percent or more of consolidated unbilled accounts receivable as of the dates presented below:

  

 

 

JUNE 30,

 

 

DECEMBER 31,

 

 

 

2021

 

 

2020

 

 

 

As a % of

 

 

As a % of

 

Customer Name

 

Receivables

 

 

Receivables

 

 

 

(Unaudited)

 

U.S. Department of Homeland Security Headquarters

 

 

20%

 

 

11%

U.S. Immigration and Customs Enforcement

 

 

42%

 

 

20%

U.S. Census Bureau

 

 

-

 

 

 

25%

U.S. Coast Guard

 

 

13%

 

 

16%

U.S. Transportation Safety Administration

 

 

10%

 

 

-