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Significant Clients
9 Months Ended
Sep. 29, 2023
Risks and Uncertainties [Abstract]  
Significant Clients
12.
Significant Clients

In the 2023 third quarter, International Business Machines Corporation (IBM) was the Company’s largest client and accounted for $5.6 million or 7.8% of consolidated revenue compared with $13.7 million or 18.2% of consolidated revenue in the comparable 2022 period. In the 2023 year-to-date period, IBM accounted for $20.4 million or 9.1% of consolidated revenue, compared with $46.1 million or 18.7% of consolidated revenue in the comparable 2022 period. The National Technical Services Agreement with IBM was renewed on October 27, 2023 and now expires October 31, 2026, with generally the same terms and conditions as the previous year. The Company’s accounts receivable from IBM at September 29, 2023 and December 31, 2022 totaled $9.4 million and $14.0 million, respectively.

No other client accounted for 10% or more of the Company's revenue during the 2023 or 2022 third quarter or year-to-date periods.