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Concentration of Credit Risk and Major Customers
6 Months Ended
Jun. 30, 2012
Concentration of Credit Risk and Major Customers [Abstract]  
Concentration of Credit Risk and Major Customers [Text Block]

Note 4 – Concentration of Credit Risk and Major Customers

 

Financial instruments that subject DCT to credit risk are cash balances maintained in excess of federal depository insurance limits and trade receivables.

 

Cash and Cash Equivalents

 

DCT maintains cash balances at several banks. Cash accounts maintained in the United States are insured by the Federal Deposit Insurance Corporation ("FDIC") up to $250,000. Non-interest bearing accounts are 100% insured. As of June 30, 2012, DCT had consolidated balances of approximately $154,000 which were not guaranteed by the FDIC. DCT has not experienced any losses in such accounts and believes the exposure is minimal.

 

Major Customers and Trade Receivables

 

A relatively small number of customers account for a significant percentage of DCT’s sales. Customers that exceeded 10% of total revenues and accounts receivable were as follows: 

 

    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2012     2011     2012     2011  
Customer A     53 %     20 %     39 %     16 %
Customer B     19       19       20       20  
Customer C     *       19       11       13  
Customer D     *       12       *       18  

 

* Customer accounted for less than 10% for the period indicated.

 

Trade receivables from all significant customers at June 30, 2012 totaled $2,230,000. As of June 30, 2012, all the Company's trade receivables were unsecured.