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Note 16 - Major Customers and Concentrations
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements  
Major Customers and Concentrations

Our Government services segment’s revenues are derived either as a Prime or as a subcontractor to another Prime contractor from U.S. Department of Defense (DoD) agencies which accounted for approximately 30% of our total revenues for December 31,  2012 compared to 60% for 2011.

 

The Company had two Prime contract vehicles under SPAWAR that accounted for 0% and 33% of total revenues in 2012 and 2011 respectively. These contracts ended May 2011 and were awarded to another Prime contractor. Accounts receivable (including incurred cost receivables for these contracts totaled approximately $1,143,000 and $2,027,000 at December 31, 2012 and December 31, 2011 respectively.