Note 10 - Concentrations

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

1

0

. Concentrations

Our operations are concentrated in

one

area—security software/entity identification. Sales to the U.S. Government through direct and indirect channels totaled

87.4%

of total revenues for

2019

and

83.9%

of total revenues for

2018.

During

2019

approximately

68.1%

of total revenues were attributable to

three

government customers. During

2018

approximately

61.4%

of total revenues are attributable to

four

government customers.

Three

individual government customers at

December 31, 2019

and

four

at

December 31, 2018

exceeded

10%

of total accounts receivable balance at respective year ends, comprising

78.8%

and

48.9%

of the respective total accounts receivable balance. During

2019

approximately

10.4%

of total revenues were attributable to

one

commercial customer, and during

2018,

14.1%

of total revenues were attributable to

one

commercial customer. Only

one

individual commercial customer at

December 31, 2019

exceeded

10%

of total accounts receivable balance, and only

one

at

December 31, 2018.

Our similar product and service offerings are

not

viewed as individual segments, as our management analyzes the business as a whole and expenses are

not

allocated to each product offering.