Concentrations

9 Months Ended

Sep. 30, 2022

Risks and Uncertainties [Abstract]

Concentrations

8. Concentrations

Our operations are concentrated in one area—security software/entity identification. Sales to the U.S. Government through direct and indirect channels for the three and nine month periods ended September 30, 2022, totaled $1.4 million and $4.1 million, or 63.3% and 66.8% of revenues compared to $1.3 million and $3.9 million, or 69.4% and 69.1% of revenues, for the same periods in 2021. During the three and nine month periods ended September 30, 2022, 57.9% and 62.5% of total revenues were attributable to three government customers when compared to 69.4% and 67.2% of total revenue in the same periods of 2021. There were two individual commercial customers in the three and nine month periods ended September 30, 2022, attributable for 33.2% and 28.8% of total revenue compared to 25.4% of total revenue for two individual commercial customers and 18.4% of total revenue for one individual commercial customer for the same periods in 2021. 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.