Note 6: Operations and Concentrations

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Note 6: Operations and Concentrations

For the three and six-month periods ended June 30, 2012 and 2011, we earned revenues (as a percentage of total revenues) in the following categories:

			Three months ended			Six months ended
			June 30,			June 30,
Revenue Streams				2012	2011		2012	2011
	Compliance and reporting services			51.2%	44.5%		53.7%	43.2%
	Printing and financial communication			18.4%	21.1%		16.9%	17.4%
	Fulfillment and distribution			15.4%	20.7%		15.8%	22.1%
	Software licensing			4.8%	4.1%		5.1%	3.5%
	Transfer agent services			10.2%	9.6%		8.5%	13.8%
		Total		100.0%	100.0%		100.0%	100.0%

No customers accounted for more than 10% of the operating revenues during the three or six-month periods ended June 30, 2012 or 2011. We did not have any customers that comprised more than 10% of our total accounts receivable balances at June 30, 2012 or December 31, 2011.

We do not believe we had any financial instruments that could have potentially subjected us to significant concentrations of credit risk. A portion of our revenues are paid at the beginning of the month via credit card or in advance by check, the remaining accounts receivable amounts are generally due within 30 days, none of which is collateralized.