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Note 9. Concentrations
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements  
Note 9. Concentrations

 

For the years ended December 31, 2012 and December 31, 2011, we generated revenues from the following revenue streams as a percentage of total revenue:

 

    2012     2011  
    Amount     Percentage     Amount     Percentage  
Revenue Streams                        
Compliance and reporting services   $ 2,530,127       58.8 %   $ 1,632,889       50.6 %
Printing and financial communication     561,802       13.0 %     536,912       16.6 %
Fulfillment and distribution     554,957       12.9 %     639,578       19.8 %
Software licensing     189,245       4.4 %     86,389       2.7 %
Transfer agent services     469,435       10.9 %     332,331       10.3 %
Total   $ 4,305,566       100.0 %   $ 3,228,099       100.0 %

 

We did not have any customers during the years ended December 31, 2012 or 2011 that accounted for more than 10% of our revenue. We did not have any customers that comprised more than 10% of our total accounts receivable balances at December 31, 2012 or 2011.

 

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