Note 7. Operations and Concentrations

9 Months Ended

Sep. 30, 2013

Notes to Financial Statements

Operations and Concentrations

For the three and nine-month periods ended September 30, 2013 and 2012, we earned revenues (as a percentage of total revenues) in the following categories:

			Three months ended		Nine months ended
			September 30,		September 30,
Revenue Streams			2013	2012	2013	2012
	Disclosure management		40.8%	75.4%	59.8%	67.3%
	Shareholder communications		54.7%	20.6%	35.2%	28.0%
	Software licensing		4.5%	4.0%	5.0%	4.7%
		Total	100.0%	100.0%	100.0%	100.0%

No customers accounted for more than 10% of the operating revenues during the three or nine-month periods ended September 30, 2013 or 2012.  We did not have any customers that comprised more than 10% of our total accounts receivable balances at September 30, 2013 or December 31, 2012.

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.