XML 35 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
MAJOR CUSTOMERS
9 Months Ended
Sep. 30, 2012
MAJOR CUSTOMERS [Abstract]  
MAJOR CUSTOMERS
Note 8 – Major Customers

Three customers, HP Enterprise Services ("HP"), International Business Machines Corp. ("IBM") and Siemens Corporation ("Siemens"), accounted for a significant portion of the Company's revenues as follows:

 
% of Total Revenues
 
 
Three Months Ended September 30,
 
 
Nine Months Ended September 30,
 
 
2012
 
 
2011
 
 
2012
 
 
2011
 
HP Customer A
 
 
14.4
%
 
 
18.8
%
 
 
14.1
%
 
 
18.9
%
HP Customer B
 
 
14.5
%
 
 
15.0
%
 
 
14.9
%
 
 
15.7
%
HP Customer C
 
 
16.4
%
 
 
16.6
%
 
 
15.2
%
 
 
13.7
%
HP Customer D
 
 
6.5
%
 
 
0.0
%
 
 
5.1
%
 
 
0.0
%
Total HP
 
 
51.8
%
 
 
50.4
%
 
 
49.3
%
 
 
48.3
%
IBM
 
 
32.7
%
 
 
30.9
%
 
 
32.7
%
 
 
33.1
%
Siemens
 
 
4.7
%
 
 
10.2
%
 
 
5.5
%
 
 
10.9
%
Total Major Customers
 
 
89.2
%
 
 
91.5
%
 
 
87.5
%
 
 
92.3
%
Others
 
 
 10.8
%
 
 
8.5
%
 
 
12.5
%
 
 
7.7
%
Total
 
 
100.0
%
 
 
100.0
%
 
 
100.0
%
 
 
100.0
%
 
Revenue from Siemens for the three and nine months ended September 30, 2012 decreased due to the Company no longer incurring costs, and no longer charging Siemens for the facilitation of scanning services utilized by Siemens.

As of September 30, 2012, these three customers accounted for a significant portion of the Company's accounts receivable as follows (in thousands):

HP
 
$
902
 
IBM
 
 
708
 
Siemens
 
 
75
 
Total
 
$
1,685