MAJOR CUSTOMERS

3 Months Ended

Mar. 31, 2016

MAJOR CUSTOMERS [Abstract]

MAJOR CUSTOMERS

Three customers, HP Enterprise Services (“HPE”), inclusive of its underlying customers, International Business Machines Corp. (“IBM”) and one other customer, accounted for a significant portion of the Company’s revenues as follows:

	% of Total Revenues  Three Months Ended  March 31,
	2016			2015
HPE Customer A		11.0	%		14.2	%
HPE Customer B		13.2			11.2
HPE Customer C		7.9			6.2
Total HPE		32.1	%		31.6	%
IBM		38.3			39.7
Other Major Customer		11.7			9.1
Total Major Customers		82.1	%		80.4	%
Others		17.9			19.6
Total		100.0	%		100.0	%

In November 2015, the Company was notified by HPE that one of its clients (HPE Customer A above) was terminating its contract with HPE effective February 23, 2016. Despite the Company’s efforts to negotiate a direct contractual agreement with this client, the client ultimately decided to terminate its use of the Company’s services as of that date.

As of March 31, 2016 and December 31, 2015, HPE and IBM, along with one other major customer, accounted for a significant portion of the Company’s accounts receivable as follows (in thousands):

	2016		2015
Total HPE	$	735	$	389
IBM		453		467
One Other Major Customer		208		224
Total	$	1,396	$	1,080