|
Concentration
of Revenues, Accounts Receivable and Costs and Expenses
For the
three months ended March 31, 2012 and 2011, the Company had significant customers with individual percentage of total revenues
equaling 10% or greater as follows:
| |
|
For
the Three |
|
|
For
the Three |
|
| |
|
Months
Ended |
|
|
Months
Ended |
|
| |
|
March
31, 2012 |
|
|
March
31, 2011 |
|
| |
|
|
|
|
|
|
|
|
| Customer
1 |
|
|
45.4 |
% |
|
|
47.0 |
% |
| Customer
2 |
|
|
19.6 |
% |
|
|
- |
|
| Totals |
|
|
65.0 |
% |
|
|
47.0 |
% |
At March 31, 2012 and December 31, 2011, concentration of accounts receivable
with significant customers representing 10% or greater of accounts receivable was as follows:
| |
|
March
31,
2012
|
|
|
December
31,
2011
|
|
| |
|
|
|
|
|
|
|
|
| Customer
1 |
|
|
49.5 |
% |
|
|
53.4 |
% |
| Customer
2 |
|
|
27.8 |
% |
|
|
17.3 |
% |
| Totals |
|
|
77.3 |
% |
|
|
70.7 |
% |
For the three months ended March 31, 2012 and 2011, the Company had significant
vendors representing 10% or greater of cost and expense as follows:
| |
|
For
the Three |
|
|
For
the Three |
|
| |
|
Months
Ended |
|
|
Months
Ended |
|
| |
|
March
31, 2012 |
|
|
March
31, 2011 |
|
| |
|
|
|
|
|
|
|
|
| Vendor
1 |
|
|
16.8 |
% |
|
|
37.5 |
% |
| Totals |
|
|
16.8 |
% |
|
|
37.5 |
% |
|