Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES

v3.23.2
COMMITMENTS AND CONTINGENCIES
 6 Months Ended
Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

NOTE 7. COMMITMENTS AND CONTINGENCIES

Concentration of risk. We are exposed to risks associated with clients who represent a significant portion of total revenues. For the six months ended June 30, 2023 and 2022, respectively, we had the following client concentrations:

 

 

 

Location

 

Six Months Ended June 30, 2023
Revenue

 

 

Six Months Ended June 30, 2022
Revenue

 

 

Accounts
Receivable
June 30, 2023

 

 

Accounts
Receivable
December 31, 2022

 

Client A

 

Europe

 

 

21.0

%

 

 

27.8

%

 

$

1,062,830

 

 

$

552,493

 

Client B

 

North America

 

 

17.8

%

 

 

1.6

%

 

$

697,100

 

 

$

132,500

 

Client C

 

North America

 

 

6.6

%

 

 

8.7

%

 

$

116,381

 

 

$

414,234

 

Legal proceedings. In the ordinary course of conducting our business, we are, from time to time, involved in various legal proceedings, administrative proceedings, regulatory government investigations and other matters, including those in which we are a plaintiff or defendant, that are complex in nature and have outcomes that are difficult to predict. There are no current or threatened legal proceedings against the Company.