Another simpleton flawDid you also notice that simpletonquinn only quoted the December 2010 financial results?
Below is the same paragraph from the more recent 2011 Q1 results.
This is why he wouldn't quote the more recent information:
Devices and Appliances
Revenue from our devices (the MobiKEY Classic device and the MobiKEY Fusion device) and appliances (the DEFIMNET platform and the EnterpriseLIVE AG appliance) segment for the three months ended March 31, 2011 were $119,351, representing an increase of $72,836 or 157%, from $46,515 for the same period in the 2010. Devices and appliances revenue as a percentage of total revenue represents 8% of total revenue for the current period as compared to 5% for the prior period. The primary contributing factor to the increase in devices and appliances revenue for the three months ended March 31, 2011, was a one time sale of 750 replacement MobiKEY Classic devices to a U.S. government client.
Services
Revenue from our services segment (TruOFFICE application software, and the DEFIMNET platform and other appliance licensing or yearly maintenance) for the three months ended March 31, 2011, was
$1,297,834, representing an increase of $338,898 or 35%, from $958,940 for the same period in 2010.
Services revenue, as a percentage of total revenue, represented 92% for the current period as compared to 95% for the prior period. The increase in services revenue represents the continued growth in our
TruOFFICE application software subscriber base from the same period in 2010.