Accounts Receivable Project Revenue and Reimbursable Project Costs |
12 Months Ended |
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Dec. 31, 2017 | |
Notes to Financial Statements | |
Note 3. Accounts Receivable – Project Revenue and Reimbursable Project Costs |
Consulting Projects
The total accounts receivable from the Federal Authority for Nuclear Regulation (FANR) and Emirates Nuclear Energy Corporation (ENEC) contracts was approximately $10,000 and $310,000 at December 31, 2016. These amounts due from ENEC represent approximately 100% and 80% of the accounts receivable reported at December 31, 2017 and 2016, respectively.
Travel costs and other reimbursable costs under these contracts are reported in the accompanying statement of operations as both revenue and cost of consulting services provided and were not significant for the years ended December 31, 2017 and 2016. The total travel and other reimbursable expenses that have not been reimbursed to us and are included in total accounts receivable reported above from our consulting contracts was not significant at December 31, 2017 and 2016. |