| Schedule of revenue is disaggregated by major product |
| Schedule of revenue is disaggregated by major product |
|
|
|
|
|
|
|
|
|
|
|
|
| For the Three Months |
| Ended March 31, 2023 |
| |
|
United
States |
|
International |
|
Total |
| Infrastructure &
Disaster Recovery/Cloud Service |
|
$ |
2,137,317 |
|
|
$ |
52,324 |
|
|
$ |
2,189,641 |
|
| Equipment and Software |
|
|
3,522,559 |
|
|
|
— |
|
|
|
3,522,559 |
|
| Managed Services |
|
|
858,660 |
|
|
|
35,107 |
|
|
|
893,767 |
|
| Nexxis VoIP Services |
|
|
231,772 |
|
|
|
— |
|
|
|
231,772 |
|
| Other |
|
|
41,984 |
|
|
|
— |
|
|
|
41,984 |
|
| Total Revenue |
|
$ |
6,792,292 |
|
|
$ |
87,431 |
|
|
$ |
6,879,723 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| For the Three Months |
| Ended March 31, 2022 |
| |
|
United
States |
|
International |
|
Total |
| Infrastructure
& Disaster Recovery/Cloud Service |
|
$ |
1,888,387 |
|
|
$ |
37,463 |
|
|
$ |
1,925,850 |
|
| Equipment
and Software |
|
|
5,319,459 |
|
|
|
— |
|
|
|
5,319,459 |
|
| Managed
Services |
|
|
1,149,503 |
|
|
|
33,307 |
|
|
|
1,182,810 |
|
| Nexxis
VoIP Services |
|
|
194,934 |
|
|
|
— |
|
|
|
194,934 |
|
| Other |
|
|
34,146 |
|
|
|
— |
|
|
|
34,146 |
|
| Total
Revenue |
|
$ |
8,586,429 |
|
|
$ |
70,770 |
|
|
$ |
8,657,199
|
|
| For
the Three Months |
| Ended
March 31, |
| Timing
of revenue recognition |
|
2023 |
|
2022 |
| Products transferred
at a point in time |
|
$ |
3,564,543 |
|
|
$ |
5,402,996 |
|
| Products and services transferred
over time |
|
|
3,315,180 |
|
|
|
3,254,203 |
|
| Total
Revenue |
|
$ |
6,879,723 |
|
|
$ |
8,657,199 |
|
|
| Schedule of Earning per share basic and diluted |
| Schedule of Earning per share basic and diluted |
|
|
|
|
|
|
|
|
| |
|
Three
Months Ended March 31, |
| |
|
2023 |
|
2022 |
| |
|
|
|
|
| Net Income Available to Common
Shareholders |
|
$ |
50,666 |
|
|
$ |
156,010 |
|
| |
|
|
|
|
|
|
|
|
| Weighted average number of common shares - basic |
|
|
6,822,127 |
|
|
|
6,695,966 |
|
| Dilutive securities |
|
|
|
|
|
|
|
|
| Options |
|
|
130,526 |
|
|
|
256,601 |
|
| Warrants |
|
|
1,667 |
|
|
|
3,333 |
|
| Weighted average number of common shares - diluted |
|
|
6,954,320 |
|
|
|
6,955,900 |
|
| |
|
|
|
|
|
|
|
|
| Earnings per share, basic |
|
$ |
0.01 |
|
|
$ |
0.02 |
|
| Earnings per share, diluted |
|
$ |
0.01 |
|
|
$ |
0.02
|
|
|
| Schedule of anti-dilutive income (loss) per share |
| Schedule of anti-dilutive income (loss) per share |
|
|
|
|
|
|
|
|
|
| |
|
Three Months ended
March 31, |
| |
|
2023 |
|
2022 |
| Options |
|
|
|
385,257 |
|
|
|
37,641 |
|
| Warrants |
|
|
|
2,415,860 |
|
|
|
1,384,610 |
|
| |
|
|
|
2,801,117 |
|
|
|
1,422,251 |
|
|