| Schedule of revenue is disaggregated by major product |
| Schedule of revenue is disaggregated by major product |
|
|
|
|
|
|
|
|
|
|
|
|
| For
the Year |
| Ended
December 31, 2021 |
| |
|
United
States |
|
International |
|
Total |
Cloud Infrastructure & Disaster Recovery |
|
$ |
7,105,892 |
|
|
$ |
97,354 |
|
|
$ |
7,203,246 |
|
| Equipment and Software |
|
|
2,080,463 |
|
|
|
— |
|
|
|
2,080,463 |
|
| Managed Services |
|
|
4,661,777 |
|
|
|
— |
|
|
|
4,661,777 |
|
| Nexxis Services |
|
|
772,344 |
|
|
|
— |
|
|
|
772,344 |
|
| Other |
|
|
158,397 |
|
|
|
— |
|
|
|
158,397 |
|
| Total
Revenue |
|
$ |
14,778,873 |
|
|
$ |
97,354 |
|
|
$ |
14,876,227 |
|
| For
the Year |
| Ended
December 31, 2020 |
| |
|
United
States |
|
International |
|
Total |
| Infrastructure
& Disaster Recovery/Cloud Service |
|
$ |
5,691,133 |
|
|
$ |
115,237 |
|
|
$ |
5,806,370 |
|
| Equipment
and Software |
|
|
2,074,911 |
|
|
|
— |
|
|
|
2,074,911 |
|
| Managed
Services |
|
|
380,701 |
|
|
|
— |
|
|
|
380,701 |
|
| Professional
Fees |
|
|
362,375 |
|
|
|
— |
|
|
|
362,375 |
|
| Nexxis
Services |
|
|
696,576 |
|
|
|
— |
|
|
|
696,576 |
|
| Total
Revenue |
|
$ |
9,205,696 |
|
|
$ |
115,237 |
|
|
$ |
9,320,933 |
|
| For
the Year |
| Ended
December 31, |
| Timing
of revenue recognition |
|
2021 |
|
2020 |
| Products transferred at a
point in time |
|
$ |
2,694,923 |
|
|
$ |
2,817,987 |
|
| Products and services
transferred over time |
|
|
12,181,304 |
|
|
|
6,502,946 |
|
| Total
Revenue |
|
$ |
14,876,227 |
|
|
$ |
9,320,933
|
|
|
| Schedule of Earning per share basic and dilute |
| Schedule of Earning per share basic and dilute |
|
|
|
|
|
|
|
|
| |
|
For
the Year Ended December 31, |
| |
|
2021 |
|
2020 |
| |
|
|
|
|
| Net Income Available to Common Shareholders |
|
$ |
204,161 |
|
|
$ |
55,339 |
|
| |
|
|
|
|
|
|
|
|
| Weighted average number of common shares – basic |
|
|
5,075,716 |
|
|
|
3,213,157 |
|
| Dilutive securities |
|
|
|
|
|
|
|
|
| Options |
|
|
229,825 |
|
|
|
149,520 |
|
| Warrants |
|
|
1,034,583 |
|
|
|
3,333 |
|
| Weighted average number of common shares
– diluted |
|
|
6,340,125 |
|
|
|
3,366,010 |
|
| |
|
|
|
|
|
|
|
|
| Earnings per share, basic |
|
$ |
0.04 |
|
|
$ |
0.02 |
|
| Earnings per share, diluted |
|
$ |
0.03 |
|
|
$ |
0.02 |
|
|