| Schedule of revenue is disaggregated by major product |
| Schedule of revenue is disaggregated by major product |
|
|
|
|
|
|
|
|
|
|
|
|
| For the Three Months |
| Ended September 30, 2021 |
| |
|
United States |
|
International |
|
Total |
| Infrastructure & Disaster Recovery/Cloud Service |
|
$ |
1,799,488 |
|
|
$ |
27,567 |
|
|
$ |
1,827,055 |
|
| Equipment and Software |
|
|
316,107 |
|
|
|
— |
|
|
|
316,107 |
|
| Managed Services |
|
|
1,472,261 |
|
|
|
— |
|
|
|
1,472,261 |
|
| Nexxis VoIP Services |
|
|
210,445 |
|
|
|
— |
|
|
|
210,445 |
|
| Other |
|
|
34,390 |
|
|
|
— |
|
|
|
34,390 |
|
| Total Revenue |
|
$ |
3,832,691 |
|
|
$ |
27,567 |
|
|
$ |
3,860,258 |
|
| For the Three Months |
| Ended September 30, 2020 |
| |
|
United States |
|
International |
|
Total |
| Infrastructure & Disaster Recovery/Cloud Service |
|
$ |
1,416,847 |
|
|
$ |
20,551 |
|
|
$ |
1,437,398 |
|
| Equipment and Software |
|
|
936,344 |
|
|
|
— |
|
|
|
936,344 |
|
| Managed Services |
|
|
169,565 |
|
|
|
— |
|
|
|
169,565 |
|
| Nexxis VoIP Services |
|
|
180,225 |
|
|
|
— |
|
|
|
180,225 |
|
| Total Revenue |
|
$ |
2,702,981 |
|
|
$ |
20,551 |
|
|
$ |
2,723,532 |
|
| For the Three Months |
| Ended September 30, |
| Timing of revenue recognition |
|
2021 |
|
2020 |
| Products transferred at a point in time |
|
$ |
754,438 |
|
|
$ |
936,344 |
|
| Products and services transferred over time |
|
|
3,105,820 |
|
|
|
1,787,188 |
|
| Total Revenue |
|
$ |
3,860,258 |
|
|
$ |
2,723,532 |
|
| For the Nine Months |
| Ended September 30, 2021 |
| |
|
United States |
|
International |
|
Total |
| Infrastructure & Disaster Recovery/Cloud Service |
|
$ |
5,115,212 |
|
|
$ |
97,354 |
|
|
$ |
5,212,566 |
|
| Equipment and Software |
|
|
1,541,441 |
|
|
|
— |
|
|
|
1,541,441 |
|
| Managed Services |
|
|
2,508,515 |
|
|
|
— |
|
|
|
2,508,515 |
|
| Nexxis VoIP Services |
|
|
588,889 |
|
|
|
— |
|
|
|
588,889 |
|
| Other |
|
|
111,787 |
|
|
|
— |
|
|
|
111,787 |
|
| Total Revenue |
|
$ |
9,865,844 |
|
|
$ |
97,354 |
|
|
$ |
9,963,198 |
|
| For the Nine Months |
| Ended September 30, 2020 |
| |
|
United States |
|
International |
|
Total |
| Infrastructure & Disaster Recovery/Cloud Service |
|
$ |
4,133,213 |
|
|
$ |
107,583 |
|
|
$ |
4,240,796 |
|
| Equipment and Software |
|
|
1,544,786 |
|
|
|
— |
|
|
|
1,544,786 |
|
| Managed Services |
|
|
557,515 |
|
|
|
— |
|
|
|
557,515 |
|
| Nexxis VoIP Services |
|
|
484,770 |
|
|
|
— |
|
|
|
484,770 |
|
| Total Revenue |
|
$ |
6,720,284 |
|
|
$ |
107,583 |
|
|
$ |
6,827,867 |
|
| For the Nine Months |
| Ended September 30, |
| Timing of revenue recognition |
|
2021 |
|
2020 |
| Products transferred at a point in time |
|
$ |
2,230,873 |
|
|
$ |
1,544,786 |
|
| Products and services transferred over time |
|
|
7,732,325 |
|
|
|
5,283,081 |
|
| Total Revenue |
|
$ |
9,963,198 |
|
|
$ |
6,827,867 |
|
|
| Schedule of Earning per share basic and dilute |
| Schedule of Earning per share basic and dilute |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the Three Months Ended September 30, |
|
For the Nine Months Ended September 30, |
| |
|
2021 |
|
2020 |
|
2021 |
|
2020 |
| |
|
|
|
|
|
|
|
|
| Net Income Available to Common Shareholders |
|
$ |
135,630 |
|
|
$ |
9,568 |
|
|
$ |
213,159 |
|
|
$ |
96,677 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average number of common shares – basic |
|
|
6,350,826 |
|
|
|
3,213,485 |
|
|
|
4,530,188 |
|
|
|
3,212,821 |
|
| Dilutive securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options |
|
|
128,418 |
|
|
|
166,681 |
|
|
|
187,025 |
|
|
|
149,520 |
|
| Warrants |
|
|
3,333 |
|
|
|
3,333 |
|
|
|
3,333 |
|
|
|
3,333 |
|
| Weighted average number of common shares – diluted |
|
|
6,482,577 |
|
|
|
3,383,499 |
|
|
|
4,720,546 |
|
|
|
3,365,675 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Earnings per share, basic |
|
$ |
0.02 |
|
|
$ |
0.00 |
|
|
$ |
0.05 |
|
|
$ |
0.03 |
|
| Earnings per share, diluted |
|
$ |
0.02 |
|
|
$ |
0.00 |
|
|
$ |
0.05 |
|
|
$ |
0.03 |
|
|