XML 31 R19.htm IDEA: XBRL DOCUMENT v3.20.2
General (Tables)
9 Months Ended
Sep. 30, 2020
Accounting Policies [Abstract]  
Schedule of Remaining Performance Obligations Expected to be Recognized

The remaining performance obligations expected to be recognized through 2022 are as follows:

 

    2020     2021     2022     Total  
Remaining performance obligations related to engineering only paid contracts   $ 24,000     $ 2,287,000     $ 559,000     $ 2,870,000  
Remaining performance obligations related to partial equipment paid contracts     3,453,000       1,761,000       114,000     $ 5,328,000  
Total remaining performance obligations   $ 3,477,000     $ 4,048,000     $ 673,000     $ 8,198,000  

Schedule of Revenue by Source

The following table sets forth the Company’s revenue by source:

 

    For the Three Months Ended September 30,     For the Nine Months Ended September 30,  
    2020     2019     2020     2019  
Equipment and systems sales   $ 1,481,961     $ 5,103,984     $ 4,575,855     $ 10,344,788  
Engineering and other services     114,160       355,475       402,837       951,270  
Shipping and handling     38,548       64,646       148,326       209,670  
Total revenue   $ 1,634,669     $ 5,524,105     $ 5,127,018     $ 11,505,728  

Schedule of Share-based Compensation Costs

The following is a summary of share-based compensation expenses included in the condensed consolidated statements of operations for the three and nine months ended September 30, 2020 and 2019:

 

    For the Three Months Ended September 30,     For the Nine Months Ended September 30,  
    2020     2019     2020     2019  
Share-based compensation expense included in:                                
Cost of revenue   $ 6,833     $ 2,801     $ 23,949     $ 7,964  
Advertising and marketing expenses     2,500       840       7,500       2,520  
Product development costs     5,444       420       16,332       1,260  
Selling, general and administrative expenses     41,221       108,892       306,448       664,219  
Total share-based compensation expense included in consolidated statement of operations   $ 55,998     $ 112,953     $ 354,229     $ 675,963