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Revenue, Segment and Geographic Information | 9 Months Ended
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Sep. 30, 2020
Segment Reporting [Abstract] |
Revenue, Segment and Geographic Information | NOTE 12 – REVENUE, SEGMENT AND GEOGRAPHIC INFORMATION The Company operates in two reportable segments: the design and manufacture of high-performance customized computers and flash arrays, which is inclusive of in-flight entertainment & connectivity, and value-added reseller with minimal customization. The Company evaluates financial performance on a company-wide basis. As of June 1, 2020, CDI’s operations became fully integrated and combined with the operation of OSS’ core business operations located in Escondido, California. It is the Company’s intention to dissolve CDI as a standalone entity upon resolution of certain outstanding items. Segment detail for the three and nine month periods ended September 30, 2020 and 2019 is as follows:
|  | For The Three Month Ended September 30, 2020 |  |  | For The Three Month Ended September 30, 2019 |
|  | OSS |  |  | Bressner |  |  | Total |  |  | OSS |  |  | Bressner |  |  | Total |
Revenues |  | $ | 8,976,539 |  |  | $ | 3,999,519 |  |  | $ | 12,976,058 |  |  | $ | 9,735,630 |  |  | $ | 5,203,334 |  |  | $ | 14,938,964 |
Cost of revenues |  |  | (4,976,063 | ) |  |  | (3,098,382 | ) |  |  | (8,074,445 | ) |  |  | (5,937,592 | ) |  |  | (3,971,453 | ) |  |  | (9,909,045 | )
Gross profit |  |  | 4,000,476 |  |  |  | 901,137 |  |  |  | 4,901,613 |  |  |  | 3,798,038 |  |  |  | 1,231,881 |  |  |  | 5,029,919 |
Gross margin % |  |  | 44.6 | % |  |  | 22.5 | % |  |  | 37.8 | % |  |  | 39.0 | % |  |  | 23.7 | % |  |  | 33.7 | %
Total operating expenses |  |  | 3,052,949 |  |  |  | 869,222 |  |  |  | 3,922,171 |  |  |  | 3,730,788 |  |  |  | 879,574 |  |  |  | 4,610,362 |
Income from operations |  | $ | 947,527 |  |  | $ | 31,915 |  |  | $ | 979,442 |  |  | $ | 67,250 |  |  | $ | 352,307 |  |  | $ | 419,557 |
|  | For The Nine Month Ended September 30, 2020 |  |  | For The Nine Month Ended September 30, 2019 |
|  | OSS |  |  | Bressner |  |  | Total |  |  | OSS |  |  | Bressner |  |  | Total |
Revenues |  | $ | 24,722,066 |  |  | $ | 13,238,957 |  |  | $ | 37,961,023 |  |  | $ | 26,167,536 |  |  | $ | 13,715,563 |  |  | $ | 39,883,099 |
Cost of revenues |  |  | (15,899,150 | ) |  |  | (10,439,377 | ) |  |  | (26,338,527 | ) |  |  | (16,442,130 | ) |  |  | (10,586,269 | ) |  |  | (27,028,399 | )
Gross profit |  |  | 8,822,916 |  |  |  | 2,799,580 |  |  |  | 11,622,496 |  |  |  | 9,725,406 |  |  |  | 3,129,294 |  |  |  | 12,854,700 |
Gross profit % |  |  | 35.7 | % |  |  | 21.1 | % |  |  | 30.6 | % |  |  | 37.2 | % |  |  | 22.8 | % |  |  | 32.2 | %
Total operating expenses |  |  | 9,883,997 |  |  |  | 2,676,097 |  |  |  | 12,560,094 |  |  |  | 12,703,649 |  |  |  | 2,744,182 |  |  |  | 15,447,831 |
Income (loss) from operations |  | $ | (1,061,081 | ) |  | $ | 123,483 |  |  | $ | (937,598 | ) |  | $ | (2,978,243 | ) |  | $ | 385,112 |  |  | $ | (2,593,131 | )
Revenue from customers with non-U.S. billing addresses represented approximately 35% and 60% and 44% and 63% respective of the Company’s revenue during the three and nine month periods ended September 30, 2020 and 2019, respectively. As of September 30, 2020, substantially all the Company’s long-lived assets were located in the United States of America with the exception of assets of $219,627 located in Germany.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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