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Segment and Geographic Information
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment and Geographic Information

NOTE 16 – SEGMENT AND GEOGRAPHIC INFORMATION

The Company operates in two reportable segments: the design and manufacture of high-performance customized computers and flash arrays, in-flight entertainment & connectivity, and value-added reseller with minimal customization. The Company evaluates financial performance on a company-wide basis.

Segment detail for the years ended December 31, 2021 and 2020, is as follows:

 

 

 

For the Year Ended December 31, 2021

 

 

For the Year Ended December 31, 2020

 

 

 

OSS

 

 

Bressner

 

 

Total

 

 

OSS

 

 

Bressner

 

 

Total

 

Revenues

 

$

38,492,004

 

 

$

23,490,100

 

 

$

61,982,104

 

 

$

33,650,019

 

 

$

18,245,369

 

 

$

51,895,388

 

Cost of revenues

 

 

(24,272,292

)

 

 

(18,070,523

)

 

 

(42,342,815

)

 

 

(21,081,787

)

 

 

(14,378,987

)

 

 

(35,460,774

)

Gross profit

 

 

14,219,712

 

 

 

5,419,577

 

 

 

19,639,289

 

 

 

12,568,232

 

 

 

3,866,382

 

 

 

16,434,614

 

Gross profit %

 

 

36.9

%

 

 

23.1

%

 

 

31.7

%

 

 

37.3

%

 

 

21.2

%

 

 

31.7

%

Total operating expenses

 

 

(14,181,739

)

 

 

(3,710,523

)

 

 

(17,892,262

)

 

 

(13,129,857

)

 

 

(3,729,038

)

 

 

(16,858,895

)

Income (loss) from operations

 

$

37,973

 

 

$

1,709,054

 

 

$

1,747,027

 

 

$

(561,625

)

 

$

137,344

 

 

$

(424,281

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue from customers with non-U.S. billing addresses represented approximately 67% and 56% of the Company’s revenue for the years ended December 31, 2021 and 2020, respectively.

As of December 31, 2021, substantially all the Company’s long-lived assets were located in the United States of America, with the exception of assets of $159,234 located in Germany.