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Revenue, Segment and Geographic Information | 6 Months Ended
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Jun. 30, 2023
Segment Reporting [Abstract] |
Revenue, Segment and Geographic Information | NOTE 12 – REVENUE, SEGMENT AND GEOGRAPHIC INFORMATION The Company operates in two reportable segments: (i) the design and manufacture of high-performance customized computers and flash arrays, in-flight entertainment and connectivity, which we refer to as “OSS Classic,” and (ii) our subsidiary, OSS Europe, which operates as a value-added reseller with minimal product customization. The Company evaluates financial performance on a company-wide basis. Segment details for the three and six month periods ended June 30, 2023 and 2022, were as follows:
|  | For the Three Months Ended June 30, 2023 |  |  | For the Three Months Ended June 30, 2022 |
|  | OSS Classic |  |  | OSS Europe |  |  | Total |  |  | OSS Classic |  |  | OSS Europe |  |  | Total |
Revenues |  | $ | 8,278,096 |  |  | $ | 8,933,436 |  |  | $ | 17,211,532 |  |  | $ | 10,715,361 |  |  | $ | 7,587,982 |  |  | $ | 18,303,343 |
Cost of revenues |  |  | (5,863,974 | ) |  |  | (6,549,620 | ) |  |  | (12,413,594 | ) |  |  | (7,180,343 | ) |  |  | (5,922,682 | ) |  |  | (13,103,025 | )
Gross profit |  |  | 2,414,122 |  |  |  | 2,383,816 |  |  |  | 4,797,938 |  |  |  | 3,535,018 |  |  |  | 1,665,300 |  |  |  | 5,200,318 |
Gross margin % |  | 29.2% |  |  | 26.7% |  |  | 27.9% |  |  | 33.0% |  |  | 21.9% |  |  | 28.4% |
Total operating expenses |  |  | (7,238,984 | ) |  |  | (972,511 | ) |  |  | (8,211,495 | ) |  |  | (3,876,028 | ) |  |  | (922,367 | ) |  |  | (4,798,395 | )
(Loss) income from operations |  | $ | (4,824,862 | ) |  | $ | 1,411,305 |  |  | $ | (3,413,557 | ) |  | $ | (341,010 | ) |  | $ | 742,933 |  |  | $ | 401,923 |
|  | For the Six Months Ended June 30, 2023 |  |  | For the Six Months Ended June 30, 2022 |
|  | OSS Classic |  |  | OSS Europe |  |  | Total |  |  | OSS Classic |  |  | OSS Europe |  |  | Total |
Revenues |  | $ | 16,908,682 |  |  | $ | 17,084,744 |  |  | $ | 33,993,426 |  |  | $ | 21,297,403 |  |  | $ | 14,058,617 |  |  | $ | 35,356,020 |
Cost of revenues |  |  | (11,365,683 | ) |  |  | (12,759,043 | ) |  |  | (24,124,726 | ) |  |  | (13,982,054 | ) |  |  | (11,032,993 | ) |  |  | (25,015,047 | )
Gross profit |  |  | 5,542,999 |  |  |  | 4,325,701 |  |  |  | 9,868,700 |  |  |  | 7,315,349 |  |  |  | 3,025,624 |  |  |  | 10,340,973 |
Gross profit % |  | 32.8% |  |  | 25.3% |  |  | 29.0% |  |  | 34.3% |  |  | 21.5% |  |  | 29.2% |
Total operating expenses |  |  | (11,477,078 | ) |  |  | (2,001,527 | ) |  |  | (13,478,605 | ) |  |  | (7,504,643 | ) |  |  | (1,784,275 | ) |  |  | (9,288,918 | )
(Loss) income from operations |  | $ | (5,934,079 | ) |  | $ | 2,324,174 |  |  | $ | (3,609,905 | ) |  | $ | (189,294 | ) |  | $ | 1,241,349 |  |  | $ | 1,052,055 |
Revenue from customers with non-U.S. billing addresses represented approximately 75% and 78% of the Company’s revenue during the three month periods ended June 30, 2023 and 2022, respectively, and 67% and 74% of the Company’s revenue during the six month periods ended June 30, 2023 and 2022, respectively. As of June 30, 2023, substantially all the Company’s long-lived assets are located in the United States of America, with the exception of assets of $247,781 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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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