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Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue

The table also includes a reconciliation of the disaggregated revenue.

 

    For the Three Months Ended March 31,  
    2018     2017  
Products and services                
                 
Hosted subscription services   $ 192,982     $ 211,713  
Licensing     690,315       384,791  
Equipment     121,913       68,510  
Non-recurring Services     44,649       39,091  
Extended warranties on equipment     3,500       4,305  
Other     8,703       4,250  
    $ 1,062,062     $ 712,660  
                 
Timing of revenue recognition                
                 
Products transferred at a point in time   $ 130,616     $ 72,760  
Services transferred over time     931,446       639,900  
    $ 1,062,062     $ 712,660

Schedule of Performance Obligation

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period:

 

    2018     2019     Thereafter     Total  
                         
Hosted subscription services   $ 391,038       85,409       13,368     $ 489,815  
                                 
Licensing   $ 344,092       30,298       1,298     $ 375,688  
                                 
Extended warranties on equipment   $ 9,640       9,736       8,132     $ 27,508

Schedule of Earnings Per Share Basic and Diluted

The calculation of diluted net loss per share excludes all anti-dilutive shares.

 

   

Three Months Ended

March 31,

 
    2018     2017  
Numerator:                
Net loss   $ (1,067,957 )   $ (936,757 )
                 
Denominator:                
Weighted average common shares – Basic/Diluted     15,271,213       10,731,856  
                 
Net loss per share – Basic/Diluted   $ (0.07 )   $ (0.09 )

Summary of Common Stock Equivalents Excluded from Loss Per Diluted Share

The following table summarizes the common stock equivalents excluded from loss per diluted share because their effect would be anti-dilutive to the net loss:

 

   

Three Months Ended

March 31,

 
    2018     2017  
Stock options     1,129,020       1,652,920  
Warrants     471,801       528,801  
Restricted stock units     16,296       8,429  
      1,617,117       2,190,150