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Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2018

Accounting Policies [Abstract]

Schedule of Disaggregation of Revenue

The table also includes a reconciliation of the disaggregated revenue.

		For the Three Months Ended September 30,
		2018				2017
Products and services
Hosted subscription services		$	491,822			$	468,585
Licensing			364,688				327,106
Equipment			110,291				86,477
Non-recurring Services			41,638				34,808
Extended warranties on equipment			29,683				44,317
Other			1,459				5,397
		$	1,039,581			$	966,690
Timing of revenue recognition
Products transferred at a point in time		$	111,750			$	91,874
Services transferred over time			927,831				874,816
		$	1,039,581			$	966,690

		For the Nine Months Ended September 30,
		2018				2017
Products and services
Hosted subscription services		$	1,604,081			$	1,052,940
Licensing			1,036,684				937,242
Equipment			292,748				388,514
Non-recurring Services			113,575				183,497
Extended warranties on equipment			36,790				52,670
Other			19,183				15,821
		$	3,103,061			$	2,630,684
Timing of revenue recognition
Products transferred at a point in time		$	311,931			$	404,335
Services transferred over time			2,791,130				2,226,349
		$	3,103,061			$	2,630,684

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		$	83,155			$	145,102			$	-			$	228,257
Licensing		$	224,947			$	231,854			$	4,327			$	461,128
Non-recurring services		$	881				-				-			$	881
Extended warranties on equipment		$	23,216			$	56,349			$	24,125			$	103,690

Schedule of Earnings Per Share Basic and Diluted

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

		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2018				2017				2018				2017
Numerator:
Net Loss		$	(1,131,219	)		$	(1,074,845	)		$	(3,299,551	)		$	(3,110,155	)
Denominator:
Weighted average common shares – Basic/Diluted			15,631,818				13,167,955				15,510,115				11,565,340
Net Loss per share – Basic/Diluted		$	(0.07	)		$	(0.08	)		$	(0.21	)		$	(0.27	)

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 due to the net loss:

		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2018				2017				2018				2017
Stock options			1,074,332				1,651,420				1,074,332				1,651,420
Warrants			471,801				471,801				471,801				471,801
Restricted stock			6,569				29,377				6,569				29,377
			1,552,702				2,152,598				1,552,702				2,152,598

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