XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.21.1

Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Accounting Policies [Abstract] |
Schedule of Disaggregation of Revenue | In the following tables, revenue is disaggregated by product and service and the timing of revenue recognition. The table also includes a reconciliation of the disaggregated revenue.
|  | For the Years Ended December 31, |
|  | 2020 |  |  | 2019 |
Products and services |  |  |  |  |  |  |  |
Software as a Service (SaaS) |  | $ | 9,372,856 |  |  | $ | 6,102,280 |
Other subscription and support services |  |  | 199,302 |  |  |  | 682,325 |
Equipment |  |  | 1,045,021 |  |  |  | 480,304 |
Non-recurring services |  |  | 77,950 |  |  |  | 330,895 |
Extended warranties on equipment |  |  | 20,668 |  |  |  | 59,146 |
Other |  |  | 18,712 |  |  |  | 8,708 |
|  | $ | 10,734,509 |  |  | $ | 7,663,658 |
Timing of revenue recognition |  |  |  |  |  |  |  |
Products transferred at a point in time |  | $ | 1,063,733 |  |  | $ | 489,012 |
Services transferred over time |  |  | 9,670,776 |  |  |  | 7,174,646 |
|  | $ | 10,734,509 |  |  | $ | 7,663,658 |
Schedule of Revenue 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:
|  | 2021 |  |  | 2022 |  |  | 2023 |  |  | Total |
Software as a Service (SaaS) |  | $ | 382,238 |  |  | $ | - |  |  | $ | - |  |  | $ | 382,238 |
Other subscription and support services |  |  | 12,438 |  |  |  | 4,370 |  |  |  | 1,463 |  |  |  | 18,271 |
Extended warranties on equipment |  |  | 8,106 |  |  |  | 2,145 |  |  |  | 684 |  |  |  | 10,935 |
|  | $ | 402,782 |  |  | $ | 6,515 |  |  | $ | 2,147 |  |  | $ | 411,444 |
Schedule of Earnings Per Share Basic and Diluted | The calculation of diluted net income (loss) per share excludes all anti-dilutive shares. All shares were considered anti-dilutive due to the net income (loss) for each of the respective years ended.
|  | Years Ended |
|  | December 31, |
|  | 2020 |  |  | 2019 |
Numerator: |  |  |  |  |  |  |  |
Net Income (Loss) |  | $ | 558,397 |  |  | $ | (2,548,711 | )
Denominator: |  |  |  |  |  |  |  |
Weighted average common shares – Basic |  |  | 17,324,150 |  |  |  | 15,792,470 |
Dilutive effect of equity incentive plans |  |  | 696,716 |  |  |  | - |
Weighted average common shares – Diluted |  |  | 18,020,866 |  |  |  | 15,792,470 |
Net Income (Loss) per share – |  |  |  |  |  |  |  |
Basic |  | $ | 0.03 |  |  | $ | (0.16 | )
Diluted |  | $ | 0.03 |  |  | $ | (0.16 | )
Summary of Common Stock Equivalents Excluded from Loss Per Diluted Share | The following table summarizes the common stock equivalents excluded from income (loss) per diluted share because their effect would be anti-dilutive:
|  | 2020 |  |  | 2019 |
Stock options |  |  | - |  |  |  | 1,436,623 |
Warrants |  |  | - |  |  |  | 63,430 |
Restricted stock |  |  | - |  |  |  | 2,670 |
Performance stock units |  |  | - |  |  |  | - |
Total |  |  |  |  |  |  | 1,502,723 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration