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Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2021

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,
			2021				2020
Products and services
Software as a Service (SaaS)		$	2,775,706			$	2,238,419
Other subscription and support services			15,797				79,231
Equipment			36,266				783,793
Non-recurring services			21,000				-
Extended warranties on equipment			3,156				6,330
Other			10,616				7,499
		$	2,862,541			$	3,115,272
Timing of revenue recognition
Products transferred at a point in time		$	46,881			$	791,292
Services transferred over time			2,815,660				2,323,980
		$	2,862,541			$	3,115,272

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:

		Remainder
		2021				2022				2023				Total
Software as a Service (SaaS)		$	401,658			$	39,876			$	-			$	441,534
Other subscription and support services			7,180				4,493				1,581				13,254
Extended warranties on equipment			4,951				2,179				741				7,871
		$	413,789			$	46,548			$	2,322			$	462,659

Schedule of Earnings Per Share Basic and Diluted

The calculation of diluted net (loss) income per share excludes all anti-dilutive shares. In the periods of a net loss, all common stock equivalents are considered anti-dilutive.

		Three Months Ended
		March 31,
		2021				2020
Numerator:
Net (Loss) Income		$	(1,060,066	)		$	26,602
Denominator:
Weighted average common shares – Basic			18,515,550				16,153,549
Dilutive effect of equity incentive plans			-				1,000,312
Weighted average common shares – Diluted			18,515,550				17,153,861
Net (Loss) Income per share –
Basic		$	(0.06	)		$	0.00
Diluted		$	(0.06	)		$	0.00

Summary of Common Stock Equivalents Excluded from Loss Per Diluted Share

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

		Three Months Ended
		March 31,
		2021				2020
Stock options			527,424				-
Warrants			12,680				-
Restricted stock			405,576				-
Performance stock units			265,942				-
			1,211,622				-

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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=123351226&loc=SL49130545-203045

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-Section 50
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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.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
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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.

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-Publisher FASB
-Name Accounting Standards Codification
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