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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 6 Months Ended
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Jun. 30, 2021
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. SCHEDULE OF DISAGGREGATION OF REVENUE
|  | 2021 |  |  | 2020 |
|  | For the Three Months Ended June 30, |
|  | 2021 |  |  | 2020 |
Products and services |  |  |  |  |  |  |  |
Software as a Service (SaaS) |  | $ | 3,233,610 |  |  | $ | 1,671,350 |
Other subscription and support services |  |  | 3,510 |  |  |  | 70,703 |
Equipment |  |  | 1,425,382 |  |  |  | 51,754 |
Non-recurring services |  |  | 32,200 |  |  |  | 41,450 |
Extended warranties on equipment |  |  | 2,448 |  |  |  | 5,845 |
Other |  |  | 99,991 |  |  |  | 1,093 |
|  | $ | 4,797,141 |  |  | $ | 1,842,195 |
Timing of revenue recognition |  |  |  |  |  |  |  |
Products transferred at a point in time |  | $ | 1,525,373 |  |  | $ | 52,847 |
Services transferred over time |  |  | 3,271,768 |  |  |  | 1,789,348 |
|  | $ | 4,797,141 |  |  | $ | 1,842,195 |
|  | 2021 |  |  | 2020 |
|  | For the Six Months Ended June 30, |
|  | 2021 |  |  | 2020 |
Products and services |  |  |  |  |  |  |  |
Software as a Service (SaaS) |  | $ | 6,009,317 |  |  | $ | 3,909,769 |
Other subscription and support services |  |  | 19,307 |  |  |  | 149,934 |
Equipment |  |  | 1,461,648 |  |  |  | 835,547 |
Non-recurring services |  |  | 53,200 |  |  |  | 41,450 |
Extended warranties on equipment |  |  | 5,604 |  |  |  | 12,175 |
Other |  |  | 110,606 |  |  |  | 8,592 |
|  | $ | 7,659,682 |  |  | $ | 4,957,467 |
Timing of revenue recognition |  |  |  |  |  |  |  |
Products transferred at a point in time |  | $ | 1,572,253 |  |  | $ | 844,139 |
Services transferred over time |  |  | 6,087,429 |  |  |  | 4,113,328 |
Revenues |  | $ | 7,659,682 |  |  | $ | 4,957,467 |
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: SCHEDULE OF REVENUE PERFORMANCE OBLIGATION
|  | Remainder |  |  |  |  |  |  |  |  |  |
|  | 2021 |  |  | 2022 |  |  | 2023 |  |  | Total |
Software as a Service (SaaS) |  | $ | 414,351 |  |  | $ | 112,615 |  |  | $ | - |  |  | $ | 526,966 |
Other subscription and support services |  |  | 5,780 |  |  |  | 5,507 |  |  |  | 1,985 |  |  |  | 13,272 |
Extended warranties on equipment |  |  | 2,502 |  |  |  | 2,256 |  |  |  | 930 |  |  |  | 5,688 |
|  | $ | 422,633 |  |  | $ | 120,378 |  |  | $ | 2,915 |  |  | $ | 545,926 |
SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED | SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net Loss |  | $ | (737,785 | ) |  | $ | (760,273 | ) |  | $ | (1,797,851 | ) |  | $ | (733,671 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares – |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic/Diluted |  |  | 18,708,409 |  |  |  | 16,377,539 |  |  |  | 18,612,512 |  |  |  | 16,265,544 |
Net Loss per share – |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic/Diluted |  | $ | (0.04 | ) |  | $ | (0.05 | ) |  | $ | (0.10 | ) |  | $ | (0.05 | )
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: SUMMARY OF COMMON STOCK EQUIVALENTS EXCLUDED FROM LOSS PER DILUTED SHARE
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Stock options |  |  | 502,424 |  |  |  | 1,263,257 |  |  |  | 502,424 |  |  |  | 1,263,257 |
Warrants |  |  | - |  |  |  | 13,430 |  |  |  | - |  |  |  | 13,430 |
Restricted stock |  |  | 409,765 |  |  |  | 7,284 |  |  |  | 409,765 |  |  |  | 7,284 |
Performance stock units |  |  | 233,848 |  |  |  | - |  |  |  | 233,848 |  |  |  | - |
Antidilutive securities excluded from computation of earnings per share amount |  |  | 1,146,037 |  |  |  | 1,283,971 |  |  |  | 1,146,037 |  |  |  | 1,283,971 |

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