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Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2020
Accounting Policies [Abstract] |
Schedule of Changes in Contract Assets and Liabilities | The following table present changes in our contract assets and liabilities during the six months ended June 30, 2020 and 2019:
|  | Balance at Beginning of Period |  |  | Addition from acquisition (Note 6) |  |  | Revenue Recognized in Advance of Billings |  |  | Billings |  |  | Balance at End of Period |
Six months ended June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract assets: Accounts receivable, unbilled |  | $ | 23,371 |  |  | $ | 276,023 |  |  | $ | 208,404 |  |  | $ | (57,558 | ) |  | $ | 450,240 |
Six months ended June 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract assets: Accounts receivable, unbilled |  | $ | 65,118 |  |  | $ | - |  |  | $ | 98,154 |  |  | $ | (117,965 | ) |  | $ | 45,307 |
|  | Balance at Beginning of Period |  |  | Addition from acquisition (Note 6) |  |  | Billings |  |  | Recognized Revenue |  |  | Balance at End of Period |
Six months ended June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract liabilities: Deferred revenue |  | $ | 754,073 |  |  | $ | 195,448 |  |  | $ | 1,482,894 |  |  | $ | (1,520,617 | ) |  | $ | 911,798 |
Six months ended June 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract liabilities: Deferred revenue |  | $ | 723,619 |  |  | $ | - |  |  | $ | 1,355,267 |  |  | $ | (1,490,916 | ) |  | $ | 587,970 |
Schedule of Segment Information | Information by operating segment is as follows:
|  | Three months ended June 30, 2020 |  |  | Three months ended June 30, 2019 |
Revenues |  |  |  |  |  |  |  |
Document Management |  | $ | 622,865 |  |  | $ | 624,845 |
Document Conversion |  |  | 1,213,317 |  |  |  | 15,763 |
Total revenues |  | $ | 1,836,182 |  |  | $ | 640,608 |
Gross profit |  |  |  |  |  |  |  |
Document Management |  | $ | 486,127 |  |  | $ | 522,153 |
Document Conversion |  |  | 685,266 |  |  |  | (11,649 | )
Total gross profit |  | $ | 1,171,393 |  |  | $ | 510,504 |
Capital additions, net |  |  |  |  |  |  |  |
Document Management |  | $ | 4,717 |  |  | $ | - |
Document Conversion |  |  | 12,981 |  |  |  | 5,489 |
Total capital additions, net |  | $ | 17,698 |  |  | $ | 5,489 |
|  | Six months ended June 30, 2020 |  |  | Six months ended June 30, 2019 |
Revenues |  |  |  |  |  |  |  |
Document Management |  | $ | 1,240,916 |  |  | $ | 1,140,230 |
Document Conversion |  |  | 1,808,930 |  |  |  | 15,763 |
Total revenues |  | $ | 3,049,846 |  |  | $ | 1,155,993 |
Gross profit |  |  |  |  |  |  |  |
Document Management |  | $ | 920,832 |  |  | $ | 895,073 |
Document Conversion |  |  | 995,805 |  |  |  | (11,649 | )
Total gross profit |  | $ | 1,916,637 |  |  | $ | 883,424 |
Capital additions, net |  |  |  |  |  |  |  |
Document Management |  | $ | 7,911 |  |  | $ | - |
Document Conversion |  |  | 17,529 |  |  |  | 5,489 |
Total capital additions, net |  | $ | 25,440 |  |  | $ | 5,489 |
|  | June 30, 2020 |  |  | December 31, 2019 |
Total assets |  |  |  |  |  |  |  |
Document Management |  | $ | 1,795,524 |  |  | $ | 986,574 |
Document Conversion |  |  | 5,016,008 |  |  |  | - |
Corporate |  |  | 3,612,884 |  |  |  | - |
Total assets |  | $ | 10,424,416 |  |  | $ | 986,574 |

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