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Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Mar. 31, 2021
Accounting Policies [Abstract] |
Schedule of Changes in Contract Assets and Liabilities | The following table present changes in our contract assets and liabilities during the three months ended March 31, 2021 and 2020:
|  | Balance at Beginning of Period |  |  | Addition from acquisition (Note 5) |  |  | Revenue Recognized in Advance of Billings |  |  | Billings |  |  | Balance at End of Period |
Three months ended March 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract assets: Accounts receivable, unbilled |  | $ | 523,522 |  |  | $ | - |  |  | $ | 466,310 |  |  | $ | (643,681 | ) |  | $ | 346,151 |
Three months ended March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract assets: Accounts receivable, unbilled |  | $ | 23,371 |  |  | $ | 276,023 |  |  | $ | 24,568 |  |  | $ | (32,991 | ) |  | $ | 290,971 |
|  | Balance at Beginning of Period |  |  | Addition from acquisition (Note 5) |  |  | Billings |  |  | Recognized Revenue |  |  | Balance at End of Period |
Three months ended March 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract liabilities: Deferred revenue |  | $ | 996,131 |  |  | $ | - |  |  | $ | 684,140 |  |  | $ | (734,459 | ) |  | $ | 945,812 |
Three months ended March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract liabilities: Deferred revenue |  | $ | 754,073 |  |  | $ | 39,186 |  |  | $ | 491,980 |  |  | $ | (581,842 | ) |  | $ | 703,397 |
Schedule of Segment Information | Information by operating segment is as follows:
|  | Three months ended March 31, 2021 |  |  | Three months ended March 31, 2020 |
Revenues |  |  |  |  |  |  |  |
Document Management |  | $ | 735,818 |  |  | $ | 618,051 |
Document Conversion |  |  | 1,899,401 |  |  |  | 595,613 |
Total revenues |  | $ | 2,635,219 |  |  | $ | 1,213,664 |
Gross profit |  |  |  |  |  |  |  |
Document Management |  | $ | 587,500 |  |  | $ | 434,705 |
Document Conversion |  |  | 1,017,404 |  |  |  | 331,420 |
Total gross profit |  | $ | 1,604,904 |  |  | $ | 766,125 |
Capital additions, net |  |  |  |  |  |  |  |
Document Management |  | $ | 38,117 |  |  | $ | 3,194 |
Document Conversion |  |  | 193,582 |  |  |  | 4,548 |
Total capital additions, net |  | $ | 231,699 |  |  | $ | 7,742 |
|  | March 31, 2021 |  |  | December 31, 2020 |
Total assets |  |  |  |  |  |  |  |
Document Management |  | $ | 2,499,737 |  |  | $ | 2,295,165 |
Document Conversion |  |  | 8,093,995 |  |  |  | 8,049,468 |
Total assets |  | $ | 10,593,732 |  |  | $ | 10,344,633 |

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