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Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of Changes in Contract Assets and Liabilities

The following table present changes in our contract assets during the six months ended June 30, 2022 and 2021:

 

  

Balance at

Beginning of

Period

  

Revenue

Recognized in

Advance of

Billings

   Billings  

Balance at

End of

Period

 
Six months ended June 30, 2022                    
Accounts receivable, unbilled  $444,782 96,631 $1,501,726   $(1,511,429)  $435,079 
                     
Six months ended June 30, 2021                    
Accounts receivable, unbilled  $523,522   $1,944,919   $(1,956,366)  $512,075 

 

   Balance at
Beginning of
Period		    Commissions
Paid		   Commissions
Recognized		   Balance at
End of
Period		 
Six months ended June 30, 2022                     
Other contract assets  $78,556    $52,310   $(29,708)  $101,158 
                      
Six months ended June 30, 2021                     
Other contract assets  $31,283    $24,824   $(19,944)  $36,163 

The following table presents changes in our contract liabilities during the six months ended June 30, 2022 and 2021:

 

   Balance at
Beginning
of Period		   Addition
from
acquisition
(Note 4)		   Billings   Recognized
Revenue		   Balance at
End of
Period		 
Six months ended June 30, 2022                         
Contract liabilities: Deferred revenue  $1,194,649   $860,456   $3,166,205   $(3,507,239)  $1,714,071 
                          
Six months ended June 30, 2021                         
Contract liabilities: Deferred revenue  $996,131   $-   $2,141,905   $(2,195,089)  $942,947 
 
Schedule of Segment Information

Information by operating segment is as follows:

 

                     
   For the three months ended June 30,   For the six months ended June 30, 
   2022   2021   2022   2021 
Revenues                
Document Management  $1,572,854   $791,004   $2,487,804   $1,526,822 
Document Conversion   1,842,789    2,118,642    3,631,351    4,018,043 
Total revenues  $3,415,643   $2,909,646   $6,119,155   $5,544,865 
                     
Gross profit                    
Document Management  $1,326,345   $638,169   $2,012,823   $1,225,700 
Document Conversion   862,673    1,175,898    1,808,032    2,193,271 
Total gross profit  $2,189,018   $1,814,067   $3,820,855   $3,418,971 
                     
Capital additions, net                    
Document Management  $144,717   $-   $175,801   $38,116 
Document Conversion   39,244    165,455    93,600    361,522 
Total capital additions, net  $183,961   $165,455   $269,401   $399,638 

 

           
   June 30, 2022   December 31, 2021 
Goodwill          
Document Management  $3,989,645   $522,711 
Document Conversion   1,800,176    1,800,176 
Total goodwill  $5,789,821   $2,322,887 

 

    June 30, 2022     December 31, 2021  
Total assets                
Document Management   $ 9,616,801     $ 2,233,419  
Document Conversion     9,607,961       9,728,713  
Total assets   $ 19,224,762     $ 11,962,132