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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Changes in Contract Assets and Liabilities

The following tables present changes in our accounts receivable and contract assets during the years ended December 31, 2023, and 2022:

   Balance at
Beginning of Period		   Addition
from
acquisition
(Note 5)		     Billings   Payments Received   Balance at
End of
Period		 
Year ended December 31, 2023                           
Accounts receivable  $1,121,083   $--- $16,389,136   $(15,659,844)   $1,850,375 
                          
Year ended December 31, 2022                           
Accounts receivable  $1,176,059   $68,380     $14,422,286   $(14,545,641)  $1,121,083 

 

   Balance at Beginning of Period   Revenue Recognized in Advance of Billings   Billings   Balance at End of Period 
Year ended December 31, 2023                    
Accounts receivable, unbilled  $596,410   $5,195,866   $(4,471,439)  $1,320,837 
                     
Year ended December 31, 2022                    
Accounts receivable, unbilled  $444,782   $3,776,612   $(3,624,984)  $596,410 

 

   Balance at Beginning of Period   Commissions Paid   Commissions Recognized   Balance at End of Period 
Year ended December 31, 2023                    
Contract assets  $80,378   $194,455   $(134,668)  $140,165 
                     
Year ended December 31, 2022                    
Contract assets  $78,556   $120,966   $(119,144)  $80,378 

The following table presents changes in our contract liabilities during the years ended December 31, 2023 and 2022:

 

   Balance at
Beginning
of Period		   Addition
from
acquisition
(Note 4)		   Billings   Recognized
Revenue		   Balance at
End of
Period		 
Year ended December 31, 2023                         
Contract liabilities: Deferred revenue  $2,754,064   $-   $7,808,195   $(7,634,451)  $2,927,808 
                          
Year ended December 31, 2022                         
Contract liabilities: Deferred revenue  $1,194,649   $860,456   $7,107,625   $(6,408,666)  $2,754,064 
 
Schedule of Allowance for Credit Losses

Changes in the allowance for credit losses for the period ended December 31, 2023 were as follows:

   Trade Receivables 
As of December 31, 2022  $(88,331)
(Provisions) reductions charged to operating results  $(50,018)
Accounts write-offs  $14,246 
As of December 31, 2023  $(124,103)
Schedule of Segment Information

Information by operating segment is as follows:

   

         
   Year ended
December 31, 2023		   Year ended
December 31, 2022		 
Revenues          
Document Management  $7,298,264   $5,999,726 
Document Conversion   9,588,117    8,017,202 
Total revenues  $16,886,381   $14,016,928 
           
Gross profit          
Document Management  $6,133,130   $4,978,163 
Document Conversion   4,430,825    3,930,995 
Total gross profit  $10,563,955   $8,909,158 
           
Capital additions, net          
Document Management  $441,990   $434,654 
Document Conversion   106,087    186,442 
Total capital additions, net  $548,077   $621,096 

 

   December 31, 2023   December 31, 2022 
Goodwill          
Document Management  $3,989,645   $3,989,645 
Document Conversion   1,800,176    1,800,176 
Total goodwill  $5,789,821   $5,789,821 

 

   December 31, 2023   December 31, 2022 
Total assets          
Document Management  $10,104,004   $10,284,143 
Document Conversion   8,922,256    9,658,959 
Total assets  $19,026,260   $19,943,142