XML 33 R22.htm IDEA: XBRL DOCUMENT v3.25.3

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2025

Accounting Policies [Abstract]

Schedule of Changes in Allowance for Credit Losses

Changes in the allowance for credit losses for the periods ended September 30, 2025 and 2024 were as follows:

Schedule of Changes in Allowance for Credit Losses

		Trade Receivables
As of December 31, 2024		$	(55,907	)
(Provisions) Reductions charged to operating results			(44,189	)
Account write-offs			15,063
As of March 31, 2025			(85,033	)
(Provisions) Reductions charged to operating results			11,223
Account write-offs			2,293
As of June 30, 2025			(71,517	)
(Provisions) Reductions charged to operating results			(42,010	)
Account write-offs			15,456
As of September 30, 2025		$	(98,071	)

		Trade Receivables
As of December 31, 2023		$	(124,103	)
(Provisions) Reductions charged to operating results			14,588
As of March 31, 2024			(109,515	)
(Provisions) Reductions charged to operating results			(10,850	)
As of June 30, 2024			(120,365	)
(Provisions) Reductions charged to operating results			3,637
As of September 30, 2024		$	(116,728	)

Schedule of Changes in Contract Assets and Liabilities

The following tables present changes in our contract assets during the nine months ended September 30, 2025 and 2024:

Schedule of Changes in Contract Assets and Liabilities

		Balance at												Balance at
		Beginning								Payments				End of
		of Period				Billings				Received				Period
Nine months ended September 30, 2025
Accounts receivable		$	1,111,504		3,502,308	$	13,077,000			$	(13,237,014	)		$	951,490
Nine months ended September 30, 2024
Accounts receivable		$	1,850,375			$	14,580,399			$	(15,171,283	)		$	1,259,491

		Balance at Beginning of Period				Revenue Recognized in Advance of Billings				Billings				Balance at End of Period
Nine months ended September 30, 2025
Accounts receivable, unbilled		$	1,296,524			$	3,502,308			$	(4,083,059	)		$	715,773
Nine months ended September 30, 2024
Accounts receivable, unbilled		$	1,320,837			$	4,523,087			$	(4,694,687	)		$	1,149,237

 

The following table presents changes in our contract liabilities during the nine months ended September 30, 2025 and 2024:

		Balance at												Balance at
		Beginning								Recognized				End of
		of Period				Billings				Revenue				Period
Nine months ended September 30, 2025
Contract liabilities: Deferred revenue		$	3,411,852			$	5,961,069			$	(5,737,273	)		$	3,635,648
Nine months ended September 30, 2024
Contract liabilities: Deferred revenue		$	2,927,808			$	6,185,445			$	(5,645,144	)		$	3,468,109

 

Schedule of Segment Information

Information by operating segment is as follows:

Schedule of Segment Information

		2025				2024				2025				2024
		For the three months ended September 30,								For the nine months ended September 30,
		2025				2024				2025				2024
Revenues
Document Management		$	2,017,087			$	1,913,116			$	5,978,925			$	5,592,624
Document Conversion			1,984,358				2,676,509				6,280,678				8,145,678
Total revenues		$	4,001,445			$	4,589,625			$	12,259,603			$	13,738,302
Cost of revenues
Document Management		$	271,576			$	267,761			$	818,670			$	771,839
Document Conversion			1,161,965				1,575,763				3,368,131				4,370,150
Total cost of revenues		$	1,433,541			$	1,843,524			$	4,186,801			$	5,141,989
Gross profit
Document Management		$	1,745,511			$	1,645,355			$	5,160,255			$	4,820,785
Document Conversion			822,393				1,100,746				2,912,547				3,775,528
Total gross profit		$	2,567,904			$	2,746,101			$	8,072,802			$	8,596,313
Capital additions, net
Document Management		$	141,991			$	276,419			$	376,011			$	491,459
Document Conversion			63,973				20,174				301,857				203,900
Total capital additions, net		$	205,964			$	296,593			$	677,868			$	695,359

		September 30, 2025				December 31, 2024
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

		September 30, 2025				December 31, 2024
Total assets
Document Management		$	9,807,515			$	9,641,347
Document Conversion			8,182,016				8,933,609
Total assets		$	17,989,531			$	18,574,956

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

+ Details

Name:	us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration