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Revenue by Service Type, Customer Type and by Geographic Region
 3 Months Ended
Mar. 31, 2022
Revenue by Service Type, Customer Type and by Geographic Region  
Revenue by Service Type, Customer Type and by Geographic Region

16. Revenue from Contracts with Customers

 

The following table was prepared to provide additional information about the composition of revenues from contracts with customers for the periods presented:

 

 

 

THREE MONTHS ENDED

 

 

 

MARCH 31,

 

 

 

2022

 

 

2021

 

 

 

(Unaudited)

 

Carrier Services

 

$12,932,055

 

 

$11,348,872

 

Managed Services

 

 

9,504,372

 

 

 

9,301,971

 

 

 

 

 

 

 

 

 

 

 

 

$22,436,427

 

 

$20,650,843

 

 

The Company recognized revenues from contracts with customers for the following customer types as set forth below:

 

 

 

THREE MONTHS ENDED

 

 

 

MARCH 31,

 

 

 

2022

 

 

2021

 

 

 

(Unaudited)

 

U.S. Federal Government

 

$17,433,723

 

 

$16,931,731

 

U.S. State and Local Governments

 

 

126,142

 

 

 

53,383

 

Foreign Governments

 

 

32,407

 

 

 

26,096

 

Commercial Enterprises

 

 

4,844,155

 

 

 

3,639,633

 

 

 

 

 

 

 

 

 

 

 

 

$22,436,427

 

 

$20,650,843

 

    

The Company recognized revenues from contracts with customers in the following geographic regions:

 

 

 

THREE MONTHS ENDED

 

 

 

MARCH 31,

 

 

 

2022

 

 

2021

 

 

 

(Unaudited)

 

North America

 

$21,434,634

 

 

$19,410,144

 

Europe

 

 

1,001,793

 

 

 

1,240,699

 

 

 

 

 

 

 

 

 

 

 

 

$22,436,427

 

 

$20,650,843

 

   

During the three months ended March 31, 2022 and 2021, the Company recognized approximately $1,079,900 and $942,400, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2022 and 2021, respectively.