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REVENUE RECOGNITION (Tables)
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
The following tables present the Company’s revenue disaggregated by contract type and revenue recognition method:

The following tables present the Company’s revenue disaggregated by contract type and revenue recognition method:

 

   Three months ended
September 30,
   Nine months ended
September 30,
 
   2022   2021   2022   2021 
Aerostructures  $9,365,065   $8,709,511   $28,371,760   $25,591,865 
Aerosystems   8,249,935    7,391,645    20,920,808    23,563,365 
Kitting and Supply Chain Management   2,581,913    7,797,592    9,964,848    27,863,454 
   $20,196,913   $23,898,748   $59,257,416   $77,018,684 

 

   Three months ended
September 30,
   Nine months ended
September 30,
 
   2022   2021   2022   2021 
Revenue recognized using over time revenue recognition model  $18,462,027   $21,672,578   $53,522,920   $69,604,228 
Revenue recognized using point in time revenue recognition model   1,734,886    2,226,170    5,734,496    7,414,456 
   $20,196,913   $23,898,748   $59,257,416   $77,018,684