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REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2023

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 March 31,
		2023				2022
Aerostructure		$	10,073,525			$	9,186,793
Aerosystems			9,552,251				6,686,828
Kitting and Supply Chain Management			2,390,892				4,261,476
Total		$	22,016,668			$	20,135,097

		Three months ended March 31,
		2023				2022
Revenue recognized using over time revenue recognition model		$	20,630,230			$	18,495,197
Revenue recognized using point in time revenue recognition model			1,386,438				1,639,900
Total		$	22,016,668			$	20,135,097

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

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- References

No definition available.

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