XML 30 R20.htm IDEA: XBRL DOCUMENT v3.23.2
REVENUE RECOGNITION (Tables)
6 Months Ended
Jun. 30, 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
June 30,
   Six months ended
June 30,
 
   2023   2022   2023   2022 
Aerostructures  $8,425,795   $9,819,902   $18,499,320   $19,006,695 
Aerosystems   7,567,883    5,984,045    17,120,134    12,670,873 
Kitting and Supply Chain Management   4,553,877    3,121,459    6,944,769    7,382,935 
   $20,547,555   $18,925,406   $42,564,223   $39,060,503 

 

   Three months ended
June 30,
   Six months ended
June 30,
 
   2023   2022   2023   2022 
Revenue recognized using over time revenue recognition model  $18,669,843   $16,565,696   $39,300,073   $35,060,893 
Revenue recognized using point in time revenue recognition model   1,877,712    2,359,710    3,264,150    3,999,610 
   $20,547,555   $18,925,406   $42,564,223   $39,060,503