| Schedule of revenue is disaggregated by major product |
| Schedule of revenue is disaggregated by major product |
|
|
|
|
|
|
|
|
|
|
|
|
| For
the Years |
| Ended
December 31, 2022 |
| |
|
United
States |
|
International |
|
Total |
| Infrastructure
& Disaster Recovery/Cloud Service |
|
$ |
8,116,523 |
|
|
$ |
183,855 |
|
|
$ |
8,300,378 |
|
| Equipment and Software |
|
|
6,194,634 |
|
|
|
— |
|
|
|
6,194,634 |
|
| Managed Services |
|
|
8,323,329 |
|
|
|
122,126 |
|
|
|
8,445,455 |
|
| Nexxis VoIP Services |
|
|
799,675 |
|
|
|
— |
|
|
|
799,675 |
|
| Other |
|
|
130,695 |
|
|
|
— |
|
|
|
130,695 |
|
| Total
Revenue |
|
$ |
23,564,856 |
|
|
$ |
305,981 |
|
|
$ |
23,870,837
|
|
| For
the Year |
| Ended
December 31, 2021 |
| |
|
United
States |
|
International |
|
Total |
| Cloud Infrastructure
& Disaster Recovery |
|
$ |
7,105,892 |
|
|
$ |
97,354 |
|
|
$ |
7,203,246 |
|
| Equipment and Software |
|
|
2,080,463 |
|
|
|
— |
|
|
|
2,080,463 |
|
| Managed Services |
|
|
4,661,777 |
|
|
|
— |
|
|
|
4,661,777 |
|
| Nexxis Services |
|
|
772,344 |
|
|
|
— |
|
|
|
772,344 |
|
| Other |
|
|
158,397 |
|
|
|
— |
|
|
|
158,397 |
|
| Total Revenue |
|
$ |
14,778,873 |
|
|
$ |
97,354 |
|
|
$ |
14,876,227
|
|
| For
the Years |
| Ended
December 31, |
| Timing
of revenue recognition |
|
2022 |
|
2021 |
| Products transferred
at a point in time |
|
$ |
6,325,328 |
|
|
$ |
2,694,923 |
|
| Products
and services transferred over time |
|
|
17,545,509 |
|
|
|
12,181,304 |
|
| Total
Revenue |
|
$ |
23,870,837 |
|
|
$ |
14,876,227
|
|
|
| Schedule of Earning per share basic and diluted |
| Schedule of Earning per share basic and diluted |
|
|
|
|
|
|
|
|
| |
|
Year
Ended December 31, |
| |
|
2022 |
|
2021 |
| |
|
|
|
|
| Net
Income (Loss) Available to Common Shareholders |
|
$ |
(4,356,802 |
) |
|
$ |
204,161 |
|
| |
|
|
|
|
|
|
|
|
| Weighted average number
of common shares - basic |
|
|
6,775,140 |
|
|
|
5,075,716 |
|
| Dilutive
securities |
|
|
|
|
|
|
|
|
| Options |
|
|
— |
|
|
|
229,826 |
|
| Warrants |
|
|
— |
|
|
|
1,034,583 |
|
| Weighted
average number of common shares - diluted |
|
|
6,775,140 |
|
|
|
6,340,125 |
|
| |
|
|
|
|
|
|
|
|
| Earnings
(Loss) per share, basic |
|
$ |
(0.64 |
) |
|
$ |
0.04 |
|
| Earnings
(Loss) per share, diluted |
|
$ |
(0.64 |
) |
|
$ |
0.03
|
|
|
| Schedule of anti-dilutive income (loss) per share |
| |
Schedule of anti-dilutive income (loss) per share |
|
|
|
|
|
|
|
|
|
| |
|
Year
ended December 31, |
| |
|
2022 |
|
2021 |
| |
Options |
|
|
|
301,391 |
|
|
|
37,641 |
|
| |
Warrants |
|
|
|
2,419,193 |
|
|
|
1,384,610 |
|
| |
|
|
|
|
2,720,584 |
|
|
|
1,422,251
|
|
|