Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Summary Of Significant Accounting Policies  
Schedule of revenue is disaggregated by major product

In the following table, revenue is disaggregated by major product line and timing of revenue recognition (in thousands of USD).

 

    For the Year Ended December 31,
    2018   2017
         
Major products/services lines                
                 
Infrastructure and Disaster Recovery   $ 4,711,187     $ 4,672,882  
Equipment and Software     2,591,665       2,385,931  
Managed Service     1,620,618       1,052,315  
Other     (36,068 )     145,790  
 Total Revenue   $ 8,887,402     $ 8,256,918  
                 
Timing of revenue recognition                
                 
Products transferred at a point in time   $ 2,591,665     $ 2,385,931  
Products and services transferred over time     6,295,737       5,870,987  
    $ 8,887,402     $ 8,256,918  
Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the information needed to compute basic and diluted earnings per share for the years ended December 31, 2018 and 2017:

 

    December 31,
    2018   2017
         
Net Income (Loss) Available to Common Shareholders   $ 146,781     $ (298,620 )
                 
Weighted average number of common shares - basic     128,139,418       128,092,569  
Dilutive securities                
  Options     3,667,227       —    
  Warrants     133,334       —    
Weighted average number of common shares - diluted     131,939,979       128,092,569  
                 
Earnings (Loss) per share, basic   $ 0.00     $ 0.00  
Earnings (Loss) per share, diluted   $ 0.00     $ 0.00  
Schedule of anti-dilutive income (loss) per share

The following table sets forth the number of potential shares of common stock that have been excluded from diluted net income (loss) per share net income (loss)per share because their effect was anti-dilutive:

 

  December 31,
  2018   2017
Options        2,098,292          5,052,418
Warrants                   -                133,334
         2,098,292          5,185,752