| Schedule of revenue is disaggregated by major product |
In the following
table, revenue is disaggregated by major product line, geography, and timing of revenue recognition (in thousands of USD).
| For the Year |
| Ended
December 31, 2019 |
| |
|
United
States |
|
International |
|
Total |
| Infrastructure
& Disaster Recovery/Cloud Service |
|
$ |
5,223,868 |
|
|
$ |
213,816 |
|
|
$ |
5,437,684 |
|
| Equipment and Software |
|
|
1,784,658 |
|
|
|
— |
|
|
|
1,784,658 |
|
| Managed Services |
|
|
365,767 |
|
|
|
— |
|
|
|
365,767 |
|
| Professional Fees |
|
|
411,475 |
|
|
|
— |
|
|
|
411,475 |
|
| Nexxis
VoIP Services |
|
|
484,024 |
|
|
|
— |
|
|
|
484,024 |
|
| Total
Revenue |
|
$ |
8,269,792 |
|
|
$ |
213,816 |
|
|
$ |
8,483,608 |
|
| For the Year |
| Ended
December 31, 2018 |
| |
|
United
States |
|
International |
|
Total |
| Infrastructure
& Disaster Recovery/Cloud Service |
|
$ |
4,530,722 |
|
|
$ |
85,985 |
|
|
$ |
4,616,707 |
|
| Equipment and Software |
|
|
3,221,704 |
|
|
|
— |
|
|
|
3,221,704 |
|
| Managed Services |
|
|
603,716 |
|
|
|
— |
|
|
|
603,716 |
|
| Professional Fees |
|
|
315,658 |
|
|
|
— |
|
|
|
315,658 |
|
| Nexxis
VoIP Services |
|
|
129,617 |
|
|
|
— |
|
|
|
129,617 |
|
| Total
Revenue |
|
$ |
8,801,417 |
|
|
$ |
85,985 |
|
|
$ |
8,887,402 |
|
| For the Year |
| Ended December 31, |
| Timing of revenue recognition |
|
2019 |
|
2018 |
| Products transferred at a point in time |
|
$ |
2,196,133 |
|
|
$ |
3,537,362 |
|
| Products and services transferred over time |
|
|
6,287,475 |
|
|
|
5,350,040 |
|
| Total Revenue |
|
$ |
8,483,608 |
|
|
$ |
8,887,402 |
|
|
| 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, 2019
and 2018:
| |
|
December
31, |
| |
|
2019 |
|
2018 |
| Net Income
(Loss) Available to Common Shareholders |
|
$ |
(54,452 |
) |
|
$ |
146,781 |
|
| |
|
|
|
|
|
|
|
|
| Weighted average number of common shares - basic |
|
|
128,156,678 |
|
|
|
128,139,418 |
|
| Dilutive securities |
|
|
|
|
|
|
|
|
| Options |
|
|
— |
|
|
|
3,667,227 |
|
| Warrants |
|
|
— |
|
|
|
133,334 |
|
| Weighted average number of common shares
- diluted |
|
|
128,156,678 |
|
|
|
131,939,979 |
|
| |
|
|
|
|
|
|
|
|
| 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, |
| |
|
2019 |
|
2018 |
| Options |
|
|
8,425,824 |
|
|
|
2,098,292 |
|
| Warrants |
|
|
133,334 |
|
|
|
— |
|
| |
|
|
8,559,158 |
|
|
|
2,098,292 |
|
|