XML 50 R21.htm IDEA: XBRL DOCUMENT v3.20.1
Revenue from Contracts with Customers
3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers

The following table was prepared to provide additional information about the composition of revenues from contracts with customers for the periods presented:

 

    THREE MONTHS ENDED  
    MARCH 31,  
  2020     2019  
    (Unaudited)  
Carrier Services   $ 28,143,269     $ 14,343,011  
Managed Services:            
Managed Service Fees     7,475,440       6,207,960  
Billable Service Fees     1,304,541       1,080,617  
Reselling and Other Services     2,742,106       285,314  
    11,522,087       7,573,891  
                 
    $ 39,665,356     $ 21,916,902  

 

The Company recognized revenues from contracts with customers for the following customer types as set forth below:

 

    THREE MONTHS ENDED  
    MARCH 31,  
    2020     2019  
    (Unaudited)  
U.S. Federal Government   $ 33,535,685     $ 18,162,498  
U.S. State and Local Governments     25,513       115,839  
Foreign Governments     6,169       44,544  
Commercial Enterprises     6,097,989       3,594,021  
                 
    $ 39,665,356     $ 21,916,902  

 

The Company recognized revenues from contracts with customers in the following geographic regions:

 

    THREE MONTHS ENDED  
    MARCH 31,  
    2020     2019  
    (Unaudited)  
North America   $ 38,542,381     $ 20,780,311  
Europe     1,122,975       1,136,591  
                 
    $ 39,665,356     $ 21,916,902  

 

During the three months ended March 31, 2020 and 2019, we recognized approximately $801,690 and $795,420, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2019 and 2018, respectively.