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Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 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     SIX MONTHS ENDED  
    JUNE 30,     JUNE 30,  
    2020     2019     2020     2019  
    (Unaudited)  
Carrier Services   $ 44,944,155     $ 14,023,930     $ 73,087,424     $ 28,366,941  
Managed Services     9,839,635       8,069,223       21,361,722       15,643,114  
                                 
    $ 54,783,790     $ 22,093,153     $ 94,449,146     $ 44,010,055  

 

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

 

    THREE MONTHS ENDED     SIX MONTHS ENDED  
    JUNE 30,     JUNE 30,  
    2020     2019     2020     2019  
    (Unaudited)  
U.S. Federal Government   $ 51,338,765     $ 18,441,671     $ 84,874,450     $ 36,604,169  
U.S. State and Local Governments     25,773       126,342       51,286       242,181  
Foreign Governments     59,737       24,353       65,906       68,897  
Commercial Enterprises     3,359,515       3,500,787       9,457,504       7,094,808  
                                 
    $ 54,783,790     $ 22,093,153     $ 94,449,146     $ 44,010,055  

 

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

 

    THREE MONTHS ENDED     SIX MONTHS ENDED  
    JUNE 30,     JUNE 30,  
    2020     2019     2020     2019  
    (Unaudited)  
North America   $ 53,706,367     $ 20,950,816     $ 92,248,748     $ 41,731,127  
Europe     1,077,423       1,142,337       2,200,398       2,278,928  
                                 
    $ 54,783,790     $ 22,093,153     $ 94,449,146     $ 44,010,055  

 

During the three months ended June 30, 2020 and 2019, we recognized approximately $492,600 and $391,612, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2019 and 2018, respectively.

 

During the six months ended June 30, 2020 and 2019, we recognized approximately $1.3 million and $996,639, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2019 and 2018, respectively.