Revenue from Contracts with Customers

9 Months Ended

Sep. 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				NINE MONTHS ENDED
	SEPTEMBER 30,				SEPTEMBER 30,
	2020		2019		2020		2019
	(Unaudited)
Carrier Services	$	45,029,563	$	20,576,193	$	118,116,987	$	48,943,134
Managed Services		12,476,998		9,040,747		33,838,720		24,683,861
	$	57,506,561	$	29,616,940	$	151,955,707	$	73,626,995

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

	THREE MONTHS ENDED				NINE MONTHS ENDED
	SEPTEMBER 30,				SEPTEMBER 30,
	2020		2019		2020		2019
	(Unaudited)
U.S. Federal Government	$	54,067,651	$	25,734,891	$	138,942,101	$	62,339,060
U.S. State and Local Governments		24,969		112,108		76,255		354,289
Foreign Governments		40,906		15,334		106,812		84,231
Commercial Enterprises		3,373,035		3,754,607		12,830,539		10,849,415
	$	57,506,561	$	29,616,940	$	151,955,707	$	73,626,995

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

	THREE MONTHS ENDED				NINE MONTHS ENDED
	SEPTEMBER 30,				SEPTEMBER 30,
	2020		2019		2020		2019
	(Unaudited)
North America	$	56,407,094	$	28,563,085	$	148,655,842	$	70,294,212
Europe		1,099,467		1,053,855		3,299,865		3,332,783
	$	57,506,561	$	29,616,940	$	151,955,707	$	73,626,995

During the three months ended September 30, 2020 and 2019, we recognized approximately $350,400 and $312,500, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2019 and 2018, respectively.

During the nine months ended September 30, 2020 and 2019, we recognized approximately $1.6 million and $1.6 million, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2019 and 2018, respectively.