Revenue from Contracts with Customers

6 Months Ended

Jun. 30, 2021

Revenue from Contracts with Customers

13. Revenue from Contracts with Customers

13. 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,
	2021		2020		2021		2020
	(Unaudited)
Carrier Services	$	11,898,302	$	44,944,155	$	23,247,174	$	73,087,424
Managed Services		8,085,118		9,839,635		17,387,089		21,361,722
	$	19,983,420	$	54,783,790	$	40,634,263	$	94,449,146

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,
	2021		2020		2021		2020
	(Unaudited)
U.S. Federal Government	$	16,649,566	$	51,338,765	$	33,581,297	$	84,874,450
U.S. State and Local Governments		64,705		25,773		118,088		51,286
Foreign Governments		12,993		59,737		39,089		65,906
Commercial Enterprises		3,256,156		3,359,515		6,895,789		9,457,504
	$	19,983,420	$	54,783,790	$	40,634,263	$	94,449,146

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

	THREE MONTHS ENDED				SIX MONTHS ENDED
	JUNE 30,				JUNE 30,
	2021		2020		2021		2020
	(Unaudited)
North America	$	18,763,660	$	53,706,367	$	38,173,804	$	92,248,748
Europe		1,219,760		1,077,423		2,460,459		2,200,398
	$	19,983,420	$	54,783,790	$	40,634,263	$	94,449,146

During the three months ended June 30, 2021 and 2020, the Company recognized approximately $568,000 and $492,600, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2020 and 2019, respectively.

During the six months ended June 30, 2021 and 2020, the Company recognized approximately $1,510,000 and $1,300,000, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2020 and 2019, respectively.