Revenue from Contracts with Customers

3 Months Ended

Mar. 31, 2023

Revenue from Contracts with Customers

Revenue from Contracts with Customers

15. 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,
	2023		2022
	(Unaudited)
Carrier Services	$	13,597,701	$	12,932,055
Managed Services		11,675,980		9,504,372
	$	25,273,681	$	22,436,427

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

	THREE MONTHS ENDED
	MARCH 31,
	2023		2022
	(Unaudited)
U.S. Federal Government	$	20,230,576	$	17,433,723
U.S. State and Local Governments		91,023		126,142
Foreign Governments		16,557		32,407
Commercial Enterprises		4,935,525		4,844,155
	$	25,273,681	$	22,436,427

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

	THREE MONTHS ENDED
	MARCH 31,
	2023		2022
	(Unaudited)
North America	$	24,209,410	$	21,434,634
Europe		1,064,271		1,001,793
	$	25,273,681	$	22,436,427

During the three months ended March 31, 2023 and 2022, the Company recognized approximately $709,400 and $1,079,900, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2022 and 2021, respectively.