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Revenue
12 Months Ended
Dec. 31, 2019
Revenue [Abstract]  
REVENUE

13. REVENUE

 

The following table is a summary of the Company's timing of revenue recognition for fiscal 2019:

 

(Amounts in US$'s)  January 10, 2019 (Inception) to December 31,
2019
 
Timing of revenue recognition:    
Services and products transferred at a point in time  $2,803,026 
Services and products transferred over time   1,909,186 
Total revenue  $4,712,212 

  

The Company disaggregates revenue by source and geographic destination, to depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.

 

Revenue by source consisted of the following for fiscal 2019:

 

(Amounts in US$'s)  January 10, 2019 (Inception) to December 31,
2019
 
Revenue by products and services:    
Products  $2,702,410 
Services   2,009,802 
Total revenue  $4,712,212 

 

Revenue by geographic destination consisted of the following for fiscal 2019:

 

(Amounts in US$'s)  January 10, 2019 (Inception) to December 31,
2019
 
Revenue by geography:    
North America  $3,476,977 
International   1,235,235 
Total revenue  $4,712,212 

  

See Note 2 – Summary of Significant Accounting Policies for the Company's policies on revenue recognition.