Note 5 - Revenue

3 Months Ended

Mar. 31, 2019

Notes

Note 5 - Revenue

NOTE 5 – REVENUE

The Company product revenue includes industrial wireless products and accessories such as antennas, power supplies and cable assemblies. The Company also provides direct site support and engineering services to customers, such as repair and upgrade of its products.  During the three month period ended March 31, 2020 and 2019, the Company’s revenue from products sales was $252,968 and $369,389, respectively.  Revenue from site support and engineering services was $21,000 and $4,777 respectively, over the same periods.

The Company’s customers, to which trade credit terms are extended, consist of United States and local governments and foreign and domestic companies.  Domestic sales for the three month period ended March 31, 2020 were $241,975 compared to $292,193 in 2019.  Sales to foreign customers for the three month period ended March 31, 2020 were $31,993 compared to $81,973 in 2019.

For the three month period ended March 31, 2020, sales to three customers represented more than 10% of total revenue, three customers represented more than 10% of total revenue for the same period in 2019.

	2020 Sales	2020 %age of Total Sales	2019 Sales	2019 %age of Total Sales
Domestic customer A	29,900	11%	84,788	23%
Domestic customer B	29,805	11%	72,350	19%
Foreign customer C	31,993	12%	52,076	14%

As of March 31, 2020 and 2019, the Company had a sales order backlog of $5,028 and $11,538, respectively.