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Segment Information (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Goodwill and Assets

As of June 30, 2024 and December 31, 2023, and for the three and six months ended June 30, 2024 and 2023, respectively, information about the Company’s reportable segments consisted of the following:

 

Goodwill and Assets

 

    Corporate   Drones   Sensors   SaaS   Total 
As of June 30, 2024                          
Goodwill   $   $   $7,402,644   $   $7,402,644 
Assets   $1,032,863   $7,548,171   $14,146,188   $103,614   $22,830,836 
                           
As of December 31, 2023                          
Goodwill   $   $   $7,402,644   $   $7,402,644 
Assets   $1,148,638   $8,666,641   $15,260,263   $80,359   $25,155,901 
Schedule of Net (Loss) Income

 

     Corporate   Drones   Sensors   SaaS   Total 
Three Months Ended June 30, 2024                           
Revenues    $   $1,351,414   $1,952,534   $88,590   $3,392,538 
Cost of sales         687,823    1,039,377    110,763    1,837,963 
Income (loss) from operations     (994,009)   (1,485,386)   268,417    (329,490)   (2,540,468)
Other income (expense), net     (347,363)   (41,877)           (389,240)
Net income (loss)    $(1,341,372)  $(1,527,263)  $268,417   $(329,490)  $(2,929,708)
                            
Three Months Ended June 30, 2023                           
Revenues    $   $1,267,641   $1,884,857   $125,714   $3,278,212 
Cost of sales         752,167    1,217,169    277,342    2,246,678 
Income (loss) from operations     (2,092,686)   (2,304,994)   (78,071)   (396,087)   (4,871,838)
Other income (expense), net     (238,520)   (180,163)       (62)   (418,745)
Net income (loss)    $(2,331,206)  $(2,485,157)  $(78,071)  $(396,149)  $(5,290,583)

 

     Corporate   Drones   Sensors   SaaS   Total 
Six Months Ended June 30, 2024                           
Revenues    $   $2,498,026   $4,586,074   $202,885   $7,286,985 
Cost of sales         1,375,054    2,228,705    174,229    3,777,988 
Income (loss) from operations     (1,879,595)   (3,465,146)   1,160,913    (750,528)   (4,934,356)
Other income (expense), net     (4,309,271)   12,320    (13,988)       (4,310,939)
Net income (loss)    $(6,188,866)  $(3,452,826)  $1,146,925   $(750,528)  $(9,245,295)
                            
Six Months Ended June 30, 2023                           
Revenues    $   $3,234,083   $3,855,052   $246,146   $7,335,281 
Cost of sales         1,589,892    2,222,601    512,622    4,325,115 
Income (loss) from operations     (4,010,845)   (4,337,800)   159,583    (843,884)   (9,032,946)
Other income (expense), net     (495,720)   (361,354)       (62)   (857,136)
Net income (loss)    $(4,506,565)  $(4,699,154)  $159,583   $(843,946)  $(9,890,082)
Schedule of Geographical Revenues

 

   Drones   Sensors   SaaS   Total 
Three Months Ended June 30, 2024                    
North America  $394,281   $569,291   $87,496   $1,051,068 
Latin America   396,236    56,633        452,869 
Europe, Middle East and Africa   383,010    835,624    248    1,218,882 
Asia Pacific   177,887    398,734    598    577,219 
Other       92,252    248    92,500 
 Total  $1,351,414   $1,952,534   $88,590   $3,392,538 

 

   Drones   Sensors   SaaS   Total 
Three Months Ended June 30, 2023                    
North America  $554,597   $762,759   $125,714   $1,443,070 
Latin America   301,192    47,381        348,573 
Europe, Middle East and Africa   347,243    902,353        1,249,596 
Asia Pacific   64,609    155,130        219,739 
Other       17,234        17,234 
 Total  $1,267,641   $1,884,857   $125,714   $3,278,212 

 

   Drones   Sensors   SaaS   Total 
Six Months Ended Jun 30, 2024                    
North America  $969,424   $1,368,842   $194,242   $2,532,508 
Latin America   622,070    183,072    5,185    810,327 
Europe, Middle East and Africa   714,453    2,196,503    495    2,911,451 
Asia Pacific   192,079    720,013    2,468    914,560 
Other       117,644    495    118,139 
 Total  $2,498,026   $4,586,074   $202,885   $7,286,985 

 

   Drones   Sensors   SaaS   Total 
Six Months Ended June 30, 2023                    
North America  $1,154,088   $1,213,310   $246,146   $2,613,544 
Latin America   873,197    140,461        1,013,658 
Europe, Middle East and Africa   1,086,200    1,858,525        2,944,725 
Asia Pacific   120,598    606,538        727,136 
Other       36,218        36,218 
 Total  $3,234,083   $3,855,052   $246,146   $7,335,281