| Disaggregation of revenues |
The
following table presents the Company’s product and recurring revenues disaggregated by industry for the three months ended March
31, 2021.
| |
|
Hospitality |
|
|
Education |
|
|
Multiple
Dwelling
Units |
|
|
Government |
|
|
Healthcare |
|
|
Total |
|
| Product |
|
$ |
712,907 |
|
|
$ |
74,103 |
|
|
$ |
172,735 |
|
|
$ |
118,335 |
|
|
$ |
29,784 |
|
|
$ |
1,107,864 |
|
| Recurring |
|
|
162,794 |
|
|
|
16,426 |
|
|
|
7,125 |
|
|
|
– |
|
|
|
– |
|
|
|
186,345 |
|
| |
|
$ |
875,701 |
|
|
$ |
90,529 |
|
|
$ |
179,860 |
|
|
$ |
118,335 |
|
|
$ |
29,784 |
|
|
$ |
1,294,209 |
|
The
following table presents the Company’s product and recurring revenues disaggregated by industry for the three months ended March
31, 2020.
| |
|
Hospitality |
|
|
Education |
|
|
Multiple
Dwelling
Units |
|
|
Government |
|
|
Healthcare |
|
|
Total |
|
| Product |
|
$ |
1,202,342 |
|
|
$ |
249,432 |
|
|
$ |
93,072 |
|
|
$ |
64,416 |
|
|
$ |
– |
|
|
$ |
1,609,292 |
|
| Recurring |
|
|
173,572 |
|
|
|
20,263 |
|
|
|
327 |
|
|
|
– |
|
|
|
– |
|
|
|
194,162 |
|
| |
|
$ |
1,375,914 |
|
|
$ |
269,695 |
|
|
$ |
93,399 |
|
|
$ |
64,416 |
|
|
$ |
– |
|
|
$ |
1,803,424 |
|
|
| Contract Assets and Liabilities |
Contract
assets and liabilities
| |
|
March
31,
2021 |
|
|
December
31,
2020 |
|
| Contract
assets |
|
$ |
15,469 |
|
|
$ |
104,989 |
|
| Contract
liabilities |
|
|
1,160,947 |
|
|
|
1,052,367 |
|
| Net
contract liabilities |
|
$ |
1,145,478 |
|
|
$ |
947,378 |
|
|