Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.21.2
REVENUE (Tables)
 9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenues
                                   
    Hospitality     Education     Multiple
Dwelling
Units		     Government     Healthcare     Total  
Product   $ 1,195,394     $ 39,577     $ 33,728     $ 21,690     $ –     $ 1,290,389  
Recurring     96,211       67,468       –       –       –       163,679  
    $ 1,291,605     $ 107,045     $ 33,728     $ 21,690     $ –     $ 1,454,068  

 

The following table presents the Company’s product and recurring revenues disaggregated by industry for the nine months ended September 30, 2021.

 

    Hospitality     Education     Multiple
Dwelling
Units		     Government     Healthcare     Total  
Product   $ 3,463,056     $ 123,975     $ 290,936     $ 144,997     $ 48,195     $ 4,071,159  
Recurring     408,604       97,542       26,461       –       –       532,607  
    $ 3,871,660     $ 221,517     $ 317,397     $ 144,997     $ 48,195     $ 4,603,766  

 

The following table presents the Company’s product and recurring revenues disaggregated by industry for the three months ended September 30, 2020. 

 

    Hospitality     Education     Multiple
Dwelling
Units		     Government     Healthcare     Total  
Product   $ 1,890,086     $ 61,779     $ 2,083     $ 96,222     $ –     $ 2,050,170  
Recurring     116,292       72,059       1,450       –       –       189,801  
    $ 2,006,378     $ 133,838     $ 3,533     $ 96,222     $ –     $ 2,239,971  

 

The following table presents the Company’s product and recurring revenues disaggregated by industry for the nine months ended September 30, 2020.

 

    Hospitality     Education     Multiple
Dwelling
Units		     Government     Healthcare     Total  
Product   $ 4,072,147     $ 383,944     $ 132,353     $ 174,358     $ –     $ 4,762,802  
Recurring     432,214       112,422       17,638       –       –       562,274  
    $ 4,504,361     $ 496,366     $ 149,991     $ 174,358     $ –     $ 5,325,076  
Contract Assets and Liabilities
           
    September 30,
2021		     December 31,
2020		  
Contract assets   $ 181,761     $ 104,989  
Contract liabilities     1,285,192       1,052,367  
Net contract liabilities   $ 1,103,431     $ 947,378