Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2018

Accounting Policies [Abstract]

Schedule of Disaggregation of Revenue

The table also includes a reconciliation of the disaggregated revenue.

	For the Three Months Ended June 30,
	2018		2017
Products and services
Hosted subscription services	$	221,096	$	203,040
Licensing		679,863		392,139
Equipment		60,544		236,335
Non-recurring Services		27,288		109,598
Extended warranties on equipment		3,607		4,048
Other		9,020		6,174
	$	1,001,418	$	951,334
Timing of revenue recognition
Products transferred at a point in time	$	69,564	$	242,509
Services transferred over time		931,854		708,825
	$	1,001,418	$	951,334

	For the Six Months Ended June 30,
	2018		2017
Products and services
Hosted subscription services	$	414,078	$	414,752
Licensing		1,370,178		776,930
Equipment		182,457		304,845
Non-recurring Services		71,937		148,689
Extended warranties on equipment		7,107		8,354
Other		17,723		10,424
	$	2,063,480	$	1,663,994
Timing of revenue recognition
Products transferred at a point in time	$	200,180	$	315,269
Services transferred over time		1,863,300		1,348,725
	$	2,063,480	$	1,663,994

Schedule of Performance Obligation

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period:

	2018		2019		Thereafter		Total
Hosted subscription services	$	189,223	$	83,432	$	12,379	$	285,034
Licensing	$	285,822	$	74,533	$	2,381	$	362,736
Non-recurring services	$	391		-		-	$	391
Extended warranties on equipment	$	6,252	$	9,896	$	8,506	$	24,654

Schedule of Earnings Per Share Basic and Diluted

The calculation of diluted net loss per share excludes all anti-dilutive shares.

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2018			2017			2018			2017
Numerator:
Net Loss	$	(1,100,375	)	$	(1,098,553	)	$	(2,168,332	)	$	(2,035,310	)
Denominator:
Weighted average common shares – Basic/Diluted		15,623,351			10,769,437			15,448,255			10,750,751
Net Loss per share – Basic/Diluted	$	(0.07	)	$	(0.10	)	$	(0.14	)	$	(0.19	)

Summary of Common Stock Equivalents Excluded from Loss Per Diluted Share

The following table summarizes the common stock equivalents excluded from loss per diluted share because their effect would be anti-dilutive due to the net loss:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
Stock options		1,074,332		1,652,920		1,074,332		1,652,920
Warrants		471,801		472,801		471,801		472,801
Restricted stock		6,957		28,025		6,957		28,025
		1,553,090		2,153,746		1,553,090		2,153,746