Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2019

Accounting Policies [Abstract]

Schedule of Disaggregation of Revenue

In the following tables, revenue is disaggregated by product and service and the timing of revenue recognition. The table also includes a reconciliation of the disaggregated revenue.

	For the Three Months Ended June 30,
	2019		2018
Products and services
Software as a Service (SaaS)	$	1,120,658	$	624,695
Other subscription and support services		156,306		284,582
Equipment		71,109		57,685
Non-recurring services		190,902		-
Extended warranties on equipment		17,641		33,959
Other		1,375		497
	$	1,557,991	$	1,001,418
Timing of revenue recognition
Products transferred at a point in time	$	72,483	$	58,184
Services transferred over time		1,485,508		943,234
	$	1,557,991	$	1,001,418

	For the six months ended June 30,
	2019		2018
Products and services
Software as a Service (SaaS)	$	1,981,907	$	1,219,384
Other subscription and support services		424,476		578,781
Equipment		187,521		177,406
Non-recurring services		198,045		17,248
Extended warranties on equipment		38,319		67,810
Other		6,717		2,851
	$	2,836,985	$	2,063,480
Timing of revenue recognition
Products transferred at a point in time	$	194,238	$	180,258
Services transferred over time		2,642,747		1,883,222
	$	2,836,985	$	2,063,480

Schedule of Revenue 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:

	2019		2020		2021		Total
Software as a Service (SaaS)	$	369,909	$	87,455	$	-	$	457,364
Other subscription and support services		168,364		47,361		4,321		220,046
Extended warranties on equipment		20,754		20,407		7,533		48,694
	$	559,027	$	155,223	$	11,854	$	726,104

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,
	2019			2018			2019			2018
Numerator:
Net Loss	$	(873,677	)	$	(1,100,375	)	$	(2,086,668	)	$	(2,168,332	)
Denominator:
Weighted average common shares – Basic/Diluted		15,742,692			15,623,351			15,691,016			15,448,255
Net Loss per share – Basic/Diluted	$	(0.06	)	$	(0.07	)	$	(0.13	)	$	(0.14	)

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,
	2019		2018		2019		2018
Stock options		1,436,323		1,074,332		1,436,323		1,074,332
Warrants		290,644		471,801		290,644		471,801
Restricted stock		3,799		6,957		3,799		6,957
		1,730,766		1,553,090		1,730,766		1,553,090