Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2020

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,
	2020		2019
Products and services
Software as a Service (SaaS)	$	1,671,350	$	1,120,658
Other subscription and support services		70,703		156,306
Equipment		51,754		71,109
Non-recurring services		41,450		190,902
Extended warranties on equipment		5,845		17,641
Other		1,093		1,375
	$	1,842,195	$	1,557,991
Timing of revenue recognition
Products transferred at a point in time	$	52,847	$	72,483
Services transferred over time		1,789,348		1,485,508
	$	1,842,195	$	1,557,991

	For the Six Months Ended June 30,
	2020		2019
Products and services
Software as a Service (SaaS)	$	3,909,769	$	1,981,907
Other subscription and support services		149,934		424,476
Equipment		835,547		187,521
Non-recurring services		41,450		198,045
Extended warranties on equipment		12,175		38,319
Other		8,592		6,717
	$	4,957,467	$	2,836,985
Timing of revenue recognition
Products transferred at a point in time	$	844,139	$	194,238
Services transferred over time		4,113,328		2,642,747
	$	4,957,467	$	2,836,985

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:

	Remainder
	2020		2021		2022		Total
Software as a Service (SaaS)	$	374,555	$	98,252	$	-	$	472,807
Other subscription and support services		34,084		9,624		3,252		46,960
Extended warranties on equipment		8,493		7,880		1,633		18,006
	$	417,132	$	115,756	$	4,885	$	537,773

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,
	2020			2019			2020			2019
Numerator:
Net Loss	$	(760,273	)	$	(873,677	)	$	(733,671	)	$	(2,086,668	)
Denominator:
Weighted average common shares –
Basic/Diluted		16,377,539			15,742,692			16,265,544			15,691,016
Net Loss per share –
Basic/Diluted	$	(0.05	)	$	(0.06	)	$	(0.05	)	$	(0.13	)

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,
	2020		2019		2020		2019
Stock options		1,263,257		1,436,323		1,263,257		1,436,323
Warrants		13,430		290,644		13,430		290,644
Restricted stock		7,284		3,799		7,284		3,799
		1,283,971		1,730,766		1,283,971		1,730,766