SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2021

Accounting Policies [Abstract]

SCHEDULE OF ERRORS RESULTED IN MISSTATEMENTS

These errors resulted in misstatements to our Balance Sheets, Statements of Operations, Statements of Stockholders’ Equity, and Statements of Cash Flows as of and for the quarterly period ended March 31, 2021 as follows:

	As of March 31, 2021
	As Previously			Restatement			As
	Reported			Adjustment			Restated
BALANCE SHEET
Equity awards liability	$	-			610,978		$	610,978
Liability for shares withheld	$	-			1,244,458		$	1,244,458
Total current liabilities	$	2,029,437			1,855,436		$	3,884,873
Total liabilities	$	2,036,200			1,855,436		$	3,891,636
Common stock (dollars)	$	18,686			(92	)	$	18,594
Additional paid-in capital	$	139,550,103			4,751,432		$	144,301,535
Accumulated deficit	$	(117,436,781	)		(6,606,776	)	$	(124,043,557	)
Total stockholders’ equity	$	22,132,008			(1,855,436	)	$	20,276,572
Common stock (shares)		18,686,391			(92,634	)		18,593,757

For the three months ended March 31, 2021
	As Previously Reported			Restatement Adjustment			As Restated
STATEMENT OF OPERATIONS
Selling, general and administrative expenses	$	2,380,780			3,564,382		$	5,945,162
Total operating expenses		3,717,021			3,564,382			7,281,403
Loss from operations		(1,075,208	)		(3,564,382	)		(4,639,590	)
Net loss		(1,060,066	)		(3,564,382	)		(4,624,448	)
PER SHARE INFORMATION
Loss per common share
Basic and Diluted	$	(0.06	)		(0.19	)	$	(0.25	)
Weighted average common shares used in computing per share amounts -
Basic and Diluted		18,515,550			(35,537	)		18,480,013

For the three months ended March 31, 2021
	As Previously Reported			Restatement Adjustment			As Restated
STATEMENT OF STOCKHOLDERS’ EQUITY
Exercise of stock options, net of cashless exercise of 58,122 shares and 92,634 shares withheld	$	-			1,708,946		$	1,708,946
Net loss		(1,060,066	)		(3,564,382	)		(4,624,448	)
Common stock (shares)		18,686,391			(92,634	)		18,593,757
Common stock (dollars)	$	18,686			(92	)	$	18,594
Additional paid-in capital	$	139,550,103			4,751,432		$	144,301,535
Accumulated deficit	$	(117,436,781	)		(6,606,776	)	$	(124,043,557	)
Total stockholders’ equity	$	22,132,008			(1,855,436	)	$	20,276,572

For the three months ended March 31, 2021
	As Previously Reported			Restatement Adjustment			As Restated
STATEMENT OF CASH FLOWS
Net loss	$	(1,060,066	)		(3,564,382	)		(4,624,448	)
Equity compensation	$	980,633			3,564,382		$	4,545,015
Supplemental disclosure of noncash investing and financing activities:
Reclassification of stock option awards	$	-			1,411,108		$	1,411,108

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 March 31,
	2021		2020
Products and services
Software as a Service (SaaS)	$	2,775,706	$	2,238,419
Other subscription and support services		15,797		79,231
Equipment		36,266		783,793
Non-recurring services		21,000		-
Extended warranties on equipment		3,156		6,330
Other		10,616		7,499
	$	2,862,541	$	3,115,272
Timing of revenue recognition
Products transferred at a point in time	$	46,881	$	791,292
Services transferred over time		2,815,660		2,323,980
	$	2,862,541	$	3,115,272

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
	2021		2022		2023		Total
Software as a Service (SaaS)	$	401,658	$	39,876	$	-	$	441,534
Other subscription and support services		7,180		4,493		1,581		13,254
Extended warranties on equipment		4,951		2,179		741		7,871
	$	413,789	$	46,548	$	2,322	$	462,659

SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED

	Three Months Ended
	March 31,
	2021			2020
Numerator:
Net (Loss) Income	$	(4,624,448	)	$	26,602
Denominator:
Weighted average common shares – Basic		18,480,013			16,153,549
Dilutive effect of equity incentive plans		-			1,000,312
Weighted average common shares – Diluted		18,480,013			17,153,861
Net Loss per share –
Basic	$	(0.25	)	$	0.00
Diluted	$	(0.25	)	$	0.00

SUMMARY OF COMMON STOCK EQUIVALENTS EXCLUDED FROM LOSS PER DILUTED SHARE

The following table summarizes the common stock equivalents excluded from (loss) income per diluted share because their effect would be anti-dilutive:

	Three Months Ended
	March 31,
	2021		2020
Stock options		527,424		-
Warrants		12,680		-
Restricted stock		405,576		-
Performance stock units		265,942		-
		1,211,622		-