Organization, Business Operations and Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2018

Accounting Policies [Abstract]

Schedule of Disaggregation of Revenues

Under ASC 606, disaggregated revenue from contracts with customers depicts the nature, amount, timing, and uncertainty of revenue and cash flows affected by economic factors. The Company has evaluated revenues, contract assets and liabilities associated with the revenue recognized and the following table illustrates the disaggregation disclosure by customer’s location and performance obligation.

	Three Months Ended September 30,
	2018						2017
	Domestic		International		Total		Domestic			International			Total
Simulators and accessories	$	2,836,375	$	14,352	$	2,850,727	$	2,363,067		$	1,418,263		$	3,781,330
Warranties		462,182		33,141		495,323		1,189,378			(648,319	)		541,059
Customized software		55,000		-		55,000		313,113			92,400			405,513
Installation and training		102,818		-		102,818		(93,238	)		10,929			(82,309	)
Licensing and royalties		42,718		-		42,718		40,852			-			40,852
Total Revenue	$	3,499,093	$	47,493	$	3,546,586	$	3,813,172		$	873,273		$	4,686,445

	Nine Months Ended September 30,
	2018						2017
	Domestic		International		Total		Domestic		International			Total
Simulators and accessories	$	10,697,520	$	1,959,217	$	12,656,737	$	9,240,301	$	2,382,883		$	11,623,184
Warranties		1,370,318		148,226		1,518,544		1,189,378		179,422			1,368,800
Customized software		456,673		11,940		468,613		467,713		200,160			667,873
Installation and training		250,988		82,515		333,503		273,093		(30,735	)		242,358
Licensing and royalties		518,300		-		518,300		245,082		-			245,082
Total Revenue	$	13,293,799	$	2,201,898	$	15,495,697	$	11,415,567	$	2,731,730		$	14,147,297