Organization and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of Disaggregation of Revenues

The Company has evaluated revenues recognized and the following table illustrates the disaggregation disclosure by customer’s location and performance obligation.

	Year ended December 31,
	2020								2019
Total Revenue $	Commercial		Government		International		Total		Commercial		Government		International		Total
Simulators and accessories	$	1,052,223	$	12,450,793	$	299,430	$	13,802,446	$	530,742	$	11,069,039	$	1,992,819	$	13,592,600
Extended service-type warranties		74,290		2,408,379	$	138,771		2,621,440		35,148		2,132,864		203,421		2,371,433
Customized software and content		100,109		1,957,635	$	-		2,057,744		103,424		1,457,424		68,702		1,629,550
Installation and training		17,004		534,478	$	4,962		556,444		46,630		678,211		240,317		965,158
Licensing and royalties		49,557		-	$	-		49,557		153,182		-		-		153,182
Total Revenue	$	1,293,183	$	17,351,285	$	443,163	$	19,087,631	$	869,126	$	15,337,538	$	2,505,259	$	18,711,923

Schedule of Estimated Useful Life of Property and Equipment

Estimated useful lives are summarized as follows:

Computer equipment	3-5 years
Furniture and office equipment	5-7 years
Machinery and equipment	5-7 years
STEP equipment	5 years
Leasehold improvements	7 years

Schedule of Earnings Per Share

Earnings per share computations are as follows:

	Year Ended December 31,
	2020		2019
Net income/(loss)	$	1,478,403	$	(75,277	)
Weighted average common stock outstanding		7,757,037		7,747,655
Incremental shares from stock options		78,793		-
Weighted average common stock outstanding diluted		7,835,830		7,747,655
Net income/(loss) per common share and common equivalent shares
Basic	$	0.19	$	(0.01	)
Diluted	$	0.19	$	(0.01	)