Organization and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Disaggregation of Revenue

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 recognized and the following table illustrates the disaggregation disclosure by customer’s location and performance obligation.

	Year ended December 31,
	2023								2022
	Commercial		Government		International		Total		Commercial		Government		International		Total
Simulators and accessories	$	746,071	$	18,766,022	$	5,062,049	$	24,574,142	$	1,542,752	$	18,241,100	$	3,747,746	$	23,531,598
Extended Service-type warranties		196,951		3,575,733		124,894		3,897,578		117,984		2,647,908		75,895		2,841,787
Customized software and content		195,175		820,570		229,804		1,245,549				776,930		231,555		1,008,485
Installation and training		99,639		775,479		341,189		1,216,307		101,280		706,021		104,407		911,708
Licensing and royalties		-		-		-		-		8,666		-		-		8,666
Design & Prototyping				7,109,784		-		7,109,784		-						-
Total Revenue	$	1,237,836	$	31,047,588	$	5,757,936	$	38,043,360	$	1,770,682	$	22,371,959	$	4,159,603	$	28,302,244

Schedule of Property and Equipment Estimated Useful Lives

Computer equipment	3-5 years
Furniture and office equipment	5-7 years
Leased STEP equipment	5 years
Leasehold improvements	7 years
Building	39.5 years
Building Improvements	7 years

Schedule of Earnings Per Share

The net income per common share is computed by dividing net income by the weighted average of common shares outstanding. Diluted net income per share reflects the potential dilution, using the treasury stock method, that would occur if outstanding stock options and warrants were exercised. Earnings per share computations are as follows:

	Twelve Months Ended December 31,
	2023		2022
Net Income	$	8,402,858	$	1,955,898
Weighted average common stock outstanding		10,958,448		10,863,680
Incremental shares from stock options		5,029		9,918
Weighted average common stock outstanding, diluted		10,963,477		10,873,606
Net income per common share and common equivalent share
Basic	$	0.77	$	0.18
Diluted	$	0.77	$	0.18