SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2024

SEGMENT INFORMATION

SEGMENT INFORMATION

11. SEGMENT INFORMATION

The Company views its operations and manages its business as one operating segment which is the business of providing subscription-based software as a service (SaaS) and Managed IT (MSP/MSaaS) services and related non-recurring professional IT and other services. The Company aggregates is operating segments based on similar economic and operating characteristics of its operations.

The Company’s SaaS and Managed IT offerings are sold under monthly recurring revenue contracts are included in the Subscription software and services segment. Professional services and other revenue segment consists of non-recurring revenue, including the periodic sale and installation of IT related hardware and custom IT projects. Professional services and other revenue is recognized when services are performed.

Revenue types were as follows:

	For the Three Months Ended September 30,
	2024		%			2023		%			% Change
Revenue:
Subscription software and services	$	2,646,703		95	%	$	1,837,030		92	%		44	%
Professional services and other		141,296		5	%		167,823		8	%		(16	)%
Total revenue	$	2,787,999		100	%	$	2,004,853		100	%		39	%

	For the Nine Months Ended September 30,
	2024		%			2023		%			% Change
Revenue:
Subscription software and services	$	8,062,616		94	%	$	5,170,844		91	%		56	%
Professional services and other		536,646		6	%		530,528		9	%		1	%
Total revenue	$	8,599,262		100	%	$	5,701,372		100	%		51	%