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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Disaggregation of revenue

 

 

Years Ended December 31,

 

 

 

2021

 

 

2020

 

Managed support services        

 

$4,325,067

 

 

$4,669,570

 

Cybersecurity projects and software

 

 

2,780,175

 

 

 

2,285,876

 

Other IT consulting services

 

 

119,000

 

 

 

264,000

 

Total sales

 

$7,224,242

 

 

$7,219,446

 

Schedule of earnings per share, basic and diluted

 

 

Years ended December 31,

 

 

 

2021

 

 

2020

 

Numerator for basic and diluted net income per share:

 

 

 

 

 

 

Net income (loss)

 

$(1,568,813)

 

$675,996

 

Basic and diluted net income (loss) per share

 

$(0.05)

 

$0.02

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

 

 

 

 

 

 

Basic shares

 

 

30,122,738

 

 

 

29,061,883

 

Diluted shares

 

 

30,122,738

 

 

 

43,450,086

 

 

 

 

 

 

 

 

 

 

Anti-dilutive shares excluded from net income per share

 

 

22,623,804

 

 

 

3,965,000