REVENUE AND CONTRACT ACCOUNTING |
NOTE
6 - REVENUE AND CONTRACT ACCOUNTING
Revenue
Recognition and Contract Accounting
The
Company generates revenue from four sources: (1) Technology Systems; (2) AI Technology which is included in the consolidated statements
of operations line-item Technology Systems; (3) Technical Support; and (4) Consulting Services which is included in the consolidated
statements of operations line-item Services and Consulting.
Contract
assets and contract liabilities on uncompleted contracts for revenues recognized over time are as follows:
Contract
Assets
Contract
assets on uncompleted contracts represent cumulative revenues recognized in excess of billings and/or cash received on uncompleted contracts
accounted for under the cost-to-cost input method, which recognizes revenue based on the ratio of cost incurred to total estimated costs.
At
September 30, 2023 and December 31, 2022, contract assets on uncompleted contracts consisted of the following:
Schedule of contract assets on uncompleted
contracts |
|
|
|
|
|
|
|
|
September
30, 2023
|
|
|
December
31, 2022
|
|
Cumulative
revenues recognized |
|
$ |
8,594,322 |
|
|
$ |
5,934,205 |
|
Less:
Billings or cash received |
|
|
(7,247,591 |
) |
|
|
(5,508,483 |
) |
Contract
assets |
|
$ |
1,346,731 |
|
|
$ |
425,722 |
|
Contract
Liabilities
Contract
liabilities on uncompleted contracts represent billings and/or cash received that exceed cumulative revenues recognized on uncompleted
contracts accounted for under the cost-to-cost input method, which recognizes revenues based on the ratio of the cost incurred to total
estimated costs.
Contract
liabilities on services and consulting revenues represent billings and/or cash received in excess of revenue recognized on service agreements
that are not accounted for under the cost-to-cost input method.
At
September 30, 2023 and December 31, 2022, contract liabilities on uncompleted contracts and contract liabilities on services and consulting
consisted of the following:
Schedule of contract liabilities on uncompleted
contracts |
|
|
|
|
|
|
|
|
September
30, 2023
|
|
|
December
31, 2022
|
|
Billings
and/or cash receipts on uncompleted contracts |
|
$ |
972,908 |
|
|
$ |
4,355,470 |
|
Less:
Cumulative revenues recognized |
|
|
(199,976 |
) |
|
|
(4,144,018 |
) |
Contract
liabilities, technology systems |
|
|
772,932 |
|
|
|
211,452 |
|
Contract
liabilities, services and consulting |
|
|
815,996 |
|
|
|
746,545 |
|
Total
contract liabilities |
|
$ |
1,588,928 |
|
|
$ |
957,997 |
|
Contract
liabilities at December 31, 2022 were $957,997;
of which $211,452 for
technology systems and $636,822
in services and consulting have been recognized as of September 30, 2023.
The
Company expects to recognize all contract liabilities within 12 months from the respective consolidated balance sheet date.
Disaggregation
of Revenue
The
Company is following the guidance of ASC 606-10-55-296 and 297 for disaggregation of revenue. Accordingly, revenue has been disaggregated
according to the nature, amount, timing and uncertainty of revenue and cash flows. We are providing qualitative and quantitative disclosures.
Qualitative:
|
1. |
We have four distinct revenue
sources: |
|
a. |
Technology Systems (Turnkey, engineered projects); |
|
b. |
AI Technology (Associated maintenance and support services); |
|
c. |
Technical Support (Licensing and professional services
related to auditing of data center assets); and |
|
d. |
Consulting Services (Predetermined algorithms to provide
important operating information to the users of our systems). |
|
2. |
We currently operate in
North America including the USA, Mexico and Canada. |
|
3. |
Our customers include rail
transportation, commercial, government, banking and IT suppliers. |
|
4. |
Our services & maintenance
contracts are fixed price and fall into two duration types: |
|
a. |
Turnkey engineered projects and professional service
contracts that are less than one year in duration and are typically one to two quarters in length; and |
|
b. |
Maintenance and support contracts ranging from one
to five years in length. |
Quantitative:
For
the Three Months Ended September 30, 2023
Schedule of disaggregation of revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segments |
|
Rail |
|
|
Commercial |
|
|
Government |
|
|
Artificial
Intelligence |
|
|
Total |
|
Primary
Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
North
America |
|
$ |
1,333,556 |
|
|
$ |
19,220 |
|
|
$ |
— |
|
|
$ |
178,147 |
|
|
$ |
1,530,923 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Major
Goods and Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Turnkey
Projects |
|
$ |
705,849 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
705,849 |
|
Maintenance
and Support |
|
|
627,707 |
|
|
|
19,220 |
|
|
|
— |
|
|
|
— |
|
|
|
646,927 |
|
Algorithms |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
178,147 |
|
|
|
178,147 |
|
|
|
$ |
1,333,556 |
|
|
$ |
19,220 |
|
|
$ |
— |
|
|
$ |
178,147 |
|
|
$ |
1,530,923 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Timing
of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods
transferred over time |
|
$ |
705,849 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
705,849 |
|
Services
transferred over time |
|
|
627,707 |
|
|
|
19,220 |
|
|
|
— |
|
|
|
178,147 |
|
|
|
825,074 |
|
|
|
$ |
1,333,556 |
|
|
$ |
19,220 |
|
|
$ |
— |
|
|
$ |
178,147 |
|
|
$ |
1,530,923 |
|
For
the Three Months Ended September 30, 2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segments |
|
Rail |
|
|
Commercial |
|
|
Government |
|
|
Artificial
Intelligence |
|
|
Total |
|
Primary
Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
North
America |
|
$ |
3,765,312 |
|
|
$ |
32,821 |
|
|
$ |
23,245 |
|
|
$ |
200,860 |
|
|
$ |
4,022,238 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Major
Goods and Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Turnkey
Projects |
|
$ |
2,689,393 |
|
|
$ |
— |
|
|
$ |
3,024 |
|
|
$ |
— |
|
|
$ |
2,692,417 |
|
Maintenance
and Support |
|
|
1,075,919 |
|
|
|
32,821 |
|
|
|
20,221 |
|
|
|
183,378 |
|
|
|
1,312,339 |
|
Algorithms |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
17,482 |
|
|
|
17,482 |
|
|
|
$ |
3,765,312 |
|
|
$ |
32,821 |
|
|
$ |
23,245 |
|
|
$ |
200,860 |
|
|
$ |
4,022,238 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Timing
of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods
transferred over time |
|
$ |
2,689,393 |
|
|
$ |
— |
|
|
$ |
3,024 |
|
|
$ |
— |
|
|
$ |
2,692,417 |
|
Goods
delivered at point in time |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
17,482 |
|
|
|
17,482 |
|
Services
transferred over time |
|
|
532,250 |
|
|
|
32,821 |
|
|
|
20,221 |
|
|
|
183,378 |
|
|
|
768,670 |
|
Services
delivered at point in time |
|
|
543,669 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
543,669 |
|
|
|
$ |
3,765,312 |
|
|
$ |
32,821 |
|
|
$ |
23,245 |
|
|
$ |
200,860 |
|
|
$ |
4,022,238 |
|
For
the Nine Months Ended September 30, 2023
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segments |
|
Rail |
|
|
Commercial |
|
|
Government |
|
|
Artificial
Intelligence |
|
|
Total |
|
Primary
Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
North
America |
|
$ |
5,247,291 |
|
|
$ |
90,432 |
|
|
$ |
11,353 |
|
|
$ |
596,194 |
|
|
$ |
5,945,270 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Major
Goods and Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Turnkey
Projects |
|
$ |
3,390,555 |
|
|
$ |
13,552 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
3,404,107 |
|
Maintenance
and Support |
|
|
1,856,736 |
|
|
|
76,880 |
|
|
|
11,353 |
|
|
|
— |
|
|
|
1,944,969 |
|
Algorithms |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
596,194 |
|
|
|
596,194 |
|
|
|
$ |
5,247,291 |
|
|
$ |
90,432 |
|
|
$ |
11,353 |
|
|
$ |
596,194 |
|
|
$ |
5,945,270 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Timing
of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods
transferred over time |
|
$ |
3,390,555 |
|
|
$ |
13,552 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
3,404,107 |
|
Services
transferred over time |
|
|
1,856,736 |
|
|
|
76,880 |
|
|
|
11,353 |
|
|
|
596,194 |
|
|
|
2,541,163 |
|
|
|
$ |
5,247,291 |
|
|
$ |
90,432 |
|
|
$ |
11,353 |
|
|
$ |
596,194 |
|
|
$ |
5,945,270 |
|
For
the Nine Months Ended September 30, 2022
Segments |
|
Rail |
|
|
Commercial |
|
|
Government |
|
|
Artificial
Intelligence |
|
|
Total |
|
Primary
Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
North
America |
|
$ |
8,087,759 |
|
|
$ |
76,818 |
|
|
$ |
214,124 |
|
|
$ |
699,995 |
|
|
$ |
9,078,696 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Major
Goods and Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Turnkey
Projects |
|
$ |
5,885,477 |
|
|
$ |
(498 |
) |
|
$ |
153,462 |
|
|
$ |
— |
|
|
$ |
6,038,441 |
|
Maintenance
and Support |
|
|
2,202,282 |
|
|
|
77,316 |
|
|
|
60,662 |
|
|
|
465,223 |
|
|
|
2,805,483 |
|
Algorithms |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
234,772 |
|
|
|
234,772 |
|
|
|
$ |
8,087,759 |
|
|
$ |
76,818 |
|
|
$ |
214,124 |
|
|
$ |
699,995 |
|
|
$ |
9,078,696 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Timing
of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods
transferred over time |
|
$ |
5,885,477 |
|
|
$ |
(498 |
) |
|
$ |
153,462 |
|
|
$ |
— |
|
|
$ |
6,038,441 |
|
Goods
delivered at point in time |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
234,772 |
|
|
|
234,772 |
|
Services
transferred over time |
|
|
1,545,578 |
|
|
|
77,316 |
|
|
|
60,662 |
|
|
|
465,223 |
|
|
|
2,148,779 |
|
Services
delivered at point in time |
|
|
656,704 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
656,704 |
|
|
|
$ |
8,087,759 |
|
|
$ |
76,818 |
|
|
$ |
214,124 |
|
|
$ |
699,995 |
|
|
$ |
9,078,696 |
|
|
NOTE
8 – REVENUES AND CONTRACT ACCOUNTING REVENUE AND CONTRACT ACCOUNTING
The
Company generates revenue from four sources: (1) Technology Systems; (2) AI Technology which is included in the consolidated statements
of operations line-item Technology Systems; (3) Technical Support; and (4) Consulting Services which is included in the consolidated
statements of operations line-item Services and Consulting.
Contract
assets and contract liabilities on uncompleted contracts for revenues recognized over time are as follows:
Contract
Assets
Contract
assets on uncompleted contracts represent cumulative revenues recognized in excess of billings and/or cash received on uncompleted contracts
accounted for under the cost-to-cost input method which recognizes revenue based on the ratio of costs incurred to total estimated costs.
At
December 31, 2022 and 2021, contract assets on uncompleted contracts consisted of the following:
Schedule of contract assets on uncompleted
contracts
|
|
|
|
|
|
|
|
|
2022 |
|
|
2021 |
|
Cumulative revenues recognized |
|
$ |
5,934,205 |
|
|
$ |
5,266,930 |
|
Less: Billings or cash
received |
|
|
(5,508,483 |
) |
|
|
(5,263,481 |
) |
Contract Assets |
|
$ |
425,722 |
|
|
$ |
3,449 |
|
Contract
Liabilities
Contract
liabilities on uncompleted contracts represent billings and/or cash received that exceed cumulative revenues recognized on uncompleted
contracts accounted for under the cost-to-cost input method.
Contract
liabilities on services and consulting revenues represent billings and/or cash received in excess of revenue recognized on service agreements
that are not accounted for under the cost-to-cost input method.
The
Company expects to recognize all contract liabilities within 12 months from the consolidated balance sheet date.
At
December 31, 2022 and 2021, contract liabilities on uncompleted contracts consisted of the following:
Schedule of Contract
Liabilities on Uncompleted Contracts |
|
|
|
|
|
|
|
|
|
|
2022 |
|
|
2021 |
|
Billings and/or
cash receipts on uncompleted contracts |
|
$ |
4,355,470 |
|
|
$ |
4,473,726 |
|
Less: Cumulative revenues |
|
|
(4,144,018 |
) |
|
|
(3,041,088 |
) |
Contract liabilities, technology systems |
|
$ |
211,452 |
|
|
$ |
1,232,638 |
|
Contract Liabilities,
services and consulting |
|
|
746,545 |
|
|
|
596,673 |
|
Total Contract Liabilities |
|
$ |
957,997 |
|
|
$ |
1,829,311 |
|
Disaggregation
of Revenue
The
Company is following the guidance of ASC 606-10-55-296 and 297 for disaggregation of revenue. Accordingly, revenue has been disaggregated
according to the nature, amount, timing and uncertainty of revenue and cash flows. We are providing qualitative and quantitative disclosures.
Qualitative:
1. We have four
distinct revenue sources:
a. Technology
Systems (Turnkey, engineered projects);
b. AI
Technology (Associated maintenance and support services);
c. Technical
Support (Licensing and professional services related to auditing of data center assets); and
d. Consulting
Services (Predetermined algorithms to provide important operating information to the users of our systems).
2. We currently
operate in North America including the USA, Mexico and Canada.
3. Our customers
include rail transportation, commercial, government, banking and IT suppliers.
4. Our technology
systems and equipment projects fall into two types:
a. Transfer
of goods and services are over time.
b. Goods
delivered at point in time.
5. Our services
& maintenance contracts are fixed price and fall into two duration types:
a. Turnkey
engineered projects and professional service contracts that are less than one year in duration and are typically one to two quarters
in length; and
b. Maintenance
and support contracts ranging from one to five years in length.
Quantitative:
For
the Year Ended December 31, 2022
Schedule of Disaggregation of Revenue
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segments |
|
Rail |
|
|
Commercial |
|
|
Petrochemical |
|
|
Government |
|
|
Banking/Other |
|
|
IT
Suppliers |
|
|
Artificial
Intelligence |
|
|
Total |
|
Primary
Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
North
America |
|
$ |
13,710,777 |
|
|
$ |
115,443 |
|
|
$ |
— |
|
|
$ |
237,414 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
948,732 |
|
|
$ |
15,012,366 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Major
Goods and Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Turnkey Projects |
|
$ |
10,789,693 |
|
|
$ |
9,297 |
|
|
$ |
— |
|
|
$ |
156,530 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
234,772 |
|
|
$ |
11,190,292 |
|
Maintenance
& Support |
|
|
2,921,084 |
|
|
|
106,146 |
|
|
|
— |
|
|
|
80,884 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
3,108,114 |
|
Data Center Auditing Services |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Software License |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Algorithms |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
713,960 |
|
|
|
713,960 |
|
|
|
$ |
13,710,777 |
|
|
$ |
115,443 |
|
|
$ |
— |
|
|
$ |
237,414 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
948,732 |
|
|
$ |
15,012,366 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Timing
of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods transferred over time |
|
$ |
10,789,693 |
|
|
$ |
9,297 |
|
|
$ |
— |
|
|
$ |
156,530 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
234,772 |
|
|
$ |
11,190,292 |
|
Services
transferred over time |
|
|
2,921,084 |
|
|
|
106,146 |
|
|
|
— |
|
|
|
80,884 |
|
|
|
— |
|
|
|
— |
|
|
|
713,960 |
|
|
|
3,822,074 |
|
|
|
$ |
13,710,777 |
|
|
$ |
115,443 |
|
|
$ |
— |
|
|
$ |
237,414 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
948,732 |
|
|
$ |
15,012,366 |
|
Quantitative:
For
the Year Ended December 31, 2021
Segments |
|
Rail |
|
|
Commercial |
|
|
Petrochemical |
|
|
Government |
|
|
Banking |
|
|
IT
Suppliers |
|
|
Artificial
Intelligence |
|
|
Total |
|
Primary
Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
North
America |
|
$ |
6,883,670 |
|
|
$ |
213,517 |
|
|
$ |
(867 |
) |
|
$ |
314,030 |
|
|
$ |
23,340 |
|
|
$ |
134,717 |
|
|
$ |
691,510 |
|
|
$ |
8,259,917 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Major
Goods and Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Turnkey Projects |
|
$ |
5,255,491 |
|
|
$ |
27,831 |
|
|
$ |
— |
|
|
$ |
233,145 |
|
|
$ |
1,537 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
5,518,004 |
|
Maintenance
& Support |
|
|
1,628,179 |
|
|
|
185,686 |
|
|
|
(867 |
) |
|
|
80,885 |
|
|
|
21,803 |
|
|
|
— |
|
|
|
341,915 |
|
|
|
2,257,601 |
|
Data Center Auditing Services |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
131,537 |
|
|
|
— |
|
|
|
131,537 |
|
Software License |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
3,180 |
|
|
|
— |
|
|
|
3,180 |
|
Algorithms |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
349,595 |
|
|
|
349,595 |
|
|
|
$ |
6,883,670 |
|
|
$ |
213,517 |
|
|
$ |
(867 |
) |
|
$ |
314,030 |
|
|
$ |
23,340 |
|
|
$ |
134,717 |
|
|
$ |
691,510 |
|
|
$ |
8,259,917 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Timing
of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods transferred over time |
|
$ |
5,255,491 |
|
|
$ |
27,831 |
|
|
$ |
— |
|
|
$ |
233,145 |
|
|
$ |
1,537 |
|
|
$ |
131,537 |
|
|
$ |
349,595 |
|
|
$ |
5,999,136 |
|
Services
transferred over time |
|
|
1,628,179 |
|
|
|
185,686 |
|
|
|
(867 |
) |
|
|
80,885 |
|
|
|
21,803 |
|
|
|
3,180 |
|
|
|
341,915 |
|
|
|
2,260,781 |
|
|
|
$ |
6,883,670 |
|
|
$ |
213,517 |
|
|
$ |
(867 |
) |
|
$ |
314,030 |
|
|
$ |
23,340 |
|
|
$ |
134,717 |
|
|
$ |
691,510 |
|
|
$ |
8,259,917 |
|
Segment
Information
The
Company operates in one reportable segment.
|