| Schedule of contract liabilities on uncompleted contracts |
| Schedule of contract liabilities on uncompleted contracts |
|
|
|
|
|
|
| |
|
2024 |
|
|
2023 |
|
| Billings and/or cash receipts on uncompleted contracts |
|
$ |
1,264,658 |
|
|
$ |
1,264,658 |
|
| Less: Cumulative revenues recognized |
|
|
(861,024 |
) |
|
|
(199,976 |
) |
| Contract liabilities, technology systems, current |
|
$ |
403,634 |
|
|
$ |
1,064,682 |
|
| Contract liabilities, services and consulting, current |
|
|
11,401,384 |
|
|
|
601,561 |
|
| Total contract liabilities, current |
|
$ |
11,805,018 |
|
|
$ |
1,666,243 |
|
| Total contract liabilities, services and consulting, non-current |
|
$ |
11,016,134 |
|
|
$ |
— |
|
|
| Schedule of disaggregation of revenue |
| Schedule of disaggregation of revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segments |
|
Rail |
|
|
Commercial |
|
|
Government |
|
|
Artificial Intelligence |
|
|
Total |
|
| Primary Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| North America |
|
$ |
5,696,931 |
|
|
$ |
921,562 |
|
|
$ |
— |
|
|
$ |
662,392 |
|
|
$ |
7,280,885 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Major Goods and Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Turnkey Projects |
|
$ |
2,252,357 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
2,252,357 |
|
| Maintenance and Support |
|
|
3,444,574 |
|
|
|
921,562 |
|
|
|
— |
|
|
|
— |
|
|
|
4,366,136 |
|
| Algorithms |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
662,392 |
|
|
|
662,392 |
|
| |
|
$ |
5,696,931 |
|
|
$ |
921,562 |
|
|
$ |
— |
|
|
$ |
662,392 |
|
|
$ |
7,280,885 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Timing of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Goods transferred over time |
|
$ |
2,252,357 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
2,252,357 |
|
| Services transferred over time |
|
|
3,444,574 |
|
|
|
921,562 |
|
|
|
— |
|
|
|
662,392 |
|
|
|
5,028,528 |
|
| |
|
$ |
5,696,931 |
|
|
$ |
921,562 |
|
|
$ |
— |
|
|
$ |
662,392 |
|
|
$ |
7,280,885 |
|
Quantitative:
For the Year Ended December 31, 2023
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segments |
|
Rail |
|
|
Commercial |
|
|
Government |
|
|
Artificial
Intelligence |
|
|
Total |
|
| Primary Geographical Markets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| North America |
|
$ |
6,261,748 |
|
|
$ |
78,575 |
|
|
$ |
11,353 |
|
|
$ |
1,119,522 |
|
|
$ |
7,471,198 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Major Goods and Service Lines |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Turnkey Projects |
|
$ |
3,616,334 |
|
|
$ |
1,694 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
3,618,028 |
|
| Maintenance and Support |
|
|
2,645,414 |
|
|
|
76,881 |
|
|
|
11,353 |
|
|
|
— |
|
|
|
2,733,648 |
|
| Data Center Auditing Services |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Software License |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Algorithms |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
1,119,522 |
|
|
|
1,119,522 |
|
| |
|
$ |
6,261,748 |
|
|
$ |
78,575 |
|
|
$ |
11,353 |
|
|
$ |
1,119,522 |
|
|
$ |
7,471,198 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Timing of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Goods transferred over time |
|
$ |
3,616,334 |
|
|
$ |
1,694 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
3,218,028 |
|
| Services transferred over time |
|
|
2,645,414 |
|
|
|
76,881 |
|
|
|
11,353 |
|
|
|
1,119,522 |
|
|
|
3,853,170 |
|
| |
|
$ |
6,261,748 |
|
|
$ |
78,575 |
|
|
$ |
11,353 |
|
|
$ |
1,119,522 |
|
|
$ |
7,471,198 |
|
|