Quarterly report [Sections 13 or 15(d)]

REVENUES AND CONTRACT ACCOUNTING (Tables)

v3.26.1
REVENUES AND CONTRACT ACCOUNTING (Tables)
 6 Months Ended
Jun. 30, 2026
Revenues And Contract Accounting  
Costs and estimated earnings in excess of billings on uncompleted contracts
Costs and estimated earnings in excess of billings on uncompleted contracts            
    Technology Solution     Total  
Deferred Cost   $ 2,558,125     $ 2,558,125  
Cumulative revenues recognized     —       —  
Less cumulative billings     —       —  
Contract Asset   $ 2,558,125     $ 2,558,125  

 

As of December 31, 2025:

             
    Technology Solution     Total  
Deferred Cost   $ —     $ —  
Cumulative revenues recognized     —       —  
Less cumulative billings     —       —  
Contract Asset   $ —     $ —  
Schedule of contract liabilities, technology systems
                         
                           
    Technology Solutions     Data Center Hosting & Related Services     Services and Consulting-
Related Parties		     Total  
Beginning balance at December 31, 2025   $ 1,132,164     $ —     $ 3,616,500     $ 4,748,664  
Revenue recognized from the beginning balance     —        —       (3,616,500 )     (3,616,500 )
Billings during the period     1,345,788       18,770,228       —       20,116,016  
Revenue recognized from current billings     —        —       —       —  
Ending balance at June 30, 2026   $ 2,477,952     $ 18,770,228     $ —     $ 21,248,180  
                                   
Contract liabilities, current portion   $ 2,477,952     $ 5,213,952     $ —     $ 7,691,904
Contract liabilities, non-current portion      —       13,556,276       —       13,556,276  
Schedule of balance in contract liabilities
     
Calendar Year   Amounts  
2026 (Remaining)   $ —  
Contract Liabilities   $ —  
Schedule of disaggregation of revenue
Schedule of disaggregation of revenue                        
Segments  

 

 

Technology Solutions

     Data Center Hosting & Related Services     Services and Consulting     Total  
Primary Geographical Markets                                
                                 
North America   $ 3,231,544     $ 32,549     $ 2,911,330     $ 6,175,423  
                                 
Major Goods and Service Lines                                
                                 
Turnkey Projects   $ —     $ —     $ —     $ —  
Maintenance and Support     3,231,544       32,549       2,911,330       6,175,423  
    $ 3,231,544     $ 32,549     $ 2,911,330     $ 6,175,423  
                                 
Timing of Revenue Recognition                                
                                 
Goods transferred over time   $ 3,231,544     $ —     $ —     $ 3,231,544  
Services transferred over time     —       32,549       2,911,330       2,943,879  
    $ 3,231,544     $ 32,549     $ 2,911,330     $ 6,175,423  

 

For the three months ended June 30, 2025

                         
Segments  

 

 

Technology Solutions

     Data Center Hosting & Related Services     Services and Consulting     Total  
Primary Geographical Markets                                
                                 
North America   $ —     $ 8,000     $ 4,760,403     $ 4,768,403  
                                 
Major Goods and Service Lines                                
                                 
Turnkey Projects   $ —     $ —     $ —     $ —  
Maintenance and Support     —       8,000       4,760,403       4,768,403  
    $ —     $ 8,000     $ 4,760,403     $ 4,768,403  
                                 
Timing of Revenue Recognition                                
                                 
Goods transferred over time   $ —     $ —     $ —     $ —  
Services transferred over time     —       8,000       4,760,403       4,768,403  
    $ —     $ 8,000     $ 4,760,403     $ 4,768,403  
                                 

For the six months ended June 30, 2026

                         
Segments  

 

 

Technology Solutions

     Data Center Hosting & Related Services     Services and Consulting     Total  
Primary Geographical Markets                                
                                 
North America   $ 3,793,998     $ 62,824     $ 4,463,902     $ 8,320,724  
                                 
Major Goods and Service Lines                                
                                 
Turnkey Projects   $ —     $ —     $ —     $ —  
Maintenance and Support     3,793,998       62,824       4,463,902       8,320,724  
    $ 3,793,998     $ 62,824     $ 4,463,902     $ 8,320,724  
                                 
Timing of Revenue Recognition                                
                                 
Goods transferred over time   $ 3,793,998     $ —     $ —     $ 3,793,998  
Services transferred over time     —       62,824       4,463,902       4,526,726  
    $ 3,793,998     $ 62,824     $ 4,463,902     $ 8,320,724  

 

 

For the six months ended June 30, 2025

                         
Segments  

 

 

Technology Solutions

     Data Center Hosting & Related Services     Services and Consulting     Total  
Primary Geographical Markets                                
                                 
North America   $ —     $ 8,000     $ 8,675,153     $ 8,683,153  
                                 
Major Goods and Service Lines                                
                                 
Turnkey Projects   $ —     $ —     $ —     $ —  
Maintenance and Support     —       8,000       8,675,153       8,683,153  
    $ —     $ 8,000     $ 8,675,153     $ 8,683,153  
                                 
Timing of Revenue Recognition                                
                                 
Goods transferred over time   $ —     $ —     $ —     $ —  
Services transferred over time     —       8,000       8,675,153       8,683,153  
    $ —     $ 8,000     $ 8,675,153     $ 8,683,153