| Schedule of Reclassifications |
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Schedule of Reclassifications |
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Before Reclassification |
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After Reclassification |
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For the Year Ended |
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For the Year Ended |
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December 31, |
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December 31, |
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2021 |
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2021 |
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| REVENUES: |
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REVENUES: |
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| Technology systems |
|
$ |
5,871,666 |
|
|
Technology systems |
|
$ |
5,871,666 |
|
| Technical support |
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|
2,388,251 |
|
|
Services and consulting |
|
|
2,388,251 |
|
| |
|
|
|
|
|
|
|
|
|
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| Total Revenue |
|
|
8,259,917 |
|
|
Total Revenue |
|
|
8,259,917 |
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| |
|
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|
|
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| COST OF REVENUES: |
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COST OF REVENUES: |
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|
|
|
| Technology systems |
|
|
7,151,276 |
|
|
Technology systems |
|
|
4,728,197 |
|
| Technical support |
|
|
1,369,985 |
|
|
Services and consulting |
|
|
1,492,176 |
|
| Overhead |
|
|
2,297,826 |
|
|
— |
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— |
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| |
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|
|
|
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|
|
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| Total Cost of Revenues |
|
|
10,819,087 |
|
|
Total Cost of Revenues |
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|
6,220,373 |
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| |
|
|
|
|
|
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| GROSS MARGIN |
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|
(2,559,170) |
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|
GROSS MARGIN |
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|
2,039,544 |
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| |
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| OPERATING EXPENSES: |
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OPERATING EXPENSES: |
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|
|
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| Sales and marketing |
|
|
1,233,851 |
|
|
Sales and marketing |
|
|
1,233,851 |
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| Research and development |
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|
251,563 |
|
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Research and development |
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|
2,515,630 |
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| General and administration |
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|
3,412,367 |
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General and administration |
|
|
5,747,014 |
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| Total Operating Expenses |
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|
4,897,781 |
|
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Total Operating Expenses |
|
|
9,496,495 |
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| |
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|
|
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| LOSS FROM OPERATIONS |
|
$ |
(7,456,951 |
) |
|
LOSS FROM OPERATIONS |
|
$ |
(7,456,951 |
) |
|