March 31,

2020

December 31. 2019

Costs and estimated earnings recognized

$

2,650,012

$

3,700,124

Less: Billings or cash received

(2,266,312

)

(2,324,204

)

Contract assets

$

383,700

$

1,375,920

Segments

Rail

Commercial

Petrochemical

Government

Banking

IT Suppliers

Total

Primary Geographical Markets

North America

$

713,258

$

74,335

$

—

$

27,149

$

44,119

$

132,084

$

990,945

Major Goods and Service Lines

Turnkey Projects

$

481,110

$

8,622

$

—

$

—

$

23,942

$

—

$

513,674

Maintenance & Support

232,148

65,713

—

27,149

20,177

—

345,187

Data Center Auditing Services

—

—

—

—

—

129,699

129,699

Software License

—

—

—

—

—

2,385

2,385

$

713,258

$

74,335

$

—

$

27,149

$

44,119

$

132,084

$

990,945

Timing of Revenue Recognition

Goods transferred over time

$

481,110

$

8,622

$

—

$

—

$

23,942

$

132,084

$

645,758

Services transferred over time

232,148

65,713

—

27,149

20,177

—

345,187

$

713,258

$

74,335

$

—

$

27,149

$

44,119

$

132,084

$

990,945

Segments

Rail

Commercial

Petrochemical

Government

Banking

IT Suppliers

Total

Primary Geographical Markets

North America

$

3,671,797

$

19,922

$

34,353

$

43,493

$

470,347

$

112,169

$

4,352,081

Major Goods and Service Lines

Turnkey Projects

$

3,389,656

$

(29,884)

$

26,547

$

23,272

$

461,237

$

—

$

3,870,828

Maintenance & Support

282,141

49,806

7,806

20,221

9,110

—

369,084

Data Center Auditing Services

—

—

—

—

—

64,769

64,769

Software License

—

—

—

—

—

47,400

47,400

$

3,671,797

$

19,922

$

34,353

$

43,493

$

470,347

$

112,169

$

4,352,081

Timing of Revenue Recognition

Goods transferred over time

$

3,389,656

$

(29,884)

$

26,547

$

23,272

$

461,237

$

112,169

$

3,982,997

Services transferred over time

282,141

49,806

7,806

20,221

9,110

—

369,084

$

3,671,797

$

19,922

$

34,353

$

43,493

$

470,347

$

112,169

$

4,352,081