June 30,

2020

December 31. 2019

Costs and estimated earnings recognized

$

3,663,654

$

3,700,124

Less: Billings or cash received

(2,817,844

)

(2,324,204

)

Contract assets

$

845,810

$

1,375,920

Segments

Rail

Commercial

Petrochemical

Government

Banking

IT Suppliers

Artificial Intelligence

Total

Primary Geographical Markets

North America

$

1,631,891

$

52,552

$

—

$

20,221

$

96,869

$

2,385

$

178,224

$

1,982,142

Major Goods and Service Lines

Turnkey Projects

$

1,332.577

$

(2,421)

$

—

$

—

$

89,253

$

—

$

178,224

$

1,597,633

Maintenance & Support

299,314

54,973

—

20,221

7,616

—

—

382,124

Data Center Auditing Services

—

—

—

—

—

—

—

—

Software License

—

—

—

—

—

2,385

—

2,385

$

1,631,891

$

52,552

$

—

$

20,221

$

96,869

$

2,385

$

178,224

$

1,982,142

Timing of Revenue Recognition

Goods transferred over time

$

1,332,577

$

(2,421)

$

—

$

—

$

89,253

$

2,385

$

178,224

$

1,600,018

Services transferred over time

299,314

54,973

—

20,221

7,616

—

—

382,124

$

1,631,891

$

52,552

$

—

$

20,221

$

96,869

$

2,385

$

178,224

$

1,982,142

Segments

Rail

Commercial

Petrochemical

Government

Banking

IT Suppliers

Total

Primary Geographical Markets

North America

$

805,135

$

169,010

$

20,621

$

53,575

$

217,251

$

80,213

$

1,345,805

Major Goods and Service Lines

Turnkey Projects

$

552,561

$

169,010

$

12,815

$

33,354

$

217,251

$

—

$

984,991

Maintenance & Support

252,574

—

7,806

20,221

—

—

280,601

Data Center Auditing Services

—

—

—

—

—

80,213

80,213

Software License

—

—

—

—

—

—

—

$

805,135

$

169,010

$

20,621

$

53,575

$

217,251

$

80,213

$

1,345,805

Timing of Revenue Recognition

Goods transferred over time

$

552,561

$

169,010

$

12,815

$

33,354

$

217,251

$

80,213

$

1,065,204

Services transferred over time

252,574

—

7,806

20,221

—

—

280,601

$

805,135

$

169,010

$

20,621

$

53,575

$

217,251

$

80,213

$

1,345,805

Segments

Rail

Commercial

Petrochemical

Government

Banking

IT Suppliers

Artificial Intelligence

Total

Primary Geographical Markets

North America

$

2,345,149

$

126,887

$

—

$

47,370

$

140,988

$

134,469

$

178,224

$

2,973,087

Major Goods and Service Lines

Turnkey Projects

$

1,813,687

$

6,202

$

—

$

—

$

113,194

$

—

$

178,224

$

2,111,307

Maintenance & Support

531,462

120,685

—

47,370

27,794

—

—

727,311

Data Center Auditing Services

—

—

—

—

—

129,699

—

129,699

Software License

—

—

—

—

—

4,770

—

4,770

$

2,345,149

$

126,887

$

—

$

47,370

$

140,988

$

134,469

$

178,224

$

2,973,087

Timing of Revenue Recognition

Goods transferred over time

$

1,813,687 

$

6,202 

$

— 

$

— 

$

113,194 

$

134,469

$

178,224

$

2,245,776 

Services transferred over time

531,462

120,685

—

47,370

27,794

—

—

727,311

$

2,345,149

$

126,887

$

—

$

47,370

$

140,988

$

134,469

$

178,224

$

2,973,087

Segments

Rail

Commercial

Petrochemical

Government

Banking

IT Suppliers

Total

Primary Geographical Markets

North America

$

4,476,933

$

188,931

$

54,973

$

97,068

$

687,599

$

192,382

$

5,697,886

Major Goods and Service Lines

Turnkey Projects

$

3,942,219

$

186,734

$

39,361

$

56,626

$

678,489

$

—

$

4,903,429

Maintenance & Support

534,714

2,197

15,612

40,442

9,110

—

602,075

Data Center Auditing Services

—

—

—

—

—

144,982

144,982

Software License

—

—

—

—

—

47,400

47,400

$

4,476,933

$

188,931

$

54,973

$

97,068

$

687,599

$

192,382

$

5,697,886

Timing of Revenue Recognition

Goods transferred over time

$

3,942,219

$

186,734

$

39,361

$

56,626

$

678,489

$

192,382

$

5,095,811

Services transferred over time

534,714

2,197

15,612

40,442

9,110

—

602,075

$

4,476,933

$

188,931

$

54,973

$

97,068

$

687,599

$

192,382

$

5,697,886