September 30,

2020

December 31. 2019

Costs and estimated earnings recognized

$

4,138,001

$

3,700,124

Less: Billings or cash received

(3,953,766

)

(2,324,204

)

Contract assets

$

184,235

$

1,375,920

Segments

Rail

Commercial

Petrochemical

Government

Banking

IT Suppliers

Artificial Intelligence

Total

Primary Geographical Markets

North America

$

994,370

$

109,611

$

23,020

$

26,107

$

22,345

$

50,216

$

56,280

$

1,281,949

Major Goods and Service Lines

Turnkey Projects

$

587,865

$

49,595

$

23,020

$

5,886

$

6,585

$

—

$

56,280

$

729,231

Maintenance & Support

406,505

60,016

—

20,221

15,760

—

—

502,502

Data Center Auditing Services

—

—

—

—

—

47,831

—

47,831

Software License

—

—

—

—

—

2,385

—

2,385

$

994,370

$

109,611

$

23,020

$

26,107

$

22,345

$

50,216

$

56,280

$

1,281,949

Timing of Revenue Recognition

Goods transferred over time

$

587,865

$

49,595

$

23,020

$

5,886

$

6,585

$

50,216

$

56,280

$

779,447

Services transferred over time

406,505

60,016

—

20,221

15,760

—

—

502,502

$

994,370

$

109,611

$

23,020

$

26,107

$

22,345

$

50,216

$

56,280

$

1,281,949

Segments

Rail

Commercial

Petrochemical

Government

Banking

IT Suppliers

Total

Primary Geographical Markets

North America

$

1,562,792

$

128,291

$

21,613

$

49,943

$

387,675

$

48,087

$

2,198,401

Major Goods and Service Lines

Turnkey Projects

$

1,361,811

$

128,291

$

13,807

$

29,722

$

387,675

$

—

$

1,921,306

Maintenance & Support

200,981

—

7,806

20,221

—

—

229,008

Data Center Auditing Services

—

—

—

—

—

48,087

48,087

Software License

—

—

—

—

—

—

—

$

1,562,792

$

128,291

$

21,613

$

49,943

$

387,675

$

48,087

$

2,198,401

Timing of Revenue Recognition

Goods transferred over time

$

1,361,811

$

128,291

$

13,807

$

29,722

$

387,675

$

48,087

$

1,969,393

Services transferred over time

200,981

—

7,806

20,221

—

—

229,008

$

1,562,792

$

128,291

$

21,613

$

49,943

$

387,675

$

48,087

$

2,198,401

Segments

Rail

Commercial

Petrochemical

Government

Banking

IT Suppliers

Artificial Intelligence

Total

Primary Geographical Markets

North America

$

3,339,519

$

236,498

$

23,020

$

73,477

$

163,333

$

184,685

$

234,504

$

4,255,036

Major Goods and Service Lines

Turnkey Projects

$

2,401,552

$

55,797

$

23,020

$

5,886

$

119,779

$

—

$

234,504

$

2,840,538

Maintenance & Support

937,967

180,701

—

67,591

43,554

—

—

1,229,813

Data Center Auditing Services

—

—

—

—

—

177,530

—

177,530

Software License

—

—

—

—

—

7,155

—

7,155

$

3,339,519

$

236,498

$

23,020

$

73,477

$

163,333

$

184,685

$

234,504

$

4,255,036

Timing of Revenue Recognition

Goods transferred over time

$

2,401,552 

$

55,797

$

23,020 

$

5,886 

$

119,779

$

184,685

$

234,504

$

3,025,223 

Services transferred over time

937,967

180,701

—

67,591

43,554

—

—

1,229,813

$

3,339,519

$

236,498

$

23,020

$

73,477

$

163,333

$

184,685

$

234,504

$

4,255,036

Segments

Rail

Commercial

Petrochemical

Government

Banking

IT Suppliers

Total

Primary Geographical Markets

North America

$

6,039,521

$

317,222

$

76,586

$

147,011

$

1,075,274

$

240,673

$

7,896,287

Major Goods and Service Lines

Turnkey Projects

$

5,433,356

$

315,025

$

53,169

$

86,348

$

1,066,164

$

—

$

6,954,062

Maintenance & Support

606,165

2,197

23,417

60,663

9,110

—

701,552

Data Center Auditing Services

—

—

—

—

—

198,838

198,838

Software License

—

—

—

—

—

41,835

41,835

$

6,039,521

$

317,222

$

76,586

$

147,011

$

1,075,274

$

240,673

$

7,896,287

Timing of Revenue Recognition

Goods transferred over time

$

5,433,356

$

315,025

$

53,169

$

86,348

$

1,066,164

$

240,673

$

7,194,735

Services transferred over time

606,165

2,197

23,417

60,663

9,110

—

701,552

$

6,039,521

$

317,222

$

76,586

$

147,011

$

1,075,274

$

240,673

$

7,896,287