Registration of securities issued in business combination transactions

Note 2 - Revenue Recognition (Tables)

v3.24.0.1
Note 2 - Revenue Recognition (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2023
Dec. 31, 2022
Notes Tables    
Disaggregation of Revenue [Table Text Block]
   

Three Months Ended September 30,

 
   

2023

   

2022

 

Contract Type

 

Amount

   

Percentage

   

Amount

   

Percentage

 

Services time & materials

  $ 1,714,509       87.2 %   $ 1,896,829       82.2 %

Services fixed price over time

    102,402       5.2 %     58,965       2.6 %

Services combination

    33,090       1.7 %     50,440       2.2 %

Services fixed price per unit

    71,299       3.6 %     107,778       4.7 %

Third-party software

    45,977       2.3 %     59,076       2.6 %

Software support & maintenance

    -       0.0 %     44,804       1.9 %

Incentive payments

    -       0.0 %     88,487       3.8 %

Total revenue

  $ 1,967,277       100.0 %   $ 2,306,379       100.0 %
   

Nine Months Ended September 30,

 
   

2023

   

2022

 

Contract Type

 

Amount

   

Percentage

   

Amount

   

Percentage

 

Services time & materials

  $ 5,314,845       86.4 %   $ 5,963,361       65.9 %

Services fixed price over time

    307,206       5.0 %     161,273       1.8 %

Services combination

    99,270       1.6 %     80,520       0.9 %

Services fixed price per unit

    271,394       4.4 %     253,379       2.8 %

Third-party software

    159,307       2.6 %     2,345,884       25.9 %

Software support & maintenance

    -       0.0 %     142,891       1.6 %

Incentive payments

    -       0.0 %     105,103       1.1 %

Total revenue

  $ 6,152,022       100.0 %   $ 9,052,411       100.0 %
   

Year ended December 31, 2022

   

Year ended December 31, 2021

 

Contract Type

 

Amount

   

Percentage

   

Amount

   

Percentage

 

Services time & materials

  $ 7,521,165       62.6 %   $ 9,383,810       62.5 %

Services firm fixed price

    998,970       8.3 %     367,229       2.4 %

Services fixed price over time

    407,611       3.4 %     634,036       4.2 %

Services combination

    113,610       0.9 %     92,940       0.6 %

Services fixed price per unit

    304,666       2.5 %     114,263       0.8 %

Third-party software

    2,427,937       20.2 %     4,245,730       28.2 %

Software support & maintenance

    142,891       1.2 %     106,428       0.7 %

Incentive payments

    105,102       0.9 %     89,068       0.6 %

Total revenue

  $ 12,021,952       100.0 %   $ 15,033,504       100.0 %
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]

Balance at December 31, 2022

  $ 182,756  

Contract liabilities added

    -  

Revenue recognized

    (55,665 )

Balance at March 31, 2023

    127,091  

Contract liabilities added

    -  

Revenue recognized

    (55,088 )

Balance at June 30, 2023

    72,003  

Contract liabilities added

    -  

Revenue recognized

    (45,977 )

Balance at September 30, 2023

  $ 26,026  

Balance at December 31, 2021

  $ 186,835  

Contract liabilities added

    19,280  

Revenue recognized

    (56,423 )

Balance at March 31, 2022

    149,692  

Contract liabilities added

    87,612  

Revenue recognized

    (71,461 )

Balance as of June 30, 2022

    165,843  

Contract liabilities added

    2,491  

Revenue recognized

    (130,648 )

Balance at September 30, 2022

  $ 37,686  

Balance at December 31, 2020

  $ 210,668  

Contract assets added

    312,475  

Revenue billed

    (523,143 )

Balance at December 31, 2021

    -  

Contract assets added

    -  

Revenue billed

    -  

Balance at December 31, 2022

  $ -  

Balance at December 31, 2020

  $ 946,884  

Contract liabilities added

    359,896  

Revenue recognized

    (1,119,945 )

Balance at December 31, 2021

    186,835  

Contract liabilities added

    439,230  

Revenue recognized

    (443,309 )

Balance at December 31, 2022

  $ 182,756  
Deferred Costs of Revenue [Table Text Block]

Balance at December 31, 2021

  $ 154,218  

Deferred costs added

    2,800  

Deferred costs expensed

    (55,362 )

Balance at March 31, 2022

    101,656  

Deferred costs expensed

    (53,434 )

Balance as of June 30, 2022

    48,222  

Deferred costs expensed

    (48,222 )

Balance as of September 30, 2022

  $ -  

Balance at December 31, 2020

  $ 89,068  

Deferred costs added - maintenance

    228,010  

Deferred costs added - deliverables

    17,406  

Deferred costs expensed

    (180,266 )

Balance at December 31, 2021

    154,218  

Deferred costs added - maintenance

    223,148  

Deferred costs expensed

    (220,647 )

Balance at December 31, 2022

  $ 156,719