Annual report pursuant to Section 13 and 15(d)

Note 3 - Revenue From Contracts With Customers (Tables)

v3.24.1
Note 3 - Revenue From Contracts With Customers (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Disaggregation of Revenue [Table Text Block]
   

Year Ended December 31,

 
   

2023

   

2022

 

Contract Type

 

Amount

   

Percentage

   

Amount

   

Percentage

 

Services time & materials

  $ 6,923,176       86.7 %   $ 7,521,165       68.2 %

Services fixed price over time

    414,682       5.2 %     407,611       3.7 %

Services combination

    131,190       1.6 %     113,610       1.0 %

Services fixed price per unit

    324,115       4.1 %     304,666       2.8 %

Third-party software

    188,812       2.4 %     2,427,937       22.0 %

Software support & maintenance

    -       0.0 %     142,891       1.3 %

Incentive payments

    -       0.0 %     105,102       1.0 %

Total revenue

  $ 7,981,975       100.0 %   $ 11,022,982       100.0 %
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]

Balance at December 31, 2021

  $ 186,835  

Contract liabilities added

    439,230  

Revenue recognized

    (443,309 )

Balance at December 31, 2022

    182,756  

Contract liabilities added

    118,018  

Revenue recognized

    (186,234 )

Balance at December 31, 2023

  $ 114,540  
Deferred Costs of Revenue [Table Text Block]

Balance at December 31, 2021

  $ 154,218  

Deferred costs added

    223,148  

Deferred costs expensed

    (220,647 )

Balance at December 31, 2022

    156,719  

Deferred costs added

    100,098  

Deferred costs expensed

    (168,829 )

Balance at December 31, 2023

  $ 87,988