| Schedule of Concentration Risk |
The following table sets forth information
as to each supplier that accounted for 10% or more of the Company’s purchases for the nine months ended September 30, 2019
and 2018.
| |
|
September 30, 2019 |
|
|
|
|
|
September 30, 2018 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Globalstar Europe |
|
$ |
435,741 |
|
|
|
13.4 |
% |
|
$ |
375,148 |
|
|
|
10.8 |
% |
| Garmin |
|
$ |
490,564 |
|
|
|
15.1 |
% |
|
$ |
479,717 |
|
|
|
13.8 |
% |
| Network Innovations |
|
$ |
1,032,647 |
|
|
|
31.8 |
% |
|
$ |
1,452,677 |
|
|
|
41.7 |
% |
| Cygnus Telecom |
|
$ |
402,455 |
|
|
|
12.4 |
% |
|
$ |
385,944 |
|
|
|
11.1 |
% |
The following table sets forth information
as to each supplier that accounted for 10% or more of the Company’s purchases for the three months ended September 30, 2019
and 2018.
| |
|
September 30, 2019 |
|
|
|
|
|
September 30, 2018 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Globalstar Europe |
|
$ |
133,104 |
|
|
|
12.8 |
% |
|
$ |
103,899 |
|
|
|
7.3 |
% |
| Garmin |
|
$ |
188,383 |
|
|
|
18.1 |
% |
|
$ |
162,225 |
|
|
|
11.3 |
% |
| Network Innovations |
|
$ |
385,204 |
|
|
|
36.9 |
% |
|
$ |
789,639 |
|
|
|
55.2 |
% |
| Cygnus Telecom |
|
$ |
125,420 |
|
|
|
12.0 |
% |
|
$ |
157,382 |
|
|
|
11.0 |
% |
|
| Schedule of Revenue from Each Geographic Location |
The following table sets forth revenue as to
each geographic location, for the nine months ended September 30, 2019 and 2018:
| |
|
September 30, 2019 |
|
|
|
|
|
September 30, 2018 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
3,216,613 |
|
|
|
72.2 |
% |
|
$ |
3,143,416 |
|
|
|
67.5 |
% |
| North America |
|
|
816,699 |
|
|
|
18.3 |
% |
|
|
1,074,032 |
|
|
|
23.1 |
% |
| South America |
|
|
33,841 |
|
|
|
0.8 |
% |
|
|
149,228 |
|
|
|
3.2 |
% |
| Asia |
|
|
312,848 |
|
|
|
7.0 |
% |
|
|
195,175 |
|
|
|
4.2 |
% |
| Australia & Oceanic |
|
|
35,912 |
|
|
|
0.8 |
% |
|
|
46,738 |
|
|
|
1.0 |
% |
| Africa |
|
|
37,994 |
|
|
|
0.9 |
% |
|
|
45,918 |
|
|
|
1.0 |
% |
| |
|
$ |
4,453,906 |
|
|
|
|
|
|
$ |
4,654,507 |
|
|
|
|
|
The following table sets forth revenue as to
each geographic location, for the three months ended September 30, 2019 and 2018:
| |
|
September 30, 2019 |
|
|
|
|
|
September 30, 2018 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
1,132,882 |
|
|
|
64.9 |
% |
|
$ |
950,294 |
|
|
|
68.5 |
% |
| North America |
|
|
479,463 |
|
|
|
27.5 |
% |
|
|
316,545 |
|
|
|
22.8 |
% |
| South America |
|
|
13,131 |
|
|
|
0.8 |
% |
|
|
32,641 |
|
|
|
2.4 |
% |
| Asia |
|
|
100,380 |
|
|
|
5.7 |
% |
|
|
61,962 |
|
|
|
4.5 |
% |
| Australia & Oceanic |
|
|
12,141 |
|
|
|
0.7 |
% |
|
|
14,203 |
|
|
|
1.0 |
% |
| Africa |
|
|
8,528 |
|
|
|
0.5 |
% |
|
|
11,282 |
|
|
|
0.8 |
% |
| |
|
$ |
1,746,525 |
|
|
|
|
|
|
$ |
1,386,927 |
|
|
|
|
|
|