| 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 six months ended
June 30, 2020 and 2019.
| |
|
June 30, 2020 |
|
|
|
|
|
June 30, 2019 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Globalstar Europe |
|
$ |
213,656 |
|
|
|
10.2 |
% |
|
$ |
326,409 |
|
|
|
14.8 |
% |
| Garmin |
|
$ |
277,725 |
|
|
|
13.2 |
% |
|
$ |
302,181 |
|
|
|
13.7 |
% |
| Network Innovations |
|
$ |
518,711 |
|
|
|
24.6 |
% |
|
$ |
647,442 |
|
|
|
29.4 |
% |
| Cygnus Telecom |
|
$ |
275,595 |
|
|
|
13.1 |
% |
|
$ |
277,034 |
|
|
|
12.6 |
% |
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
June 30, 2020 and 2019.
| |
|
June 30, 2020 |
|
|
|
|
|
June 30, 2019 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Globalstar Europe |
|
$ |
75,477 |
|
|
|
8.1 |
% |
|
$ |
121,123 |
|
|
|
10.4 |
% |
| Garmin |
|
$ |
118,115 |
|
|
|
12.7 |
% |
|
$ |
167,402 |
|
|
|
14.4 |
% |
| Network Innovations |
|
$ |
184,764 |
|
|
|
19.8 |
% |
|
$ |
337,992 |
|
|
|
29.0 |
% |
| Cygnus Telecom |
|
$ |
137,068 |
|
|
|
14.7 |
% |
|
$ |
149,118 |
|
|
|
12.3 |
% |
|
| Schedule of Revenue from Each Geographic Location |
The following table sets
forth revenue as to each geographic location, for the six months ended June 30, 2020 and 2019:
| |
|
June 30, 2020 |
|
|
|
|
|
June 30, 2019 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
1,700,813 |
|
|
|
63.3 |
% |
|
$ |
2,075,219 |
|
|
|
76.7 |
% |
| North America |
|
|
748,354 |
|
|
|
27.8 |
% |
|
|
350,981 |
|
|
|
13.0 |
% |
| South America |
|
|
14,404 |
|
|
|
0.5 |
% |
|
|
20,636 |
|
|
|
0.8 |
% |
| Asia & Pacific |
|
|
198,680 |
|
|
|
7.4 |
% |
|
|
230,005 |
|
|
|
8.4 |
% |
| Africa |
|
|
26,106 |
|
|
|
1.0 |
% |
|
|
30,539 |
|
|
|
1.1 |
% |
| |
|
$ |
2,688,357 |
|
|
|
|
|
|
$ |
2,707,380 |
|
|
|
|
|
The following table sets
forth revenue as to each geographic location, for the three months ended June 30, 2020 and 2019:
| |
|
June 30, 2020 |
|
|
|
|
|
June 30, 2019 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
708,873 |
|
|
|
58.1 |
% |
|
$ |
1,085,260 |
|
|
|
77.0 |
% |
| North America |
|
|
385,408 |
|
|
|
31.6 |
% |
|
|
147,548 |
|
|
|
10.5 |
% |
| South America |
|
|
3,599 |
|
|
|
0.3 |
% |
|
|
8,319 |
|
|
|
0.6 |
% |
| Asia & Pacific |
|
|
104,877 |
|
|
|
8.6 |
% |
|
|
145,597 |
|
|
|
10.3 |
% |
| Africa |
|
|
17,497 |
|
|
|
1.4 |
% |
|
|
22,286 |
|
|
|
1.6 |
% |
| |
|
$ |
1,220,254 |
|
|
|
|
|
|
$ |
1,409,010 |
|
|
|
|
|
|