| 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, 2020 and 2019.
| |
|
September 30, 2020 |
|
|
|
|
|
September 30, 2019 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Garmin |
|
$ |
376,741 |
|
|
|
11.8 |
% |
|
$ |
490,564 |
|
|
|
15.1 |
% |
| Network Innovations |
|
$ |
697,902 |
|
|
|
21.8 |
% |
|
$ |
1,032,647 |
|
|
|
31.8 |
% |
| Cygnus Telecom |
|
$ |
376,741 |
|
|
|
13.2 |
% |
|
$ |
402,455 |
|
|
|
12.4 |
% |
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, 2020 and 2019.
| |
|
September 30, 2020 |
|
|
|
|
|
September 30, 2019 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Garmin |
|
$ |
140,666 |
|
|
|
12.5 |
% |
|
$ |
188,383 |
|
|
|
18.1 |
% |
| Network Innovations |
|
$ |
167,300 |
|
|
|
14.9 |
% |
|
$ |
385,204 |
|
|
|
36.9 |
% |
| Cygnus Telecom |
|
$ |
141,364 |
|
|
|
12.6 |
% |
|
$ |
125,420 |
|
|
|
12.0 |
% |
| Satcom Global |
|
$ |
123,435 |
|
|
|
11.0 |
% |
|
$ |
38,943 |
|
|
|
1.2 |
% |
|
| 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, 2020 and 2019:
| |
|
September 30, 2020 |
|
|
|
|
|
September 30, 2019 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
2,749,781 |
|
|
|
66.0 |
% |
|
$ |
3,216,613 |
|
|
|
72.2 |
% |
| North America |
|
|
1,035,904 |
|
|
|
24.9 |
% |
|
|
816,699 |
|
|
|
18.3 |
% |
| South America |
|
|
20,510 |
|
|
|
0.5 |
% |
|
|
33,841 |
|
|
|
0.8 |
% |
| Asia & Pacific |
|
|
279,247 |
|
|
|
6.7 |
% |
|
|
312,848 |
|
|
|
7.0 |
% |
| Australia & Oceanic |
|
|
42,594 |
|
|
|
1.0 |
% |
|
|
35,912 |
|
|
|
0.8 |
% |
| Africa |
|
|
35,714 |
|
|
|
0.9 |
% |
|
|
37,994 |
|
|
|
0.9 |
% |
| |
|
$ |
4,163,750 |
|
|
|
|
|
|
$ |
4,453,906 |
|
|
|
|
|
The following table sets
forth revenue as to each geographic location, for the three months ended September 30, 2020 and 2019:
| |
|
September 30, 2020 |
|
|
|
|
|
September 30, 2019 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
1,044,503 |
|
|
|
70.8 |
% |
|
$ |
1,132,882 |
|
|
|
64.9 |
% |
| North America |
|
|
290,065 |
|
|
|
19.7 |
% |
|
|
479,463 |
|
|
|
27.5 |
% |
| South America |
|
|
8,609 |
|
|
|
0.6 |
% |
|
|
13,131 |
|
|
|
0.8 |
% |
| Asia & Pacific |
|
|
101,244 |
|
|
|
6.9 |
% |
|
|
100,380 |
|
|
|
5.7 |
% |
| Australia & Oceanic |
|
|
21,655 |
|
|
|
1.5 |
% |
|
|
12,141 |
|
|
|
0.7 |
% |
| Africa |
|
|
9,317 |
|
|
|
0.6 |
% |
|
|
8,528 |
|
|
|
0.5 |
% |
| |
|
$ |
1,475,393 |
|
|
|
|
|
|
$ |
1,746,525 |
|
|
|
|
|
|