| 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 three months ended March 31, 2021
and 2020.
| |
|
March 31, 2021 |
|
|
|
|
|
March 31, 2020 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Globalstar Europe |
|
$ |
140,829 |
|
|
|
10.1 |
% |
|
$ |
136,661 |
|
|
|
12.0 |
% |
| Garmin |
|
$ |
236,243 |
|
|
|
16.9 |
% |
|
$ |
131,266 |
|
|
|
11.4 |
% |
| Network Innovations |
|
$ |
129,931 |
|
|
|
9.3 |
% |
|
$ |
334,292 |
|
|
|
28.9 |
% |
| Cygnus Telecom |
|
$ |
132,519 |
|
|
|
9.5 |
% |
|
$ |
136,761 |
|
|
|
11.8 |
% |
| Satcom Global |
|
$ |
239,805 |
|
|
|
17.2 |
% |
|
$ |
61,674 |
|
|
|
5.3 |
% |
|
The following table sets
forth information as to each supplier that accounted for 10% or more of the Company’s purchases for the years ended December
31, 2020 and 2019.
| |
|
December 31, 2020 |
|
|
December 31, 2019 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Network Innovations |
|
$ |
912,056 |
|
|
|
17.5 |
% |
|
$ |
1,431,075 |
|
|
|
30.1 |
% |
| Garmin |
|
$ |
813,875 |
|
|
|
15.6 |
% |
|
$ |
647,360 |
|
|
|
13.6 |
% |
| Globalstar Europe |
|
$ |
540,463 |
|
|
|
10.3 |
% |
|
$ |
568,006 |
|
|
|
12.0 |
% |
| Cygnus Telecom |
|
$ |
623,736 |
|
|
|
11.9 |
% |
|
$ |
525,231 |
|
|
|
11.1 |
% |
|
| Schedule of Revenue from Each Geographic Location |
The following table sets forth
revenue as to each geographic location, for the three months ended March 31, 2021 and 2020:
| |
|
March 31, 2021 |
|
|
|
|
|
March 31, 2020 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
1,012,258 |
|
|
|
69.3 |
% |
|
$ |
999,191 |
|
|
|
68.1 |
% |
| North America |
|
|
308,072 |
|
|
|
21.1 |
% |
|
|
355,781 |
|
|
|
25.0 |
% |
| South America |
|
|
7,718 |
|
|
|
0.5 |
% |
|
|
11,127 |
|
|
|
0.8 |
% |
| Asia & Pacific |
|
|
105,932 |
|
|
|
7.3 |
% |
|
|
93,504 |
|
|
|
6.6 |
% |
| Africa |
|
|
27,448 |
|
|
|
1.9 |
% |
|
|
8,500 |
|
|
|
0.6 |
% |
| |
|
$ |
1,461,428 |
|
|
|
|
|
|
$ |
1,468,103 |
|
|
|
|
|
|
The following table sets forth revenue as to
each geographic location, for the years ended December 31, 2020 and 2019:
| |
|
Year Ended December 31, 2020 |
|
|
|
|
|
Year Ended December 31, 2019 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
3,658,612 |
|
|
|
64.3 |
% |
|
$ |
4,152,218 |
|
|
|
70.7 |
% |
| North America |
|
|
1,532,273 |
|
|
|
26.9 |
% |
|
|
1,162,869 |
|
|
|
19.8 |
% |
| South America |
|
|
34,915 |
|
|
|
0.6 |
% |
|
|
42,212 |
|
|
|
0.7 |
% |
| Asia & Pacific |
|
|
363,838 |
|
|
|
6.4 |
% |
|
|
414,725 |
|
|
|
7.1 |
% |
| Africa |
|
|
43,948 |
|
|
|
0.8 |
% |
|
|
46,783 |
|
|
|
0.8 |
% |
| Australia & Oceania |
|
|
56,210 |
|
|
|
1.0 |
% |
|
|
50,751 |
|
|
|
0.9 |
% |
| |
|
$ |
5,689,796 |
|
|
|
|
|
|
$ |
5,869,558 |
|
|
|
|
|
|