| 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, 2019 and 2018.
| |
|
June
30, 2019 |
|
|
|
|
|
June
30, 2018 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Globalstar
Europe |
|
$ |
326,409 |
|
|
|
14.8 |
% |
|
$ |
271,250 |
|
|
|
11.7 |
% |
| Garmin |
|
$ |
302,181 |
|
|
|
13.7 |
% |
|
$ |
317,492 |
|
|
|
13.7 |
% |
| Network
Innovations |
|
$ |
647,442 |
|
|
|
29.4 |
% |
|
$ |
922,218 |
|
|
|
39.8 |
% |
| Cygnus
Telecom |
|
$ |
277,034 |
|
|
|
12.6 |
% |
|
$ |
228,562 |
|
|
|
9.7 |
% |
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, 2019 and
2018.
| |
|
June 30, 2019 |
|
|
|
June 30, 2018 |
|
|
| |
|
|
|
|
|
|
|
|
| Globalstar Europe |
|
$ |
121,123 |
|
|
|
10.4 |
% |
|
$ |
86,646 |
|
|
|
7.7 |
% |
| Garmin |
|
$ |
167,402 |
|
|
|
14.4 |
% |
|
$ |
150,615 |
|
|
|
13.3 |
% |
| Network Innovations |
|
$ |
337,992 |
|
|
|
29.0 |
% |
|
$ |
458,387 |
|
|
|
40.6 |
% |
| Cygnus Telecom |
|
$ |
149,118 |
|
|
|
12.3 |
% |
|
$ |
107,766 |
|
|
|
9.5 |
% |
|
| 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, 2019 and 2018:
| |
|
June
30, 2019 |
|
|
|
|
|
June
30, 2018 |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
2,075,219 |
|
|
|
76.7 |
% |
|
$ |
2,172,447 |
|
|
|
66.5 |
% |
| North
America |
|
|
350,981 |
|
|
|
13.0 |
% |
|
|
780,064 |
|
|
|
23.9 |
% |
| South
America |
|
|
20,636 |
|
|
|
0.8 |
% |
|
|
114,944 |
|
|
|
3.5 |
% |
| Asia
|
|
|
204,732 |
|
|
|
7.5 |
% |
|
|
130,190 |
|
|
|
4.0 |
% |
| Australia
& Oceanic |
|
|
25,273 |
|
|
|
0.9 |
% |
|
|
35,101 |
|
|
|
1.1 |
% |
| Africa |
|
|
30,539 |
|
|
|
1.1 |
% |
|
|
34,134 |
|
|
|
1.0 |
% |
| |
|
$ |
2,707,380 |
|
|
|
|
|
|
$ |
3,267,580 |
|
|
|
|
|
The following table sets forth revenue
as to each geographic location, for the three months ended June 30, 2019 and 2018:
| |
|
June 30, 2019 |
|
|
|
June 30, 2018 |
|
|
| |
|
|
|
|
|
|
|
|
| Europe |
|
$ |
1,085,260 |
|
|
|
77.0 |
% |
|
$ |
1,155,603 |
|
|
|
72.2 |
% |
| North America |
|
|
147,548 |
|
|
|
10.5 |
% |
|
|
298,738 |
|
|
|
18.7 |
% |
| South America |
|
|
8,319 |
|
|
|
0.6 |
% |
|
|
49,465 |
|
|
|
3.1 |
% |
| Asia |
|
|
135,185 |
|
|
|
9.6 |
% |
|
|
70,552 |
|
|
|
4.4 |
% |
| Australia & Oceanic |
|
|
10,412 |
|
|
|
0.7 |
% |
|
|
15,128 |
|
|
|
1.0 |
% |
| Africa |
|
|
22,286 |
|
|
|
1.6 |
% |
|
|
10,157 |
|
|
|
0.6 |
% |
| |
|
$ |
1,409,010 |
|
|
|
|
|
|
$ |
1,599,642 |
|
|
|
|
|
|