WidePoint (WYY) 10-Q 15 Aug 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2022	Aug. 11, 2022
Cover [Abstract]
Entity Registrant Name	WidePoint Corporation
Entity Central Index Key	0001034760
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Jun. 30, 2022
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Entity Common Stock Shares Outstanding		8,733,938
Document Transition Report	false
Entity File Number	001-33035
Entity Incorporation State Country Code	DE
Entity Tax Identification Number	52-2040275
Entity Interactive Data Current	Yes
Entity Address Address Line 1	11250 Waples Mill Road
Entity Address City Or Town	Fairfax
Entity Address State Or Province	VA
Entity Address Postal Zip Code	22030
City Area Code	703
Local Phone Number	349-2577
Security 12b Title	Common Stock, $0.001 par value per share
Trading Symbol	WYY
Security Exchange Name	NYSEAMER
Document Quarterly Report	true
Entity Address Address Line 2	South Tower 210

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
REVENUES	$ 23,057,354	$ 19,983,420	$ 45,493,781	$ 40,634,263
COST OF REVENUES (including amortization and depreciation of $306,938, $120,250, $594,456, and $239,333, respectively)	19,737,710	15,991,159	38,277,412	31,926,123
GROSS PROFIT	3,319,644	3,992,261	7,216,369	8,708,140
OPERATING EXPENSES
Sales and marketing	562,623	533,528	1,137,792	1,015,827
General and administrative expenses (including share-based compensation of $89,385, $243,821, $269,126 and $426,663, respectively)	3,817,316	3,267,587	7,562,545	6,575,249
Goodiwll impairment	16,277,000	0	16,277,000	0
Depreciation and amortization	274,088	253,857	538,449	504,748
Total operating expenses	20,931,027	4,054,972	25,515,786	8,095,824
(LOSS) INCOME FROM OPERATIONS	(17,611,383)	(62,711)	(18,299,417)	612,316
OTHER INCOME (EXPENSE)
Interest income	4,158	192	10,728	2,567
Interest expense	(62,826)	(69,290)	(126,347)	(140,306)
Other income	669,990	2	971,003	2,498
Total other income (expense)	611,322	(69,096)	855,384	(135,241)
(LOSS) INCOME BEFORE INCOME TAX (BENEFIT) PROVISION	17,000,061	131,807	17,444,033	(477,075)
INCOME TAX (BENEFIT) PROVISION	(3,240,852)	72,924	(3,291,927)	96,382
NET (LOSS) INCOME	$ (13,759,209)	$ (204,731)	$ (14,152,106)	$ 380,693
BASIC EARNINGS PER SHARE	$ (1.58)	$ (0.02)	$ (1.62)	$ 0.04
BASIC WEIGHTED-AVERAGE SHARES OUTSTANDING	8,696,111	9,072,281	8,739,043	9,033,905
DILUTED EARNINGS PER SHARE	$ (1.58)	$ (0.02)	$ (1.62)	$ 0.04
DILUTED WEIGHTED-AVERAGE SHARES OUTSTANDING	8,696,111	9,072,281	8,739,043	9,191,532

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
COST OF REVENUES , Depreciation and Amortization	$ 306,938	$ 120,250	$ 594,456	$ 239,333
Share-Based Compensation Expense	$ 89,385	$ 243,821	$ 269,126	$ 426,663

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME
NET (LOSS) INCOME	$ (13,759,209)	$ (204,731)	$ (14,152,106)	$ 380,693
Other comprehensive (loss) income:
Foreign currency translation adjustments, net of tax	134,854	(19,633)	139,689	35,316
Other comprehensive (loss) income	(134,854)	19,633	(139,689)	(35,316)
COMPREHENSIVE (LOSS) INCOME	$ (13,894,063)	$ (185,098)	$ (14,291,795)	$ 345,377

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 7,192,085	$ 6,479,980
Accounts receivable, net of allowance for doubtful accounts of $45,023 and $62,988 in 2022 and 2021, respectively	12,424,600	12,536,584
Unbilled accounts receivable	7,883,179	10,937,415
Other current assets	2,789,387	3,194,009
Total current assets	30,289,251	33,147,988
NONCURRENT ASSETS
Property and equipment, net	1,152,890	841,133
Lease right of use asset, net	5,059,331	6,273,211
Intangible assets, net	6,360,252	6,228,886
Goodwill	5,811,578	22,088,578
Deferred tax assets, net	8,295,569	5,127,482
Other long-term assets	2,787,302	1,782,060
Total assets	59,756,173	75,489,338
CURRENT LIABILITIES
Accounts payable	14,691,477	10,263,015
Accrued expenses	9,810,349	12,344,426
Deferred revenue	1,963,276	2,280,894
Current portion of lease liabilities	634,479	794,175
Current portion of contingent consideration	0	358,000
Total current liabilities	27,099,581	26,040,510
NONCURRENT LIABILITIES
Lease liabilities, net of current portion	5,015,198	6,025,691
Contingent consideration, net of current portion	380,000	1,347,000
Deferred revenue, net of current portion	367,503	400,142
Total liabilities	32,862,282	33,813,343
Commitments and contingencies (Note 17)	0	0
STOCKHOLDERS' EQUITY
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 2,045,714 shares issued and none outstanding	0	0
Common stock, $0.001 par value; 30,000,000 shares authorized; 8,725,476 and 8,842,026 shares issued and outstanding, respectively	8,726	8,842
Additional paid-in capital	100,934,729	101,424,922
Accumulated other comprehensive loss	(381,275)	(241,586)
Accumulated deficit	(73,668,289)	(59,516,183)
Total stockholders' equity	26,893,891	41,675,995
Total liabilities and stockholders' equity	$ 59,756,173	$ 75,489,338

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
CONDENSED CONSOLIDATED BALANCE SHEETS
Allowance for doubtful accounts receivable	$ 45,023	$ 62,988
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	2,045,714	2,045,714
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	8,725,476	8,842,026
Common stock, shares outstanding	8,725,476	8,842,026

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	$ (14,152,107)	$ 380,693
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Deferred income tax benefit	(3,176,568)	(20,298)
Depreciation expense	540,361	504,798
Goodwill impairment charge	16,277,000	0
(Recovery) provision for doubtful accounts	(311)	(24,544)
Amortization of intangibles	592,544	239,333
Share-based compensation expense	269,126	426,663
Warrants expense	108,000	0
Change in fair value of contingent consideration	(967,000)	0
Changes in assets and liabilities:
Accounts receivable and unbilled receivables	(3,118,288)	(28,567,676)
Inventories	134,346	110,791
Other current assets	(532,882)	22,415
Other assets	(28,272)	(27,160)
Accounts payable and accrued expenses	1,968,727	(30,488,525)
Income tax payable	(154,418)	40,017
Deferred revenue and other liabilities	(312,606)	(177,159)
Other liabilities	(358,000)	246,037
Net cash provided by (used in) operating activities	4,179,844	(411,355)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment	(214,096)	(90,302)
Capitalized hardware and software development costs	(1,936,687)	(1,159,583)
Net cash used in investing activities	(2,150,783)	(1,249,885)
CASH FLOWS FROM FINANCING ACTIVITIES
Principal repayments under finance lease obligations	(297,132)	(285,755)
Withholding taxes paid on behalf of employees on net settled restricted stock awards	(49,224)	(140,865)
Common stock repurchased	(818,211)	0
Issuance of common stock/At-the-market offering, net of issuance costs	0	1,071,045
Proceeds from exercise of stock options	0	10,250
Net cash (used in) provided by financing activities	(1,164,567)	654,675
Net effect of exchange rate on cash and equivalents	(152,389)	(42,812)
NET INCREASE (DECREASE) IN CASH	712,105	(1,049,377)
CASH AND CASH EQUIVALENTS, beginning of period	6,479,980	15,996,749
CASH AND CASH EQUIVALENTS, end of period	7,192,085	14,947,372
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest	124,854	140,242
Cash paid for income taxes	27,559	159,335
NONCASH INVESTING AND FINANCING ACTIVITIES
Capitalized hardware and software development costs in accounts payable	151,995	76,245
Leased assets and lease liabilities terminated	$ 876,281	$ 0

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)	Total	Common Stock	Additional Paid-In Capital	Accumulated other comprehensive loss	Retained Earnings (Accumulated Deficit)
Balance, shares at Dec. 31, 2020		8,876,515
Balance, amount at Dec. 31, 2020	$ 40,551,723	$ 8,876	$ 100,504,741	$ (104,615)	$ (59,857,279)
Issuance of common stock - options exercises, shares		2,500
Issuance of common stock - options exercises, amount	10,250	$ 2	10,248	0	0
Issuance of common stock - restricted, shares		91,650
Issuance of common stock - restricted, amount	(140,894)	$ 92	(140,986)	0	0
Issuance of common stock through at-the-market offering program, net of issuance costs of $333,305, shares		100,687
Issuance of common stock through at-the-market offering program, net of issuance costs of $333,305, amount	1,088,398	$ 101	1,088,297	0	0
Stock compensation expense -		0
restricted	157,107		157,107	0	0
Stock compensation expense - non-qualified stock options	25,735	0	25,735	0	0
Foreign currency translation - loss	(54,949)	0		(54,949)	0
Net income (loss)	585,424	0	0	0	585,424
Balance, amount at Mar. 31, 2021	42,222,794	$ 9,071	101,645,142	(159,564)	(59,271,855)
Balance shares June 30,2022 at Mar. 31, 2021		9,071,352
Balance, shares at Dec. 31, 2020		8,876,515
Balance, amount at Dec. 31, 2020	40,551,723	$ 8,876	100,504,741	(104,615)	(59,857,279)
Net income (loss)	380,693
Balance, amount at Jun. 30, 2021	42,264,193	$ 9,100	101,871,610	(139,931)	(59,476,586)
Balance shares June 30,2022 at Jun. 30, 2021		9,099,560
Balance, shares at Mar. 31, 2021		9,071,352
Balance, amount at Mar. 31, 2021	42,222,794	$ 9,071	101,645,142	(159,564)	(59,271,855)
Issuance of common stock through at-the-market offering program, net of issuance costs of $333,305, amount	(17,324)	0	(17,324)	0	0
restricted	214,852	0	214,852	0	0
Stock compensation expense - non-qualified stock options	28,969	0	28,969	0	0
Foreign currency translation - loss	19,633	$ 0	0	19,633	0
restricted, shares		28,208
restricted, amount	0	$ 29	(29)	0	0
Net income (loss)	(204,731)	0	0	0	(204,731)
Balance, amount at Jun. 30, 2021	42,264,193	$ 9,100	101,871,610	(139,931)	(59,476,586)
Balance shares June 30,2022 at Jun. 30, 2021		9,099,560
Balance, shares at Dec. 31, 2021		8,842,026
Balance, amount at Dec. 31, 2021	41,675,995	$ 8,842	101,424,922	(241,586)	(59,516,183)
Issuance of common stock - restricted, shares		50,345
restricted	179,741	$ 0	179,741	0	0
Foreign currency translation - loss	(4,835)	0	0	(4,835)	0
Net income (loss)	(392,897)	$ 0	0		(392,897)
Common Stock repurchased,Shares		196,586
Common stock repurchased amount	(818,211)	$ (197)	(818,014)
Issuance of common stock - restricted amount	(49,224)	51	(49,275)	0	0
Issuance of common stock - warrants	108,000	0	108,000	0	0
Balance, amount at Mar. 31, 2022	40,698,569	$ 8,696	100,845,374	(246,421)	(59,909,080)
Balance shares June 30,2022 at Mar. 31, 2022		8,695,785
Balance, shares at Dec. 31, 2021		8,842,026
Balance, amount at Dec. 31, 2021	41,675,995	$ 8,842	101,424,922	(241,586)	(59,516,183)
Net income (loss)	(14,152,106)
Balance, amount at Jun. 30, 2022	26,893,891	$ 8,726	100,934,729	(381,275)	(73,668,289)
Balance shares June 30,2022 at Jun. 30, 2022		8,725,476
Balance, shares at Mar. 31, 2022		8,695,785
Balance, amount at Mar. 31, 2022	40,698,569	$ 8,696	100,845,374	(246,421)	(59,909,080)
Issuance of common stock - restricted, shares		29,691
Issuance of common stock - restricted, amount	0	$ 30	(30)	0	0
restricted	89,385	0	89,385	0	0
Foreign currency translation - loss	(134,854)	0	0	(134,854)	0
Net income (loss)	(13,759,209)	0	0	0	(13,759,209)
Balance, amount at Jun. 30, 2022	$ 26,893,891	$ 8,726	$ 100,934,729	$ (381,275)	$ (73,668,289)
Balance shares June 30,2022 at Jun. 30, 2022		8,725,476

Organization and Nature of Oper

Organization and Nature of Operations	3 Months Ended
	Jun. 30, 2022
Organization and Nature of Operations
Organization and Nature of Operations	1. Organization and Nature of Operations Organization WidePoint Corporation (“WidePoint” or the “Company”) was incorporated in Delaware on May 30, 1997 and conducts operations through its wholly-owned operating subsidiaries throughout the continental United States, Ireland, the Netherlands and the United Kingdom. The Company’s principal executive and administrative headquarters is located in Fairfax, Virginia. Nature of Operations The Company is a leading provider of Technology Management as a Service (TMaaS). The Company’s TMaaS platform and service solutions enable its customers to efficiently secure, manage and analyze the entire lifecycle of their mobile communications assets through its federally compliant platform Intelligent Technology Management System (ITMS™). The Company’s ITMS platform is SSAE 18 compliant and was granted an Authority to Operate by the U.S. Department of Homeland Security. Additionally, the Company was granted an Authority to Operate by the General Services Administration with regard to its identity credentialing component of its TMaaS platform. The Company’s TMaaS platform is internally hosted and accessible on-demand through a secure customer portal that is specially configured for each customer. The Company can deliver these solutions in a number of configurations ranging from utilizing the platform as a service to a full-service solution that includes full lifecycle support for all end users and the organization. A significant portion of the Company’s expenses, such as personnel and facilities costs, are fixed in the short term and may not be easily modified to manage through changes in the Company’s market place that may create pressure on pricing and/or costs to deliver its services. The Company has periodic capital expense requirements to maintain and upgrade its internal technology infrastructure tied to its hosted solutions and other such costs may be significant when incurred in any given quarter.

Basis of Presentation and Accou

Basis of Presentation and Accounting Policies	6 Months Ended
	Jun. 30, 2022
Basis of Presentation and Accounting Policies
Basis of Presentation and Accounting Policies	2. Basis of Presentation and Accounting Policies Basis of Presentation The unaudited condensed consolidated financial statements as of June 30, 2022 and for each of the three and six month periods ended June 30, 2022 and 2021, respectively, included herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Pursuant to such regulations, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted. It is the opinion of management that all adjustments (which include normal recurring adjustments) necessary for a fair statement of financial results are reflected in the financial statements for the interim periods presented. The condensed consolidated balance sheet as of December 31, 2021 was derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. The results of operations for the three and six month periods ended June 30, 2022 are not necessarily indicative of the operating results for the full year. Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of the Company, its wholly owned subsidiaries and acquired entities since their respective dates of acquisition. All significant inter-company amounts were eliminated in consolidation. Government Subsidies On March 27, 2020, the U.S. government enacted the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”), which among other things, provides employer payroll tax credits for qualified wages and options to defer payroll tax payments for a limited period. Based on our evaluation of the CARES Act, in certain circumstances, we qualify for certain employer payroll tax credits as well as the deferral of payroll tax payments in the future. The Company recorded the payroll tax credit as a receivable in other current assets on the consolidated balance sheet as of June 30, 2022 and December 31, 2021 Deferred payroll tax payments of $246,000 was included in accrued liabilities on our condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021. Foreign Currency Assets and liabilities denominated in foreign currencies are translated into U.S. dollars based upon exchange rates prevailing at the end of each reporting period. The resulting translation adjustments, along with any related tax effects, are included in accumulated other comprehensive income, a component of stockholders’ equity. Translation adjustments are reclassified to earnings upon the sale or substantial liquidation of investments in foreign operations. Revenues and expenses are translated at the average month-end exchange rates during the year. Gains and losses related to transactions in a currency other than the functional currency, including operations outside the U.S. where the functional currency is the U.S. dollar, are reported net in the Company’s condensed consolidated statements of operations, depending on the nature of the activity. Use of Estimates The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The more significant areas requiring use of estimates and judgment relate to revenue recognition, accounts receivable valuation reserves, ability to realize intangible assets and goodwill, ability to realize deferred income tax assets, fair value of certain financial instruments and the evaluation of contingencies and litigation. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates. There were no significant changes in accounting estimates used by management during the quarter, except for the goodwill impairment adjustment discussed below. Segment Reporting The Company’s TMaaS offerings are substantially managed service driven solutions that use our proprietary technology platform to deliver our services and reported on that basis to its Chief Operating Decision Maker who evaluates its business as a single segment. See Note 16 for detailed information regarding the composition of revenues. Significant Accounting Policies There were no significant changes in the Company’s significant accounting policies during the first six months of 2022 from those disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 28, 2022. Accounting Standards under Evaluation In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

Business Combinations

Business Combinations	6 Months Ended
	Jun. 30, 2022
Business Combinations
Business Combination	3. Business Combination On October 1, 2021, the Company completed the acquisition of specified assets of IT Authorities, Inc. (ITA) to increase its capabilities and broaden its footprint in the commercial sector. The closing purchase price paid by the Company consisted of $4.75 million in cash and 75,000 fully vested warrants to purchase an equal number of shares of the Company’s common stock at an exercise price of $5.33 per share (“Warrants”) exercisable for a period of four years. In addition, the Company agreed to pay contingent consideration to the seller as follows: (i) up to an additional $250,000 and 75,000 Warrants exercisable for four years depending on the EBITDA of the business in 2021; (ii) up to an additional $1.0 million and 150,000 Warrants exercisable for three years depending on the EBITDA of the business in 2022; (iii) up to an additional $1.0 million and 125,000 Warrants exercisable for three years depending on the EBITDA of the business in 2023; and (iv) up to an additional $1.0 million and 125,000 Warrants exercisable for three years depending on the EBITDA of the Business in 2024. In addition, the Company entered into employment agreements with two of the founders of the seller and in the event of the termination of either employee without cause (or by the employee for good reason), the contingent consideration payable under the purchase agreement will be deemed earned and payable for earn-out periods that have not been completed at the time of termination. During the first quarter of 2022, the Company issued 75,000 warrants and paid cash of approximately $250,000 related to ITA achieving EBITDA target for 2021. The following supplemental unaudited pro forma information sets forth unaudited consolidated financial information for the year ended December 31, 2021 for the Company assuming we completed the acquisition on January 1, 2021: THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2021 2021 (a) (a) Revenues $ 22,493 $ 45,360 Net (Loss) Income (148 ) 442 (a) To reflect on a pro forma basis unaudited consolidated financial information assuming we completed the acquisition on January 1, 2021. The unaudited financial information presented herein were derived from historical internally prepared financial statements with certain adjustments for ITA and WidePoint’s audited financial statements.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Measurements
Fair Value Measurements	4. Fair Value Measurements The following tables present information about the Company’s liabilities measured at fair value on a recurring basis in the condensed consolidated balance sheets: Quoted Prices in Significant Other JUNE 30, Active Markets Observable Inputs Unobservable Inputs Description 2022 (Level 1) (Level 2) (Level 3) (Unaudited) Liabilities: Contingent consideration - cash settled $ - $ - $ - $ - Contingent consideration - warrants - - - - Contingent consideration - cash settled, net of current portion 338,000 - - 338,000 Contingent consideration - warrants, net of current portion 42,000 - - 42,000 Total liabilities measured and recorded at fair value $ 380,000 $ - $ - $ 380,000 Quoted Prices in Significant Other DECEMBER 31, Active Markets Observable Inputs Unobservable Inputs Description 2021 (Level 1) (Level 2) (Level 3) Liabilities: Contingent consideration - cash settled $ 250,000 $ - $ - $ 250,000 Contingent consideration - warrants 108,000 - - 108,000 Contingent consideration - cash settled, net of current portion 1,095,000 - - 1,095,000 Contingent consideration - warrants, net of current portion 252,000 - - 252,000 Total liabilities measured and recorded at fair value $ 1,705,000 $ - $ - $ 1,705,000 The Company’s contingent consideration is categorized as Level 3 within the fair value hierarchy. The contingent consideration has been recorded at their fair value using a Monte Carlo simulation model. This model incorporates probability of achievement of certain milestones, risk-free rates and volatility. The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s management with the assistance of a third-party valuation specialist. Management estimates the fair value of the contingent consideration liability based on financial projections of ITA’s business and forecasted results, including revenue growth rates, costs and expenses, volatility, and discount rates. The Company evaluates, on a routine, periodic basis, the estimated fair value of the contingent consideration and quarterly changes in estimated fair value are reflected in other income in the consolidated statements of operations. Changes in the fair value of contingent consideration obligations may result from changes in changes of any of the key assumptions that are used. Changes in the estimated fair value of contingent consideration liability may have a material impact on the Company’s operating results. The following table presents a reconciliation of the change in fair value of contingent consideration for the three and six months ended June 30, 2022: Contingent consideration, December 31, 2021 $ 1,705,000 Change in fair value (gain) reported in the consolidated statement of operations (301,000 ) Contingent consideration settled - cash (171,000 ) Contingent consideration settled - warrants (108,000 ) Contingent consideration, March 31, 2022 1,125,000 Change in fair value (gain) reported in the consolidated statement of operations (666,000 ) Contingent consideration settled - cash (79,000 ) Contingent consideration, June 30, 2022 $ 380,000

Accounts Receivable and Signifi

Accounts Receivable and Significant Concentrations	6 Months Ended
	Jun. 30, 2022
Accounts Receivable and Significant Concentrations
Accounts Receivable and Significant Concentrations	5. Accounts Receivable and Significant Concentrations A significant portion of the Company’s receivables are billed under firm fixed price contracts with agencies of the U.S. federal government and similar pricing structures with several corporations. Accounts receivable consist of the following by customer type in the table below as of the periods presented: JUNE 30, DECEMBER 31, 2022 2021 (Unaudited) Government (1) $ 10,485,480 $ 11,010,794 Commercial (2) 1,984,143 1,588,778 Gross accounts receivable 12,469,623 12,599,572 Less: allowances for doubtful accounts (3) 45,023 62,988 Accounts receivable, net $ 12,424,600 $ 12,536,584 (1) Government contracts are generally firm fixed price not to exceed arrangements with a term of five (5) years, which consists of a base year and four (4) annual option year renewals. Government receivables are billed under a single consolidated monthly invoice and are billed approximately thirty (30) to sixty (60) days in arrears from the date of service and payment is generally due within thirty (30) days of the invoice date. Government accounts receivable payments could be delayed due to administrative processing delays by the government agency, continuing budget resolutions that may delay availability of contract funding, and/or administrative only invoice correction requests by contracting officers that may delay payment processing by our government customers. (2) Commercial contracts are generally fixed price arrangements with contract terms ranging from two (2) to three (3) years. Commercial accounts receivables are billed based on the underlying contract terms and conditions which generally have repayment terms that range from thirty (30) to ninety (90) days. Commercial receivables are stated at amounts due from customers net of an allowance for doubtful accounts if deemed necessary. (3) For the six month period ended June 30, 2022, the Company did not recognize any material provisions of recoveries of existing provision for bad debt. The Company has not historically maintained a bad debt reserve for its government customers as it has not experienced material or recurring bad debt charges and the nature and size of the contracts has not necessitated the Company’s establishment of such a bad debt reserve. Significant Concentrations The following table presents revenue by customer for each of the periods presented: THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, Customer Type 2022 2021 2022 2021 (Unaudited) U.S. Federal Government (1) 80.5 % 83.3 % 79.1 % 82.6 % U.S. State & Local and Foreign Governments 0.5 % 0.4 % 0.6 % 0.4 % Commercial 18.9 % 16.3 % 20.2 % 17.0 % (1) Sales to the U.S. federal government include sales from contracts for which we are the prime contractor, as well as those for which we are a subcontractor and the ultimate customer is the U.S. government.

Unbilled Accounts Receivable

Unbilled Accounts Receivable	6 Months Ended
	Jun. 30, 2022
Accounts Receivable and Significant Concentrations
Unbilled Accounts Receivable	6. Unbilled Accounts Receivable Unbilled accounts receivable represent revenues earned but not invoiced to the customer at the balance sheet date due to either timing of invoice processing or delays due to fixed contractual billing schedules. A significant portion of our unbilled accounts receivable consist of carrier services and hardware and software products delivered but not invoiced at the end of the reporting period. The following table presents customers that represent ten (10) percent or more of consolidated unbilled accounts receivable as of the dates presented below: JUNE 30, DECEMBER 31, 2022 2021 As a % of As a % of Customer Type Receivables Receivables (Unaudited) U.S. Federal Government 96 % 97 % Commercial 4 % 3 %

Other Current Assets and Accrue

Other Current Assets and Accrued Expenses	6 Months Ended
	Jun. 30, 2022
Other Current Assets and Accrued Expenses
Other Current Assets and Other Long Term Assets	7. Other Current Assets and Accrued Expenses Other current assets consisted of the following as of the dates presented below: JUNE 30, DECEMBER 31, 2022 2021 (Unaudited) Inventories $ 724,037 $ 590,065 Prepaid rent, insurance and other assets 920,985 1,307,548 Qualified payroll credit receivable 1,144,365 1,296,396 Total other current assets $ 2,789,387 $ 3,194,009 Accrued expenses consisted of the following as of the dates presented below: JUNE 30, DECEMBER 31, 2022 2021 (Unaudited) Carrier service costs $ 6,808,710 $ 8,771,660 Salaries and payroll taxes 2,071,688 2,213,356 Inventory purchases, consultants and other costs 1,073,639 1,345,900 U.S. Income tax payable (188,370 ) (23,562 ) Other 44,682 37,072 $ 9,810,349 $ 12,344,426

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2022
Property and Equipment
Property and Equipment	8. Property and Equipment Major classes of property and equipment consisted of the following as of the dates presented below: JUNE 30, DECEMBER 31, 2022 2021 (Unaudited) Computer hardware and software $ 3,106,774 $ 2,700,807 Furniture and fixtures 501,175 454,401 Leasehold improvements 278,892 298,352 Automobiles 123,678 137,105 Gross property and equipment 4,010,519 3,590,665 Less: accumulated depreciation and amortization 2,857,629 2,749,532 Property and equipment, net $ 1,152,890 $ 841,133 During the three month and six month periods ended June 30, 2022, property and equipment depreciation expense was approximately $110,000 and $204,200, respectively. During the three month and six month periods ended June 30, 2021, property and equipment depreciation expense was approximately $104,140 and $206,500, respectively. During the six month periods ended June 30, 2022 and 2021, there were no material disposals of owned property and equipment. There were no changes in the estimated useful lives used to depreciate property and equipment during the three and six month periods ended June 30, 2022 and 2021.

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases
Leases	9. Leases On January 1, 2022, the Company entered into an amendment to its lease agreement for its Tampa office to amend the term and the extension option. The amendment updated the term of the lease from sixty (60) calendar months ending December 31, 2026 to the Company’s ability to terminate the lease on June 30, 2022. As a result of the amendment, the Company removed the lease right of use asset and lease liability for its Tampa office from its condensed consolidated balance sheet. The Company accounted for the lease as month to month and recorded the monthly rent expense in its condensed consolidated statement of operations.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets
Goodwill	10. Goodwill and Intangible Assets Goodwill consisted of the following: JUNE 30, 2022 Balances, January 1 $ 22,088,578 Impairment charge (16,277,000 ) Balances, June 30 $ 5,811,578 As a result of the significant decrease in the Company’s publicly quoted share price and market capitalization during the second quarter of 2022, the Company conducted additional testing of its goodwill, definite-lived intangibles, and other long-lived assets as of June 30, 2022. As a result of this review and additional testing, the Company did not identify an impairment to its definite-lived intangible assets or other long lived assets, but the Company did identify an impairment to goodwill resulting in recording a $16.3 million non-cash goodwill impairment charge for the three month period ended June 30, 2022. For the June 30, 2022, the Company performed its additional goodwill impairment test with support from an external consultant and estimated the fair value of its single reporting unit based on a combination of the income (estimates of future discounted cash flows) and the market approach (market multiples for similar companies). The income approach uses a discounted cash flow (DCF) method that utilizes the present value of cash flows to estimate fair value of our reporting unit. The future cash flows for the reporting unit were projected based upon our estimates of future revenue, operating income and other factors such as working capital and capital expenditures. As part of our DCF analysis, the Company projected revenue and operating profits, and assumed a long-term revenue growth rates in the terminal year. The market approach utilizes multiples of revenues and earnings before interest expense, taxes, depreciation and amortization (EBITDA) to estimate the fair value of our reporting unit. The market multiples used for our single reporting unit were based on a group of comparable companies’ market multiples applied to the Company’s revenue and EBITDA. As compared to the Company’s impairment testing on December 31, 2021, for the June 30, 2022 testing the Company updated certain inputs into the valuation models, including the discount rate used in the DCF analysis which increased reflecting, in part, higher interest rates and market volatility, and also the market factors used in the market approach. In addition, the Company reviewed its estimated future cash flows used in the impairment assessment and due to updated business conditions made reductions to those estimates, including revenues, margin, and capital expenditures, to reflect its best estimates as of such date.. JUNE 30, 2022 Gross Carrying Accumulated Net Book Amount Amortization Value (Unaudited) Customer Relationships $ 2,392,000 $ (184,950 ) $ 2,207,050 Channel Relationships 2,628,080 (1,430,844 ) 1,197,236 Internally Developed Software 3,767,380 (1,931,239 ) 1,836,141 Trade Name and Trademarks 1,330,472 (210,647 ) 1,119,825 $ 10,117,932 $ (3,757,680 ) $ 6,360,252 DECEMBER 31, 2021 Gross Carrying Accumulated Net Book Amount Amortization Value Customer Relationships $ 2,392,000 $ (61,650 ) $ 2,330,350 Channel Relationships 2,628,080 (1,343,241 ) 1,284,839 Internally Developed Software 3,082,705 (1,633,516 ) 1,449,189 Trade Name and Trademarks 1,330,472 (165,964 ) 1,164,508 $ 9,433,257 $ (3,204,371 ) $ 6,228,886 For the three and six month periods ended June 30, 2022, the Company capitalized $1.1 million and $1.9 million, respectively, of internally developed software costs, primarily associated with upgrading our ITMS™ (Intelligent Technology Management System), next generation TDI TM For the three and six month periods ended June 30, 2021, the Company capitalized $178,000 and $519,000, respectively, of internally developed software costs, primarily associated with upgrading our ITMS™ secure identity management technology and secure network operations center of which $38,500 was transferred from capital work in progress to internally developed software during the quarter. There were no disposals of intangible assets during the six month period ended June 30, 2022. During the six month period ended June 30, 2021, the Company disposed of fully amortized intangible assets with a historical cost and accumulated amortization of $1,980,000. The aggregate amortization expense recorded for the three month periods ended June 30, 2022 and 2021 were approximately $305,900 and $120,300 respectively. The aggregate amortization expense recorded for the six month periods ended June 30, 2022 and 2021 were approximately $592,500 and $239,300 respectively. As of June 30, 2022, estimated annual amortization for our intangible assets for each of the next five years is approximately: Remainder of 2022 $ 664,399 2023 1,293,569 2024 1,065,112 2025 602,153 2026 511,170 Thereafter 2,223,849 Total $ 6,360,252

Line of Credit

Line of Credit	6 Months Ended
	Jun. 30, 2022
Line of Credit
Line of Credit	11. Line of Credit On June 15, 2017, the Company entered into a Loan and Security Agreement with Atlantic Union Bank (formerly known as Access National Bank) (the “Loan Agreement”). The Loan Agreement provides for a $5.0 million working capital revolving line of credit as described below. Effective, June 15, 2022, the Company entered into a seventh modification agreement (“Modification Agreement”) with Atlantic Union Bank to amend the existing Loan Agreement. The Modification Agreement (i) extended the maturity date of the facility from June 15, 2022 through June 15, 2023, (ii) removed the current ratio and interest coverage ratio financial covenants, (iii) increased the tangible net worth covenant from $2,000,000 to $6,500,000, (iv) added a minimum EBITDA covenant that requires that the Company’s Adjusted EBITDA to not be less than $1,000,000 on a trailing 12-month basis as of the last day of each quarter (See Note 18) and (v) modified the definition of Borrowing Base. Effective, June 27, 2022, the Company entered into an eighth Modification Agreement with Atlantic Union Bank to amend the existing Loan Agreement to increase the working capital revolving line of credit from $5.0 million to $7.0 million. The available amount under the working capital line of credit is subject to a borrowing base, which is equal to the lesser of (i) $7.0 million or (ii) sum of 90% of the net unpaid balance of the Company’s eligible government accounts receivable and 80% of the net unpaid balance of the Company’s eligible commercial accounts receivable. The facility is secured by a first lien security interest on all of the Company’s personal property, including its accounts receivable, general intangibles, inventory and equipment maintained in the United States. As of June 30, 2022, the Company was eligible to borrow up to $7.0 million under the borrowing base formula and was in compliance with all covenants under the Loan Agreement.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Taxes
Income Taxes	12. Income Taxes The Company files U.S. federal income tax returns with the Internal Revenue Service (“IRS”) as well as income tax returns in various states and certain foreign countries. The Company may be subject to examination by the IRS or various state taxing jurisdictions for tax years 2003 and forward. The Company may be subject to examination by various foreign countries for tax years 2014 forward. As of June 30, 2022, the Company was not under examination by the IRS, any state or foreign tax jurisdiction. The Company did not have any unrecognized tax benefits at either June 30, 2022 or December 31, 2021. In the future if applicable, any interest and penalties related to uncertain tax positions will be recognized in income tax expense. As of June 30, 2022, the Company had approximately $34.4 million in net operating loss (NOL) carry forwards available to offset future taxable income for federal income tax purposes. These federal NOL carry forwards expire between 2022 and 2038. Included in the recorded deferred tax asset, the Company had a benefit of approximately $38.4 million available to offset future taxable income for state income tax purposes. These state NOL carry forwards expire between 2024 and 2036. Under the provisions of the Internal Revenue Code, the net operating losses (“NOL”) and tax credit carryforwards are subject to review and possible adjustment by the Internal Revenue Service and state tax authorities. NOL and tax credit carryforwards may become subject to an annual limitation in the event of certain cumulative changes in the ownership interest of significant shareholders over a three-year period in excess of 50%, as defined under Sections 382 and 383 of the Internal Revenue Code of 1986, respectively, as well as similar state tax provisions. This could limit the amount of tax attributes that the Company can utilize annually to offset future taxable income or tax liabilities. The amount of the annual limitation, if any, will be determined based on the value of the Company immediately prior to the ownership change. Subsequent ownership changes may further affect the limitation in future years. This annual limitation may result in the expiration of the net operating losses and credits before utilization. Management assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to use the existing deferred tax assets. Under existing income tax accounting standards such objective evidence is more heavily weighted in comparison to other subjective evidence such as our projections for future growth, tax planning and other tax strategies. There were no changes to the valuation allowance as of June 30, 2022. In the future, changes in the Company’s valuation allowance may result from, among other things, additional pretax operating losses resulting in increases in its valuation allowance or pretax operating income resulting in decreases in its valuation allowance.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2022
Stockholders' Equity
Stockholders' Equity	13. Stockholders’ Equity Common Stock The Company is authorized to issue 30,000,000 shares of common stock, $.001 par value per share. As of June 30, 2022, there were 8,725,476 shares issued and outstanding. During the six month period ended June 30, 2022, there were 83,728 shares of common stock vested in accordance with the vesting terms of the RSAs. Three employees received less than the shares vested because they elected to have a total of 11,280 shares withheld in satisfaction of the employees corresponding tax liability of approximately $49,300. The Company’s payment of this tax liability was recorded as a cash flow from financing activity on the consolidated statement of cash flows. During the six month period ended June 30, 2021, there were 132,384 shares of common stock vested in accordance with the vesting terms of the RSAs. Two employees received less than the shares vested because they elected to have a total of 12,526 shares withheld in satisfaction of each of the employees corresponding tax liability of approximately $140,900. The Company’s payment of this tax liability was recorded as a cash flow from financing activity on the consolidated statement of cash flows. There were no stock option exercises during the six month period ended June 30, 2022. Shares of common stock issued as a result of stock option exercises and realized gross proceeds for the six month period ended June 30, 2021, were 2,500 and $10,250, respectively. Contingent Warrants Liability-classified warrants consist of warrants to acquire common stock at an exercise price of $5.33 per share as part of the consideration for the acquisition of ITA, during the earn-out period from 2021 to 2024. Based on our consideration of the ASC 815-40 guidance, we account for these contingent warrants as a liability. The estimated fair value of outstanding contingent warrants accounted for as liabilities is determined at each balance sheet date. Any decrease or increase in the estimated fair value of the warrant liability since the most recent balance sheet date is recorded in the consolidated statement of operations as a other income (expense). Refer to Notes 3 and 4 for more information about the warrants. Warrants Issued On March 31, 2022, the Company issued a warrant to purchase 75,000 shares of common stock as part of the contingent consideration earned by ITA for 2021 EBITDA achievement. The warrant contains a strike price of $5.33 and has a four-year contractual term. The warrant is classified within stockholders’ equity at its fair value. The fair value of the warrant was determined to be $108,000 utilizing the Black-Scholes-Merton option-pricing model at the time of issuance. Following such issuance, the Company has outstanding warrants to acquire 150,000 shares of common stock at a strike price of $5.33 that expire at terms through October 1, 2025. Stock Repurchase Program On October 7, 2019, the Company announced that its Board of Directors approved a stock repurchase plan (the “Repurchase Plan”) to purchase up to $2.5 million of the Company’s common stock. Any repurchases will be made in compliance with the SEC’s Rule 10b-18 if applicable, and may be made in the open market or in privately negotiated transactions, including the entry into derivatives transactions. During November 2021, the Board increased the size of the Repurchase Plan to up to $5.0 million of the Company’s common stock, increasing the amount available for future purchases under the Repurchase Plan to $4.6 million. During the three month period ended March 31, 2022, we repurchased 196,586 shares of our common stock for a total of $818,200 and subsequently in March of 2022, the Board suspended the repurchase plan in order to use the company’s excess funds to invest into the business. At The Market Offering Agreement On August 18, 2020, the Company entered into an At-The-Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc. (“B. Riley FBR”), The Benchmark Company, LLC (“Benchmark”) and Spartan Capital Securities, LLC (“Spartan”, and together with B. Riley FBR and Benchmark, the “Sales Agents”) which establishes an at-the-market equity program pursuant to which the Company may offer and sell shares of our common stock, par value $0.001 per share, from time to time as set forth in the Sales Agreement. The Sales Agreement provides for the sale of shares of the Company’s common stock (“Shares”) having an aggregate offering price of up to $24,000,000. The Sales Agreement will terminate upon the earlier of sale of all of the Shares under the Sales Agreement or termination of the Sales Agreement as permitted. The Company has no obligation to sell any of the Shares, and, at any time, we may suspend offers under the Sales Agreement or terminate the Sales Agreement. The Company did not sell any shares during the six months ended June 30, 2022. The Company did not sell any shares during the three month period ended June 30, 2021. During the three month period ended March 31, 2021, the Company sold 100,687 shares for gross proceeds of $1.1 million and incurred $62,700 of offering costs.

Share-based Compensation

Share-based Compensation	6 Months Ended
	Jun. 30, 2022
Stockholders' Equity
Share-based Compensation	14. Share-based Compensation Share-based compensation (including restricted stock awards) represents both stock option based expense and stock grant expense. The following table sets forth the composition of stock compensation expense included in general and administrative expense for the periods then ended: THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2022 2021 2022 2021 (Unaudited) Restricted stock compensation expense $ 89,385 $ 214,852 $ 269,126 $ 371,959 Non-qualified option stock compensation expense - 28,969 - 54,704 Total share-based compensation before taxes $ 89,385 $ 243,821 $ 269,126 $ 426,663 The Company’s stock incentive plan is administered by the Compensation Committee of the Board of Directors and authorizes the grant or award of incentive stock options, nonqualified stock options (NQSO), restricted stock awards (RSA), stock appreciation rights, dividend equivalent rights, performance unit awards and phantom shares. The Company issues new shares of common stock upon the exercise of stock options. Restricted Stock The Company records the fair value of all restricted stock awards based on the grant date fair value and amortizes stock compensation on a straight-line basis over the vesting period. Restricted stock award shares are issued when vested and included in the total number of common shares issued and outstanding. During the six month period ended June 30, 2022, the Company granted 56,300 RSAs. During the six month period ended June 30, 2021, the Company granted 83,326 RSAs. Non-Qualified Stock Options The Company estimates the fair value of nonqualified stock awards using a Black-Scholes Option Pricing model (“Black-Scholes model”). The fair value of each stock award is estimated on the date of grant using the Black-Scholes model, which requires an assumption of dividend yield, risk free interest rates, volatility, forfeiture rates and expected option life. The risk-free interest rates are based on the U.S. Treasury yield for a period consistent with the expected term of the option in effect at the time of the grant. Expected volatilities are based on the historical volatility of our common stock over the expected option term. The expected term of options granted is based on analyses of historical employee termination rates and option exercises. There were no non-qualified stock option awards granted during the six month periods ended June 30, 2022 and 2021. At June 30, 2022, the Company had approximately $239,700 of total unrecognized share-based compensation expense, net of estimated forfeitures, related to share-based compensation that will be recognized over the weighted average remaining period of 1.3 years.

Earnings Per Common Share (EPS)

Earnings Per Common Share (EPS)	6 Months Ended
	Jun. 30, 2022
Earnings Per Common Share (EPS)
Earnings Per Common Share (EPS)	15. Earnings Per Common Share (EPS) The computations of basic and diluted earnings per share were as follows for the periods presented below: THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2022 2021 2022 2021 (Unaudited) Basic Earnings Per Share Computation: Net (loss) income $ (13,759,209 ) $ (204,731 ) $ (14,152,106 ) $ 380,693 Weighted average number of common shares 8,696,111 9,072,281 8,739,043 9,033,905 Basic Earnings Per Share $ (1.58 ) $ (0.02 ) $ (1.62 ) $ 0.04 Diluted Earnings Per Share Computation: Net (loss) income $ (13,759,209 ) $ (204,731 ) $ (14,152,106 ) $ 380,693 Weighted average number of common shares 8,696,111 9,072,281 8,739,043 9,033,905 Incremental shares from assumed conversions of dilutive securities - - - 157,627 Adjusted weighted average number of common shares 8,696,111 9,072,281 8,739,043 9,191,532 Diluted Earnings Per Share $ (1.58 ) $ (0.02 ) $ (1.62 ) $ 0.04

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Jun. 30, 2022
Revenue from Contracts with Customers
Revenue by Service Type, Customer Type and by Geographic Region	16. Revenue from Contracts with Customers The following table was prepared to provide additional information about the composition of revenues from contracts with customers for the periods presented: THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2022 2021 2022 2021 (Unaudited) Carrier Services $ 12,500,358 $ 11,898,302 $ 25,432,413 $ 23,247,174 Managed Services 10,556,996 8,085,118 20,061,368 17,387,089 $ 23,057,354 $ 19,983,420 $ 45,493,781 $ 40,634,263 The Company recognized revenues from contracts with customers for the following customer types as set forth below: THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2022 2021 2022 2021 (Unaudited) U.S. Federal Government $ 18,572,618 $ 16,649,566 $ 36,006,341 $ 33,581,297 U.S. State and Local Governments 100,879 64,705 227,021 118,088 Foreign Governments 24,059 12,993 56,466 39,089 Commercial Enterprises 4,359,798 3,256,156 9,203,953 6,895,789 $ 23,057,354 $ 19,983,420 $ 45,493,781 $ 40,634,263 The Company recognized revenues from contracts with customers in the following geographic regions: THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2022 2021 2022 2021 (Unaudited) North America $ 22,236,044 $ 18,763,660 $ 43,670,678 $ 38,173,804 Europe 821,310 1,219,760 1,823,103 2,460,459 $ 23,057,354 $ 19,983,420 $ 45,493,781 $ 40,634,263 During the three months ended June 30, 2022 and 2021, the Company recognized approximately $580,100 and $568,000, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2021 and 2020, respectively. During the six months ended June 30, 2022 and 2021, the Company recognized approximately $1,660,000 and $1,510,000, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2021 and 2020, respectively.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies
Commitments and Contingencies	17. Commitments and Contingencies Employment Agreements The Company has employment agreements with certain executives that set forth compensation levels and provide for severance payments in certain instances. Litigation The Company is not involved in any material legal proceedings.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2022
Subsequent Events
Subsequent Events	18. Subsequent Events As a result of the impairment charge described in Note 10, the Company received from Atlantic Union Bank a clarification to its covenant calculation indicating for the impairment charge to be added to net (loss) income to arrive at Adjusted EBITDA.

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Basis of Presentation and Accounting Policies
Basis of Presentation	The unaudited condensed consolidated financial statements as of June 30, 2022 and for each of the three and six month periods ended June 30, 2022 and 2021, respectively, included herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Pursuant to such regulations, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted. It is the opinion of management that all adjustments (which include normal recurring adjustments) necessary for a fair statement of financial results are reflected in the financial statements for the interim periods presented. The condensed consolidated balance sheet as of December 31, 2021 was derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. The results of operations for the three and six month periods ended June 30, 2022 are not necessarily indicative of the operating results for the full year.
Principles of Consolidation		The accompanying condensed consolidated financial statements include the accounts of the Company, its wholly owned subsidiaries and acquired entities since their respective dates of acquisition. All significant inter-company amounts were eliminated in consolidation.
Government Subsidies		On March 27, 2020, the U.S. government enacted the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”), which among other things, provides employer payroll tax credits for qualified wages and options to defer payroll tax payments for a limited period. Based on our evaluation of the CARES Act, in certain circumstances, we qualify for certain employer payroll tax credits as well as the deferral of payroll tax payments in the future. The Company recorded the payroll tax credit as a receivable in other current assets on the consolidated balance sheet as of June 30, 2022 and December 31, 2021 Deferred payroll tax payments of $246,000 was included in accrued liabilities on our condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021.
Foreign Currency		Assets and liabilities denominated in foreign currencies are translated into U.S. dollars based upon exchange rates prevailing at the end of each reporting period. The resulting translation adjustments, along with any related tax effects, are included in accumulated other comprehensive income, a component of stockholders’ equity. Translation adjustments are reclassified to earnings upon the sale or substantial liquidation of investments in foreign operations. Revenues and expenses are translated at the average month-end exchange rates during the year. Gains and losses related to transactions in a currency other than the functional currency, including operations outside the U.S. where the functional currency is the U.S. dollar, are reported net in the Company’s condensed consolidated statements of operations, depending on the nature of the activity.
Use of Estimates		The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The more significant areas requiring use of estimates and judgment relate to revenue recognition, accounts receivable valuation reserves, ability to realize intangible assets and goodwill, ability to realize deferred income tax assets, fair value of certain financial instruments and the evaluation of contingencies and litigation. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates. There were no significant changes in accounting estimates used by management during the quarter, except for the goodwill impairment adjustment discussed below.
Segment Reporting		The Company’s TMaaS offerings are substantially managed service driven solutions that use our proprietary technology platform to deliver our services and reported on that basis to its Chief Operating Decision Maker who evaluates its business as a single segment. See Note 16 for detailed information regarding the composition of revenues.
Significant Accounting Policies		There were no significant changes in the Company’s significant accounting policies during the first six months of 2022 from those disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 28, 2022.
Accounting Standards under Evaluation		In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
	Jun. 30, 2022
Business Combinations
Schedule of unaudited pro forma	THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2021 2021 (a) (a) Revenues $ 22,493 $ 45,360 Net (Loss) Income (148 ) 442

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Measurements
Schedule of liabilities measured at fair value on a recurring basis	Quoted Prices in Significant Other JUNE 30, Active Markets Observable Inputs Unobservable Inputs Description 2022 (Level 1) (Level 2) (Level 3) (Unaudited) Liabilities: Contingent consideration - cash settled $ - $ - $ - $ - Contingent consideration - warrants - - - - Contingent consideration - cash settled, net of current portion 338,000 - - 338,000 Contingent consideration - warrants, net of current portion 42,000 - - 42,000 Total liabilities measured and recorded at fair value $ 380,000 $ - $ - $ 380,000 Quoted Prices in Significant Other DECEMBER 31, Active Markets Observable Inputs Unobservable Inputs Description 2021 (Level 1) (Level 2) (Level 3) Liabilities: Contingent consideration - cash settled $ 250,000 $ - $ - $ 250,000 Contingent consideration - warrants 108,000 - - 108,000 Contingent consideration - cash settled, net of current portion 1,095,000 - - 1,095,000 Contingent consideration - warrants, net of current portion 252,000 - - 252,000 Total liabilities measured and recorded at fair value $ 1,705,000 $ - $ - $ 1,705,000
Fair value of contingent consideration	Contingent consideration, December 31, 2021 $ 1,705,000 Change in fair value (gain) reported in the consolidated statement of operations (301,000 ) Contingent consideration settled - cash (171,000 ) Contingent consideration settled - warrants (108,000 ) Contingent consideration, March 31, 2022 1,125,000 Change in fair value (gain) reported in the consolidated statement of operations (666,000 ) Contingent consideration settled - cash (79,000 ) Contingent consideration, June 30, 2022 $ 380,000

Accounts Receivable and Signi_2

Accounts Receivable and Significant Concentrations (Tables)	6 Months Ended
	Jun. 30, 2022
Accounts Receivable and Significant Concentrations
Schedule of accounts receivable	JUNE 30, DECEMBER 31, 2022 2021 (Unaudited) Government (1) $ 10,485,480 $ 11,010,794 Commercial (2) 1,984,143 1,588,778 Gross accounts receivable 12,469,623 12,599,572 Less: allowances for doubtful accounts (3) 45,023 62,988 Accounts receivable, net $ 12,424,600 $ 12,536,584
Schedule of concentration of risk	THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, Customer Type 2022 2021 2022 2021 (Unaudited) U.S. Federal Government (1) 80.5 % 83.3 % 79.1 % 82.6 % U.S. State & Local and Foreign Governments 0.5 % 0.4 % 0.6 % 0.4 % Commercial 18.9 % 16.3 % 20.2 % 17.0 %

Unbilled Accounts Receivable (T

Unbilled Accounts Receivable (Tables)	6 Months Ended
	Jun. 30, 2022
Accounts Receivable and Significant Concentrations
Schedule of concentration of risk	JUNE 30, DECEMBER 31, 2022 2021 As a % of As a % of Customer Type Receivables Receivables (Unaudited) U.S. Federal Government 96 % 97 % Commercial 4 % 3 %

Other Current Assets and Other

Other Current Assets and Other Long Term Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Other Current Assets and Accrued Expenses
Schedule of Other current assets	JUNE 30, DECEMBER 31, 2022 2021 (Unaudited) Inventories $ 724,037 $ 590,065 Prepaid rent, insurance and other assets 920,985 1,307,548 Qualified payroll credit receivable 1,144,365 1,296,396 Total other current assets $ 2,789,387 $ 3,194,009
Schedule of other long term assets	JUNE 30, DECEMBER 31, 2022 2021 (Unaudited) Carrier service costs $ 6,808,710 $ 8,771,660 Salaries and payroll taxes 2,071,688 2,213,356 Inventory purchases, consultants and other costs 1,073,639 1,345,900 U.S. Income tax payable (188,370 ) (23,562 ) Other 44,682 37,072 $ 9,810,349 $ 12,344,426

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2022
Property and Equipment
Property, plant and equipment	JUNE 30, DECEMBER 31, 2022 2021 (Unaudited) Computer hardware and software $ 3,106,774 $ 2,700,807 Furniture and fixtures 501,175 454,401 Leasehold improvements 278,892 298,352 Automobiles 123,678 137,105 Gross property and equipment 4,010,519 3,590,665 Less: accumulated depreciation and amortization 2,857,629 2,749,532 Property and equipment, net $ 1,152,890 $ 841,133

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets
Schedule of goodwill	JUNE 30, 2022 Balances, January 1 $ 22,088,578 Impairment charge (16,277,000 ) Balances, June 30 $ 5,811,578
Schedule of Intangible assets	JUNE 30, 2022 Gross Carrying Accumulated Net Book Amount Amortization Value (Unaudited) Customer Relationships $ 2,392,000 $ (184,950 ) $ 2,207,050 Channel Relationships 2,628,080 (1,430,844 ) 1,197,236 Internally Developed Software 3,767,380 (1,931,239 ) 1,836,141 Trade Name and Trademarks 1,330,472 (210,647 ) 1,119,825 $ 10,117,932 $ (3,757,680 ) $ 6,360,252 DECEMBER 31, 2021 Gross Carrying Accumulated Net Book Amount Amortization Value Customer Relationships $ 2,392,000 $ (61,650 ) $ 2,330,350 Channel Relationships 2,628,080 (1,343,241 ) 1,284,839 Internally Developed Software 3,082,705 (1,633,516 ) 1,449,189 Trade Name and Trademarks 1,330,472 (165,964 ) 1,164,508 $ 9,433,257 $ (3,204,371 ) $ 6,228,886
Schedule of Estimated annual amortization of Intangible assets	Remainder of 2022 $ 664,399 2023 1,293,569 2024 1,065,112 2025 602,153 2026 511,170 Thereafter 2,223,849 Total $ 6,360,252

Share-based Compensation (Table

Share-based Compensation (Table)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets
Share-based Compensation (table)	THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2022 2021 2022 2021 (Unaudited) Restricted stock compensation expense $ 89,385 $ 214,852 $ 269,126 $ 371,959 Non-qualified option stock compensation expense - 28,969 - 54,704 Total share-based compensation before taxes $ 89,385 $ 243,821 $ 269,126 $ 426,663

Earnings Per Common Share (EP_2

Earnings Per Common Share (EPS) (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Common Share (EPS)
Schedule of earnings per share, basic and diluted	THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2022 2021 2022 2021 (Unaudited) Basic Earnings Per Share Computation: Net (loss) income $ (13,759,209 ) $ (204,731 ) $ (14,152,106 ) $ 380,693 Weighted average number of common shares 8,696,111 9,072,281 8,739,043 9,033,905 Basic Earnings Per Share $ (1.58 ) $ (0.02 ) $ (1.62 ) $ 0.04 Diluted Earnings Per Share Computation: Net (loss) income $ (13,759,209 ) $ (204,731 ) $ (14,152,106 ) $ 380,693 Weighted average number of common shares 8,696,111 9,072,281 8,739,043 9,033,905 Incremental shares from assumed conversions of dilutive securities - - - 157,627 Adjusted weighted average number of common shares 8,696,111 9,072,281 8,739,043 9,191,532 Diluted Earnings Per Share $ (1.58 ) $ (0.02 ) $ (1.62 ) $ 0.04

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contracts with Customers
Schedule of consolidated revenues	THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2022 2021 2022 2021 (Unaudited) Carrier Services $ 12,500,358 $ 11,898,302 $ 25,432,413 $ 23,247,174 Managed Services 10,556,996 8,085,118 20,061,368 17,387,089 $ 23,057,354 $ 19,983,420 $ 45,493,781 $ 40,634,263
Revenue from external customers by customers type	THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2022 2021 2022 2021 (Unaudited) U.S. Federal Government $ 18,572,618 $ 16,649,566 $ 36,006,341 $ 33,581,297 U.S. State and Local Governments 100,879 64,705 227,021 118,088 Foreign Governments 24,059 12,993 56,466 39,089 Commercial Enterprises 4,359,798 3,256,156 9,203,953 6,895,789 $ 23,057,354 $ 19,983,420 $ 45,493,781 $ 40,634,263
Revenue from external customers by geographic areas	THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2022 2021 2022 2021 (Unaudited) North America $ 22,236,044 $ 18,763,660 $ 43,670,678 $ 38,173,804 Europe 821,310 1,219,760 1,823,103 2,460,459 $ 23,057,354 $ 19,983,420 $ 45,493,781 $ 40,634,263

Basis of Presentation and Acc_2

Basis of Presentation and Accounting Policies (Details Narrative) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Basis of Presentation and Accounting Policies
Deferred payroll tax payments	$ 246,000	$ 246,000

Business Combination (Details)

Business Combination (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2021
Net income		$ 585,424
Pro Forma
Revenues	$ 22,493		$ 45,360
Net income	$ (148)		$ 442

Business Combination (Details N

Business Combination (Details Narrative) - USD ($)		3 Months Ended
	Oct. 01, 2021	Mar. 31, 2022
Acquisition of specified assets purchase price paid in cash	$ 4,750,000
Warrants to purchase common stock, shares	75,000
Warrants, exercise price	$ 5.33
Warrants, exercisable period	four years
Warrants issued during period, shares		75,000
Contingent consideration paid, cash		$ 250,000
2021
Contingent consideration payable	$ 250,000
Additional warrants issued, shares	75,000
Additional warrants issued, exercisable period	four years
2022
Contingent consideration payable	$ 1,000,000
Additional warrants issued, shares	150,000
Additional warrants issued, exercisable period	three years
2023
Contingent consideration payable	$ 1,000,000
Additional warrants issued, shares	125,000
Additional warrants issued, exercisable period	three years
2024
Contingent consideration payable	$ 1,000,000
Additional warrants issued, shares	125,000
Additional warrants issued, exercisable period	three years

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Contingent consideration - cash settled	$ 0	$ 250,000
Contingent consideration - warrants	0	108,000
Contingent consideration - cash settled, net of current portion	338,000	1,095,000
Contingent consideration - warrants, net of current portion	42,000	252,000
Total liabilities measured and recorded at fair value	380,000	1,705,000
Fair Value, Inputs, Level 3 [Member]
Contingent consideration - cash settled	0	250,000
Contingent consideration - warrants	0	108,000
Contingent consideration - cash settled, net of current portion	338,000	1,095,000
Contingent consideration - warrants, net of current portion	42,000	252,000
Total liabilities measured and recorded at fair value	$ 380,000	$ 1,705,000

Fair Value Measurements (Deta_2

Fair Value Measurements (Details 1) - USD ($)	3 Months Ended
	Jun. 30, 2022	Mar. 31, 2022
Fair Value Measurements
Contingent consideration, beginning	$ 1,125,000	$ 1,705,000
Change in fair value (gain) reported in the consolidated statement of operations	(666,000)	(301,000)
Contingent consideration settled - cash	79,000	171,000
Contingent consideration settled - warrants	0	108,000
Contingent consideration, ending	$ 380,000	$ 1,125,000

Accounts Receivable and Signi_3

Accounts Receivable and Significant Concentrations (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Gross accounts receivable	$ 12,469,623	$ 12,599,572
Less: allowances for doubtful accounts	45,023	62,988
Accounts receivable, net	12,424,600	12,536,584
Commercial
Gross accounts receivable	1,984,143	1,588,778
Government
Gross accounts receivable	$ 10,485,480	$ 11,010,794

Accounts Receivable and Signi_4

Accounts Receivable and Significant Concentrations (Details 1)	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Commercial
Concentration risk	18.90%	16.30%	20.20%	17%
U.S Federal Government
Concentration risk	80.50%	83.30%	79.10%	82.60%
U.S. State and Local and Foreign Governments
Concentration risk	0.50%	0.40%	0.60%	0.40%

Unbilled Accounts Receivable (D

Unbilled Accounts Receivable (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
U.S Federal Government
Concentration risk	80.50%	83.30%	79.10%	82.60%
U.S Federal Government | Accounts Receivable
Concentration risk			96%		97%
Commercial
Concentration risk	18.90%	16.30%	20.20%	17%
Commercial | Accounts Receivable
Concentration risk			4%		3%

Other Current Assets and Accr_2

Other Current Assets and Accrued Expenses (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Other Current Assets and Accrued Expenses
Inventories	$ 724,037	$ 590,065
Prepaid rent, insurance and other assets	920,985	1,307,548
Qualified payroll credit receivable	1,144,365	1,296,396
Total other current assets	$ 2,789,387	$ 3,194,009

Other Current Assets and Accr_3

Other Current Assets and Accrued Expenses (Details 1) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Other Current Assets and Accrued Expenses
Carrier service costs	$ 6,808,710	$ 8,771,660
Salaries and payroll taxes	2,071,688	2,213,356
Inventory purchases, consultants and other costs	1,073,639	1,345,900
U.S. Income tax payable	(188,370)	(23,562)
Other	44,682	37,072
Accrued expenses	$ 9,810,349	$ 12,344,426

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Gross property and equipment	$ 4,010,519	$ 3,590,665
Less: accumulated depreciation and amortization	2,857,629	2,749,532
Property and equipment, net	1,152,890	841,133
Computer Hardware Software
Gross property and equipment	3,106,774	2,700,807
Furniture and Fixtures
Gross property and equipment	501,175	454,401
Leasehold Improvements
Gross property and equipment	278,892	298,352
Automobiles
Gross property and equipment	$ 123,678	$ 137,105

Property and Equipment (Detai_2

Property and Equipment (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Depreciation expense			$ 540,361	$ 504,798
Property, Plant and Equipment
Depreciation expense	$ 110,000	$ 104,140	$ 204,200	$ 206,500

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Goodwill and Intangible Assets
Beginning balance of Goodwill			$ 22,088,578
Impairment charge	$ (16,277,000)	$ 0	(16,277,000)	$ 0
Ending balance of Goodwill	$ 5,811,578		$ 5,811,578

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Details 1) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Gross carrying amount	$ 10,117,932	$ 9,433,257
Accumulated amortization	(3,757,680)	(3,204,371)
Net book value	6,360,252	6,228,886
Trade Name and Trademarks
Gross carrying amount	1,330,472	1,330,472
Accumulated amortization	(210,647)	(165,964)
Net book value	1,119,825	1,164,508
Customer Relationships
Gross carrying amount	2,392,000	2,392,000
Accumulated amortization	(184,950)	(61,650)
Net book value	2,207,050	2,330,350
Channel Relationships
Gross carrying amount	2,628,080	2,628,080
Accumulated amortization	(1,430,844)	(1,343,241)
Net book value	1,197,236	1,284,839
Internally Developed Software
Gross carrying amount	3,767,380	3,082,705
Accumulated amortization	(1,931,239)	(1,633,516)
Net book value	$ 1,836,141	$ 1,449,189

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Details 2) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Goodwill and Intangible Assets
Remainder of 2022	$ 664,399
2023	1,293,569
2024	1,065,112
2025	602,153
2026	511,170
Thereafter	2,223,849
Total	$ 6,360,252	$ 6,228,886

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Capitalized software cost	$ 1,100,000	$ 178,000,000,000	$ 1,900,000	$ 519,000
Aggregate amortization expense	305,900	$ 120,300	592,500	239,300
Cost and accumulated amortization				1,980,000
Impairment charges	$ 16,300,000		16,277,000	0
Property, Plant and Equipment
Capitalized software cost			316,900
Internally Developed Software
Capitalized software cost			$ 699,360	$ 38,500

Line of Credit (Details Narrati

Line of Credit (Details Narrative) - USD ($)	1 Months Ended	6 Months Ended
	Jun. 15, 2022	Jun. 30, 2022	Jun. 27, 2022	Jun. 15, 2017
Line of credit borrowing capacity		$ 7,000,000
Net paid percentage		90%
Loan Agreement
Line of credit borrowing capacity		$ 7,000,000
Borrowing base amount	$ 1,000,000
Working capital revolving line of credit			$ 5,000,000	$ 5,000,000
Borrowing term	12 years
Description of date of maturity extention	The Modification Agreement (i) extended the maturity date of the facility from June 15, 2022 through June 15, 2023
Quarterly minimum tangible net worth				200,000,000,000
Percentage of unpaid balance of eligible accounts receivable		80%
Loan Agreement | Maximum
Working capital revolving line of credit			$ 7,000,000	$ 650,000,000,000

Income Taxes (Details Narrative

Income Taxes (Details Narrative) $ in Millions	Jun. 30, 2022 USD ($)
Income Taxes
Deferred tax assets, operating loss carryforwards, Federal	$ 34.4
Deferred tax assets, operating loss carryforwards, State	$ 38.4

Stockholders Equity (Details Na

Stockholders Equity (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Nov. 30, 2021	Oct. 01, 2021	Aug. 18, 2020	Oct. 07, 2019
Common stock, shares authorized			30,000,000		30,000,000
Common stock, par value per share			$ 1
Common stock, shares issued			8,725,476		8,842,026
Common stock, shares outstanding			8,725,476		8,842,026
Proceeds from issuance of stock options				$ 2,500
Proceeds from stock options exercised			$ 0	$ 10,250
Warrants, exercise price							$ 5.33
Common stock, par value per share			$ 0.001		$ 0.001
RSAs
Common stock, vested in period			83,728	132,384
Shares withheld for tax withholding obligation			11,280	12,526
RSAs vested, tax liability			$ 49,300	$ 140,900
Conigent Warrants
Warrants, exercise price			$ 5.33
Warrants
Warrants, exercise price	$ 5.33
Number of securities called by warrants	75,000
Warrants, contractual term	5.33
Warrants, fair value	$ 108,000
Warrants, outstanding	150,000
At The Market Offering Agreement
Common stock, par value per share								$ 0.001
Sale of stock, number of shares issued		100,687
Proceeds from issuance or sale of equity		$ 110,000
Payments of stock offering costs		$ 62,700
Aggregate offering price								$ 24,000,000
Repurchase Plan
Stock repurchase program, authorized amount						$ 5,000,000			$ 2,500,000
Remaining authorized repurchase amount						$ 4,600,000
Stock repurchased during period, shares	196,586
Stock repurchased during period, amount	$ 818,200

Sharebased Compensation (Detail

Sharebased Compensation (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Total share-based compensation before taxes	$ 89,385	$ 243,821	$ 269,126	$ 426,663
Non-qualified Stock Options
Total share-based compensation before taxes	0	28,969	0	54,704
RSAs
Total share-based compensation before taxes	$ 89,385	$ 214,852	$ 269,126	$ 371,959

Sharebased Compensation (Deta_2

Sharebased Compensation (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cost not yet recognized, weighted average period for recognition	1 year 3 months 18 days
Total unrecognized share-based compensation expense	$ 239,700
RSAs
Awards granted	56,300	83,326

Earnings Per Common Share (EP_3

Earnings Per Common Share (EPS) (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Basic EPS Computation:
Net (loss) income	$ (13,759,209)	$ (392,897)	$ (204,731)	$ (14,152,106)	$ 380,693
Weighted average number of common shares	8,696,111		9,072,281	8,739,043	9,033,905
Basic EPS	$ (1.58)		$ (0.02)	$ (1.62)	$ 0.04
Diluted EPS Computation:
Net (loss) income	$ (13,759,209)		$ (204,731)	$ (14,152,106)	$ 380,693
Weighted average number of common shares	8,696,111		9,072,281	8,739,043	9,033,905
Incremental shares from assumed conversions of stock options	0		0	0	157,627
Adjusted weighted average number of common shares	8,696,111		9,072,281	8,739,043	9,191,532
Diluted EPS	$ (1.58)		$ (0.02)	$ (1.62)	$ 0.04

Revenue from Contracts with C_3

Revenue from Contracts with Customers (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues	$ 23,057,354	$ 19,983,420	$ 45,493,781	$ 40,634,263
Carrier Services
Revenues	12,500,358	11,898,302	25,432,413	23,247,174
Managed Services
Revenues	$ 10,556,996	$ 8,085,118	$ 20,061,368	$ 17,387,089

Revenue from Contracts with C_4

Revenue from Contracts with Customers (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues,net	$ 23,057,354	$ 19,983,420	$ 45,493,781	$ 40,634,263
U.S Federal Government
Revenues,net	18,572,618	16,649,566	36,006,341	33,581,297
U.S. State and Local Governments
Revenues,net	100,879	64,705	227,021	118,088
Foreign Governments
Revenues,net	24,059	12,993	56,466	39,089
Commercial Enterprises
Revenues,net	$ 4,359,798	$ 3,256,156	$ 9,203,953	$ 6,895,789

Revenue from Contracts with C_5

Revenue from Contracts with Customers (Details 2) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues,net	$ 23,057,354	$ 19,983,420	$ 45,493,781	$ 40,634,263
North America
Revenues,net	22,236,044	18,763,660	43,670,678	38,173,804
Europe
Revenues,net	$ 821,310	$ 1,219,760	$ 1,823,103	$ 2,460,459

Revenue from Contracts with C_6

Revenue from Contracts with Customers (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue from Contracts with Customers
Deferred revenue	$ 580,100	$ 568,000	$ 1,660,000	$ 1,510,000