Firefly Neuroscience (AIFF) 10-Q 23 Aug 21 2021 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2021	Aug. 12, 2021
Document Information [Line Items]
Entity Central Index Key	0000803578
Entity Registrant Name	INFORMATION ANALYSIS INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Document Transition Report	false
Entity File Number	000-22405
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	54-1167364
Entity Address, Address Line One	12015 Lee Jackson Memorial Highway
Entity Address, City or Town	Fairfax
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22033
City Area Code	703
Local Phone Number	383-3000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		12,045,690

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents	$ 1,532,764	$ 1,858,160
Accounts receivable	2,097,521	1,442,231
Contract assets	477,268	0
Prepaid expenses	130,604	142,770
Other current assets	8,082	0
Total current assets	4,246,239	3,443,161
Intangible assets, net of amortization of $43,851 and $0	1,446,149	0
Goodwill	785,000	0
Contract assets - non-current	0	210,688
Right-of-use operating lease asset	297,620	51,405
Property and equipment, net of accumulated depreciation and amortization of $324,442 and $312,320	72,498	62,166
Other assets	5,706	6,281
Total assets	6,853,212	3,773,701
Current liabilities
Accounts payable	747,942	103,646
Revolving line of credit	402,306	0
Notes payable - current	855,134	93,009
Accrued payroll and related liabilities	571,089	375,168
Commissions payable	256,075	181,626
Other accrued liabilities	108,183	54,274
Contract liabilities	105,884	946,884
Operating lease liability - current	18,008	45,595
Interest payable	8,125	3,125
Total current liabilities	3,072,746	1,803,327
Note payable - non-current	661,533	356,991
Operating lease liability - non-current	273,906	0
Total liabilities	4,008,185	2,160,318
Stockholders' equity
Common stock, $0.01 par value, 30,000,000 shares authorized, 13,688,306 and 12,904,376 shares issued, 12,045,690 and 11,261,760 shares outstanding as of June 30, 2021, and December 31, 2020, respectively	136,882	129,043
Additional paid-in capital	15,629,898	14,720,065
Accumulated deficit	(11,991,542)	(12,305,514)
Treasury stock, 1,642,616 shares at cost	(930,211)	(930,211)
Total stockholders' equity	2,845,027	1,613,383
Total liabilities and stockholders' equity	$ 6,853,212	$ 3,773,701

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Intangible assets, accumulated amortization	$ 43,851	$ 0
Property and equipment, accumulated depreciation and amortization	$ 324,442	$ 312,320
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	13,688,306	12,904,376
Common stock, shares outstanding (in shares)	12,045,690	11,261,760
Treasury stock, shares (in shares)	1,642,616	1,642,616

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenues
Total revenues	$ 4,731,961	$ 4,819,395	$ 8,151,541	$ 6,881,151
Cost of revenues
Total cost of revenues	3,776,033	4,430,379	6,175,963	6,213,308
Gross profit	955,928	389,016	1,975,578	667,843
Selling, general and administrative expenses	800,137	366,170	1,345,800	706,983
Acquisition costs	82,756	0	153,286	0
Commissions expense	19,056	57,296	153,643	122,917
Income (loss) from operations	53,979	(34,450)	322,849	(162,057)
Other expense, net	(10,822)	(170)	(8,877)	1,098
Income (loss) before provision for income taxes	43,157	(34,620)	313,972	(160,959)
Provision for income taxes	0	0	0	0
Net income (loss)	43,157	(34,620)	313,972	(160,959)
Comprehensive income (loss)	$ 43,157	$ (34,620)	$ 313,972	$ (160,959)
Net income (loss) per common share - basic (in dollars per share)	$ 0	$ 0	$ 0.03	$ (0.01)
Net income (loss) per common share - diluted (in dollars per share)	$ 0	$ 0	$ 0.03	$ (0.01)
Weighted average common shares outstanding
Basic (in shares)	11,980,397	11,211,760	11,633,464	11,211,760
Diluted (in shares)	12,665,267	11,211,760	12,305,182	11,211,760
Professional Fees [Member]
Revenues
Total revenues	$ 3,328,274	$ 928,421	$ 5,767,533	$ 1,772,824
Cost of revenues
Total cost of revenues	2,397,895	601,672	3,865,594	1,181,303
Software Sales [Member]
Revenues
Total revenues	1,403,687	3,890,974	2,384,008	5,108,327
Cost of revenues
Total cost of revenues	$ 1,378,138	$ 3,828,707	$ 2,310,369	$ 5,032,005

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net income (loss)	$ 313,972	$ (160,959)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	55,973	2,986
Stock option compensation	139,573	806
Changes in operating assets and liabilities:
Accounts receivable	(43,819)	(299,175)
Prepaid expenses and other current assets	10,997	411,991
Contract assets	(266,580)	(13,918)
Accounts payable	359,906	(40,585)
Contract liabilities	(841,000)	(399,879)
Accrued payroll and related liabilities and other accrued liabilities	80,400	(16,628)
Commissions payable	74,448	(4,112)
Net cash used in operating activities	(116,130)	(519,473)
Cash flows from investing activities
Acquisition of property and equipment	(22,454)	(8,797)
Acquisition of Tellenger, net of cash acquired	(2,233,884)	0
Net cash used in investing activities	(2,256,338)	(8,797)
Cash flows from financing activities
Net borrowing under revolving line of credit	402,306	0
Short-term borrowing - acquisition	150,000	0
Borrowing under long-term note	1,000,000	450,000
Principal payments - long-term note	(83,333)	0
Net proceeds from issuance of stock	494,554	0
Proceeds from issuance of stock from exercise of options	83,545	0
Net cash provided by financing activities	2,047,072	450,000
Net decrease in cash and cash equivalents	(325,396)	(78,270)
Cash and cash equivalents, beginning of the period	1,858,160	1,039,442
Cash and cash equivalents, end of the period	1,532,764	961,172
Supplemental cash flow Information
Interest paid	11,422	0
Tellenger, Inc. [Member]
Non-cash investing and financiang activities
Value of common stock issued in connection with the acquisition of Tellenger, Inc.	$ 200,000	$ 0

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
Balances at Dec. 31, 2019	$ 128,543	$ 14,682,937	$ (12,718,893)	$ (930,211)	$ 1,162,376
Net income (loss)	0	0	(126,339)	0	(126,339)
Stock option compensation	0	450	0	0	450
Balances at Mar. 31, 2020	128,543	14,683,387	(12,845,232)	(930,211)	1,036,487
Balances at Dec. 31, 2019	128,543	14,682,937	(12,718,893)	(930,211)	1,162,376
Net income (loss)					(160,959)
Balances at Jun. 30, 2020	128,543	14,683,743	(12,879,852)	(930,211)	1,002,223
Balances at Mar. 31, 2020	128,543	14,683,387	(12,845,232)	(930,211)	1,036,487
Net income (loss)	0	0	(34,620)	0	(34,620)
Stock option compensation	0	356	0	0	356
Balances at Jun. 30, 2020	128,543	14,683,743	(12,879,852)	(930,211)	1,002,223
Balances at Dec. 31, 2020	129,043	14,720,065	(12,305,514)	(930,211)	1,613,383
Net income (loss)	0	0	270,815	0	270,815
Stock option compensation	0	27,711	0	0	27,711
Stock issued	3,306	492,693	0	0	495,999
Issuance of stock from exercise of options	250	3,300	0	0	3,550
Balances at Mar. 31, 2021	132,599	15,243,769	(12,034,699)	(930,211)	2,411,458
Balances at Dec. 31, 2020	129,043	14,720,065	(12,305,514)	(930,211)	1,613,383
Net income (loss)					313,972
Balances at Jun. 30, 2021	136,882	15,629,898	(11,991,542)	(930,211)	2,845,027
Balances at Mar. 31, 2021	132,599	15,243,769	(12,034,699)	(930,211)	2,411,458
Net income (loss)	0	0	43,157	0	43,157
Stock option compensation	0	111,862	0	0	111,862
Stock issued	683	197,872	0	0	198,555
Issuance of stock from exercise of options	3,600	76,395	0	0	79,995
Balances at Jun. 30, 2021	$ 136,882	$ 15,629,898	$ (11,991,542)	$ (930,211)	$ 2,845,027

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	1. Summary of Significant Accounting Policies Organization and Business Information Analysis Incorporated (the “Company” or “IAI”), in conjunction with its subsidiary, is primarily serving the U.S. government as a technology integrator. IAI provides information technology (“IT”) services with a specialized set of capabilities. The Company has a long and successful history of over 40 100 On April 7, 2021, 3 first Unaudited Interim Condensed Consolidated Financial Statements The accompanying unaudited consolidated financial statements (“financial statements”) have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions for Form 10 8 03 X. not December 31, 2020 10 March 31, 2021 ( December 31, 2020, not The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Tellenger. All significant intercompany transactions and balances have been eliminated in consolidation. The following policies have been added to Note 1, June 30, 2021: no June 30, 2021, 1, 10 December 31, 2020, March 31, 2021. Use of Estimates and Assumptions The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that affect certain 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 revenue and expenses during the reporting period. Actual results can, and in many cases will, differ from those estimates. Revenue Recognition See Note 2 No. 2014 09, 606 2014 09” 606” Segment Reporting The Company has assessed its Tellenger subsidiary and has continued to conclude that it operates in one business segment, providing information technology products and services to modernize, secure, and increase functionality of client information systems. Cash and Cash Equivalents The Company considers all highly liquid investments with maturities of 90 not Accounts Receivable Accounts receivable consist of trade accounts receivable and do not not 90 not June 30, 2021 December 31, 2020. Property and Equipment Property and equipment are stated at cost and are depreciated using the straight-line method over the estimated useful lives of the assets. Furniture and fixtures are depreciated over the lesser of the useful life or five three five three Stock-Based Compensation At December 31, 2020, 6 three June 30, 2021 2020, six June 30, 2021 2020, Income Taxes Deferred tax assets and liabilities are computed based on the difference between the financial statement and tax basis of assets and liabilities and are measured by applying enacted tax rates and laws for the taxable years in which those differences are expected to reverse. In addition, a valuation allowance is required to be recognized if it is believed more likely than not not not, The Company has analyzed its income tax positions using the criteria required by GAAP and concluded that as of June 30, 2021, December 31, 2020, no no none December 31, 2021. Income (Loss) Per Share The Company’s income (loss) per share calculations are based upon the weighted average number of shares of common stock outstanding. The dilutive effect of stock options, warrants and other equity instruments are included for purposes of calculating diluted income per share, except for periods when the Company reports a net loss, in which case the inclusion of such equity instruments would be antidilutive. See Note 10 Related Party Transactions The Company’s Director of Human Resources is the spouse of Stan Reese, who served as the Senior Vice President and Chief Operating Officer of the Company through December 31, 2020, three June 30, 2021 2020, six June 30, 2021 2020, Business Combinations The Company applies the guidance of Accounting Standards Codification (“ASC”) Topic 805, Intangibles and Goodwill The Company accounts for goodwill and other intangible assets in accordance with ASC 350. not may not June 30, 2021. no December 31, 2020. COVID- 19 The COVID- 19 not may may may may may not 19 To date, the COVID- 19 not 19

Note 2 - Revenue From Contracts

Note 2 - Revenue From Contracts With Customers	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	2. Revenue from Contracts with Customers Revenue is recognized when all of the following steps have been taken and criteria met for each contract: • Identification of the contract, or contracts, with a customer - • Identification of the performance obligations in the contract - third not • Determination of the transaction price - • Allocation of the transaction price to the performance obligations in the contract - • Recognition of revenue when, or as, the Company satisfies performance obligations - Nature of Products and Services The Company generates revenue from the sales of information technology professional services, sales of third third third Professional services are offered through several arrangements – through time and materials arrangements, fixed-price-per-unit arrangements, fixed-price arrangements, or combinations of these arrangements within individual contracts. Revenue under time and materials arrangements is recognized over time in the period the hours are worked or the expenses are incurred, as control of the benefits of the work is deemed to have passed to the customer as the work is performed. Revenue under fixed-price-per-unit arrangements is recognized at a point in time when delivery of units have occurred and units are accepted by the customer or are reasonably expected to be accepted. Generally, revenue under fixed-price arrangements and mixed arrangements is recognized either over time or at a point in time based on the allocation of transaction pricing to each identified performance obligation as control of each is transferred to the customer. For fixed-price arrangements for which the Company is paid a fixed fee to make itself available to support a customer, with no Third-party software licenses are classified as enterprise server-based software licenses or desktop software licenses, and desktop licenses are further classified by the type of customer and whether the licenses are bulk licenses or individual licenses. The Company’s obligations as the seller for each class differ based on its reseller agreements and whether its customers are government or non-government customers. Revenue from enterprise server-based sales to either government or non-government customers is usually recognized in full at a point in time based on when the customer gains use of the full benefit of the licenses, after the licenses are implemented. If the transaction prices of the performance obligations related to implementation and customer support for the individual contract is material, these obligations are recognized separately over time, as performed. Revenue for desktop software licenses for government customers is usually recognized on a gross basis at a point in time, based on when the customer’s administrative contact gains training in and beneficial use of the administrative portal. If the transaction prices of the performance obligations related to implementing the government administrator’s use of the administrative portal and administrator support for the individual contract are material (rare), these obligations are recognized separately over time, as performed. Revenue for bulk desktop software licenses for non-government customers is usually recognized on a gross basis at a point in time, based on when the customer’s administrative contact gains training in and beneficial use of the administrative portal. For desktop software licenses sold on an individual license basis to non-government customers, where the Company has no third Third-party support and maintenance contracts for enterprise server-based software include a performance obligation under the Company’s reseller agreements for it to be the first second not Incentive payments are received under reseller agreements with software manufacturers and suppliers where the Company introduces and courts a customer, but the sale occurs directly between the customer and the supplier or between the customer and the manufacturer. Since the transfer of control of the licenses cannot be measured from outside of these transactions, revenue is recognized when payment from the manufacturer or supplier is received. Disaggregation of Revenue from Contracts with Customers Contract 3 Months ended 06/30/2021 3 Months ended 06/30/2020 6 Months ended 06/30/2021 6 Months ended 06/30/2020 Type Amount Percentage Amount Percentage Amount Percentage Amount Percentage Services Time & Materials $ 2,847,962 60.2 % $ 730,813 15.2 % $ 4,814,091 59.1 % $ 1,321,383 19.2 % Services Fixed Price 416,751 8.8 % 27,150 0.6 % 433,551 5.3 % 150,555 2.2 % Services Combination 49,401 1.1 % 134,038 2.8 % 459,270 5.6 % 216,446 3.2 % Services Fixed Price per Unit 14,160 0.3 % 36,420 0.7 % 60,620 0.7 % 84,440 1.2 % Third-Party Software 1,317,514 27.8 % 3,607,116 74.8 % 2,238,210 27.5 % 4,611,420 67.0 % Software Support & Maintenance 85,336 1.8 % 263,125 5.5 % 102,275 1.3 % 475,693 6.9 % Incentive Payments 837 0.0 % 20,733 0.4 % 43,524 0.5 % 21,214 0.3 % Total Revenue $ 4,731,961 $ 4,819,395 $ 8,151,541 $ 6,881,151 Contract Balances Accounts Receivable Trade accounts receivable are recorded at the billable amount where the Company has the unconditional right to bill, net of allowances for doubtful accounts. The allowance for doubtful accounts is based on the Company’s assessment of the collectability of accounts. Management regularly reviews the adequacy of the allowance for doubtful accounts by considering the age of each outstanding invoice, each customer's expected ability to pay and collection history, when applicable, to determine whether a specific allowance is appropriate. Accounts receivable deemed uncollectible are charged against the allowance for doubtful accounts when identified. There were no such allowances recognized at June 30, 2021, December 31, 2020. not one Contract Assets Contract assets consist of assets resulting when revenue recognized exceeds the amount billed or billable to the customer due to allocation of transaction price, and of amounts withheld from payment of invoices as a financing component of a contract. Changes in contract assets balances in the three six June 30, 2021 2020, Contract Assets Balance at December 31, 2020 $ 210,688 Contract assets added 131,923 Balance at March 31, 2021 342,611 Contract assets added 134,657 Balance at June 30, 2021 $ 477,268 Balance at December 31, 2019 $ - Balance at March 31, 2020 - Contract assets added 13,918 Balance at June 30, 2020 $ 13,918 Contract Liabilities Contract liabilities consist of amounts that have been invoiced and for which the Company has the right to bill, but that have not not three six June 30, 2021 2020, Contract Liabilities Balance at December 31, 2020 $ 946,884 Contract liabilities added 93,934 Revenue recognized (585,322 ) Balance at March 31, 2021 455,496 Contract liabilities added 4,815 Revenue recognized (354,427 ) Balance at June 30, 2021 $ 105,884 Balance at December 31, 2019 $ 464,223 Contract liabilities added 19,136 Revenue recognized (212,568 ) Balance at March 31, 2020 270,791 Contract liabilities added 9,906 Revenue recognized (216,353 ) Balance at June 30, 2020 $ 64,344 Revenues recognized during the six June 30, 2021 2020, December 31, 2020 2019, Costs to Obtain or Fulfill a Contract When applicable, the Company recognizes an asset related to the costs incurred to obtain a contract only if it expects to recover those costs and it would not not no June 30, 2021, December 31, 2020. Financing Components In instances where the timing of revenue recognition differs from the timing of invoicing, the Company has determined that one of its subcontracts to a prime contractor includes a significant financing component. The subcontract is invoiced on a time and materials basis, under which 90% of each invoice amount is paid under regular terms, and the 10% payment balance of each invoice is deferred until the prime contractor meets a specific deliverable under its prime contract, which was originally projected to be June 2022, September 2021. Deferred Costs of Revenue Deferred costs of revenue consist of the costs of third three six June 30, 2021 2020, Deferred Costs of Revenue Balance at December 31, 2020 $ 89,068 Defered costs added 17,406 Deferred costs expensed (75,223 ) Balance at March 31, 2021 31,251 Defered costs added 11,188 Deferred costs expensed (16,681 ) Balance at June 30, 2021 $ 25,758 Balance at December 31, 2019 $ 453,607 Defered costs added 181 Deferred costs expensed (207,437 ) Balance at March 31, 2020 246,351 Defered costs added 2,472 Deferred costs expensed (192,548 ) Balance at June 30, 2020 $ 56,275

Note 3 - Leases

Note 3 - Leases	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	3. Leases The Company has a primary operating lease which is a real estate lease for its headquarters in Fairfax, Virginia. This lease has a fixed lease term of 66 months and commenced July 1, 2021. June 30, 2021, December 31, 2020. June 30, 2021, December 31, 2020, not The Company’s primary operating lease asset represents its right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. Since the lease does not not The Company also has an operating lease which is a real estate lease for its Tellenger subsidiary. The original term of the lease expired, and it continues on a month-to-month basis at a fixed rate of $900 per month. Neither a lease asset nor a lease liability is recognized for this lease. The Company’s lease agreements do not The Company does not third The following table provides supplemental balance sheet information related to the Company’s operating lease: Balance Sheet as of as of Classification June 30, 2021 December 31, 2020 Assets: Right-to-use operating lease asset $ 297,620 $ 51,405 Liabilities: Operating lease liability - current $ 18,008 $ 45,595 Operating lease liability - non-current 273,906 Total lease liabilities $ 291,914 $ 45,595 The following table reconciles the undiscounted cash flows to the operating lease liabilities recorded in the Company’s consolidated balance sheet at June 30, 2021. June 30, 2021 Remainder of 2021 $ 5,706 2022 69,477 2023 71,210 2024 54,550 2025 74,804 2026 70,220 Total lease payments 345,967 Less: discount (54,053 ) Present value of lease liabilities $ 291,914 As of June 30, 2021, 66 three June 30, 2021 2020, six June 30, 2021 2020,

Note 4 - Accounts Receivable

Note 4 - Accounts Receivable	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Accounts and Nontrade Receivable [Text Block]	4. Accounts Receivable Accounts receivable at June 30, 2021 December 31, 2020, June 30, 2021 December 31, 2020 Billed federal government $ 1,947,648 $ 1,425,217 Billed commercial and other 64,035 - Total billed 2,011,683 1,425,217 Unbilled receivables 85,838 17,014 Accounts receivable $ 2,097,521 $ 1,442,231 Billed receivables from the federal government include amounts due from both prime contracts and subcontracts where the federal government is the end customer. Unbilled receivables include short-term contract assets where billing cycles differ from calendar months or a monthly fixed billing amount does not

Note 5 - Acquisition

Note 5 - Acquisition	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Business Combination Disclosure [Text Block]	5. Acquisition On April 7, 2021, three six June 30, 2021, Tellenger is primarily engaged in the businesses of cyber security, cloud services, and data analytics services. Tellenger has access to a range of federal government contract vehicles and subcontracts under federal government agencies which include the Department of Homeland Security, the U.S. Department of Agriculture, the Department of Health and Human Services, the U.S. Marine Corps, and the U.S. Census Bureau, among others. Tellenger also performs cloud services for several national not 3, Following the April 7, 2021, 805 The purchase price allocation has been prepared on a preliminary basis and changes to the preliminary purchase price allocations may first eight three 350, 350” The components of the Company’s identifiable intangible assets are as follows: June 30, 2021 Gross Useful Carrying Lives (years) Amounts Intangible assets with estimated useful lives Customer relationships 8 $ 1,090,000 Non-compete agreements 3 120,000 Intangible assets with indefinite lives Trade names 280,000 Gross identified intangible assets 1,490,000 Accumulated amortization (43,851 ) Net identifiable intangible assets 1,446,149 Goodwill 785,000 Intangible assets $ 2,231,149 Amortization expense related to the amortizable intangible assets was $43,851 for the three six June 30, 2021. six 2021 five 2021 July 1 - December 31, 2021 $ 88,122 2022 176,244 2023 176,244 2024 146,259 2025 136,248 2026 136,248 Thereafter 306,784 Total $ 1,166,149 Supplemental Pro Forma Information The following unaudited pro forma financial information presents combined results of operations for the period presented as if the acquisition of Tellenger had been completed on January 1, 2020. The pro forma data are for informational purposes only and are not January 1, 2020, not Three months ended Three months ended Six months ended Six months ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Revenue $ 4,800,099 $ 5,945,701 $ 9,377,504 $ 8,997,670 Income (loss) from operations $ 48,489 $ (39,860 ) $ 375,774 $ (262,372 )

Note 6 - Stock-based Compensati

Note 6 - Stock-based Compensation	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	6. Stock-Based Compensation The Company has two 2006 2006 “2006 April 12, 2016. June 1, 2016, 2016 “2016 April 4, 2016. The Company recognizes compensation costs only for those shares expected to vest on a straight-line basis over the requisite service period of the awards. Such options generally vest over periods of six two three six June 30, 2021 2020, Three Months Ended Three Months Ended Six Months Ended Six Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Risk-free interest rate 0.77% - 0.87% 0.33% 0.46% - 0.92% 0.33% Dividend yield 0% 0% 0% 0% Expected term (in years) 5 5 5 5 Expected volatility 47.1% - 47.7% 65.8% - 66.0% 47.1% - 92.6% 65.8% - 66.0% Given the limited public market for the Company’s stock, the Company has elected to estimate its expected volatility by benchmarking its volatility against the calculated volatility of several public company issuers that operate within its market segment. The first March 31, 2021. 2016 The 2016 June 1, 2016, April 4, 2026. 2016 may 2016 2016 no ten June 30, 2021, 2016 2006 The 2006 May 18, 2006, April 12, 2016. 2006 2006 no ten three 2006 not 2006 June 30, 2021, The status of the options issued under the foregoing option plans as of June 30, 2021 2020, three six June 30, 2021 2020, Options outstanding Weighted average Weighted average Aggregate exercise price remaining intrinsic Incentive Options Shares per share contractual term value Outstanding at December 31, 2020 1,395,000 $ 0.31 Options granted 145,000 2.62 Options exercised (25,000 ) 0.14 Outstanding at March 31, 2021 1,515,000 $ 0.53 Options granted 127,500 2.85 Options exercised (360,000 ) 0.22 Options expired (20,000 ) 0.17 Outstanding at June 30, 2021 1,262,500 $ 0.86 6 years $ 2,876,868 Exercisable at June 30, 2021 780,000 $ 0.33 3 years, 2 months $ 2,194,843 Outstanding at December 31, 2019 1,349,000 $ 0.23 Options expired (129,000 ) 0.17 Outstanding at March 31, 2020 1,220,000 0.24 Options granted 10,000 0.15 Options expired (10,000 ) 0.19 Outstanding at June 30, 2020 1,220,000 $ 0.24 3 years, 9 months $ 37,353 Exercisable at June 30, 2020 1,207,000 $ 0.24 3 years, 8 months $ 36,703 There were 127,500 options and 10,000 options granted during the three June 30, 2021 2020, six June 30, 2021 2020, no three June 30, 2021 2020, no six June 30, 2021 2020, June 30, 2021, five Total compensation expense related to these plans was $111,862 and $356 for the three June 30, 2021 2020, six June 30, 2021 2020, Nonvested option awards as of June 30, 2021 2020, three six June 30, 2021 2020, Nonvested Weighted average grant date Shares fair value Nonvested at December 31, 2020 235,000 $ 0.36 Granted 145,000 1.22 Vested - - Forfeited - - Nonvested at March 31, 2021 380,000 $ 0.94 Granted 127,500 1.19 Vested (25,000 ) 1.01 Forfeited - - Nonvested at June 30, 2021 482,500 $ 0.94 Nonvested at December 31, 2019 23,500 $ 0.17 Granted - - Vested (5,000 ) 0.21 Forfeited - - Nonvested at March 31, 2020 18,500 $ 0.15 Granted 10,000 0.08 Vested (15,500 ) 0.16 Forfeited - - Nonvested at June 30, 2020 13,000 $ 0.09

Note 7 - Revolving Line of Cred

Note 7 - Revolving Line of Credit	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	7. Revolving Line of Credit At June 30, 2021, April 16, 2022. June 30, 2021, The Company previously had a revolving line of credit with another bank (“prior LOC”) providing for demand or short-term borrowings of up to $1,000,000. The prior LOC originally was due to expire on July 31, 2021. May 3, 2021. December 31, 2020.

Note 8 - Notes Payable

Note 8 - Notes Payable	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Long-term Debt [Text Block]	8. Notes Payable Due to the coronavirus uncertainty, and staffing and payroll cuts that were being considered in early 2020 April 20, 2020, 1% two first may In conjunction with the Tellenger acquisition, on April 16, 2021, two To assist with working capital considerations, the Company borrowed $150,000 from the sellers of Tellenger ("Tellenger Working Capital") for a period of 90 April 7, 2021, July 2021. The following table represents note payable balances at June 30, 2021 December 31, 2020: June 30, 2021 December 31, 2020 PPP loan $ 450,000 $ 450,000 Tellenger Working Capital 150,000 - Term loan 916,667 - Total 1,516,667 450,000 Less current portion (855,134 ) (93,009 ) Non-current portion $ 661,533 $ 356,991 Notes Payable Payment Schedule Term Loan PPP Loan* Tellenger Working Capital Total Remainder of 2021 $ 250,000 $ 93,009 $ 150,000 $ 493,009 2022 500,000 224,810 - 724,810 2023 166,667 132,181 - 298,848 Total payments $ 916,667 $ 450,000 $ 150,000 $ 1,516,667 *PPP loan is eligible for foregiveness in its entirety. The amount of forgiveness for which IAI may

Note 9 - Earnings (Loss) Per Sh

Note 9 - Earnings (Loss) Per Share	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	9. Earnings (Loss) Per Share Basic loss per share excludes dilution and is computed by dividing loss available to common shareholders by the weighted-average number of shares outstanding for the period. Diluted earnings (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, except for periods when the Company reports a net loss because the inclusion of such items would be antidilutive. The antidilutive effect of 64,076 shares from stock options were excluded from diluted shares for the three six June 30, 2020. The following is a reconciliation of the amounts used in calculating basic and diluted net income (loss) per common share: Net income Per share (loss) Shares amount Basic net income per common share for the three months ended June 30, 2021: Income available to common shareholders $ 43,157 11,980,397 $ - Effect of dilutive stock options - 684,870 - Diluted net income per common share for the three months ended June 30, 2021 $ 43,157 12,665,267 $ - Basic net loss per common share for the three months ended June 30, 2020: Income available to common shareholders $ (34,620 ) 11,211,760 $ - Effect of dilutive stock options - - - Diluted net income per common share for the three months ended June 30, 2020: $ (34,620 ) 11,211,760 $ - Net income Per share (loss) Shares amount Basic net income per common share for the six months ended June 30, 2021: Income available to common shareholders $ 313,972 11,633,464 $ 0.03 Effect of dilutive stock options - 671,718 - Diluted net income per common share for the six months ended June 30, 2021 $ 313,972 12,305,182 $ 0.03 Basic net loss per common share for the six months ended June 30, 2020: Loss available to common shareholders $ (160,959 ) 11,211,760 $ (0.01 ) Effect of dilutive stock options - - - Diluted net loss per common share for the six months ended June 30, 2020 $ (160,959 ) 11,211,760 $ (0.01 )

Note 10 - Subsequent Events

Note 10 - Subsequent Events	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Subsequent Events [Text Block]	10. Subsequent Events The Company’s management reviewed all material events through the date the consolidated financial statements were issued for subsequent event disclosure consideration. There were no June 30, 2021,

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Organization and Business [Policy Text Block]	Organization and Business Information Analysis Incorporated (the “Company” or “IAI”), in conjunction with its subsidiary, is primarily serving the U.S. government as a technology integrator. IAI provides information technology (“IT”) services with a specialized set of capabilities. The Company has a long and successful history of over 40 100 On April 7, 2021, 3 first
Basis of Accounting, Policy [Policy Text Block]	Unaudited Interim Condensed Consolidated Financial Statements The accompanying unaudited consolidated financial statements (“financial statements”) have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions for Form 10 8 03 X. not December 31, 2020 10 March 31, 2021 ( December 31, 2020, not The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Tellenger. All significant intercompany transactions and balances have been eliminated in consolidation. The following policies have been added to Note 1, June 30, 2021: no June 30, 2021, 1, 10 December 31, 2020, March 31, 2021.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates and Assumptions The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that affect certain 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 revenue and expenses during the reporting period. Actual results can, and in many cases will, differ from those estimates.
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition See Note 2 No. 2014 09, 606 2014 09” 606”
Segment Reporting, Policy [Policy Text Block]	Segment Reporting The Company has assessed its Tellenger subsidiary and has continued to conclude that it operates in one business segment, providing information technology products and services to modernize, secure, and increase functionality of client information systems.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents The Company considers all highly liquid investments with maturities of 90 not
Accounts Receivable [Policy Text Block]	Accounts Receivable Accounts receivable consist of trade accounts receivable and do not not 90 not June 30, 2021 December 31, 2020.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Property and equipment are stated at cost and are depreciated using the straight-line method over the estimated useful lives of the assets. Furniture and fixtures are depreciated over the lesser of the useful life or five three five three
Share-based Payment Arrangement [Policy Text Block]	Stock-Based Compensation At December 31, 2020, 6 three June 30, 2021 2020, six June 30, 2021 2020,
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred tax assets and liabilities are computed based on the difference between the financial statement and tax basis of assets and liabilities and are measured by applying enacted tax rates and laws for the taxable years in which those differences are expected to reverse. In addition, a valuation allowance is required to be recognized if it is believed more likely than not not not, The Company has analyzed its income tax positions using the criteria required by GAAP and concluded that as of June 30, 2021, December 31, 2020, no no none December 31, 2021.
Earnings Per Share, Policy [Policy Text Block]	Income (Loss) Per Share The Company’s income (loss) per share calculations are based upon the weighted average number of shares of common stock outstanding. The dilutive effect of stock options, warrants and other equity instruments are included for purposes of calculating diluted income per share, except for periods when the Company reports a net loss, in which case the inclusion of such equity instruments would be antidilutive. See Note 10
Related Party Transactions, Policy [Policy Text Block]	Related Party Transactions The Company’s Director of Human Resources is the spouse of Stan Reese, who served as the Senior Vice President and Chief Operating Officer of the Company through December 31, 2020, three June 30, 2021 2020, six June 30, 2021 2020,
Business Combinations Policy [Policy Text Block]	Business Combinations The Company applies the guidance of Accounting Standards Codification (“ASC”) Topic 805,
Goodwill and Intangible Assets, Policy [Policy Text Block]	Intangibles and Goodwill The Company accounts for goodwill and other intangible assets in accordance with ASC 350. not may not June 30, 2021. no December 31, 2020.
COVID-19 [Policy Text Block]	COVID- 19 The COVID- 19 not may may may may may not 19 To date, the COVID- 19 not 19

Note 2 - Revenue From Contrac_2

Note 2 - Revenue From Contracts With Customers (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Contract 3 Months ended 06/30/2021 3 Months ended 06/30/2020 6 Months ended 06/30/2021 6 Months ended 06/30/2020 Type Amount Percentage Amount Percentage Amount Percentage Amount Percentage Services Time & Materials $ 2,847,962 60.2 % $ 730,813 15.2 % $ 4,814,091 59.1 % $ 1,321,383 19.2 % Services Fixed Price 416,751 8.8 % 27,150 0.6 % 433,551 5.3 % 150,555 2.2 % Services Combination 49,401 1.1 % 134,038 2.8 % 459,270 5.6 % 216,446 3.2 % Services Fixed Price per Unit 14,160 0.3 % 36,420 0.7 % 60,620 0.7 % 84,440 1.2 % Third-Party Software 1,317,514 27.8 % 3,607,116 74.8 % 2,238,210 27.5 % 4,611,420 67.0 % Software Support & Maintenance 85,336 1.8 % 263,125 5.5 % 102,275 1.3 % 475,693 6.9 % Incentive Payments 837 0.0 % 20,733 0.4 % 43,524 0.5 % 21,214 0.3 % Total Revenue $ 4,731,961 $ 4,819,395 $ 8,151,541 $ 6,881,151
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Contract Assets Balance at December 31, 2020 $ 210,688 Contract assets added 131,923 Balance at March 31, 2021 342,611 Contract assets added 134,657 Balance at June 30, 2021 $ 477,268 Balance at December 31, 2019 $ - Balance at March 31, 2020 - Contract assets added 13,918 Balance at June 30, 2020 $ 13,918 Contract Liabilities Balance at December 31, 2020 $ 946,884 Contract liabilities added 93,934 Revenue recognized (585,322 ) Balance at March 31, 2021 455,496 Contract liabilities added 4,815 Revenue recognized (354,427 ) Balance at June 30, 2021 $ 105,884 Balance at December 31, 2019 $ 464,223 Contract liabilities added 19,136 Revenue recognized (212,568 ) Balance at March 31, 2020 270,791 Contract liabilities added 9,906 Revenue recognized (216,353 ) Balance at June 30, 2020 $ 64,344
Deferred Costs of Revenue [Table Text Block]	Deferred Costs of Revenue Balance at December 31, 2020 $ 89,068 Defered costs added 17,406 Deferred costs expensed (75,223 ) Balance at March 31, 2021 31,251 Defered costs added 11,188 Deferred costs expensed (16,681 ) Balance at June 30, 2021 $ 25,758 Balance at December 31, 2019 $ 453,607 Defered costs added 181 Deferred costs expensed (207,437 ) Balance at March 31, 2020 246,351 Defered costs added 2,472 Deferred costs expensed (192,548 ) Balance at June 30, 2020 $ 56,275

Note 3 - Leases (Tables)

Note 3 - Leases (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Operating Lease, Assets and Liabilities, Lessee [Table Text Block]	Balance Sheet as of as of Classification June 30, 2021 December 31, 2020 Assets: Right-to-use operating lease asset $ 297,620 $ 51,405 Liabilities: Operating lease liability - current $ 18,008 $ 45,595 Operating lease liability - non-current 273,906 Total lease liabilities $ 291,914 $ 45,595
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	June 30, 2021 Remainder of 2021 $ 5,706 2022 69,477 2023 71,210 2024 54,550 2025 74,804 2026 70,220 Total lease payments 345,967 Less: discount (54,053 ) Present value of lease liabilities $ 291,914

Note 4 - Accounts Receivable (T

Note 4 - Accounts Receivable (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, 2021 December 31, 2020 Billed federal government $ 1,947,648 $ 1,425,217 Billed commercial and other 64,035 - Total billed 2,011,683 1,425,217 Unbilled receivables 85,838 17,014 Accounts receivable $ 2,097,521 $ 1,442,231

Note 5 - Acquisition (Tables)

Note 5 - Acquisition (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	June 30, 2021 Gross Useful Carrying Lives (years) Amounts Intangible assets with estimated useful lives Customer relationships 8 $ 1,090,000 Non-compete agreements 3 120,000 Intangible assets with indefinite lives Trade names 280,000 Gross identified intangible assets 1,490,000 Accumulated amortization (43,851 ) Net identifiable intangible assets 1,446,149 Goodwill 785,000 Intangible assets $ 2,231,149
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	July 1 - December 31, 2021 $ 88,122 2022 176,244 2023 176,244 2024 146,259 2025 136,248 2026 136,248 Thereafter 306,784 Total $ 1,166,149
Business Acquisition, Pro Forma Information [Table Text Block]	Three months ended Three months ended Six months ended Six months ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Revenue $ 4,800,099 $ 5,945,701 $ 9,377,504 $ 8,997,670 Income (loss) from operations $ 48,489 $ (39,860 ) $ 375,774 $ (262,372 )

Note 6 - Stock-based Compensa_2

Note 6 - Stock-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Three Months Ended Three Months Ended Six Months Ended Six Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Risk-free interest rate 0.77% - 0.87% 0.33% 0.46% - 0.92% 0.33% Dividend yield 0% 0% 0% 0% Expected term (in years) 5 5 5 5 Expected volatility 47.1% - 47.7% 65.8% - 66.0% 47.1% - 92.6% 65.8% - 66.0%
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Options outstanding Weighted average Weighted average Aggregate exercise price remaining intrinsic Incentive Options Shares per share contractual term value Outstanding at December 31, 2020 1,395,000 $ 0.31 Options granted 145,000 2.62 Options exercised (25,000 ) 0.14 Outstanding at March 31, 2021 1,515,000 $ 0.53 Options granted 127,500 2.85 Options exercised (360,000 ) 0.22 Options expired (20,000 ) 0.17 Outstanding at June 30, 2021 1,262,500 $ 0.86 6 years $ 2,876,868 Exercisable at June 30, 2021 780,000 $ 0.33 3 years, 2 months $ 2,194,843 Outstanding at December 31, 2019 1,349,000 $ 0.23 Options expired (129,000 ) 0.17 Outstanding at March 31, 2020 1,220,000 0.24 Options granted 10,000 0.15 Options expired (10,000 ) 0.19 Outstanding at June 30, 2020 1,220,000 $ 0.24 3 years, 9 months $ 37,353 Exercisable at June 30, 2020 1,207,000 $ 0.24 3 years, 8 months $ 36,703
Schedule of Nonvested Share Activity [Table Text Block]	Nonvested Weighted average grant date Shares fair value Nonvested at December 31, 2020 235,000 $ 0.36 Granted 145,000 1.22 Vested - - Forfeited - - Nonvested at March 31, 2021 380,000 $ 0.94 Granted 127,500 1.19 Vested (25,000 ) 1.01 Forfeited - - Nonvested at June 30, 2021 482,500 $ 0.94 Nonvested at December 31, 2019 23,500 $ 0.17 Granted - - Vested (5,000 ) 0.21 Forfeited - - Nonvested at March 31, 2020 18,500 $ 0.15 Granted 10,000 0.08 Vested (15,500 ) 0.16 Forfeited - - Nonvested at June 30, 2020 13,000 $ 0.09

Note 8 - Notes Payable (Tables)

Note 8 - Notes Payable (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Schedule of Debt [Table Text Block]	June 30, 2021 December 31, 2020 PPP loan $ 450,000 $ 450,000 Tellenger Working Capital 150,000 - Term loan 916,667 - Total 1,516,667 450,000 Less current portion (855,134 ) (93,009 ) Non-current portion $ 661,533 $ 356,991
Schedule of Maturities of Long-term Debt [Table Text Block]	Notes Payable Payment Schedule Term Loan PPP Loan* Tellenger Working Capital Total Remainder of 2021 $ 250,000 $ 93,009 $ 150,000 $ 493,009 2022 500,000 224,810 - 724,810 2023 166,667 132,181 - 298,848 Total payments $ 916,667 $ 450,000 $ 150,000 $ 1,516,667

Note 9 - Earnings (Loss) Per _2

Note 9 - Earnings (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Net income Per share (loss) Shares amount Basic net income per common share for the three months ended June 30, 2021: Income available to common shareholders $ 43,157 11,980,397 $ - Effect of dilutive stock options - 684,870 - Diluted net income per common share for the three months ended June 30, 2021 $ 43,157 12,665,267 $ - Basic net loss per common share for the three months ended June 30, 2020: Income available to common shareholders $ (34,620 ) 11,211,760 $ - Effect of dilutive stock options - - - Diluted net income per common share for the three months ended June 30, 2020: $ (34,620 ) 11,211,760 $ - Net income Per share (loss) Shares amount Basic net income per common share for the six months ended June 30, 2021: Income available to common shareholders $ 313,972 11,633,464 $ 0.03 Effect of dilutive stock options - 671,718 - Diluted net income per common share for the six months ended June 30, 2021 $ 313,972 12,305,182 $ 0.03 Basic net loss per common share for the six months ended June 30, 2020: Loss available to common shareholders $ (160,959 ) 11,211,760 $ (0.01 ) Effect of dilutive stock options - - - Diluted net loss per common share for the six months ended June 30, 2020 $ (160,959 ) 11,211,760 $ (0.01 )

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Number of Operating Segments			1
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 0		$ 0		$ 0
Share-based Payment Arrangement, Expense	111,862	$ 356	139,573	$ 806
Operating Loss Carryforwards, Total	2,700,000		2,700,000
Goodwill, Ending Balance	$ 785,000		785,000		$ 0
Director of Human Resources [Member] | Wages and Paid Leave Distributions [Member]
Related Party Transaction, Amounts of Transaction			33,300	39,953
Employee of the Company [Member] | Wages and Paid Leave Distributions [Member]
Related Party Transaction, Amounts of Transaction			$ 70,811	$ 74,489
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)			5 years
Off-the-Shelf Software [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)			3 years
Computer Equipment and Software [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)			5 years
Software Development [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)			3 years

Note 2 - Revenue From Contrac_3

Note 2 - Revenue From Contracts With Customers (Details Textual)	6 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 0		$ 0
Contract with Customer, Liability, Revenue Recognized	$ 845,463	$ 409,786
Number of Subcontracts with Significant Financing Component	1
Subcontract, Payments Receivable Under Regular Terms, Percent	90.00%
Subcontract, Payments Receivable Deferred Until Specific Deliverable is Met, Percent	10.00%
Subcontract, Payments Receivable, Interest Rate	4.50%

Note 2 - Revenue from Contrac_4

Note 2 - Revenue from Contracts with Customers - Disaggregation of Revenue from Contracts with Customers (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenue, Amount	$ 4,731,961	$ 4,819,395	$ 8,151,541	$ 6,881,151
Revenue, Percentage
Services Time and Materials [Member]
Revenue, Amount	$ 2,847,962	$ 730,813	$ 4,814,091	$ 1,321,383
Services Time and Materials [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	60.20%	15.20%	59.10%	19.20%
Services Fixed Price [Member]
Revenue, Amount	$ 416,751	$ 27,150	$ 433,551	$ 150,555
Services Fixed Price [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	8.80%	0.60%	5.30%	2.20%
Services Combination [Member]
Revenue, Amount	$ 49,401	$ 134,038	$ 459,270	$ 216,446
Services Combination [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	1.10%	2.80%	5.60%	3.20%
Services Fixed Price per Unit [Member]
Revenue, Amount	$ 14,160	$ 36,420	$ 60,620	$ 84,440
Services Fixed Price per Unit [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	0.30%	0.70%	0.70%	1.20%
Third-Party Software [Member]
Revenue, Amount	$ 1,317,514	$ 3,607,116	$ 2,238,210	$ 4,611,420
Third-Party Software [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	27.80%	74.80%	27.50%	67.00%
Software Support and Maintenance [Member]
Revenue, Amount	$ 85,336	$ 263,125	$ 102,275	$ 475,693
Software Support and Maintenance [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	1.80%	5.50%	1.30%	6.90%
Incentive Payments [Member]
Revenue, Amount	$ 837	$ 20,733	$ 43,524	$ 21,214
Incentive Payments [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	0.00%	0.40%	0.50%	0.30%

Note 2 - Revenue from Contrac_5

Note 2 - Revenue from Contracts with Customers - Changes in Contract Assets and Liabilities (Details) - USD ($)	3 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020
Contract assets, balance	$ 342,611	$ 210,688	$ 0	$ 0
Contract assets added	134,657	131,923	13,918
Contract assets, balance	477,268	342,611	13,918	0
Contract assets, balance	477,268	342,611	13,918	0
Contract liabilities, balance	455,496	946,884	270,791	464,223
Contract liabilities added	4,815	93,934	9,906	19,136
Revenue recognized	(354,427)	(585,322)	(216,353)	(212,568)
Contract liabilities, balance	$ 105,884	$ 455,496	$ 64,344	$ 270,791

Note 2 - Revenue from Contrac_6

Note 2 - Revenue from Contracts with Customers - Deferred Costs of Revenue Balances Included in Prepaid Expenses (Details) - USD ($)	3 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020
Balance, deferred costs of revenue	$ 31,251	$ 89,068	$ 246,351	$ 453,607
Defered costs added	11,188	17,406	2,472	181
Deferred costs expensed	(16,681)	(75,223)	(192,548)	(207,437)
Balance, deferred costs of revenue	$ 25,758	$ 31,251	$ 56,275	$ 246,351

Note 3 - Leases (Details Textua

Note 3 - Leases (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Lessee, Operating Lease, Term of Contract (Month)	66 months		66 months
Operating Lease, Payments	$ 900
Operating Lease, Weighted Average Discount Rate, Percent	5.50%	5.50%	5.50%	5.50%
Operating Lease, Expense	$ 26,122	$ 26,122	$ 52,244	$ 52,244

Note 3 - Leases - Operating Lea

Note 3 - Leases - Operating Lease Balance Sheet Information (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Right-of-use operating lease asset	$ 297,620	$ 51,405
Operating lease liability - current	18,008	45,595
Operating lease liability - non-current	273,906	0
Total lease liabilities	$ 291,914	$ 45,595

Note 3 - Leases - Operating L_2

Note 3 - Leases - Operating Lease Maturities (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Remainder of 2021	$ 5,706
2022	69,477
2023	71,210
2024	54,550
2025	74,804
2026	70,220
Total lease payments	345,967
Less: discount	(54,053)
Present value of lease liabilities	$ 291,914	$ 45,595

Note 4 - Accounts Receivable -

Note 4 - Accounts Receivable - Accounts Receivable (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Accounts receivable	$ 2,097,521	$ 1,442,231
Billed Revenues [Member]
Accounts receivable	2,011,683	1,425,217
Billed Revenues [Member] | Government Sector [Member]
Accounts receivable	1,947,648	1,425,217
Billed Revenues [Member] | Commercial and Industrial Sector [Member]
Accounts receivable	64,035	0
Unbilled Revenues [Member]
Accounts receivable	$ 85,838	$ 17,014

Note 5 - Acquisition (Details T

Note 5 - Acquisition (Details Textual) - USD ($)	Apr. 07, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Business Combination, Acquisition Related Costs		$ 82,756	$ 0	$ 153,286	$ 0
Escrow Deposit		272,000		272,000
Goodwill, Ending Balance		785,000		785,000		$ 0
Amortization of Intangible Assets, Total		43,851		43,851
Tellenger, Inc. [Member]
Payments to Acquire Businesses, Gross	$ 2,300,000
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares)	68,264
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	$ 200,000
Business Combination, Acquisition Related Costs		82,756		153,286
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Tangible Assets		240,357		240,357
Goodwill, Ending Balance		785,000		785,000
Tellenger, Inc. [Member] | Trade Names [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets		280,000		280,000
Tellenger, Inc. [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		1,090,000		$ 1,090,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life (Year)				8 years
Tellenger, Inc. [Member] | Noncompete Agreements [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 120,000		$ 120,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life (Year)				3 years

Note 5 - Acquisition - Identifi

Note 5 - Acquisition - Identifiable Intangible Assets (Details) - USD ($)	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Gross identified intangible assets	$ 1,490,000
Accumulated amortization	(43,851)	$ 0
Net identifiable intangible assets	1,446,149	0
Goodwill	785,000	$ 0
Intangible assets	2,231,149
Trade Names [Member]
Gross carrying amount, infinite-lived assets	$ 280,000
Customer Relationships [Member]
Useful Life (Year)	8 years
Gross carrying amount, finite-lived assets	$ 1,090,000
Noncompete Agreements [Member]
Useful Life (Year)	3 years
Gross carrying amount, finite-lived assets	$ 120,000

Note 5 - Acquisition - Amortiza

Note 5 - Acquisition - Amortization Expenses (Details)	Jun. 30, 2021USD ($)
July 1 - December 31, 2021	$ 88,122
2022	176,244
2023	176,244
2024	146,259
2025	136,248
2026	136,248
Thereafter	306,784
Total	$ 1,166,149

Note 5 - Acquisition - Unaudite

Note 5 - Acquisition - Unaudited Pro Forma Information (Details) - Tellenger, Inc. [Member] - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenue	$ 4,800,099	$ 5,945,701	$ 9,377,504	$ 8,997,670
Income (loss) from operations	$ 48,489	$ (39,860)	$ 375,774	$ (262,372)

Note 6 - Stock-based Compensa_3

Note 6 - Stock-based Compensation (Details Textual) - USD ($)	Jun. 01, 2016	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)		1,262,500	1,515,000	1,220,000	1,220,000	1,262,500	1,220,000	1,395,000	1,349,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)		127,500	145,000	10,000	0	272,500	10,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period (in shares)		360,000	25,000	0		385,000	0
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total		$ 210,230				$ 210,230
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Month)						5 months
Share-based Payment Arrangement, Expense		$ 111,862		$ 356		$ 139,573	$ 806
The 2016 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	1,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)		828,500				828,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number (in shares)		346,000				346,000
The 2006 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)		1,950,000				1,950,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)						10 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)		434,000				434,000
Minimum [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Month)						6 months
Maximum [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Month)						2 years

Note 6 - Stock-based Compensa_4

Note 6 - Stock-based Compensation - Assumptions (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Risk-free interest rate		0.33%		0.33%
Dividend yield	0.00%	0.00%	0.00%	0.00%
Expected term (Year)	5 years	5 years	5 years	5 years
Minimum [Member]
Risk-free interest rate	0.77%		0.46%
Expected volatility	47.10%	65.80%	47.10%	65.80%
Maximum [Member]
Risk-free interest rate	0.87%		0.92%
Expected volatility	47.70%	66.00%	92.60%	66.00%

Note 6 - Stock-based Compensa_5

Note 6 - Stock-based Compensation - Stock Option Activity (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Outstanding, shares (in shares)	1,515,000	1,395,000	1,220,000	1,349,000	1,395,000	1,349,000
Outstanding, weighted average exercise price (in dollars per share)	$ 0.53	$ 0.31	$ 0.24	$ 0.23	$ 0.31	$ 0.23
Options granted, shares (in shares)	127,500	145,000	10,000	0	272,500	10,000
Options granted, weighted average exercise price (in dollars per share)	$ 2.85	$ 2.62	$ 0.15
Options exercised, shares (in shares)	(360,000)	(25,000)	0		(385,000)	0
Options exercised, weighted average exercise price (in dollars per share)	$ 0.22	$ 0.14
Options expired, shares (in shares)	(20,000)		(10,000)	(129,000)
Options expired, weighted average exercise price (in dollars per share)	$ 0.17		$ 0.19	$ 0.17
Outstanding, weighted average remaining contractual term (Month)	6 years		3 years 9 months
Outstanding, aggregate intrinsic value	$ 2,876,868		$ 37,353		$ 2,876,868	$ 37,353
Exercisable, shares (in shares)	780,000		1,207,000		780,000	1,207,000
Exercisable, weighted average exercise price (in dollars per share)	$ 0.33		$ 0.24		$ 0.33	$ 0.24
Exercisable, weighted average remaining contractual term (Month)	3 years 2 months		3 years 8 months
Exercisable, aggregate intrinsic value	$ 2,194,843		$ 36,703		$ 2,194,843	$ 36,703
Outstanding, weighted average exercise price (in dollars per share)	$ 0.86	$ 0.53	$ 0.24	$ 0.24	$ 0.86	$ 0.24
Outstanding, shares (in shares)	1,262,500	1,515,000	1,220,000	1,220,000	1,262,500	1,220,000
Outstanding, weighted average exercise price (in dollars per share)	$ 0.86	$ 0.53	$ 0.24	$ 0.24	$ 0.86	$ 0.24

Note 6 - Stock-based Compensa_6

Note 6 - Stock-based Compensation - Nonvested Option Awards Activity (Details) - $ / shares	3 Months Ended				6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Nonvested, shares (in shares)	380,000	235,000	18,500	23,500	235,000	23,500
Options granted, shares (in shares)	127,500	145,000	10,000	0	272,500	10,000
Vested, shares (in shares)	(25,000)	0	(15,500)	(5,000)
Forfeited, shares (in shares)	0	0	0	0
Nonvested, shares (in shares)	482,500	380,000	13,000	18,500	482,500	13,000
Nonvested, weighted average grant date fair value (in dollars per share)	$ 0.94	$ 0.36	$ 0.15	$ 0.17	$ 0.36	$ 0.17
Granted, weighted average grant date fair value (in dollars per share)	1.19	1.22	0.08	0
Vested, weighted average grant date fair value (in dollars per share)	1.01	0	0.16	0.21
Forfeited, weighted average grant date fair value (in dollars per share)	0	0	0	0
Nonvested, weighted average grant date fair value (in dollars per share)	$ 0.94	$ 0.94	$ 0.09	$ 0.15	$ 0.94	$ 0.09

Note 7 - Revolving Line of Cr_2

Note 7 - Revolving Line of Credit (Details Textual) - Revolving Credit Facility [Member] - USD ($)	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Summit Community Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,000,000
Long-term Line of Credit, Total	$ 402,306
Debt Instrument, Interest Rate, Effective Percentage	3.25%
Summit Community Bank [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.00%
Debt Instrument, Base Floor	3.25%
TD Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 1,000,000
Long-term Line of Credit, Total		$ 0

Note 8 - Notes Payable (Details

Note 8 - Notes Payable (Details Textual) - USD ($)	Apr. 16, 2021	Apr. 20, 2020	Apr. 07, 2021
Term Loan [Member] | Summit Community Bank [Member]
Debt Instrument, Face Amount	$ 1,000,000
Debt Instrument, Term (Year)	2 years
Debt Instrument, Interest Rate, Stated Percentage	4.89%
Paycheck Protection Program CARES Act [Member]
Proceeds from Issuance of Long-term Debt, Total		$ 450,000
Tellenger Working Capital [Member]
Short-term Debt, Total			$ 150,000

Note 8 - Notes Payable - Note P

Note 8 - Notes Payable - Note Payable (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Long-term debt	$ 916,667	$ 0
Total	1,516,667	450,000
Less current portion	(855,134)	(93,009)
Non-current portion	661,533	356,991
Paycheck Protection Program CARES Act [Member]
Long-term debt	450,000	450,000
Tellenger Working Capital [Member]
Long-term debt	$ 150,000	$ 0

Note 8 - Notes Payable - Notes

Note 8 - Notes Payable - Notes Payable Payment Schedule (Details)	Jun. 30, 2021USD ($)
Remainder of 2021	$ 493,009
2022	724,810
2023	298,848
Total payments	1,516,667
Term Loan [Member]
Remainder of 2021	250,000
2022	500,000
2023	166,667
Total payments	916,667
Paycheck Protection Program CARES Act [Member]
Remainder of 2021	93,009	[1]
2022	224,810	[1]
2023	132,181	[1]
Total payments	450,000	[1]
Tellenger Working Capital [Member]
Remainder of 2021	150,000
2022	0
2023	0
Total payments	$ 150,000
[1]	PPP loan is eligible for foregiveness in its entirety. The amount of forgiveness for which IAI may be approved is uncertain.

Note 9 - Earnings (Loss) Per _3

Note 9 - Earnings (Loss) Per Share (Details Textual) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	64,076	64,076

Note 9 - Earnings (Loss) Per _4

Note 9 - Earnings (Loss) Per Share - Reconciliation of the Amounts Used in Calculating Basic and Diluted Net Loss per Common Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Income (loss) available to common shareholders	$ 43,157	$ (34,620)	$ 313,972	$ (160,959)
Income (loss) available to common shareholders, shares (in shares)	11,980,397	11,211,760	11,633,464	11,211,760
Effect of dilutive stock options, shares (in shares)	684,870	0	671,718	0
Diluted net income (loss) per common share	$ 43,157	$ (34,620)	$ 313,972	$ (160,959)
Diluted net income per common share (in shares)	12,665,267	11,211,760	12,305,182	11,211,760
Income (loss) available to common shareholders	$ 43,157	$ (34,620)	$ 313,972	$ (160,959)
Diluted net income (loss) per common share	$ 43,157	$ (34,620)	$ 313,972	$ (160,959)
Income (loss) available to common shareholders, per share amount (in dollars per share)	$ 0	$ 0	$ 0.03	$ (0.01)
Diluted (in shares)	12,665,267	11,211,760	12,305,182	11,211,760
Net income (loss) per common share - diluted (in dollars per share)	$ 0	$ 0	$ 0.03	$ (0.01)
Basic (in shares)	11,980,397	11,211,760	11,633,464	11,211,760
Net income (loss) per common share - basic (in dollars per share)	$ 0	$ 0	$ 0.03	$ (0.01)