v3.26.1
Revenue by Service Type Customer Type and by Geographic Region
12 Months Ended
Dec. 31, 2025
Revenue by Service Type Customer Type and by Geographic Region  
Revenue by Service Type, Customer Type and by Geographic Region

19. Revenue by Service Type, Customer Type and by Geographic Region

 

The Company recognized revenues by the following broad service types:

 

 

 

YEARS ENDED

 

 

 

DECEMBER 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

Carrier Services

 

$91,867,704

 

 

$86,793,728

 

Managed Services

 

 

58,677,660

 

 

 

55,778,021

 

 

 

 

 

 

 

 

 

 

 

 

$150,545,364

 

 

$142,571,749

 

 

The Company recognized revenues for the following customer types as set forth below:

 

 

 

YEARS ENDED

 

 

 

DECEMBER 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

U.S. Federal Government

 

$125,270,256

 

 

$118,895,394

 

U.S. State and Local Governments

 

 

439,588

 

 

 

409,413

 

Foreign Governments

 

 

62,046

 

 

 

65,707

 

Commercial Enterprises

 

 

24,773,474

 

 

 

23,201,235

 

 

 

 

 

 

 

 

 

 

 

 

$150,545,364

 

 

$142,571,749

 

 

The Company recognized revenues from customers in the following geographic regions:

 

 

 

YEARS ENDED

 

 

 

DECEMBER 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

United States

 

$146,305,285

 

 

$138,485,497

 

Europe

 

 

4,240,079

 

 

 

4,086,252

 

 

 

 

 

 

 

 

 

 

 

 

$150,545,364

 

 

$142,571,749

 

During the year ended December 31, 2025 and 2024, the Company recognized approximately $6.3 million and $2.1 million, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2024 and 2023, respectively. The deferred revenue liability was approximately $3.0 million as of December 31, 2023.