Quarterly report pursuant to Section 13 or 15(d)

Deferred Revenue

v2.4.0.8
Deferred Revenue
3 Months Ended
Mar. 31, 2014
Deferred Revenue [Abstract]  
Deferred Revenue
Note 11 - Deferred Revenue
 
Deferred revenue as of March 31, 2014 and December 31, 2013 consisted of the following:
 
   
March 31,
2014
   
December 31,
2013
 
Deferred Revenue, current
           
Lilien maintenance agreements                                                                                
  $ 6,926,777     $ 7,161,992  
Services to be provided by Shoom                                                                                
    3,866       3,866  
Services to be provided by Sysorex                                                                                
    236,291       236,291  
Total Deferred Revenue, current                                                                                
    7,166,934       7,402,149  
                 
Deferred Revenue, non-current
               
Lilien  maintenance agreements                                                                                
    6,840,462       4,845,138  
                 
Total Deferred Revenue                                                                                
  $ 14,007,396     $ 12,247,287  
 
The fair value of the deferred revenue approximates the services to be rendered.