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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (9,146,673) $ (961,365)
Adjustments to reconcile net loss to net cash used for operating activities:    
Depreciation 85,352 95,882
Amortization of intangible assets 526,061 681,056
Change in net deferred tax assets 6,060,129 (66,420)
Bad debt expense 0 20,625
Stock compensation for equity awards granted to employees and directors 369,576 566,709
Change in valuation of contingent earn-out 0 (1,300,000)
Other 0 (17,911)
Changes in operating assets and liabilities:    
Accounts receivable (402,403) 71,954
Unbilled services (188,066) 17,682
Prepaid and other current assets 517,299 361,721
Income taxes receivable 1,433,931 (236,590)
Deposits 0 17,210
Accounts payable and accrued expenses (169,517) (465,474)
Accrued compensation and benefits (763,185) (312,117)
Deferred revenue (45,647) 259,157
Earnout liability (247,444) 0
Net cash used for operating activities (1,970,587) (1,267,881)
Cash flows from investing activities:    
Purchases of property and equipment (51,491) (38,696)
Net cash used for investing activities (51,491) (38,696)
Cash flows from financing activities:    
Payments on promissory note to related party (140,625) (281,250)
Net cash used for financing activities (140,625) (281,250)
Net change in cash and cash equivalents (2,162,703) (1,587,827)
Cash and cash equivalents, beginning of period 3,575,682 5,613,654
Cash and cash equivalents, end of period 1,412,979 4,025,827
Supplemental disclosure of cash flow information:    
Interest paid 1,818 23,209
Income taxes (refunded) paid $ (1,418,931) $ 23,012