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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,769,808 $ 1,787,248
Accounts receivable, net 197,505 169,074
Note receivable, net of discount 1,729,167 1,604,167
Prepaid expenses and other current assets, net 92,902 151,374
Total current assets 3,789,382 3,711,863
Property and equipment, net 20,099 23,487
Intangible assets, net 2,597,320 2,663,311
Operating lease right-of-use assets 14,145 23,063
Total assets 6,420,946 6,421,724
Current liabilities:    
Accounts payable 1,605,034 1,610,416
Accrued expenses 347,610 430,858
Contract liabilities 11,809 13,020
Operating lease obligations – current portion 12,999 22,199
Total current liabilities 1,977,452 2,076,493
Long-term liabilities:    
Deferred tax liability, net 710,901 707,952
Uncertain tax position liability 265,167 265,167
Total liabilities 2,953,520 3,049,612
Commitments and contingencies
Shareholders' equity:    
Common stock, $0.001 par value, 25,000,000 shares authorized; 8,137,085 shares issued and 7,993,448 shares outstanding at March 31, 2023 and 7,840,124 shares issued and 7,696,487 shares outstanding at December 31, 2022 8,137 7,840
Accrued common stock bonus 0 82,180
Additional paid-in capital 73,275,397 72,800,976
Accumulated other comprehensive income 314,064 316,360
Accumulated deficit (69,965,332) (69,670,404)
Common stock in treasury, at cost, 143,637 shares at March 31, 2023 and December 31, 2022 (164,840) (164,840)
Total shareholders' equity 3,467,426 3,372,112
Total liabilities and shareholders' equity 6,420,946 6,421,724
Series A Preferred Stock [Member]    
Shareholders' equity:    
Series A Preferred stock, $0.001 par value, 5,000,000 shares authorized; no shares issued and outstanding $ 0 $ 0