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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash $ 5,636,057 $ 6,921,160
Accounts receivable, net of allowance for credit losses of $48,889 and $81,359, respectively 8,498,243 8,219,793
Unbilled accounts receivable 24,784,036 16,618,639
Other current assets 2,020,459 1,083,671
Total current assets 40,938,795 32,843,263
NONCURRENT ASSETS    
Property and equipment, net 588,753 780,800
Lease right of use asset 3,536,001 4,045,222
Intangible assets, net 5,554,997 7,336,348
Goodwill 5,811,578 5,811,578
Other long-term assets 489,700 483,288
Total assets 56,919,824 51,300,499
CURRENT LIABILITIES    
Accounts payable 9,990,672 12,633,658
Accrued expenses 25,063,136 16,175,702
Current portion of deferred revenue 2,655,617 2,009,343
Current portion of lease liabilities 593,280 638,258
Total current liabilities 38,302,705 31,456,961
NONCURRENT LIABILITIES    
Lease liabilities, net of current portion 3,699,456 4,114,516
Contingent consideration 6,900 6,900
Deferred revenue, net of current portion 944,056 1,027,770
Deferred tax liabilities, net 118,595 16,923
Total liabilities 43,071,712 36,623,070
Commitments and contingencies (Note 14) 0 0
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 2,045,714 shares issued and none outstanding 0 0
Common stock, $0.001 par value; 30,000,000 shares authorized; 9,485,508 and 8,893,220 shares issued and outstanding, respectively 9,487 8,894
Additional paid-in capital 102,878,731 102,151,381
Accumulated other comprehensive loss (314,286) (334,899)
Accumulated deficit (88,725,820) (87,147,947)
Total stockholders' equity 13,848,112 14,677,429
Total liabilities and stockholders' equity $ 56,919,824 $ 51,300,499