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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash $ 6,775,139 $ 6,921,160
Restricted cash 1,042,256 0
Accounts receivable, net of allowance for credit losses of $46,150 and $81,359, respectively 11,930,474 8,219,793
Unbilled accounts receivable 31,798,431 16,618,639
Other current assets 3,771,473 1,083,671
Total current assets 55,317,773 32,843,263
NONCURRENT ASSETS    
Property and equipment, net 544,723 780,800
Lease right of use asset 4,183,561 4,045,222
Intangible assets, net 5,063,795 7,336,348
Goodwill 5,811,578 5,811,578
Other long-term assets 659,086 483,288
Total assets 71,580,516 51,300,499
Total assets 55,317,773 32,843,263
CURRENT LIABILITIES    
Accounts payable 16,524,863 12,633,658
Accrued expenses 30,851,255 16,175,702
Current portion of deferred revenue 4,770,683 2,009,343
Current portion of lease liabilities 735,152 638,258
Liabilities, Current 52,881,953 31,456,961
NONCURRENT LIABILITIES    
Lease liabilities, net of current portion 4,200,019 4,114,516
Contingent consideration 0 6,900
Deferred revenue, net of current portion 907,160 1,027,770
Deferred tax liabilities, net 11,415 16,923
Liabilities 58,000,547 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 103,103,653 102,151,381
Accumulated other comprehensive loss (450,945) (334,899)
Accumulated deficit (89,082,226) (87,147,947)
Total stockholders' equity 13,579,969 14,677,429
Total liabilities and stockholders' equity $ 71,580,516 $ 51,300,499