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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net (loss) $ (1,072,889) $ (1,050,806)
Adjustments to reconcile net (loss) to net cash (used) by operating activities:    
Depreciation 236,548 208,662
Amortization 250,000 250,001
Non-cash stock based compensation 283,408 374,378
Amortization of warrant costs 8,985 0
Changes in current assets and current liabilities:    
Accounts receivable 79,588 77,518
Prepaid expenses and other (139,847) (192,569)
Operating lease right-of-use assets (2,616,128)  
Other assets (14,074) (25,125)
Accounts payable and accrued expenses 481,045 (74,161)
Operating lease liabilities 2,749,493  
Merchant reserves (1,347,909) 102,765
Deferred revenue (15,000) 90,250
Deferred rent (79,748) 0
Net cash (used) by operating activities (1,196,528) (239,087)
Investing activities:    
Purchases of property and equipment (152,923) (29,502)
Net cash (used) by investing activities (152,923) (29,502)
Financing activities:    
Proceeds from public offering, net of expenses 1,793,905 0
Purchases of treasury stock (21,822) (956,134)
Net cash provided (used) by financing activities 1,772,083 (956,134)
Change in cash, cash equivalents and merchant reserves 422,632 (1,224,723)
Cash, cash equivalents and merchant reserves, beginning of period 15,340,980 19,778,022
Cash, cash equivalents and merchant reserves, end of period 15,763,612 18,553,299
Supplemental disclosure of cash flow information:    
Interest 0 0
Income taxes $ 0 $ 0