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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 5,269,274 $ 6,555,376
Credit card holdback receivable 94,428 94,498
Accounts receivable, net of allowances and reserves of $34,546 as of March 31, 2019 and December 31, 2018 120,483 326,786
Prepaid expense and other current assets 333,396 269,668
Current assets held for sale 19,053
Total current assets 5,817,581 7,265,381
Operating lease right-of-use asset 183,731 232,423
Property and equipment, net 588,372 577,911
Goodwill 13,086,472 13,086,472
Intangible assets, net 820,141 884,223
Digital tokens 832,892 832,892
Other assets 117,247 116,767
Noncurrent assets held for sale 1,436,499
Total assets 21,446,436 24,432,568
Current liabilities:    
Accounts payable 1,479,979 2,842,947
Accrued expenses and other current liabilities 374,680 737,945
Current portion of operating lease liabilities 76,250 114,789
Deferred subscription revenue 1,489,465 1,468,571
Deferred technology service revenue 1,631,105 3,379,435
Current liabilities held for sale 617,410
Total current liabilities 5,051,479 9,161,097
Operating lease liabilities, non-current portion 107,480 117,634
Total liabilities 5,158,959 9,278,731
Commitments and Contingencies
Stockholders’ equity:    
Common stock, $0.001 par value, 25,000,000 shares authorized; and 6,874,679 shares and 6,868,679 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 6,875 6,869
Additional paid-in capital 20,354,278 19,867,259
Accumulated deficit (4,073,676) (4,720,291)
Total stockholders’ equity 16,287,477 15,153,837
Total liabilities and stockholders’ equity $ 21,446,436 $ 24,432,568