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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 7,326,609 $ 5,197,030
Accounts receivable, net of allowances for doubtful accounts of $40,000 1,183,318 1,006,834
Prepaid expenses and other current assets 155,570 142,144
Total Current Assets 8,665,497 6,346,008
Property and equipment, net of accumulated depreciation of $18,897 and $14,473, respectively 76,206 80,630
Right of use asset 175,927 13,426
Intangible assets, net of accumulated amortization of $151,462 and $116,468, respectively 2,070,438 2,105,432
Goodwill [1] 4,101,369 4,101,369
Total Assets 15,089,437 12,646,865
Current Liabilities:    
Accounts payable and accrued expenses 747,638 809,804
Stock payable 48,000 46,000
Lease liability 101,828 8,989
Loans payable 9,451 9,405
Line of credit 33,358 3,000
Convertible note payable, net of debt discount, related party 2,944,706 2,926,609
Note payable - related party 59,787 59,787
Total Current Liabilities 3,944,768 3,863,594
Long-term Liabilities:    
Loans payable, net of current portion 1,016,463 1,037,115
Lease liability, net of current portion 74,840 4,693
Total Liabilities 5,036,071 4,905,402
Commitments and Contingencies  
Stockholders' Equity:    
Common stock, $.00001 par value; 250,000,000 shares authorized; 117,729,971 and 116,104,971 shares issued and outstanding, respectively 1,177 1,161
Additional paid-in capital 16,695,820 12,607,074
Accumulated deficit (6,643,631) (4,866,772)
Total Stockholders' Equity 10,053,366 7,741,463
Total Liabilities and Stockholders' Equity $ 15,089,437 $ 12,646,865
[1] As of March 31, 2021, the Company has not attained a third-party valuation for the December 16, 2020 acquisition of Alpine. As such, the purchase price allocation disclosed in the Company's Annual Report in Form 10-K for December 31, 2020, filed on March 31, 2021, may change and, therefore, goodwill resulting from the acquisition may change.