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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 14,753,394 $ 18,663,805
Marketable securities 12,393,430 12,399,361
Accounts receivable, net 3,193,881 1,947,540
Contract assets 1,687,813 1,056,891
Prepaid expenses 935,907 1,017,927
Other assets 368,712 900,242
Total current assets 33,333,137 35,985,766
Property and equipment, net 2,386,533 1,531,959
Intangible assets, net 8,482,349 9,051,184
Goodwill 9,099,372 9,099,372
Right of use assets, net 798,016 859,637
Deposits and other assets 322,159 314,443
Total assets 54,421,566 56,842,361
Current liabilities:    
Accounts payable 1,256,232 1,125,067
Accrued expenses 3,559,286 4,068,109
Short-term operating lease liabilities 246,920 247,325
Notes payable 0 13,122
Warrant liability 149,394 369,234
Deferred revenues 2,964,222 976,268
Total current liabilities 8,176,054 6,799,125
Long-term liabilities:    
Long-term operating lease liabilities 551,970 611,523
Convertible notes payable, net of debt issuance costs ($6,000,000 in principal is held by a related party. Refer to Note 15) 24,471,781 24,260,448
Total long-term liabilities 25,023,751 24,871,971
Total liabilities 33,199,805 31,671,096
Commitments and contingencies (Note 17)
Stockholders' equity:    
Preferred Stock; par value $0.001; 5,000,000 Shares authorized; 0 issued and outstanding as of March 31, 2022 and December 31, 2021 0 0
Common Stock; par value $0.001; 95,000,000 Shares authorized; 31,928,701 issued and outstanding as of March 31, 2022 and 31,773,154 issued and outstanding as of December 31, 2021 31,929 31,773
Additional paid-in capital 65,864,050 57,959,622
Accumulated deficit (44,674,218) (32,820,130)
Total stockholders' equity 21,221,761 25,171,265
Total liabilities and stockholders' equity $ 54,421,566 $ 56,842,361