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Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash $ 4,013,838 $ 2,487,481
Accounts receivable, net of allowance for credit losses of $0 364,009 415,119
Unbilled receivables 12,000
Prepaid expenses and other current assets 656,648 383,295
Current assets from discontinued operations 337,060 67,805,379
Total current assets 5,371,555 71,103,274
Equipment, net 8,309 8,792
Intangible assets, net 16,881 168,112
Total assets 5,396,745 71,280,178
Current Liabilities    
Accounts payable and accrued expenses 919,890 1,463,699
Due to RSports 56,117
Warrant liability 170,636
Line of credit 6,345,978
Current portion of long-term debt 645,571
Current portion of convertible debenture, net of discount of $0 and $283,335, respectively, warrant discount of $0 and $831,746, respectively, accrued interest of $0 and $299,648, respectively 4,395,753
Current liabilities from discontinued operations 1,397,822 66,396,883
Total current liabilities 2,544,465 79,247,884
Long-Term Liabilities    
Deferred tax liability 7,155
Debt, less current portion 1,424,908
Total liabilities 2,544,465 80,679,947
Commitments and Contingencies
Stockholders’ Equity    
Common stock, $0.001 par value; authorized shares 100,000,000; issued and outstanding shares: 3,361,608 and 2,863,734, respectively 336 572,770
Treasury stock, 90 common shares at cost (29,000) (29,000)
Additional paid-in capital 78,439,164 77,909,981
Accumulated deficit (75,558,222) (87,857,456)
Total stockholders’ equity (deficit) 2,852,280 (9,399,769)
Total liabilities and stockholders’ equity 5,396,745 71,280,178
Series A-1 Preferred Stock [Member]    
Stockholders’ Equity    
Preferred stock, value 1 1,440
Series B Preferred Stock [Member]    
Stockholders’ Equity    
Preferred stock, value $ 1 $ 2,496