XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.1
BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 11,004,937 $ 9,866,628
Held-to-maturity securities - treasury bills 3,494,958 4,028,565
Accounts receivable, net of allowance of $30,000 3,941,182 3,500,259
Other current assets 788,722 656,379
Total current assets 19,229,799 18,051,831
Held-to-maturity securities - treasury bills 700,000 0
Property and equipment, net 557,634 481,804
Operating lease right-of-use asset 1,612,512 1,816,505
Goodwill 1,954,460 1,954,460
Other assets 18,110 163,470
Total assets 24,072,515 22,468,070
Current liabilities:    
Unexpired subscription revenue 10,272,352 9,980,092
Accounts payable 141,956 245,854
Current portion of operating lease liability 211,488 193,953
Accrued expenses 2,105,019 2,216,376
Total current liabilities 12,730,815 12,636,275
Deferred taxes on income, net 350,605 332,566
Unexpired subscription revenue, less current portion 68,523 163,320
Operating lease liability, less current portion 1,554,686 1,766,174
Total liabilities 14,704,629 14,898,335
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued 0 0
Common stock, $.01 par value; authorized 32,500,000 shares; issued and outstanding 10,722,401 shares 107,224 107,224
Additional paid-in capital 30,007,773 29,904,675
Accumulated deficit (20,747,111) (22,442,164)
Total stockholders' equity 9,367,886 7,569,735
Total liabilities and stockholders' equity $ 24,072,515 $ 22,468,070