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CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 7,888,033 $ 11,004,937
Held-to-maturity securities 2,481,973 3,494,958
Accounts receivable, net of allowance of $30,000 3,566,066 3,941,182
Other current assets 916,279 788,722
Total current assets 14,852,351 19,229,799
Held-to-maturity securities 6,908,000 700,000
Property and equipment, net 544,097 557,634
Operating lease right-of-use asset 1,453,548 1,612,512
Goodwill 1,954,460 1,954,460
Other assets 18,110 18,110
Total assets 25,730,566 24,072,515
Current liabilities:    
Unexpired subscription revenue 10,855,818 10,272,352
Accounts payable 72,890 141,956
Current portion of operating lease liability 225,325 211,488
Accrued expenses 2,396,638 2,105,019
Total current liabilities 13,550,671 12,730,815
Deferred taxes on income, net 350,605 350,605
Unexpired subscription revenue, less current portion 194,959 68,523
Operating lease liability, less current portion 1,384,378 1,554,686
Total liabilities 15,480,613 14,704,629
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 30,081,665 30,007,773
Accumulated deficit (19,938,936) (20,747,111)
Total stockholders' equity 10,249,953 9,367,886
Total liabilities and stockholders' equity $ 25,730,566 $ 24,072,515