XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 5,837,195 $ 6,674,473
Held-to-maturity securities 1,488,665 2,467,475
Accounts receivable, net of allowance for credit losses of $30,000 3,896,950 3,631,018
Other current assets 1,056,602 929,512
Total current assets 12,279,412 13,702,478
Held-to-maturity securities 9,784,000 8,758,000
Property and equipment, net 417,840 497,560
Goodwill 1,954,460 1,954,460
Total assets 24,435,712 24,912,498
Current liabilities:    
Unexpired subscription revenue 10,991,469 10,886,860
Accounts payable 188,455 319,717
Accrued expenses 1,161,998 1,931,281
Total current liabilities 12,341,922 13,137,858
Deferred taxes on income, net 481,420 481,420
Unexpired subscription revenue, less current portion 284,277 151,474
Total liabilities 13,107,619 13,770,752
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 30,134,016 30,106,731
Accumulated deficit (18,913,147) (19,072,209)
Total stockholders’ equity 11,328,093 11,141,746
Total liabilities and stockholders’ equity $ 24,435,712 $ 24,912,498