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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating activities:    
Net loss $ (13,106,539) $ (7,600,649)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,598,957 3,143,168
Amortization of Right of Use Assets-Finance Leases 103,926 322,746
Stock based compensation 2,350,314 2,179,254
Loss on marketable securities 435,554 266,762
Amortization of financing fees 2,500 12,500
Provision for doubtful accounts 1,265,143 7,487
Stock warrant expense 33,043 0
Derecognition of contingencies (10,000) (110,000)
Third party rights agreement termination 0 (420,000)
Change in operating assets and liabilities:    
Accounts receivable (3,119,222) (3,045,690)
Referral and support services agreement advance 300,000 (1,100,000)
Prepaid expenses, unbilled revenue and other assets 578,009 (992,978)
Accounts payable 3,200,086 796,456
Accrued expenses and other liabilities (205,762) 1,264,687
Net cash used in operating activities (5,573,991) (5,276,257)
Investing activities:    
Purchases of equipment and capitalized development costs (1,689,869) (1,597,369)
Purchase of marketable securities (1,693,963) (3,143,000)
Proceeds from the sale of marketable securities 1,717,707 142,484
Net cash used in investing activities (1,666,125) (4,597,885)
Financing activities:    
Proceeds from sale of common stock, net of expenses 0 13,137,500
Payments on finance/capital leases (107,539) (257,679)
Net taxes paid on RSU grants exercised (196,894) (272,049)
Proceeds from exercise of options 0 1,569
SBA loan repayment 0 (149,900)
Net cash (used in)/provided by financing activities (304,433) 12,459,441
Net change – cash (7,544,549) 2,585,299
Cash, beginning of year 10,475,964 7,890,665
Cash, end of year 2,931,415 10,475,964
Supplemental information:    
Interest paid 18,612 55,476
Assets purchased under finance lease obligations $ 70,774 125,825
Assets purchased under operating lease obligations   $ 344,311