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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,011,062 $ 3,181,209
Accounts receivable, net of allowances 2,278,802 2,855,135
Prepaid expenses and other current assets 897,493 1,074,972
Contract assets 181,933 209,936
Inventory 0 7,744
Total current assets 5,369,290 7,328,996
Property and equipment, net 86,263 153,904
Operating lease right-of-use assets, net 34,416 112,405
Deferred tax assets 0 30,190
Software development costs, net 53,057 42,695
Other assets 98,747 106,023
Goodwill 4,150,339 4,150,339
Other intangible assets, net 20,086 51,362
Long-term contract assets 357,914 692,712
Total assets 10,170,112 12,668,626
Current liabilities:    
Accounts payable 387,379 297,033
Accrued expenses 1,427,979 1,099,257
Current portion of lease liabilities 34,416 76,940
Short-term note payable 177,149 0
Deferred revenue 3,684,742 4,617,422
Total current liabilities 5,711,665 6,090,652
Other long-term liabilities 956,023 950,843
Notes payable, net of debt issuance costs and discounts 2,163,090 2,154,098
Operating lease liabilities, net of current portion 0 35,465
Deferred tax liabilities 537,651 500,499
Deferred revenue, net of current portion 1,281,107 1,764,249
Total liabilities 10,649,536 11,495,806
Commitments and contingencies (Note 11)
Series A redeemable convertible preferred stock, $0.001 par value, 2,000,000 shares authorized, 900,000 shares issued and outstanding, redemption value of $15,984,331 and $14,490,274, respectively 15,928,018 14,384,388
Stockholders' deficit:    
Common stock, $0.001 par value, 30,000,000 shares authorized, 7,118,609 shares and 7,082,276 shares issued and outstanding, respectively 7,119 7,082
Additional paid-in capital 110,844,716 112,349,613
Accumulated deficit (125,507,178) (123,708,223)
Accumulated other comprehensive loss (1,752,099) (1,860,040)
Total stockholders' deficit (16,407,442) (13,211,568)
Total liabilities and stockholders' deficit $ 10,170,112 $ 12,668,626