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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 976,121 $ 1,475,166
Accounts receivable, net of allowances 1,758,213 3,406,550
Prepaid expenses and other current assets 2,127,422 2,252,372
Contract assets 593,834 749,515
Inventory 14,173 30,014
Total current assets 5,469,763 7,913,617
Property and equipment, net of accumulated depreciation and amortization 321,714 369,273
Operating lease right-of-use assets, net 1,488,539 1,842,254
Deferred tax assets, net 259,008 258,841
Software development costs, net 24,221 27,012
Other assets 911,425 829,335
Goodwill 4,150,339 4,150,339
Other intangible assets, net 84,249 57,718
Long-term contract assets 254,397 327,757
Total assets 12,963,655 15,776,146
Current liabilities:    
Accounts payable 868,266 1,302,290
Accrued expenses 2,280,901 2,533,824
Current portion of lease liabilities 1,699,377 1,655,522
Short-term loan, net of debt issuance costs and discounts 1,001,327 947,501
Deferred revenue 3,478,006 5,270,190
Total current liabilities 9,327,877 11,709,327
Other long-term liabilities 768,910 745,254
Notes payable, net of debt issuance costs and discounts 3,015,993 2,906,133
Operating lease liabilities, net of current portion 177,905 624,859
Deferred tax liabilities, net of current portion 457,060 432,520
Deferred revenue, net 2,671,420 2,085,080
Total liabilities 16,419,165 18,503,173
Commitments and contingencies (Note 11)
Series A redeemable convertible preferred stock, $.001 par value, 2,000,000 shares authorized, 900,000 shares issued and outstanding, redemption value of $12,548,444 and $12,262,685, respectively 11,616,129 11,304,279
Stockholders' deficit:    
Common stock - $.001 par value, 30,000,000 shares authorized, 5,919,837 shares and 5,918,733 shares issued and outstanding, respectively 5,920 5,919
Additional paid-in capital 111,420,547 111,727,888
Accumulated deficit (124,591,693) (123,871,853)
Accumulated other comprehensive loss, net (1,906,413) (1,893,260)
Total stockholders' deficit (15,071,639) (14,031,306)
Total liabilities and stockholders' deficit $ 12,963,655 $ 15,776,146