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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Total revenue $ 3,828,326 $ 3,180,187
Cost of revenue:    
Total cost of revenue 649,007 547,380
Gross profit 3,179,319 2,632,807
Operating expenses:    
Research and development costs 659,940 674,924
Selling and marketing 1,396,640 981,191
General and administrative 837,867 1,093,169
Restructuring costs 302,313 287,460
Total operating expenses 3,196,760 3,036,744
Operating income (loss) (17,441) (403,937)
Gain on debt extinguishment 754,000 0
Interest and other expense (266,695) (245,839)
Income (loss) before income taxes 469,864 (649,776)
Income tax expense (benefit) 44,616 70,064
Net income (loss) 425,248 (719,840)
Less: Accrual of Series A redeemable convertible preferred stock dividends 277,170 285,760
Less: Accretion to redemption value of Series A redeemable convertible preferred stock 197,114 26,090
Net income (loss) attributable to common stockholders $ (49,036) $ (1,031,690)
Basic net income (loss) per share attributable to common stockholders $ (0.01) $ (0.17)
Diluted net income (loss) per share attributable to common stockholders $ (0.01) $ (0.17)
Weighted average basic shares outstanding 5,949,463 5,919,643
Weighted average diluted shares outstanding 5,949,463 5,919,643
Product revenue    
Revenue:    
Total revenue $ 2,139,729 $ 1,048,963
Cost of revenue:    
Total cost of revenue 222,834 139,460
Support and services revenue    
Revenue:    
Total revenue 1,688,597 2,131,224
Cost of revenue:    
Total cost of revenue $ 426,173 $ 407,920