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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,474,784 $ 1,920,656
Accounts receivable, net of allowances 2,285,117 2,836,571
Prepaid expenses and other current assets 1,537,267 1,837,596
Contract assets 169,835 254,483
Inventory 15,421 15,275
Total current assets 7,482,424 6,864,581
Property and equipment, net 193,028 197,020
Right of use assets 140,238 536,272
Deferred tax assets 310,755 330,552
Software development costs, net 14,345 19,278
Other assets 114,828 863,964
Goodwill 4,150,339 4,150,339
Other intangible assets, net 64,295 100,134
Long-term contract assets 192,286 343,934
Total assets 12,662,538 13,406,074
Current liabilities:    
Accounts payable 335,092 453,791
Accrued expenses 1,018,878 2,293,765
Lease liability obligations, current 87,381 665,074
Short-term loan, net of debt issuance costs and discounts 0 3,320,863
Deferred revenue 3,709,005 4,603,270
Total current liabilities 5,150,356 11,336,763
Other long-term liabilities 637,099 703,889
Notes payable, net of debt issuance costs and discounts 2,150,574 754,000
Lease liability obligations, less current portion 53,430 0
Deferred tax liabilities 525,512 513,027
Deferred revenue, net of current portion 1,569,813 1,765,859
Total liabilities 10,086,784 15,073,538
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 $14,195,475 and $13,346,577, respectively 14,075,434 12,940,722
Stockholders' deficit:    
Common stock - $0.001 par value, 30,000,000 shares authorized, 7,074,364 shares and 5,949,463 shares issued and outstanding, respectively 7,074 5,949
Additional paid-in capital 112,671,753 110,107,170
Accumulated deficit (122,283,348) (122,733,344)
Accumulated other comprehensive loss (1,895,159) (1,987,961)
Total stockholders' deficit (11,499,680) (14,608,186)
Total liabilities and stockholders' deficit $ 12,662,538 $ 13,406,074