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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,808,118 $ 3,181,209
Accounts receivable, net of allowances 1,552,626 2,855,135
Prepaid expenses and other current assets 1,074,029 1,074,972
Contract assets 401,582 209,936
Inventory 0 7,744
Total current assets 4,836,355 7,328,996
Property and equipment, net 110,265 153,904
Operating lease right-of-use assets, net 70,355 112,405
Deferred tax assets 28,110 30,190
Software development costs, net 67,189 42,695
Other assets 98,774 106,023
Goodwill 4,150,339 4,150,339
Other intangible assets, net 35,350 51,362
Long-term contract assets 449,564 692,712
Total assets 9,846,301 12,668,626
Current liabilities:    
Accounts payable 468,427 297,033
Accrued expenses 1,107,409 1,099,257
Current portion of lease liabilities 70,355 76,940
Deferred revenue 3,576,161 4,557,317
Total current liabilities 5,222,352 6,030,547
Other long-term liabilities 957,462 950,843
Notes payable, net of debt issuance costs and discounts 2,160,225 2,154,098
Lease liability obligations, less current portion 0 35,465
Deferred tax liabilities 500,499 500,499
Deferred revenue, net of current portion 1,456,333 1,578,769
Total liabilities 10,296,871 11,250,221
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 $14,791,195 15,074,134 14,384,388
Stockholders' deficit:    
Common stock - $0.001 par value, 30,000,000 shares authorized, 7,082,276 shares issued and outstanding 7,112 7,082
Additional paid-in capital 111,687,123 112,349,613
Accumulated deficit (125,503,270) (123,462,638)
Accumulated other comprehensive loss (1,715,669) (1,860,040)
Total stockholders' deficit (15,524,704) (12,965,983)
Total liabilities and stockholders' deficit $ 9,846,301 $ 12,668,626