v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 578,982 $ 4,931,302
Accounts receivable 3,583,136 1,664,862
Prepaid expenses and other current assets 298,179 276,990
Total current assets 4,460,297 6,873,154
Intangible assets, net of accumulated amortization of $900,818 and $201,032 7,349,182 8,048,968
Goodwill 7,585,269 7,585,269
Right-of-use operating lease asset 582,500 672,896
Property and equipment, net of accumulated depreciation and amortization of $374,185 and $347,886 109,990 105,256
Other assets 77,100 77,100
Total assets 20,164,338 23,362,643
Current liabilities    
Accounts payable 1,546,945 650,499
Accrued payroll and related liabilities 721,927 524,055
Commissions payable 250,227 224,250
Other accrued liabilities 562,428 204,080
Contract liabilities 165,843 186,835
Operating lease liability - current 199,553 192,128
Total current liabilities 3,446,923 1,981,847
Operating lease liability - non-current 405,763 507,120
Deferred income taxes 223,160 1,167,504
Other liabilities 1,374,137 2,265,000
Total liabilities 5,449,983 5,921,471
Stockholders' equity    
Common stock, $0.001 par value 100,000,000 shares authorized; 19,039,313 and 18,882,313 shares issued, 17,396,697 and 17,239,697 shares outstanding as of June 30, 2022 and December 31, 2021, respectively 19,039 18,882
Additional paid-in capital 32,666,239 31,789,464
Accumulated deficit (17,040,712) (13,436,963)
Treasury stock, 1,642,616 shares at cost (930,211) (930,211)
Total stockholders' equity 14,714,355 17,441,172
Total liabilities and stockholders' equity $ 20,164,338 $ 23,362,643

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