XML 15 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 2,159,608 $ 2,284,881
Accounts receivable (net of allowance for doubtful accounts of $181,942 and $165,098, respectively) 179,444 33,480
Inventory, net 378,326 327,109
Prepaid expenses and other 1,273,720 1,037,823
Total Current Assets 3,991,098 3,683,293
Noncurrent Assets    
Property and equipment, net 77,346 147,732
Goodwill 631,064 631,064
Intangible assets, net 1,830 7,227
Deposits 14,747
Operating lease right-of-use asset 565,877 343,950
Total Noncurrent Assets 1,290,864 1,129,973
TOTAL ASSETS 5,281,962 4,813,266
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 1,345,589 1,784,961
Deferred revenue 2,839,838 3,724,189
Accrued equity compensation 83,625 128,434
Other liabilities 37,078
Current portion of operating lease liability 100,139 266,105
Total Current Liabilities 4,406,269 5,903,689
NONCURRENT LIABILITIES    
Other liabilities 74,156
Operating lease liability, net of current portion 486,226 169,119
Total Noncurrent Liabilities 486,226 243,275
TOTAL LIABILITIES 4,892,495 6,146,964
Commitments and Contingencies (Note 11)
TEMPORARY EQUITY    
Series B Redeemable Convertible Preferred Stock, $0.00001 par value; 3,300 and 0 issued and outstanding, respectively 3,960,000
Total Temporary Equity 3,960,000
SHAREHOLDERS’ DEFICIT    
Preferred stock; 150,000,000 shares authorized  
Series A Preferred stock, $0.00001 par value; 0 and 42,030,331 shares issued and outstanding, respectively 420
Common stock, $0.00001 par value; 850,000,000 and 350,000,000 shares authorized, respectively; 1,600,835 and 1,576,844 shares issued and outstanding, respectively 16 16
Additional paid in capital 25,211,017 26,109,509
Accumulated deficit (28,781,566) (27,443,643)
Total Shareholders’ Deficit (3,570,533) (1,333,698)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT $ 5,281,962 $ 4,813,266