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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (6,648,923) $ (3,442,473)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Amortization of debt discount 100,444 38,461
Amortization of capitalized software 1,787,404 1,088,645
Amortization of intangibles 245,966 233,560
Accretion of consideration payable 13,644 65,478
Depreciation of fixed assets 65,915 47,651
Loss on debt extinguishment 325,198
Operating lease payments 206,809 184,333
Stock compensation expense 2,544,430 2,663,514
Changes in Assets and Liabilities    
Accounts receivable (59,241) (102,249)
Product deposit 196,912 (119,014)
Inventory 386,292 320,781
Other current assets (364,227) (387,041)
Operating lease liabilities (203,944) (193,546)
Deferred revenue 4,374,159 348,039
Accounts payable 1,310,177 (3,203,759)
Accrued expenses 1,246,342 97,803
Other operating activity (579,319)
Net cash provided by (used in) operating activities 5,202,159 (2,613,938)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid for capitalized software costs (2,014,673) (1,777,983)
Purchase of equipment (175,592) (33,656)
Net cash used in investing activities (2,190,265) (1,811,639)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt, net 14,473,002
Proceeds from notes payable 2,000,000
Repayment of notes payable, net of prepayment penalty (211,690) (3,299,959)
Cash proceeds from exercise of options 7,813
Preferred stock dividends (776,563) (776,563)
Contingent consideration payments for ResumeBuild acquisition (31,250) (62,500)
Net payments for membership interest in WorkSimpli (306,514)
Distributions to non-controlling interest (36,000) (36,000)
Net cash (used in) provided by financing activities (1,047,690) 11,991,466
Net increase in cash 1,964,204 7,565,889
Cash at beginning of period 33,146,725 3,958,957
Cash at end of period 35,110,929 11,524,846
Cash paid for interest    
Cash paid during the period for interest 644,919 273,000
Non-cash investing and financing activities    
Cashless exercise of options 641
Cashless exercise of warrants 12,685
Stock issued for noncontingent consideration payment 642,000 642,000
Warrants issued for debt instruments 873,100
Right of use asset 1,285,926 93,115
Right of use lease liability $ 1,285,926 $ 93,115