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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 1,397,760 $ 1,352,927
Accounts receivable, net of allowance of $2,726,107 and $1,902,140 48,813,643 58,818,832
Unbilled accounts receivable 10,924,993 5,660,753
Prepaid expenses and other current assets 5,343,467 4,965,936
Deposits, current 8,000,000 8,000,000
Total current assets 74,479,863 78,798,448
Noncurrent assets    
Property and equipment, net 323,902 432,695
Right-of-use assets 2,306,152 2,368,677
Intangible assets, net 32,593,889 36,188,889
Deferred tax assets, net 25,019,377 5,242,610
Other assets 914,935 2,485,290
Total non-current assets 61,158,255 47,868,161
Total assets 135,638,118 126,666,609
Current liabilities    
Accounts payable 1,384,977 799,568
Accrued expenses and other current liabilities 32,026,902 16,044,095
Current operating lease liabilities 1,425,547 1,436,813
Line of credit, current portion 0 85,092,695
Total current liabilities 81,823,656 161,564,857
Non-current liabilities    
Line of credit, net of current portion 1,950,000 0
Noncurrent operating lease liabilities 933,678 980,851
Other liabilities 0 3,474,954
Total non-current liabilities 37,590,200 4,455,805
Total liabilities 119,413,856 166,020,662
Commitments and contingencies
Stockholders’ equity (deficit)    
Common stock, $.00001 par value; 300,000,000 shares authorized; 45,324,715 and 25,423,729 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 453 254
Additional paid-in capital 83,052,001 22,449,809
Accumulated deficit (66,828,192) (61,804,116)
Total stockholders’ equity (deficit) 16,224,262 (39,354,053)
Total liabilities and stockholders’ equity (deficit) 135,638,118 126,666,609
Related Party    
Noncurrent assets    
Due from related parties 0 1,150,000
Current liabilities    
Due to related parties 2,833,169 4,384,178
Notes payable, current portion 42,778,061 5,127,218
Non-current liabilities    
Notes payable, net of current portion – related parties 34,706,522 0
Nonrelated Party    
Current liabilities    
Notes payable, current portion $ 1,375,000 $ 48,680,290