XML 32 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Unaudited Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Assets, Current [Abstract]    
Cash and cash equivalents $ 5,634,441 $ 5,884,629
Accounts receivable, net 3,977,571 5,596,719
Prepaid expenses 423,419 400,181
Other current assets 37,097 153,031
Total current assets 10,072,528 12,034,560
Property and equipment, net 317,154 309,780
Goodwill 4,016,722 8,316,722
Intangible assets, net 1,246,526 1,611,516
Software development costs, net 1,470,334 1,519,980
Security deposits 151,184 151,803
Total assets 17,274,448 23,944,361
Liabilities, Current [Abstract]    
Accounts payable 1,130,791 2,252,536
Accrued expenses 1,604,588 1,377,556
Contract liabilities 5,597,479 6,466,766
Line of credit 1,162,924  
Right-of-use liability 0 83,807
Total current liabilities 9,495,782 10,180,665
Finance Lease, Liability, Noncurrent 65,609 45,673
Liabilities 9,561,391 10,226,338
Commitments and Contingencies 0 0
Stockholders' Equity Attributable to Parent [Abstract]    
Preferred stock; $.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock; $.0001 par value; 200,000,000 shares authorized; 34,773,051 and 34,634,172, respectively, issued and outstanding 3,477 3,464
Additional paid-in capital 74,257,810 74,099,328
Accumulated deficit (66,548,230) (60,384,769)
Total stockholders’ equity 7,713,057 13,718,023
Total liabilities and stockholders’ equity $ 17,274,448 $ 23,944,361