XML 18 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenues:    
Total revenues $ 11,460,265 $ 8,253,391
Cost of revenues:    
Total cost of revenues 4,517,283 3,262,653
Gross profit 6,942,982 4,990,738
Operating expenses:    
General and administrative 4,044,296 3,499,440
Change in fair value of earnout liabilities 141,414 1,554,800
Significant transaction costs 636,440
Sales and marketing 1,378,352 1,041,367
Depreciation and amortization 413,932 296,935
Total operating expenses 5,977,994 7,028,982
Income (loss) from operations 964,988 (2,038,244)
Other income (expense)    
Gain on extinguishment of debt 845,083 287,426
Interest expense, net (452,120) (637,683)
Total other income (expense), net 392,963 (350,257)
Income (loss) before income taxes 1,357,951 (2,388,501)
Income tax benefit 188,300
Net income (loss) $ 1,357,951 $ (2,200,201)
Basic net income (loss) per share: $ 0.48 $ (0.91)
Diluted net income (loss) per share: $ 0.44 $ (0.91)
Weighted average number of common shares outstanding - basic 2,822,972 2,406,830
Weighted average number of common shares outstanding - diluted 3,104,820 2,406,830
Sale of Software [Member]    
Revenues:    
Total revenues $ 78,450 $ 194,787
Cost of revenues:    
Total cost of revenues 14,828 56,664
Software as a Service [Member]    
Revenues:    
Total revenues 1,441,683 1,055,016
Cost of revenues:    
Total cost of revenues 333,001 273,368
Software Maintenance Services [Member]    
Revenues:    
Total revenues 1,350,470 1,257,446
Cost of revenues:    
Total cost of revenues 81,641 159,122
Professional Services [Member]    
Revenues:    
Total revenues 7,468,716 5,007,617
Cost of revenues:    
Total cost of revenues 3,709,348 2,553,053
Storageand Retrieval Services [Member]    
Revenues:    
Total revenues 1,120,946 738,525
Cost of revenues:    
Total cost of revenues $ 378,465 $ 220,446