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Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Jun. 30, 2022
ASSETS    
Cash and cash equivalents $ 5,619,083 $ 16,249,666
Investments 239,314
Accounts receivable 1,453,770 1,332,922
Deferred costs/contract assets 158,552 39,484
Prepaid expenses and other current assets 562,163 389,618
Total current assets 7,793,568 18,251,004
Equipment, net 264,451 245,970
Note receivable 250,000
Right-of-use assets 627,832
Intangible assets, net 4,284,151 4,063,485
Goodwill 11,236,638 13,464,760
Other assets 71,767 121,865
Restricted cash 2,000,000
Total assets 24,278,407 38,397,084
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 455,777 340,139
Accrued liabilities 605,115 188,417
Accrued bonuses 1,072,097 169,262
Deferred revenue/contract liabilities 466,393 841,389
Asset purchase payable 734,037
Lease liabilities, current portion 405,948
Contingent consideration for acquisitions, current portion 5,120,791 1,966,171
Total current liabilities 8,126,121 4,239,415
Long term liabilities    
Contingent consideration for acquisitions, net of current portion 4,505,000 5,340,800
Lease liabilities, net of current portion 423,454
Total liabilities 13,054,575 9,580,215
Commitments and contingencies
Stockholders’ Equity    
Preferred Stock, par value $0.001 per share, 20 million shares authorized; 0 shares issued and outstanding
Common Stock, par value $0.001 per share, 300 million shares authorized; 14,701,929 and 12,747,624 issued and outstanding 14,702 12,749
Additional paid-in capital 67,854,108 56,885,815
Accumulated deficit (56,644,978) (28,081,695)
Total stockholders’ equity 11,223,832 28,816,869
Total liabilities and stockholders’ equity $ 24,278,407 $ 38,397,084