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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 99,906 $ 306,252
Accounts receivable, net of allowance for doubtful accounts of $33,000 and $23,500, respectively 942,842 860,075
Accounts receivable - related parties 41,124 4,340
Prepaid expenses and other current assets 167,045 98,503
Investments - available for sale marketable securities 1,424 44,766
Total current assets 1,252,341 1,313,936
Property and equipment, net of accumulated depreciation of $1,828 and $673, respectively 1,635 2,790
Right of use asset - related party 140,642 214,020
Intangible assets, net 795,864 1,432,554
Goodwill 3,517,315 3,517,315
Total assets 5,707,797 6,480,615
Current liabilities:    
Accounts payable 616,421 621,389
Accounts payable - related parties 779,928 825,791
Accrued expenses 423,237 2,276,444
Accrued expenses - related party 8,000  
Accrued compensation 617,067 127,713
Accrued compensation – related party 122,500 148,500
Accrued interest 60,404 985
Liability on sale of future revenues, net of discount of $2,719 and $135,641, respectively 8,185 404,101
Deferred payroll taxes 159,032
Other liabilities 14,493
Loans payable - current portion 28,249 25,934
Convertible notes payable, net of unamortized discount and costs of $1,205,699 and $0, respectively 1,905,826
Refundable deposit on preferred stock purchase 285,000 285,000
Warrant derivative liability 11,537,997 612,042
Lease liability - current portion - related party 73,378 73,378
Deferred revenue 51,537 145,474
Total current liabilities 16,691,254 5,546,751
Lease liability - long term portion - related party 67,264 140,642
Loans payable - long term portion 73,541 77,866
Total liabilities 16,832,059 5,765,259
Commitments and contingencies (Note 12)
Stockholders’ (Deficit) Equity:    
Preferred stock value
Common stock, $0.0001 par value; 250,000,000 shares authorized; 5,504,008 and 3,619,658 shares issued and outstanding as of December 31, 2020 and 2019, respectively 550 362
Additional paid-in capital 23,400,078 18,203,048
Accumulated deficit (34,525,025) (17,488,188)
Total stockholders’ (deficit) equity (11,124,262) 715,356
Total liabilities and stockholders’ (deficit) equity 5,707,797 6,480,615
Series D Preferred stock    
Stockholders’ (Deficit) Equity:    
Preferred stock value 54 46
Series E Preferred Stock    
Stockholders’ (Deficit) Equity:    
Preferred stock value 74 74
Series F Preferred Stock    
Stockholders’ (Deficit) Equity:    
Preferred stock value $ 7 $ 14