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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 3 Months Ended
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Mar. 31, 2022
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Schedule Of Revenues |
|  | Three Months Ended March 31, |
|  | 2022 |  |  | 2021 |
Recruiters on Demand |  | $ | 4,205,985 |  |  | $ | 957,479 |
Consulting and staffing services |  |  | 1,332,280 |  |  |  | 2,072,446 |
Software Subscriptions |  |  | 696,685 |  |  |  | - |
Marketplace Solutions |  |  | 329,453 |  |  |  | 94,654 |
Full time placement fees |  |  | 304,250 |  |  |  | 39,966 |
Total revenue |  | $ | 6,868,653 |  |  | $ | 3,164,545 |
Expected Deferred Revenue Recognition Schedule |
|  | Total Deferred March 31, 2022 |  |  | Recognized Q2 2022 |  |  | Recognized Q3 2022 |  |  | Recognized Q4 2022 |  |  |  | Recognized 2023 |
Recruiters on Demand |  | $ | 125,174 |  |  | $ | 84,529 |  |  | $ | 40,645 |  |  | $ | - |  |  | $ | - |
Full-time Placement |  | $ | 281,825 |  |  | $ | 259,325 |  |  | $ | 10,500 |  |  | $ | 12,000 |  |  | $ | - |
Software Subscriptions |  | $ | 135,127 |  |  | $ | 135,122 |  |  | $ | 5 |  |  | $ | - |  |  | $ | - |
Marketplace Solutions |  | $ | 198,785 |  |  | $ | 86,069 |  |  | $ | 82,894 |  |  | $ | 22,166 |  |  | $ | 7,656 |
TOTAL |  | $ | 740,911 |  |  | $ | 565,045 |  |  | $ | 134,044 |  |  | $ | 34,166 |  |  | $ | 7,656 |
Schedule Of Fair Values Of Financial Assets And Liabilities |
|  | Fair Value at March 31, |  |  | Fair Value Measurement Using |
|  | 2022 |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Contingent consideration for acquisitions |  | $ | 605,195 |  |  | $ | - |  |  | $ | - |  |  | $ | 605,195 |
|  | Fair Value at December 31, |  |  | Fair Value Measurement Using |
|  | 2021 |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Contingent consideration for acquisitions |  | $ | 578,591 |  |  | $ | - |  |  | $ | - |  |  | $ | 578,591 |
Schedule Of Derivative Liability Measured At Fair Value On A Recurring Basis |
|  | Three Months Ended March 31, |
|  | 2022 |  |  | 2021 |
Balance at December 31 |  | $ | - |  |  | $ | 11,537,997 |
Additions to derivative instruments |  |  | - |  |  |  | 5,960,058 |
Reclassifications to equity upon modification or cancellation of warrants |  |  | - |  |  |  | (373,070 | )
(Gain) loss on change in fair value of derivative liability |  |  | - |  |  |  | (628,621 | )
Balance at March 31 |  | $ | - |  |  | $ | 16,496,364 |
Beginning balance, December 31, 2020 |  | $ | - |
Acquisitions and Settlements: |  |  |  |
Novo Group Acquisition |  |  | 543,297 |
Re-measurement adjustments: |  |  |  |
Change in fair value of earn-out liability |  |  | 35,294 |
Ending balance, December 31, 2021 |  |  | 578,591 |
Re-measurement adjustments: |  |  |  |
Change in fair value of earn-out liability |  |  | 26,604 |
Ending balance, March 31, 2022 |  | $ | 605,195 |
Schedule Expected Deferred Revenue Recognition Schedule |
|  | March 31, 2022 |  |  | December 31, 2021 |
Fair value |  | $605,195 |  |  | $578,591 |
Valuation technique |  | Discounted cash flow |  |  | Discounted cash flow |
Significant unobservable input |  | Projected revenue and probability of achievement |  |  | Projected revenue and probability of achievement |
Schedule Of Anti-dilutive Earnings Per Share |
|  | Three |  |  | Three |
|  | Months ended |  |  | Months ended |
|  | March 31, |  |  | March 31, |
|  | 2022 |  |  | 2021 |
Options |  |  | 2,794,319 |  |  |  | 875,303 |
Stock awards |  |  | 148,500 |  |  |  | 221,600 |
Warrants |  |  | 6,569,633 |  |  |  | 2,318,737 |
Convertible notes |  |  | - |  |  |  | 1,440,202 |
Convertible preferred stock |  |  | 86,000 |  |  |  | 6,116,395 |
|  |  | 9,598,452 |  |  |  | 10,972,237 |

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