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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 1,713,660 $ 2,584,062
Accounts receivable, net of allowance for doubtful accounts of $1,184,809 and $934,219, respectively 4,261,232 5,650,668
Accounts receivable - related parties 0 49,033
Prepaid expenses and other current assets 393,211 546,079
Total current assets 6,368,103 8,829,842
Property and equipment, net of accumulated depreciation of $3,463 and $2,982, respectively 0 481
Intangible assets, net 8,579,904 9,741,832
Goodwill 7,683,198 7,718,842
Total assets 22,631,205 26,290,997
Current liabilities:    
Accounts payable 1,336,078 1,121,510
Accounts payable - related parties 25,931 163,672
Accrued expenses 1,378,696 1,285,339
Accrued compensation 900,162 1,551,162
Accrued interest 4,869 19,726
Contingent consideration for acquisitions 0 578,591
Deferred payroll taxes 81,728 81,728
Other liabilities 17,333 17,333
Loans payable - current portion 3,862,052 1,712,387
Refundable deposit on preferred stock purchase 285,000 285,000
Customer advances 426,136 0
Deferred revenue 523,631 746,449
Total current liabilities 8,841,616 7,562,897
Loans payable - long term portion 632,201 2,637,875
Total liabilities 9,473,817 10,200,772
Stockholders' Equity:    
Preferred stock, Series E, $0.0001 par value; 775,000 shares authorized; 86,000 shares issued and outstanding as of June 30, 2022 and December 31, 2021 9 9
Common stock, $0.0001 par value; 100,000,000 shares authorized; 14,915,682 and 14,566,420 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 1,486 1,457
Shares to be issued, 587,945 shares as of June 30, 2022 and December 31, 2021 59 59
Additional paid-in capital 69,386,572 66,948,340
Accumulated deficit (56,230,738) (50,859,640)
Total Stockholders' Equity 13,157,388 16,090,225
Total Liabilities and Stockholders' Equity $ 22,631,205 $ 26,290,997