XML 29 R21.htm IDEA: XBRL DOCUMENT v3.24.1.u1

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule Of Revenues

		Years Ended December 31,
		2023				2022
Recruiters On Demand		$	1,848,268			$	16,005,413
Consulting and staffing services			129,157				696,368
Software Subscriptions			412,898				2,468,990
Full time placement fees			20,000				937,825
Marketplace Solutions			675,256				1,142,922
Revenue Share			102,440				-
Total revenue		$	3,188,019			$	21,251,518

Schedule Of Expected Deferred Revenue Recognition

		Total Deferred 12/31/2023				Recognize Q1 2024				Recognize Q2 2024				Recognize Q3 2024				Recognize Q4 2024				Recognize 2025
Other		$	49,371			$	49,371			$	-			$	-			$	-			$	-
Marketplace Solutions			100,477				64,820				12,007				6,488				2,694				14,468
TOTAL		$	149,848			$	114,191			$	12,007			$	6,488			$	2,694			$	14,468

Schedule Of earn-out liability measured at fair value

		Fair Value at December 31,				Fair Value Measurement Using
		2023				Level 1				Level 2				Level 3
Marketable Securities		$	382,144			$	382,144			$	-			$	-
Warrant Liability		$	504,000			$	-			$	-			$	504,000

		Fair Value at December 31,				Fair Value Measurement Using
		2022				Level 1				Level 2				Level 3
Warrant Liability		$	600,000			$	-			$	-			$	600,000

Schedule Of unobservable inputs used in the earn-out fair value measurements

Beginning balance, December 31, 2021		$	578,591
Warrant liability recorded			600,000
Re-measurement adjustments:
Change in fair value of earn-out liability			26,604
Gain on debt extinguishment			(605,195	)
Ending balance, December 31, 2022		$	600,000
Re-measurement adjustments:
Change in fair value of warrant liability			(96,000	)
Ending balance, December 31, 2023		$	504,000

Significant unobservable inputs used in the fair value measurements of the Company's derivative liabilities designated

		December 31, 2023
Fair value		$	504,000
Valuation technique		Backsolve method
Significant unobservable input		Time to maturity and volatility

		December 31, 2022
Fair value		$	600,000
Valuation technique		Redemption Value
Significant unobservable input		N/A

Schedule Of Anti-dilutive Earnings Per Share

		Years Ended December 31,
		2023				2022
Net loss		$	(6,659,899	)		$	(16,474,688	)
Deemed dividend			(503,642	)			(1,921,213	)
Net loss, numerator, basic computation		$	(7,163,541	)		$	(18,395,901	)

		December 31,				December 31,
		2023				2022
Options			240,188				247,008
Stock awards			-				10,195
Warrants			793,928				752,730
Convertible preferred stock			28,667				28,667
			1,062,783				1,038,600

X

- References

No definition available.

+ Details

Name:	rcrt_ScheduleOfAntiDilutiveEarningsPerShareTableTextBlock
Namespace Prefix:	rcrt_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	rcrt_ScheduleOfDeferredRevenueTableTextBlock
Namespace Prefix:	rcrt_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	rcrt_ScheduleOfExpectedDeferredRevenueRecognitionTableTextBlock
Namespace Prefix:	rcrt_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	rcrt_SignificantUnobservableInputsUsedInTheFairValueMeasurementsOfTheCompanysDerivativeLiabilitiesDesignatedTableTextBlock
Namespace Prefix:	rcrt_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the activity in the balance of servicing liabilities subsequently measured at fair value (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (through assumptions of servicing obligations, and servicing obligations that result from transfers of financial assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value and a description of those changes, and other changes that affect the balance and a description of those changes.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 860
-SubTopic 50
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481229/860-50-50-3

+ Details

Name:	us-gaap_ScheduleOfServicingLiabilitiesAtFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration