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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 4,378,865 $ 3,427,058
Accounts receivable, net of allowances and reserves of $23,832 as of June 30, 2020 and December 31, 2019 12,786 130,686
Digital tokens receivable 112,000
Prepaid expense and other current assets 181,858 167,441
Total current assets 4,685,509 3,725,185
Operating lease right-of-use assets 96,222 685,042
Property and equipment, net 448,333 620,059
Goodwill 6,326,250 6,326,250
Intangible assets, net 499,724 627,891
Digital tokens 93,036 148,229
Other assets 13,937 86,876
Total assets 12,163,011 12,219,532
Current liabilities:    
Accounts payable 922,884 1,007,851
Accrued expenses and other current liabilities 251,245 434,739
Operating lease liabilities, current portion 61,276 178,479
Term debt, current portion 253,250  
Deferred subscription revenue 1,969,563 1,829,493
Total current liabilities 3,458,218 3,450,562
Term debt, non-current portion 253,250  
Operating lease liabilities, non-current portion 34,946 583,075
Total liabilities 3,746,414 4,033,637
Stockholders' equity:    
Common stock, $0.001 par value, 25,000,000 shares authorized; and 6,878,904 shares issued and 6,868,954 and 6,877,004 shares outstanding as of June 30, 2020 and December 31, 2019, respectively 6,879 6,879
Treasury stock, 9,950 and 1,900 shares, at par as of June 30, 2020 and December 31, 2019, respectively (10,859) (2,015)
Additional paid-in capital 21,427,771 21,281,382
Accumulated deficit (13,007,194) (13,100,351)
Total stockholders' equity 8,416,597 8,185,895
Total liabilities and stockholders' equity $ 12,163,011 $ 12,219,532