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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 93,157 $ 1,089,999
Less: Income from discontinued operations 721,890
Income from continuing operations 93,157 368,109
Adjustments to reconcile net income from continuing operations to net cash (used in) provided by operating activities of continuing operations:    
Depreciation of property and equipment 171,726 177,435
Amortization of intangible assets 128,167 128,165
Amortization of operating lease right-of-use assets 76,828
Gain on lease termination (141,001)  
Realized loss from the sale of digital tokens 23,838
Write-off of note receivable 56,042
Stock-based compensation 146,389 896,186
Common stock issued for consulting services 34,500
Changes in operating assets and liabilities:    
Credit card holdback receivable 64,638
Accounts receivable 117,900 191,204
Digital tokens receivable (112,000)
Operating lease liability (80,419)
Prepaid expenses and other current assets (14,417) (143,482)
Other assets 16,897 (34,459)
Accounts payable, accrued expenses and other current liabilities (200,382) (1,689,591)
Deferred subscription revenue 140,070 8,796
Deferred technology service revenue (3,379,435)
Other liabilities 43,910
Net cash provided by (used in) continuing operating activities 422,795 (3,334,024)
Net cash used in discontinued operating activities (39,967)
Net cash provided by (used in) operating activities 422,795 (3,373,991)
Cash flows from investing activities:    
Payment for property and equipment, including website development, net (195,497)
Proceeds from the sale of digital tokens 31,356 56,100
Net cash used in continuing investing activities (139,397)
Net cash provided by discontinued investing activities 1,600,000
Net cash provided by investing activities 31,356 1,460,603
Cash flows from financing activities:    
Borrowings of term debt 506,500  
Purchase of treasury stock (8,844)
Net cash provided by financing activities 497,656
Net increase (decrease) in cash and cash equivalents 951,807 (1,913,388)
Balance of cash and cash equivalents at beginning of period 3,427,058 6,555,376
Balance of cash and cash equivalents at end of period $ 4,378,865 $ 4,641,988