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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 5,585,420 $ 3,427,058
Accounts receivable, net of allowances of $3,648 and $23,832, as of December 31, 2020 and 2019, respectively 71,410 130,686
Prepaid expense and other current assets 236,704 167,441
Total current assets 5,893,534 3,725,185
Digital tokens receivable 210,000
Operating lease right-of-use asset 68,967 685,042
Property and equipment, net 255,777 620,059
Goodwill 6,326,250 6,326,250
Intangible assets, net 381,210 627,891
Digital tokens 439,145 148,229
Other assets 13,937 86,876
Total assets 13,588,820 12,219,532
Liabilities and stockholders’ equity    
Accounts payable 742,141 1,007,851
Accrued expenses and other current liabilities 254,084 434,739
Operating lease liabilities, current portion 68,967 178,479
Digital tokens payable 123,397  
Term debt, current portion 338,792
Deferred subscription revenue 2,058,721 1,829,493
Total current liabilities 3,586,102 3,450,562
Operating lease liabilities, non-current portion   583,075
Term debt, non-current portion 167,708  
Total liabilities 3,753,810 4,033,637
Commitments and contingencies
Common stock, $0.001 par value, 25,000,000 shares authorized, 6,916,404 and 6,878,904 shares issued and 6,906,454 and 6,877,004 shares outstanding as of December 31, 2020 and 2019, respectively 6,917 6,879
Treasury stock, 9,950 and 1,900 shares, at par as of December 31, 2020 and 2019, respectively (10,859) (2,015)
Additional paid-in capital 21,568,041 21,281,382
Accumulated deficit (11,729,089) (13,100,351)
Total stockholders’ equity 9,835,010 8,185,895
Total liabilities and stockholders’ equity $ 13,588,820 $ 12,219,532