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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 20,403,906 $ 21,636,860
Accounts receivable, net of allowances of $3,648 as of March 31, 2022 and December 31, 2021 109,088 153,448
Prepaid expense and other current assets 277,100 239,258
Total current assets 20,790,094 22,029,566
Operating lease right-of-use asset 219,586 239,491
Property and equipment, net 39,501 69,599
Goodwill 6,326,250 6,326,250
Intangible assets, net 150,377 196,543
Digital tokens 7,262 7,262
Other assets 13,937 13,937
Total assets 27,547,007 28,882,648
Liabilities and stockholders’ equity    
Accounts payable 923,737 1,332,632
Accrued expenses and other current liabilities 93,714 344,441
Operating lease liabilities, current portion 80,771 80,309
Deferred subscription revenue 1,845,853 1,915,493
Total current liabilities 2,944,075 3,672,875
Operating lease liabilities, non-current portion 138,815 159,182
Total liabilities 3,082,890 3,832,057
Commitments and contingencies (Note 10)
Common stock, $0.001 par value, 25,000,000 shares authorized, 9,864,120 shares issued and 9,832,157 shares outstanding as of March 31, 2022 and December 31, 2021 9,864 9,864
Treasury stock, 31,963 and 9,950 shares as of March 31, 2022 and December 31, 2021, respectively (194,200) (194,200)
Additional paid-in capital 35,792,381 35,639,910
Accumulated deficit (11,143,928) (10,404,983)
Total stockholders’ equity 24,464,117 25,050,591
Total liabilities and stockholders’ equity $ 27,547,007 $ 28,882,648