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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 13,667,000 $ 14,739,933
Accounts receivable, net of allowances of $13,648 as of September 30, 2023 and $3,648 as of December 31, 2022 143,222 122,297
Employee retention tax credit receivable, net 114,212
Prepaid expense and other current assets 822,647 543,199
Total current assets 14,747,081 15,405,429
Operating lease right-of-use asset 97,727 159,181
Goodwill 6,326,250 6,326,250
Intangible assets, net 2,910,061 3,526,811
Other assets 13,937 13,937
Total assets 24,095,056 25,431,608
Current liabilities:    
Accounts payable 680,187 1,013,637
Accrued expenses and other current liabilities 65,466 225,193
Operating lease liabilities, current portion 76,886 82,176
Contingent consideration 85,000
Deferred subscription revenue 2,200,517 2,257,452
Total current liabilities 3,023,056 3,663,458
Operating lease liabilities, non-current portion 20,841 77,005
Deferred tax liability 698,684 716,903
Total liabilities 3,742,581 4,457,366
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.001 par value, 25,000,000 shares authorized, 9,864,120 shares issued and 9,222,157 and 9,227,349 shares outstanding as of September 30, 2023 and December 31, 2022, respectively 9,864 9,864
Treasury stock, 641,963 and 636,771 shares repurchased as of September 30, 2023 and December 31, 2022, respectively (1,199,337) (1,192,124)
Additional paid-in capital 36,143,426 35,973,735
Accumulated deficit (14,601,478) (13,817,233)
Total stockholders’ equity 20,352,475 20,974,242
Total liabilities and stockholders’ equity $ 24,095,056 $ 25,431,608