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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 9,683,317 $ 10,588,534
Accounts receivable, net of $274,372 allowance 2,152,544
Prepaid expense and other current assets 1,682,004 462,422
Operating lease right-of-use asset, current 882,568 74,490
Employee retention tax credit receivable, net 114,212 114,212
Assets held for sale - current 72,925
Total current assets 14,951,070 11,312,583
Property and equipment, net 632,070
Intangible assets, net 9,214,716 1,882,781
Goodwill 5,516,501 2,663,229
Operating lease right of use assets, noncurrent 810,130
Other assets 13,937 13,937
Total assets 31,138,424 15,872,530
Current liabilities:    
Accounts payable 2,455,833 380,298
Accrued expenses and other current liabilities 1,121,678 509,759
Operating lease liabilities, current portion 805,022 74,490
Deferred revenue 3,678,592 555,039
Earnout liability 704,000
Liabilities held for sale - current 2,024,237
Total current liabilities 8,765,125 3,543,823
Operating lease liabilities, non-current portion 879,098  
Deferred tax liability 418,380 429,045
Total liabilities 10,062,603 3,972,868
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Series A Preferred Stock, $0.001 par value, 9,000,000 authorized, 4,000,000 and 0 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 4,000
Common stock, $0.001 par value, 25,000,000 shares authorized, 9,878,950 shares issued and 9,236,987 shares outstanding as of March 31, 2025 and December 31, 2024 9,879 9,879
Treasury stock, 641,963 shares repurchased as of March 31, 2025 and December 31, 2024 (1,199,337) (1,199,337)
Additional paid-in capital 44,763,526 36,399,897
Accumulated deficit (22,502,247) (23,310,777)
Total stockholders’ equity 21,075,821 11,899,662
Total liabilities and stockholders’ equity 31,138,424 15,872,530
Related Party    
Current assets:    
Accounts receivable – due from related party $ 436,425