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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash $ 330,437 $ 507,616
Accounts receivable, net 348,837 479,404
Prepaid expenses 23,728 16,706
Other current assets 117,046 108,278
Total Current Assets 820,048 1,112,004
Other Assets:    
Property and equipment, net 27,077 36,653
Intangible assets, net 3,053,810 3,335,239
Deferred offering costs 233,120 210,305
Goodwill 6,858,216 6,858,216
Other long-term assets 312,098 316,512
TOTAL ASSETS 11,304,369 11,868,929
Current Liabilities:    
Accounts payable 627,469 592,853
Accrued expenses - related party 1,012,023
Accrued expenses 218,374 78,392
Deferred revenue 99,594
Note payable - current portion 1,499,680 325,000
Note payable - related parties - current portion 386,467
Total Current Liabilities 2,345,523 2,494,329
Long Term Liabilities:    
Accrued expenses – related party 1,214,634
Note payable – related party 386,486
Note payable – related party 3,000,000 3,000,000
Note payable, net 8,411,550 9,175,000
Total Liabilities 15,008,193 14,669,329
Commitments and contingencies (Note 9)
Stockholders' Deficit:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding  
Common stock, $0.0001 par value; 200,000,000 shares authorized, 5,411,905 and 5,411,905 shares issued and outstanding, respectively 541 541
Additional paid-in capital 16,200,130 16,050,938
Accumulated deficit (19,904,495) (18,851,879)
Total Stockholders' Deficit (3,703,824) (2,800,400)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 11,304,369 $ 11,868,929