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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash $ 2,662 $ 27,436
Accounts receivable, net 81,040 100,621
Prepaid expenses 18,075
Other receivables 777,865 599,575
Other current assets 14,039
Total Current Assets 875,606 745,707
Other Assets:    
Property and equipment, net 2,870,752 3,254,039
Intangible assets, net 3,724
Goodwill 8,139,889 8,139,889
Operating lease right-of-use assets 118,869 140,218
Other long-term assets 380,952 395,952
Total Other Assets 11,510,462 11,933,822
TOTAL ASSETS 12,386,068 12,679,529
Current Liabilities:    
Cash overdraft 26,451 31,750
Accounts payable 3,783,495 4,216,194
Accrued expenses 57,360 1,151,803
Merchant portfolio purchase installment obligation 2,000,000 2,000,000
Operating lease liability – current portion 45,742 46,491
Notes payable, net of current portion 202,939
Total Current Liabilities 5,913,048 9,396,646
Long Term Liabilities:    
Operating lease liability – net of current portion 73,741 93,869
Total Liabilities 5,986,789 9,490,515
Commitments and contingencies (Note 14)
Stockholders’ Equity:    
Preferred stock, value
Common stock, $0.0001 par value, 50,000,000 shares authorized, 8,380,749 and 2,289,930 shares issued, 8,368,132 and 2,277,313 shares outstanding at June, 2025 and December 31, 2024, respectively 837 228
Common stock to be issued 748,001
Treasury stock, at cost, 12,617 shares at June 30, 2025 and December 31, 2024 (109,988) (109,988)
Additional paid-in capital 77,548,548 71,098,571
Accumulated deficit (71,788,119) (67,799,807)
Total Stockholders’ Equity 6,399,279 3,189,014
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 12,386,068 12,679,529
Series A Preferred Stock    
Stockholders’ Equity:    
Preferred stock, value 10
Related Party    
Current Liabilities:    
Preferred dividend payable (related party) 543,509
Accrued interest - related party $ 1,203,960