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Note 4 - PistolStar Inc. Acquisition (Tables) | 6 Months Ended
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Jun. 30, 2020
Notes Tables |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
Purchase consideration: |  |  |  |
Total cash paid, net of acquired cash |  | $ | 2,000,000 |
4% Promissory note |  |  | 500,000 |
Total purchase price consideration |  | $ | 2,500,000 |
Fair value of assets acquired and liabilities assumed: |  |  |  |
Cash and cash equivalents |  | $ | 100,747 |
Accounts receivable |  |  | 184,792 |
Prepaid expenses and other current assets |  |  | 9,485 |
Fixed assets |  |  | 36,467 |
Intangible assets |  |  | 2,005,000 |
Goodwill |  |  | 417,171 |
Total assets acquired |  |  | 2,753,662 |
Accrued expenses and other current liabilities |  |  | 494 |
Deferred revenue |  |  | 253,168 |
Total fair value of assets acquired and liabilities assumed |  | $ | 2,500,000 |
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] |
|  | Amount |  |  | Estimated useful life (in years) |
Developed technology |  | $ | 1,153,000 |  |  |  | 3 |
Customer relationships |  |  | 852,000 |  |  |  | 5 |
Total identifiable intangible assets |  | $ | 2,005,000 |  |  |  |  |
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | 3 Months ended June 30, |  |  | 6 Months ended June 30, |
|  | 2020 |  |  | 2020 |
Revenue |  | $ | 725,779 |  |  | $ | 1,652,678 |
Net loss |  |  | (1,580,349 | ) |  |  | (5,045,889 | )
Basic and diluted net loss per share |  | $ | (0.08 | ) |  | $ | (0.28 | )
Weighted average number of ordinary shares used in computing basic and diluted loss per share |  |  | 20,864,866 |  |  |  | 18,030,939 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121647850&loc=d3e4845-128472 + Details
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