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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues    
Revenues $ 7,754,905 $ 7,020,258
Costs and other expenses    
Costs and other expenses 6,323,586 2,439,570
Gross Profit 1,431,319 4,580,688
Operating expenses    
Selling, general and administrative 7,862,710 9,364,887
Research, development and engineering 2,394,926 3,252,236
Reversal of earnout payable – Swivel acquisition 0 (500,000)
Impairment of goodwill 0 2,387,193
Total operating expenses 10,257,636 14,504,316
Operating loss (8,826,317) (9,923,628)
Other income (expense)    
Interest income 11,533 233
Gain from sale of asset 20,000 0
Loss on foreign currency transactions (39,000) 0
Investment-debt security reserve 0 (452,821)
Loan transaction costs 0 (1,147,456)
Change in fair value of convertible note 396,203 (396,203)
Interest expense (218,270) (10,462)
Total other income (expense) 170,466 (2,006,709)
Loss before provision for income tax benefit (8,655,851) (11,930,337)
Provision for income tax benefit 134,014 20,434
Net loss (8,521,837) (11,909,903)
Comprehensive loss:    
Net loss (8,521,837) (11,909,903)
Other comprehensive loss- Foreign translation adjustment 265,423 (242,602)
Comprehensive loss $ (8,256,414) $ (12,152,505)
Basic and Diluted Loss per Common Share (in dollars per share) $ (15.21) $ (27.26)
Weighted Average Shares Outstanding:    
Basic and Diluted (in shares) 560,278 436,821
Service [Member]    
Revenues    
Revenues $ 2,218,885 $ 1,789,720
Costs and other expenses    
Costs and other expenses 861,936 722,152
License [Member]    
Revenues    
Revenues 4,342,010 4,584,052
Costs and other expenses    
Costs and other expenses 1,174,919 906,417
Hardware [Member]    
Revenues    
Revenues 1,194,010 646,486
Costs and other expenses    
Costs and other expenses 700,231 411,001
Hardware Reserve [Member]    
Costs and other expenses    
Costs and other expenses $ 3,586,500 $ 400,000