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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 1,260,351 $ 511,400
Accounts receivable, net 904,046 1,201,526
Due from factor 28,164 99,320
Inventory 433,182 445,740
Prepaid expenses and other 388,786 364,171
Total current assets 3,014,529 2,622,157
Equipment and leasehold improvements, net 174,419 220,177
Capitalized contract costs, net 348,617 229,806
Operating lease right-of-use assets 9,341 36,905
Intangible assets, net 1,252,090 1,407,990
Total non-current assets 1,784,467 1,894,878
TOTAL ASSETS 4,798,996 4,517,035
LIABILITIES    
Accounts payable 1,539,548 1,316,014
Accrued liabilities 1,164,681 1,305,848
Deferred revenue, current 715,193 414,968
Operating lease liabilities, current portion 9,570 37,829
Total current liabilities 5,574,685 3,213,389
Deferred revenue, long term 142,949 28,296
Deferred tax liability 22,998 22,998
Government loan – BBVA Bank – net of current portion 114,656 188,787
Total non-current liabilities 280,603 240,081
TOTAL LIABILITIES 5,855,288 3,453,470
Commitments and Contingencies
STOCKHOLDERS’ EQUITY    
Common stock — authorized, 170,000,000 shares; issued and outstanding; 1,815,618 and 1,032,777 of $.0001 par value at June 30, 2024 and December 31, 2023, respectively 182 103
Additional paid-in capital 126,143,205 126,047,851
Accumulated other comprehensive loss (15,234) 22,821
Accumulated deficit (127,184,445) (125,007,210)
TOTAL STOCKHOLDERS’ EQUITY (1,056,292) 1,063,565
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 4,798,996 4,517,035
Senior Secured Promissory Note [Member]    
LIABILITIES    
Debt, current 2,010,293 0
Government Loan [Member]    
LIABILITIES    
Debt, current $ 135,400 $ 138,730