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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 1,801,137 $ 511,400
Accounts receivable, net 1,930,258 1,201,526
Due from factor 49,018 99,320
Inventory 386,944 445,740
Prepaid expenses and other 382,866 364,171
Total current assets 4,550,223 2,622,157
Equipment and leasehold improvements, net 162,551 220,177
Capitalized contract costs, net 430,596 229,806
Deposits and other assets 7,975 0
Operating lease right-of-use assets 73,637 36,905
Intangible assets, net 1,174,721 1,407,990
Total non-current assets 1,849,480 1,894,878
TOTAL ASSETS 6,399,703 4,517,035
LIABILITIES    
Accounts payable 1,564,654 1,316,014
Accrued liabilities 1,254,415 1,305,848
Deferred revenue, current 719,846 414,968
Operating lease liabilities, current portion 24,545 37,829
Total current liabilities 5,870,007 3,213,389
Deferred revenue, long term 240,664 28,296
Deferred tax liability 22,998 22,998
Government loan – BBVA Bank – net of current portion 83,901 188,787
Operating lease liabilities, net of current portion 49,091 0
Total non-current liabilities 396,654 240,081
TOTAL LIABILITIES 6,266,661 3,453,470
Commitments and Contingencies
STOCKHOLDERS’ EQUITY    
Common stock — authorized, 170,000,000 shares; issued and outstanding; 3,109,288 and 1,032,777 of $.0001 par value at September 30, 2024 and December 31, 2023, respectively 311 103
Additional paid-in capital 127,981,436 126,047,851
Accumulated other comprehensive loss 74,699 22,821
Accumulated deficit (127,923,404) (125,007,210)
TOTAL STOCKHOLDERS’ EQUITY 133,042 1,063,565
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 6,399,703 4,517,035
Senior Secured Promissory Note [Member]    
LIABILITIES    
Debt, current 2,164,693 0
Government Loan [Member]    
LIABILITIES    
Debt, current $ 141,854 $ 138,730