XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 2,275,344 $ 437,604
Accounts receivable, net 983,534 718,229
Due from factor 154,769 74,170
Inventory 318,538 378,307
Prepaid expenses and other 303,045 278,648
Total current assets 4,035,230 1,886,958
Equipment and leasehold improvements, net 102,499 140,198
Capitalized contract costs, net 367,125 409,426
Deposits and other assets 7,976 7,976
Operating lease right-of-use assets 60,829 73,372
Investments 5,000,000 5,000,000
Intangible assets, net 942,892 1,097,630
Total non-current assets 6,481,321 6,728,602
TOTAL ASSETS 10,516,551 8,615,560
LIABILITIES    
Accounts payable 889,026 818,187
Accrued liabilities 1,170,889 1,278,732
Deferred revenue, current 873,394 773,267
Operating lease liabilities, current portion 25,886 24,642
Total current liabilities 3,531,910 4,553,536
Deferred revenue, long term 96,729 196,237
Government loan – BBVA Bank – net of current portion 0 44,762
Operating lease liabilities, net of current portion 35,735 48,994
Total non-current liabilities 132,464 289,993
TOTAL LIABILITIES 3,664,374 4,843,529
Commitments and Contingencies
STOCKHOLDERS’ EQUITY    
Common stock — authorized, 170,000,000 shares; issued and outstanding; 6,848,776 and 3,715,483 of $.0001 par value at June 30, 2025 and December 31, 2024, respectively 685 372
Additional paid-in capital 137,948,437 133,030,271
Accumulated other comprehensive income 114,898 49,290
Accumulated deficit (131,211,843) (129,307,902)
TOTAL STOCKHOLDERS’ EQUITY 6,852,177 3,772,031
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 10,516,551 8,615,560
Senior Secured Promissory Note [Member]    
LIABILITIES    
Debt, current 447,153 1,525,977
Government Loan [Member]    
LIABILITIES    
Debt, current $ 125,562 $ 132,731