v3.24.1.1.u2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
CONDENSED CONSOLIDATED BALANCE SHEETS    
Cash $ 138,031 $ 1,219,358
Accounts receivable, net 512,148 563,905
Prepaid expenses and other current assets 719,347 1,725,062
Total current assets 1,369,526 3,508,325
Property and equipment, net 188,895 202,421
Right of use lease asset - operating 1,060,267 1,122,412
Software development costs, net 1,125,368 903,412
Acquired technology, net 6,792,028 0
Customer relationships, net 2,729,920 2,980,412
Forward purchase agreement 5,784,556 5,484,556
Goodwill 1,484,966 1,484,966
Total long-term assets 19,166,000 12,178,179
TOTAL ASSETS 20,535,526 15,686,504
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable and accrued expenses 4,894,053 3,243,338
Operating lease liability, current portion 240,705 241,945
Notes payable, current portion 6,388,603 4,720,454
Related party notes payable 572,127 550,975
Deferred revenue 180,712 119,598
Total current liabilities 12,276,200 8,876,310
Long-term debt, net of current maturities 1,195,432 1,420,137
Operating lease liability, net of current portion 886,014 945,889
Total long-term liabilities 2,081,446 2,366,026
TOTAL LIABILITIES 14,357,646 11,242,336
STOCKHOLDERS' EQUITY    
Preferred Stock par value $0.0001; 40,000,000 shares authorized; Issued and Outstanding: 4,376,709 as of March 31, 2024 and 3,755,209 as of December 31, 2023 438 376
Common Stock par value $0.0001; 100,000,000 shares authorized; Issued and Outstanding: 10,240,398 as of March 31, 2024 and 10,068,477 as of December 31, 2023 1,024 1,007
Additional paid-in-capital 126,386,147 119,481,543
Accumulated deficit (120,209,729) (115,038,758)
TOTAL STOCKHOLDERS' EQUITY 6,177,880 4,444,168
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 20,535,526 $ 15,686,504

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