Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash $ 568,896 $ 3,282,820
Accounts receivable, net of allowance for doubtful accounts of $44,386 and $33,848, respectively 1,635,438 305,693
Contracts receivable, current 943,904 943,904
Other current assets 168,685 272,736
Total current assets 3,316,923 4,805,153
Goodwill 496,352 496,352
Right to use lease assets 1,242,264 57,482
Intangible assets, net 1,253,496 1,368,329
Contracts receivable, long term 707,928 1,415,856
Other assets 181,602 25,230
TOTAL ASSETS 7,198,565 8,168,402
Current liabilities    
Accounts payable 3,303,438 1,935,411
Accrued interest 72,896 47,316
Accrued and deferred personnel compensation 483,804 224,881
Deferred revenue and customer deposits 495,287 606,597
Related party notes payable 333,333 80,000
Notes payable, net - current maturities 101,481 561,676
Operating lease liability 195,270 58,173
Other current liabilities 431,027 566,303
Total current liabilities 5,416,536 4,080,357
Non-current liabilities    
Related party notes payable, net - long term 1,552,112  
Notes payable, net - long term 78,623 1,499,001
Operating lease liability 1,247,395 13,296
Other long term liabilities 415,767 831,535
Total non-current liabilities 3,293,897 2,343,832
Total liabilities 8,710,433 6,424,189
Stockholders' equity (deficit)    
Common stock, $0.001 par value; 100,000,000 shares authorized; 55,410,695 and 55,410,695, shares issued and outstanding 55,411 55,411
Equity payable 100,862 100,862
Additional paid-in capital 102,063,155 101,186,889
Accumulated other comprehensive income (loss) (45,837) (23,446)
Accumulated deficit (103,685,459) (99,575,503)
Total stockholders' equity (deficit) (1,511,868) 1,744,213
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 7,198,565 $ 8,168,402