Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash $ 1,091,460 $ 735,424
Accounts receivable, net of allowance for doubtful accounts of $46,512 and $56,340, respectively 828,170 578,303
Other current assets 353,694 227,458
Total current assets 2,273,324 1,541,185
Goodwill 411,183 411,183
Right to use lease assets 1,081,388 1,187,537
Intangible assets, net 907,982 1,124,720
Other assets 153,572 173,325
TOTAL ASSETS 4,827,449 4,437,950
Current liabilities    
Accounts payable 3,604,508 3,823,909
Accrued interest 444,135 172,239
Accrued and deferred personnel compensation 178,210 495,533
Deferred revenue and customer deposits 302,979 377,170
Related party notes payable 1,181,250 819,531
Notes payable, net - current maturities 41,560 69,052
Operating lease liabilities 240,064 229,240
Other current liabilities 0 9,071
Total current liabilities 5,992,706 5,995,745
Non-current liabilities    
Related party notes payable, net - long term 2,633,032 2,498,711
Notes payable, net - long term 49,373 39,086
Operating lease liability 1,065,155 1,188,589
Total non-current liabilities 3,747,560 3,726,386
Total liabilities 9,740,266 9,722,131
Stockholders' equity (deficit)    
Common stock, $0.001 par value; 100,000,000 shares authorized; 59,661,385 and 55,410,695, shares issued and outstanding 59,661 55,411
Equity payable 100,862 100,862
Additional paid-in capital 106,699,502 102,446,921
Accumulated other comprehensive income (loss) (52,722) (52,088)
Accumulated deficit (111,720,120) (107,835,287)
Total stockholders' equity (deficit) (4,912,817) (5,284,181)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 4,827,449 $ 4,437,950