v3.24.1.1.u2
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 1,184,944 $ 1,215,248
Accounts receivable, net 1,931,342 1,850,375
Accounts receivable, unbilled 1,286,457 1,320,837
Parts and supplies, net 93,090 110,272
Contract assets 130,829 140,165
Prepaid expenses and other current assets 402,444 367,478
Total current assets 5,029,106 5,004,375
Property and equipment, net 880,740 924,257
Right of use assets, operating 2,461,680 2,532,928
Right of use assets, finance 292,298 219,777
Intangible assets, net 3,781,761 3,909,338
Goodwill 5,789,821 5,789,821
Other assets 680,780 645,764
Total assets 18,916,186 19,026,260
Current liabilities:    
Accounts payable 278,486 194,454
Accrued compensation 558,191 337,884
Accrued expenses 262,050 164,103
Lease liabilities, operating - current 779,741 712,607
Lease liabilities, finance - current 64,429 49,926
Deferred revenues 2,583,207 2,927,808
Total current liabilities 4,851,104 4,386,782
Long-term liabilities:    
Lease liabilities, operating - net of current portion 1,803,213 1,942,970
Lease liabilities, finance - net of current portion 236,591 175,943
Total long-term liabilities 4,045,243 4,888,757
Total liabilities 8,896,347 9,275,539
Stockholders’ equity:    
Common stock, $0.001 par value, 25,000,000 shares authorized; 4,113,621 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 4,114 4,114
Additional paid-in capital 31,285,462 30,841,630
Accumulated deficit (21,269,737) (21,095,023)
Total stockholders’ equity 10,019,839 9,750,721
Total liabilities and stockholders’ equity 18,916,186 19,026,260
Nonrelated Party [Member]    
Current liabilities:    
Notes payable - current 325,000
Long-term liabilities:    
Notes payable 1,438,032 2,209,242
Related Party [Member]    
Long-term liabilities:    
Notes payable $ 567,407 $ 560,602

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