v3.24.2.u1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 1,680,669 $ 1,215,248
Accounts receivable, net 1,449,188 1,850,375
Accounts receivable, unbilled 1,483,313 1,320,837
Parts and supplies, net 93,926 110,272
Contract assets 141,214 140,165
Prepaid expenses and other current assets 335,380 367,478
Total current assets 5,183,690 5,004,375
Property and equipment, net 999,276 924,257
Right of use assets, operating 2,276,171 2,532,928
Right of use assets, finance 274,112 219,777
Intangible assets, net 3,654,183 3,909,338
Goodwill 5,789,821 5,789,821
Other assets 685,471 645,764
Total assets 18,862,724 19,026,260
Current liabilities:    
Accounts payable 340,298 194,454
Accrued compensation 540,237 337,884
Accrued expenses 160,947 164,103
Lease liabilities, operating - current 797,870 712,607
Lease liabilities, finance - current 66,000 49,926
Deferred revenues 2,755,185 2,927,808
Total current liabilities 4,660,537 4,386,782
Long-term liabilities:    
Lease liabilities, operating - net of current portion 1,596,960 1,942,970
Lease liabilities, finance - net of current portion 219,490 175,943
Total long-term liabilities 3,855,825 4,888,757
Total liabilities 8,516,362 9,275,539
Stockholders’ equity:    
Common stock, $0.001 par value, 25,000,000 shares authorized; 4,230,806 and 4,113,621 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 4,231 4,114
Additional paid-in capital 31,536,818 30,841,630
Accumulated deficit (21,194,687) (21,095,023)
Total stockholders’ equity 10,346,362 9,750,721
Total liabilities and stockholders’ equity 18,862,724 19,026,260
Nonrelated Party [Member]    
Long-term liabilities:    
Notes payable - related party 1,467,312 2,209,242
Related Party [Member]    
Long-term liabilities:    
Notes payable - related party $ 572,063 $ 560,602

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