v3.25.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 2,489,236 $ 1,215,248
Accounts receivable, net 1,111,504 1,850,375
Accounts receivable, unbilled 1,296,524 1,320,837
Parts and supplies, net 100,561 110,272
Contract assets 139,696 140,165
Prepaid expenses and other current assets 337,035 367,478
Total current assets 5,474,556 5,004,375
Property and equipment, net 1,093,867 924,257
Right of use assets, operating 1,894,866 2,532,928
Right of use assets, finance 237,741 219,777
Intangible assets, net 3,399,029 3,909,338
Goodwill 5,789,821 5,789,821
Other assets 685,076 645,764
Total assets 18,574,956 19,026,260
Current liabilities:    
Accounts payable 310,623 194,454
Accrued compensation 493,700 337,884
Accrued expenses 172,421 164,103
Lease liabilities, operating - current 842,468 712,607
Lease liabilities, finance - current 69,261 49,926
Deferred revenues 3,411,852 2,927,808
Total current liabilities 6,597,773 4,386,782
Long-term liabilities:    
Lease liabilities, operating - net of current portion 1,161,404 1,942,970
Lease liabilities, finance - net of current portion 184,024 175,943
Total long-term liabilities 1,345,428 4,888,757
Total liabilities 7,943,201 9,275,539
Stockholders’ equity:    
Common stock, $0.001 par value, 25,000,000 shares authorized; 4,249,735 and 4,113,621 shares issued and outstanding at December 31, 2024 and 2023, respectively 4,250 4,114
Additional paid-in capital 32,268,743 30,841,630
Accumulated deficit (21,641,238) (21,095,023)
Total stockholders’ equity 10,631,755 9,750,721
Total liabilities and stockholders’ equity 18,574,956 19,026,260
Nonrelated Party [Member]    
Current liabilities:    
Notes payable current 781,936
Long-term liabilities:    
Notes payable 2,209,242
Related Party [Member]    
Current liabilities:    
Notes payable current 515,512
Long-term liabilities:    
Notes payable $ 560,602

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