v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 2,501,729 $ 1,215,248
Accounts receivable, net 1,259,491 1,850,375
Accounts receivable, unbilled 1,149,237 1,320,837
Parts and supplies, net 89,029 110,272
Contract assets 135,053 140,165
Prepaid expenses and other current assets 380,086 367,478
Total current assets 5,514,625 5,004,375
Property and equipment, net 1,122,488 924,257
Right of use assets, operating 2,126,213 2,532,928
Right of use assets, finance 255,926 219,777
Intangible assets, net 3,526,606 3,909,338
Goodwill 5,789,821 5,789,821
Other assets 698,706 645,764
Total assets 19,034,385 19,026,260
Current liabilities:    
Accounts payable 432,300 194,454
Accrued compensation 760,075 337,884
Accrued expenses 132,751 164,103
Lease liabilities, operating - current 829,265 712,607
Lease liabilities, finance - current 67,610 49,926
Deferred revenues 3,468,109 2,927,808
Total current liabilities 5,690,110 4,386,782
Long-term liabilities:    
Lease liabilities, operating - net of current portion 1,411,832 1,942,970
Lease liabilities, finance - net of current portion 201,971 175,943
Total long-term liabilities 2,900,738 4,888,757
Total liabilities 8,590,848 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 September 30, 2024 and December 31, 2023, respectively 4,231 4,114
Additional paid-in capital 32,026,843 30,841,630
Accumulated deficit (21,587,537) (21,095,023)
Total stockholders’ equity 10,443,537 9,750,721
Total liabilities and stockholders’ equity 19,034,385 19,026,260
Nonrelated Party [Member]    
Long-term liabilities:    
Notes payable 775,587 2,209,242
Related Party [Member]    
Long-term liabilities:    
Notes payable $ 511,348 $ 560,602

Source

HTML PDF
ZIP