v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 2,138,243 $ 2,489,236
Accounts receivable, net 1,387,173 1,111,504
Accounts receivable, unbilled 984,697 1,296,524
Parts and supplies, net 107,307 100,561
Contract assets 113,810 139,696
Prepaid expenses and other current assets 393,048 337,035
Total current assets 5,124,278 5,474,556
Property and equipment, net 1,132,926 1,093,867
Right of use assets, operating 1,741,845 1,894,866
Right of use assets, finance 219,555 237,741
Intangible assets, net 3,271,452 3,399,029
Goodwill 5,789,821 5,789,821
Other assets 684,137 685,076
Total assets 17,964,014 18,574,956
Current liabilities:    
Accounts payable 338,329 310,623
Accrued compensation 647,062 493,700
Accrued expenses 294,040 172,421
Lease liabilities, operating - current 862,466 842,468
Lease liabilities, finance - current 70,953 69,261
Deferred revenues 2,937,890 3,411,852
Total current liabilities 6,458,701 6,597,773
Long-term liabilities:    
Lease liabilities, operating - net of current portion 982,034 1,161,404
Lease liabilities, finance - net of current portion 165,638 184,024
Total long-term liabilities 1,147,672 1,345,428
Total liabilities 7,606,373 7,943,201
Stockholders’ equity:    
Common stock, $0.001 par value, 25,000,000 shares authorized; 4,260,929 and 4,249,735 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 4,261 4,250
Additional paid-in capital 32,722,183 32,268,743
Accumulated deficit (22,368,803) (21,641,238)
Total stockholders’ equity 10,357,641 10,631,755
Total liabilities and stockholders’ equity 17,964,014 18,574,956
Nonrelated Party [Member]    
Current liabilities:    
Notes payable - current 788,285 781,936
Related Party [Member]    
Current liabilities:    
Notes payable - current $ 519,676 $ 515,512

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