IZEA Worldwide, Inc(NASDAQ:IZEA)

IZEA Worldwide, Inc., together with its subsidiaries, creates and operates online marketplaces that connect marketers and content creators. Its technology solutions enable the management of content workflow, creator search and targeting, bidding, analytics, and payment processing. The company engage...
Website: http://www.izea.com
Founded: 2006
Full Time Employees: 117
Sector: Communication Services
Industry: Internet Content & Information
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-02-28 | 2010-11-30 | 2010-08-31 |
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revenue | 6,573,232 | 6,063,878 | 8,072,380 | 9,133,232 | 7,968,363 | 11,002,517 | 8,831,794 | 9,093,816 | 6,952,883 | 8,892,916 | 7,894,901 | 10,689,059 | 8,737,722 | 8,802,255 | 10,826,335 | 12,577,011 | 8,890,336 | 10,500,460 | 7,607,546 | 6,538,739 | 5,375,632 | 6,394,728 | 4,036,120 | 3,135,039 | 4,763,668 | 5,826,966 | 4,411,086 | 3,923,864 | 4,793,756 | 6,301,353 | 5,780,941 | 4,120,960 | 3,896,441 | 3,100,248 | 8,154,674 | 6,980,221 | 6,202,506 | 7,433,991 | 7,496,972 | 6,913,689 | 5,465,950 | 6,262,233 | 5,442,457 | 4,627,742 | 4,135,494 | 2,464,328 | 1,931,671 | 1,969,235 | 1,957,040 | 1,960,544 | 1,565,851 | 1,715,273 | 1,385,275 | 1,046,018 | 1,058,836 | 1,204,018 | 1,645,367 | 1,525,881 | 1,052,675 | 845,901 | |||
yoy | -17.51% | -44.89% | -8.60% | 0.43% | 14.61% | 23.72% | 11.87% | -14.92% | -20.43% | 1.03% | -27.08% | -15.01% | -1.72% | -16.17% | 42.31% | 92.35% | 65.38% | 64.20% | 88.49% | 108.57% | 12.85% | 9.74% | -8.50% | -20.10% | -0.63% | -7.53% | -23.70% | -4.78% | 23.03% | 103.25% | -29.11% | -40.96% | -37.18% | -58.30% | 8.77% | 0.96% | 13.48% | 18.71% | 37.75% | 49.40% | 32.17% | 154.12% | 181.75% | 135.00% | 111.31% | 25.70% | 23.36% | 14.81% | 41.27% | 87.43% | 47.88% | 42.46% | -15.81% | -31.45% | 0.59% | 42.34% | |||||||
qoq | 8.40% | -24.88% | -11.62% | 14.62% | -27.58% | 24.58% | -2.88% | 30.79% | -21.82% | 12.64% | -26.14% | 22.33% | -0.73% | -18.70% | -13.92% | 41.47% | -15.33% | 38.03% | 16.35% | 21.64% | -15.94% | 58.44% | 28.74% | -34.19% | -18.25% | 32.10% | 12.42% | -18.15% | -23.92% | 9.00% | 40.28% | 5.76% | 25.68% | -61.98% | 16.83% | 12.54% | -16.57% | -0.84% | 8.44% | 26.49% | -12.72% | 15.06% | 17.61% | 11.90% | 67.81% | 27.57% | -1.91% | 0.62% | -0.18% | 25.21% | -8.71% | 23.82% | 32.43% | -1.21% | -12.06% | -26.82% | 7.83% | 44.95% | 24.44% | ||||
costs and expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of revenue | 3,630,001 | 3,286,559 | 4,152,375 | 4,386,612 | 4,401,574 | 6,848,525 | 5,210,104 | 5,177,600 | 3,967,975 | 4,721,329 | 4,685,437 | 6,254,517 | 5,960,162 | 5,748,623 | 6,597,430 | 7,211,922 | 5,179,724 | 4,797,159 | 3,975,532 | 3,284,259 | 2,404,752 | 2,743,502 | 1,701,770 | 1,414,249 | 2,140,517 | 2,700,116 | 1,904,287 | 1,817,659 | 2,099,291 | 2,551,249 | 2,397,466 | 1,930,298 | 2,163,142 | ||||||||||||||||||||||||||||||
sales and marketing | 930,574 | 1,137,453 | 1,095,363 | 962,017 | 1,121,782 | 2,982,476 | 2,879,320 | 3,206,979 | 3,056,291 | 2,610,521 | 2,700,301 | 2,831,949 | 2,404,551 | 2,211,654 | 2,502,128 | 2,289,769 | 2,520,343 | 2,172,910 | 2,240,936 | 2,302,869 | 2,078,323 | 1,844,800 | 1,403,037 | 1,228,691 | 1,523,143 | 2,002,189 | 1,518,165 | 1,362,242 | 1,357,667 | 1,418,863 | 1,574,335 | 1,735,596 | 1,755,526 | -73,523 | 2,342,002 | 2,426,363 | 2,898,355 | 2,705,246 | 2,584,287 | 2,612,714 | 2,359,663 | 2,626,091 | 1,982,088 | 1,746,549 | 1,581,487 | 323,158 | 482,045 | 343,283 | 160,867 | 108,140 | 63,436 | 115,090 | 94,169 | -35,637 | 219,584 | 604,056 | 193,539 | 297,253 | 249,888 | 78,702 | |||
general and administrative | 3,035,506 | 3,074,193 | 3,004,321 | 2,897,551 | 2,940,507 | 3,747,136 | 5,840,027 | 3,372,797 | 3,783,086 | 3,610,670 | 3,032,759 | 3,167,941 | 3,403,608 | 1,826,942 | 2,928,679 | 3,378,988 | 3,502,435 | 3,168,736 | 2,670,785 | 2,659,578 | 2,535,147 | 2,445,826 | 1,827,267 | 1,920,492 | 2,417,838 | 3,014,646 | 1,752,126 | 2,232,305 | 2,612,054 | 2,398,101 | 2,699,978 | 1,970,610 | 1,615,222 | 1,197,145 | 2,687,266 | 2,524,630 | 2,809,524 | 2,723,490 | 2,454,555 | 2,524,746 | 2,580,001 | 2,435,748 | 1,056,473 | 2,164,380 | 1,860,514 | 2,472,495 | 2,320,142 | 2,176,514 | 1,844,140 | 1,865,912 | 1,655,727 | 1,364,569 | 1,574,592 | 1,480,164 | 1,335,858 | 1,687,771 | 1,783,981 | 1,975,200 | 1,950,248 | 984,517 | |||
depreciation and amortization | 149,247 | 176,052 | 150,740 | 149,242 | 160,352 | 489,378 | 239,849 | 225,748 | 204,186 | 138,897 | 117,544 | 110,432 | 346,262 | 423,305 | 127,535 | 138,492 | 138,829 | 139,212 | 220,453 | 363,924 | 365,529 | 401,267 | 372,483 | 377,107 | 501,269 | 433,206 | 433,094 | 448,105 | 436,224 | 451,539 | 370,674 | 210,691 | 265,455 | ||||||||||||||||||||||||||||||
total costs and expenses | 7,745,328 | 7,674,257 | 8,402,799 | 8,395,422 | 8,624,215 | 14,181,270 | 18,186,022 | 11,983,124 | 11,011,538 | 11,081,417 | 10,536,041 | 12,364,839 | 12,114,583 | 10,210,524 | 12,155,772 | 13,019,171 | 11,341,331 | 10,278,017 | 9,107,706 | 8,610,630 | 7,383,751 | 7,435,395 | 5,304,557 | 4,940,539 | 10,882,767 | 8,150,157 | 5,607,672 | 5,860,311 | 6,505,236 | 6,819,752 | 7,042,453 | 5,847,195 | 5,799,345 | ||||||||||||||||||||||||||||||
income from operations | -1,172,096 | -1,610,379 | -330,419 | 737,810 | -655,852 | -3,178,753 | -9,354,228 | -2,889,308 | -4,058,655 | -2,188,501 | -2,641,140 | -1,675,780 | -3,376,861 | -1,408,269 | -1,329,437 | -442,160 | -2,450,995 | 222,443 | -1,500,160 | -2,071,891 | -2,008,119 | -1,040,667 | -1,268,437 | -1,805,500 | -6,119,099 | -2,323,191 | -1,196,586 | -1,936,447 | -1,711,480 | -518,399 | -1,261,512 | -1,726,235 | -1,902,904 | -729,169 | -633,215 | -1,412,953 | -2,700,899 | -1,789,954 | -1,469,149 | -1,642,158 | -2,575,083 | -2,387,214 | -886,561 | -2,200,547 | -1,747,998 | -1,178,752 | -1,562,733 | -1,207,218 | -697,500 | -865,742 | -652,439 | -535,287 | -859,588 | -955,098 | -930,625 | -1,588,299 | -991,434 | -1,391,680 | -1,631,190 | -598,517 | |||
yoy | 78.71% | -49.34% | -96.47% | -125.54% | -83.84% | 45.25% | 254.17% | 72.42% | 20.19% | 55.40% | 98.67% | 279.00% | 37.78% | -733.09% | -11.38% | -78.66% | 22.05% | -121.38% | 18.27% | 14.75% | -67.18% | -55.21% | 6.00% | -6.76% | 257.53% | 348.15% | -5.15% | 12.18% | -10.06% | -28.91% | 99.22% | 22.17% | -29.55% | -59.26% | -56.90% | -13.96% | 4.89% | -25.02% | 65.71% | -25.38% | 47.32% | 102.52% | -43.27% | 82.28% | 150.61% | 36.16% | 139.52% | 125.53% | -18.86% | -9.36% | -29.89% | -66.30% | -13.30% | -31.37% | -42.95% | 165.37% | |||||||
qoq | -27.22% | 387.37% | -144.78% | -212.50% | -79.37% | -66.02% | 223.75% | -28.81% | 85.45% | -17.14% | 57.61% | -50.37% | 139.79% | 5.93% | 200.67% | -81.96% | -1201.85% | -114.83% | -27.59% | 3.18% | 92.96% | -17.96% | -29.75% | -70.49% | 163.39% | 94.15% | -38.21% | 13.14% | 230.15% | -58.91% | -26.92% | -9.28% | 160.97% | 15.15% | -55.18% | -47.69% | 50.89% | 21.84% | -10.54% | -36.23% | 7.87% | 169.27% | -59.71% | 25.89% | 48.29% | -24.57% | 29.45% | 73.08% | -19.43% | 32.69% | 21.89% | -37.73% | -10.00% | 2.63% | -41.41% | 60.20% | -28.76% | -14.68% | 172.54% | ||||
operating margin % | -17.83% | -26.56% | -4.09% | 8.08% | -8.23% | -28.89% | -105.92% | -31.77% | -58.37% | -24.61% | -33.45% | -15.68% | -38.65% | -16.00% | -12.28% | -3.52% | -27.57% | 2.12% | -19.72% | -31.69% | -37.36% | -16.27% | -31.43% | -57.59% | -128.45% | -39.87% | -27.13% | -49.35% | -35.70% | -8.23% | -21.82% | -41.89% | -48.84% | -23.52% | -7.77% | -20.24% | -43.55% | -24.08% | -19.60% | -23.75% | -47.11% | -38.12% | -16.29% | -47.55% | -42.27% | -47.83% | -80.90% | -61.30% | -35.64% | -44.16% | -41.67% | -31.21% | -62.05% | -91.31% | -87.89% | -131.92% | -60.26% | -91.21% | -154.96% | -70.75% | NaN% | NaN% | NaN% |
other income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -372 | -1,311 | -1,654 | -1,784 | -1,654 | -2,475 | -1,654 | -1,999 | -2,001 | -1,853 | -1,654 | -3,155 | -1,564 | 1,795 | -814 | -815 | -965 | -1,230 | -1,558 | -8,739 | -13,793 | -20,470 | -16,448 | -19,476 | -6,618 | 9,281 | -27,734 | -86,737 | -128,464 | -122,307 | -90,452 | -35,403 | -21,311 | -19,544 | -15,058 | -13,272 | -17,076 | -24,683 | -25,511 | -11,411 | -21,339 | -29,507 | -31,191 | -36,393 | -18,770 | -4,788 | -5,519 | -6,051 | -9,017 | -10,969 | -14,439 | -22,530 | -15,466 | -38,037 | -33,495 | -27,523 | -16,744 | -6,179 | |||||
other income | 394,945 | 444,003 | 479,818 | 469,042 | 514,706 | 590,100 | 605,644 | 634,226 | 669,865 | 657,593 | 659,856 | 645,509 | 572,086 | 489,341 | 424,019 | 273,085 | -24,283 | 223,047 | 20,961 | 1,968,944 | 29,474 | 20,533 | 30,085 | 33,834 | -37,744 | 19,791 | 51,285 | 30,798 | 9,364 | -51,997 | 19,135 | 82 | 4,690 | 2,490 | 44,308 | -11,953 | -627 | -9,590 | -2,238 | 803 | 950 | 4,120 | 2,571 | 1,142 | 1,807 | 2,751 | 3,278 | 2,794 | 1,605 | 299 | 150 | 80 | -1,094 | 454 | 1 | ||||||||
total other income | 394,573 | 442,692 | 478,164 | 467,258 | 513,052 | -1,698,458 | 552,288 | 606,184 | 774,023 | 167,556.75 | 423,205 | 272,270 | -25,248 | 221,817 | 19,403 | 1,960,205 | 15,681 | 63 | 13,637 | 14,358 | -37,872 | 23,551 | -55,939 | -119,100 | -174,304 | -71,317 | 78,480 | -142,216 | -13,907 | 74,410 | -33,645 | -18,321 | -39,678 | -42,454 | 15,813 | -17,537 | -19,667 | -1,758,526 | 215,256 | -2,522,914 | 2,217,622 | 2,248,103 | 3,236,353 | 128,189 | 296,352 | -322,863 | -358,183 | -24,242 | -9,391 | -20,945 | -251,090 | 74,244 | 251,685 | 39,816 | -6,168 | ||||||||
net income | -777,523 | -1,167,687 | 147,745 | 1,205,068 | -142,800 | -4,623,264 | -8,768,319 | -2,194,828 | -3,265,850 | -1,526,657 | -1,982,938 | -1,033,426 | -2,806,339 | -917,133 | -906,232 | -169,890 | -2,476,243 | 444,260 | -1,480,757 | -111,686 | -1,992,438 | -1,040,604 | -1,254,800 | -1,791,142 | -6,163,461 | -2,294,119 | -1,173,035 | -1,992,386 | -1,830,580 | -692,703 | -1,332,829 | -1,647,755 | -2,045,120 | -743,076 | -558,805 | -1,446,598 | -2,719,220 | -1,829,632 | -1,511,603 | -1,626,345 | -2,592,620 | -2,406,881 | -2,645,087 | -1,985,291 | -4,270,912 | 1,038,870 | 685,370 | 2,029,135 | -569,311 | -569,390 | -975,302 | -893,470 | -883,830 | -964,489 | -951,570 | -1,839,389 | -917,190 | -1,139,995 | -1,591,374 | -604,685 | -5,806 | -28,645 | -15,610 |
yoy | 444.48% | -74.74% | -101.68% | -154.90% | -95.63% | 202.84% | 342.19% | 112.38% | 16.37% | 66.46% | 118.81% | 508.29% | 13.33% | -306.44% | -38.80% | 52.11% | 24.28% | -142.69% | 18.01% | -93.76% | -67.67% | -54.64% | 6.97% | -10.10% | 236.69% | 231.18% | -11.99% | 20.92% | -10.49% | -6.78% | 138.51% | 13.91% | -24.79% | -59.39% | -63.03% | -11.05% | 4.88% | -23.98% | -42.85% | -18.08% | -39.30% | -331.68% | -485.94% | -197.84% | 650.19% | -282.45% | -170.27% | -327.11% | -35.59% | -40.96% | 2.49% | -51.43% | -3.64% | -15.40% | -40.20% | 204.19% | 15697.28% | 3879.73% | 10094.58% | ||||
qoq | -33.41% | -890.34% | -87.74% | -943.89% | -96.91% | -47.27% | 299.50% | -32.79% | 113.92% | -23.01% | 91.88% | -63.18% | 205.99% | 1.20% | 433.42% | -93.14% | -657.39% | -130.00% | 1225.82% | -94.39% | 91.47% | -17.07% | -29.94% | -70.94% | 168.66% | 95.57% | -41.12% | 8.84% | 164.27% | -48.03% | -19.11% | -19.43% | 175.22% | 32.98% | -61.37% | -46.80% | 48.62% | 21.04% | -7.06% | -37.27% | 7.72% | -9.01% | 33.23% | -53.52% | -511.11% | 51.58% | -66.22% | -456.42% | -0.01% | -41.62% | 9.16% | 1.09% | -8.36% | 1.36% | -48.27% | 100.55% | -19.54% | -28.36% | 163.17% | 10314.83% | -79.73% | 83.50% | |
net income margin % | -11.83% | -19.26% | 1.83% | 13.19% | -1.79% | -42.02% | -99.28% | -24.14% | -46.97% | -17.17% | -25.12% | -9.67% | -32.12% | -10.42% | -8.37% | -1.35% | -27.85% | 4.23% | -19.46% | -1.71% | -37.06% | -16.27% | -31.09% | -57.13% | -129.38% | -39.37% | -26.59% | -50.78% | -38.19% | -10.99% | -23.06% | -39.98% | -52.49% | -23.97% | -6.85% | -20.72% | -43.84% | -24.61% | -20.16% | -23.52% | -47.43% | -38.43% | -48.60% | -42.90% | -103.27% | 42.16% | 35.48% | 103.04% | -29.09% | -29.04% | -62.29% | -52.09% | -63.80% | -92.21% | -89.87% | -152.77% | -55.74% | -74.71% | -151.17% | -71.48% | -Infinity% | -Infinity% | -Infinity% |
weighted-average common shares outstanding – basic and diluted | 17,310,313 | 16,927,166 | 17,067,995 | 16,956,497 | 16,437,460 | 16,333,415 | 16,368,216 | 15,463,334 | 15,520,700 | 62,447,538 | 62,199,379 | 62,273,425 | 62,206,467 | 62,065,768 | 60,407,921 | 61,883,017 | 61,386,913 | 56,334,219 | 41,289,705 | 45,772,638 | 36,108,073 | 34,681,198 | 25,516,573 | 32,421,043 | 22,277,677 | 12,575,458 | 8,541,725 | 10,365,750 | 5,837,476 | 5,802,099 | 5,674,901 | 5,702,297 | 5,676,629 | 5,598,200 | 5,380,465 | 5,420,020 | 5,350,128 | 5,300,520 | 37,135,738 | 12,400,366 | 12,996,717 | 7,226,745 | 6,811,654 | 4,736,073 | 2,265,222 | 1,276,595 | 38,653,116 | 24,511,646 | 38,378,808 | 20,976,718 | |||||||||||||
basic and diluted loss per common share | -0.04 | -0.01 | -0.26 | -0.52 | -0.13 | -0.2 | -0.07 | -0.13 | -0.07 | -0.04 | -0.04 | 0.01 | -0.02 | -0.04 | -0.01 | -0.03 | -0.05 | -0.18 | -0.07 | -0.04 | -0.09 | -0.15 | 0.01 | -0.13 | -0.28 | -0.35 | -0.13 | -0.1 | -0.25 | -0.49 | -0.34 | -0.28 | -0.3 | -0.49 | |||||||||||||||||||||||||||||
impairment of goodwill | 1,004,180.5 | 4,016,722 | 1,075,000 | 4,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in the fair value of digital assets | -51,702 | -26,043 | 106,159 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income before income taxes | -1,167,687 | 147,745 | 1,205,068 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit | 253,947 | 33,621 | 88,296 | 18,782 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – basic | 17,261,755 | 17,074,681 | 16,947,527 | 3,737,897 | 81,512,092 | 57,714,424 | 57,697,666 | 52,327,088 | 57,350,743 | 57,045,282 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
basic income per common share | 0.018 | 0.01 | 0.07 | -2.89 | -0.03 | -0.03 | 0.02 | 0.01 | 0.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding - diluted | 18,302,209 | 18,377,063 | 17,817,378 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted income per common share | 0.018 | 0.01 | 0.07 | -2.89 | -0.03 | -0.03 | 0.02 | 0.01 | 0.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss before income taxes | -142,800 | -4,877,211 | -8,801,940 | -2,283,124 | -3,284,632 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on securities held | 216,148.75 | 597,113 | 267,482 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other comprehensive income | 216,148.75 | 597,113 | 267,482 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | -1,104,240 | -1,503,345 | -437,372 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net loss per common share | -0.015 | -0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other expense | -44,362 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of derivatives | 113,801 | -125,595 | 3,147 | 45,160 | -8,420 | -618 | -5,405 | -14,705 | 26,421 | 2,852 | 5,720 | 115,904 | 250,507 | -2,505,951 | -8,124 | 90,987 | |||||||||||||||||||||||||||||||||||||||||||||||
cost of sales | 2,599,082 | 3,758,621 | 3,442,181 | 3,195,526 | 3,795,209 | 3,927,279 | 3,418,387 | 3,101,369 | 3,587,608 | 3,290,457 | 2,917,360 | 2,441,491 | 847,427 | 692,217 | 656,656 | 649,533 | 852,234 | 499,127 | 770,901 | 576,102 | 556,589 | 434,019 | 500,490 | 659,281 | 645,108 | 483,729 | 381,199 | ||||||||||||||||||||||||||||||||||||
gross profit | 2,735,268.25 | 4,396,053 | 3,538,040 | 3,006,980 | 3,638,782 | 3,569,693 | 3,495,302 | 2,364,581 | 2,674,625 | 2,152,000 | 1,710,382 | 1,694,003 | 1,616,901 | 1,239,454 | 1,312,579 | 1,307,507 | 1,108,310 | 1,066,724 | 944,372 | 809,173 | 489,429 | 624,817 | 703,528 | 986,086 | 880,773 | 568,946 | 464,702 | ||||||||||||||||||||||||||||||||||||
yoy | -24.83% | 23.15% | 1.22% | 27.17% | 36.05% | 65.88% | 104.36% | 39.59% | 65.42% | 73.62% | 30.31% | 29.56% | 45.89% | 16.19% | 38.99% | 61.59% | 126.45% | 70.73% | 34.23% | -17.94% | -44.43% | 9.82% | 51.39% | ||||||||||||||||||||||||||||||||||||||||
qoq | -37.78% | 24.25% | 17.66% | -17.36% | 1.94% | 2.13% | 47.82% | -11.59% | 24.29% | 25.82% | 0.97% | 4.77% | 30.45% | -5.57% | 0.39% | 17.97% | 3.90% | 12.96% | 16.71% | 65.33% | -21.67% | -11.19% | -28.65% | 11.96% | 54.81% | 22.43% | |||||||||||||||||||||||||||||||||||||
gross margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 88.23% | 53.91% | 50.69% | 48.48% | 48.95% | 47.62% | 50.56% | 43.26% | 42.71% | 39.54% | 36.96% | 40.96% | 65.61% | 64.16% | 66.65% | 66.81% | 56.53% | 68.12% | 55.06% | 58.41% | 46.79% | 59.01% | 58.43% | 59.93% | 57.72% | 54.05% | 54.94% | NaN% | NaN% | NaN% |
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 3,922,035 | 5,029,268 | 4,950,993 | 5,707,879 | 5,428,736 | 5,038,842 | 5,137,460 | 4,939,664 | 5,061,839 | 3,038,561 | 3,910,929 | 3,442,001 | 2,795,653 | 2,802,187 | 2,519,797 | 2,005,007 | 1,974,052 | 1,719,163 | 1,479,659 | 1,668,761 | 1,444,527 | 1,555,442 | 2,291,827 | 1,977,520 | 2,272,453 | 2,200,136 | 1,063,219 | 5,806 | 28,645 | 15,610 | |||||||||||||||||||||||||||||||||
loss on exchange of warrants | -1,845,810 | -732 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – diluted | 3,737,897 | 81,512,092 | 57,714,424 | 57,697,666 | 63,400,080 | 69,428,993 | 72,962,524 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic loss per common share | -0.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted loss per common share | -0.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on exchange of warrants and debt | -93,482 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of derivatives and notes payable carried at fair value | 2,219,659 | 2,250,344 | 3,239,610 | 135,601 | 307,022 | -215,092 | -335,653 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss per common share – basic and diluted | -0.02 | 0.03 | -0.08 | -0.12 | -0.13 | 0.65 | -0.42 | -1.44 | -0.02 | -0.02 | -0.04 | -0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||
loss on exchange and change in fair value of derivatives | -30,121 | 12,550 | -224,021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | -4,265 | -3,964 | 11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of warrant liability | 258,913 | 43,780 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue earned during the development stage | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation | 2,075 | 4,100 | 2,600 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative expenses | 2,456 | 1,945 | 135 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
professional fees | 1,275 | 22,600 | 12,875 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -5,806 | -28,645 | -15,610 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss per common share - basic and diluted | -0.01 | -0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares - | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 2,818,000 | 2,659,636 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares - basic and diluted | 2,570,679 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 46,502,356 | 50,886,850 | 51,390,884 | 50,643,015 | 50,612,348 | 44,644,468 | 45,958,100 | 44,301,866 | 39,035,332 | 37,446,728 | 35,196,198 | 31,223,220 | 26,156,210 | 24,600,960 | 20,026,477 | 11,347,070 | 72,558,846 | 75,433,295 | 74,451,857 | 74,989,876 | 65,465,588 | 33,045,225 | 30,617,921 | 20,820,273 | 5,634,441 | 5,884,629 | 6,808,553 | 9,325,192 | 2,315,186 | 1,968,403 | 3,864,676 | 1,878,159 | 2,760,285 | 3,906,797 | 3,447,998 | 3,563,540 | 4,355,072 | 5,949,004 | 6,598,901 | 8,015,684 | 10,064,454 | 11,608,452 | 13,273,048 | 2,525,809 | 3,960,219 | 6,521,930 | 7,879,918 | 9,753,049 | 11,249,931 | 530,052 | 1,663,688 | 69,862 | 130,252 | 657,946 | 1,304,012 | 190,225 | 123,668 | 225,277 | 1,095,103 | 2,091,988 |
accounts receivable | 5,853,585 | 3,398,479 | 3,389,511 | 6,177,880 | 4,269,114 | 7,781,824 | 6,488,379 | 5,617,269 | 4,798,692 | 5,012,373 | 6,684,958 | 6,317,873 | 5,922,467 | 5,664,727 | 8,643,509 | 7,578,983 | 7,259,891 | 7,599,103 | 7,093,028 | 6,132,949 | 4,071,940 | 5,207,205 | 3,981,132 | 3,053,135 | 3,977,571 | 5,596,719 | 4,497,659 | 4,185,416 | 6,066,161 | 7,071,815 | 6,811,029 | 2,821,401 | 3,288,576 | 3,647,025 | 5,253,423 | 4,124,332 | 4,454,657 | 3,745,695 | 4,572,721 | 4,668,264 | 2,976,322 | 3,917,925 | 3,048,299 | 3,305,225 | 2,525,961 | 2,156,378 | 1,475,834 | 1,342,510 | 929,754 | 1,659,802 | 1,163,664 | 970,303 | 600,780 | 426,818 | 692,694 | 614,695 | 536,272 | 690,575 | 883,004 | 389,134 |
prepaid expenses | 622,896 | 830,509 | 754,473 | 545,794 | 697,635 | 1,079,045 | 1,640,517 | 1,046,154 | 989,737 | 739,988 | 1,084,289 | 1,496,599 | 2,918,684 | 3,927,453 | 2,852,583 | 2,879,569 | 4,067,328 | 2,257,382 | 1,646,895 | 1,006,643 | 380,407 | 199,294 | 385,128 | 368,697 | 423,419 | 400,181 | 622,956 | 593,778 | 367,181 | 527,968 | 573,611 | 626,246 | 672,273 | 389,104 | 414,619 | 242,535 | 298,402 | 322,377 | 287,604 | 430,978 | 530,485 | 193,455 | 745,426 | 530,239 | 305,341 | 190,604 | 485,176 | 197,067 | 97,469 | 109,960 | 127,508 | 119,068 | 127,758 | 162,565 | 147,627 | 312,706 | 35,458 | 165,736 | ||
other current assets | 125,321 | 9,002 | 9,701 | 22,370 | 10,511 | 97,215 | 212,526 | 43,451 | 20,496 | 26,257 | 62,396 | 29,581 | 22,050 | 66,441 | 57,327 | 17,976 | 19,183 | 100,522 | 40,853 | 62,694 | 48,340 | 74,467 | 140,291 | 130,656 | 37,097 | 153,031 | 56,191 | 130,614 | 27,396 | 39,203 | 84,359 | 40,456 | 39,286 | 9,140 | 27,606 | 28,715 | 10,598 | 11,940 | 14,540 | 1,068 | 40,028 | 16,853 | 13,317 | 21,412 | 12,056 | 61,424 | 150,892 | 70,340 | 74,670 | 78,269 | 23,099 | 74,789 | 8,703 | 11,627 | 11,627 | 28,960 | 50,301 | 38,897 | ||
total current assets | 53,104,158 | 55,124,840 | 55,544,569 | 57,389,059 | 57,161,841 | 60,030,040 | 62,718,774 | 62,295,193 | 61,878,930 | 60,351,403 | 57,870,261 | 53,151,514 | 52,437,598 | 50,366,339 | 53,459,201 | 54,893,292 | 83,905,248 | 85,390,302 | 83,232,633 | 82,192,162 | 69,966,275 | 38,526,191 | 35,124,472 | 24,372,761 | 10,072,528 | 12,034,560 | 11,985,359 | 14,235,000 | 8,775,924 | 9,607,389 | 11,333,675 | 5,366,262 | 6,760,420 | 7,952,066 | 9,143,646 | 7,959,122 | 9,118,729 | 10,029,016 | 11,473,766 | 13,115,994 | 13,611,289 | 15,736,685 | 17,080,090 | 6,382,685 | 6,803,577 | 8,930,336 | 9,991,820 | 11,362,966 | 12,358,699 | 2,383,300 | 2,991,001 | 1,536,640 | 896,186 | 1,260,833 | 2,165,059 | 1,163,352 | 763,606 | 1,120,485 | 2,720,779 | 3,740,756 |
property and equipment | 6,209 | 17,131 | 37,414 | 58,890 | 80,619 | 103,574 | 136,923 | 155,835 | 178,446 | 205,377 | 216,272 | 234,517 | 258,151 | 156,774 | 76,182 | 92,067 | 151,402 | 155,185 | 157,769 | 193,786 | 219,563 | 230,918 | 260,994 | 282,082 | 317,154 | 309,780 | 232,432 | 176,468 | 236,145 | 272,239 | 309,374 | 315,987 | 369,345 | 286,043 | 310,277 | 359,485 | 408,963 | 460,650 | 532,356 | 570,836 | 582,173 | 596,008 | 595,549 | 592,873 | 597,332 | 588,919 | 275,920 | 243,346 | 189,517 | 156,482 | 147,813 | 98,596 | 101,178 | 113,757 | 124,103 | 136,844 | 140,135 | 152,434 | 164,733 | 122,091 |
software development costs, net of accumulated amortization | 2,426,122 | 2,335,745 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | 55,536,489 | 57,477,716 | 57,874,480 | 59,630,190 | 59,341,031 | 62,220,274 | 68,135,888 | 72,739,351 | 76,027,387 | 79,425,466 | 76,783,079 | 79,023,106 | 82,264,372 | 85,674,890 | 83,994,430 | 86,013,834 | 89,236,789 | 90,795,072 | 88,534,217 | 87,717,144 | 75,847,757 | 44,752,071 | 41,651,355 | 31,132,403 | 17,274,448 | 23,944,361 | 24,730,122 | 27,360,889 | 22,336,942 | 22,918,077 | 24,820,862 | 10,965,282 | 12,428,586 | 13,627,303 | 15,135,791 | 14,324,644 | 15,819,526 | 17,022,617 | 18,673,613 | 18,607,930 | 19,245,242 | 21,539,051 | 22,651,631 | 12,492,714 | 13,072,910 | 10,103,440 | 10,799,444 | 12,180,172 | 13,167,907 | 2,948,702 | 3,396,143 | 1,649,414 | 1,016,042 | 1,401,638 | 2,383,260 | 1,404,754 | 1,022,410 | 1,402,048 | 2,928,533 | 3,873,085 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 758,442 | 779,434 | 1,350,287 | 957,100 | 892,636 | 1,511,747 | 1,276,088 | 1,306,266 | 1,156,495 | 1,504,348 | 1,461,732 | 2,117,072 | 2,468,032 | 1,968,322 | 1,792,445 | 1,801,973 | 1,858,215 | 2,086,892 | 1,372,546 | 1,624,725 | 1,675,520 | 1,880,144 | 1,333,281 | 1,022,960 | 1,130,791 | 2,252,536 | 1,691,475 | 1,738,596 | 2,249,003 | 2,618,103 | 2,831,696 | 1,527,539 | 1,260,531 | 1,756,841 | 1,680,422 | 1,474,962 | 1,578,416 | 1,438,389 | 1,258,981 | 1,239,128 | 1,055,800 | 995,275 | 940,993 | 1,063,370 | 836,823 | 310,611 | 642,671 | 719,128 | 807,508 | 817,057 | 741,517 | 1,301,290 | 1,390,916 | 1,163,307 | 1,051,400 | 1,373,770 | 1,146,290 | 1,080,015 | 886,127 | 671,952 |
accrued expenses | 1,413,805 | 3,050,995 | 2,518,669 | 2,631,553 | 3,081,263 | 3,734,123 | 4,074,480 | 3,161,829 | 2,935,278 | 3,083,460 | 2,070,747 | 2,200,731 | 2,008,160 | 2,130,702 | 2,045,355 | 2,421,462 | 2,087,281 | 2,502,882 | 2,419,917 | 2,097,474 | 1,680,722 | 1,924,973 | 1,267,553 | 1,287,652 | 1,604,588 | 1,377,556 | 1,438,834 | 1,470,364 | 2,556,717 | 1,968,589 | 2,146,862 | 1,112,108 | 1,711,105 | 1,592,356 | 1,888,985 | 1,558,386 | 1,854,120 | 1,242,889 | 1,164,139 | 1,224,343 | 1,118,667 | 908,519 | 1,151,468 | 577,385 | 481,355 | 394,617 | 452,030 | 457,506 | 342,334 | 365,454 | 472,025 | 437,093 | 248,777 | 187,868 | 104,184 | |||||
contract liabilities | 4,892,795 | 4,729,767 | 4,129,798 | 6,661,453 | 7,095,245 | 8,188,651 | 9,119,560 | 7,176,694 | 8,833,084 | 8,891,205 | 8,704,332 | 8,257,166 | 9,854,780 | 11,247,746 | 9,236,220 | 9,531,237 | 12,772,552 | 11,338,095 | 10,660,068 | 8,654,765 | 7,222,120 | 7,180,264 | 7,028,687 | 5,841,264 | 5,597,479 | 6,466,766 | 5,440,367 | 5,834,277 | 5,464,843 | 4,957,869 | 5,631,096 | 4,434,627 | 4,014,829 | |||||||||||||||||||||||||||
total current liabilities | 7,065,042 | 8,560,196 | 7,998,754 | 10,250,106 | 11,069,144 | 13,434,521 | 14,511,140 | 11,644,789 | 13,039,257 | 13,593,413 | 12,236,811 | 12,574,969 | 14,330,972 | 15,346,770 | 13,103,240 | 13,785,740 | 16,750,033 | 15,927,869 | 14,452,531 | 12,376,964 | 12,376,338 | 12,462,520 | 10,786,624 | 8,989,741 | 9,495,782 | 10,180,665 | 8,782,495 | 13,427,309 | 15,726,179 | 15,699,762 | 16,908,191 | 8,346,818 | 8,295,080 | 7,706,531 | 8,792,120 | 7,204,302 | 7,599,124 | 7,284,016 | 7,295,883 | 7,163,402 | 6,481,647 | 6,355,205 | 5,310,957 | 5,430,473 | 4,043,163 | 2,526,678 | 2,290,774 | 2,335,763 | 2,259,492 | 2,518,591 | 2,514,587 | 4,351,655 | 2,949,709 | 2,595,770 | 3,181,002 | 3,465,622 | 3,083,978 | 2,473,147 | 2,610,844 | 2,198,027 |
total liabilities | 7,065,042 | 8,560,196 | 7,998,754 | 10,250,106 | 11,069,144 | 13,438,555 | 14,846,998 | 11,965,518 | 13,525,540 | 14,112,078 | 12,315,077 | 12,668,081 | 14,438,931 | 15,408,943 | 13,103,240 | 13,785,740 | 16,750,033 | 15,969,937 | 14,518,293 | 12,443,511 | 12,549,530 | 12,965,711 | 11,630,320 | 10,152,072 | 9,561,391 | 10,226,338 | 15,699,762 | 16,951,246 | 8,697,968 | 8,732,747 | 8,333,718 | 9,299,025 | 8,142,606 | 8,404,542 | 8,034,754 | 8,050,276 | 7,243,037 | 6,569,389 | 7,352,010 | 6,406,709 | 14,076,283 | 12,929,152 | 5,843,965 | 7,804,186 | 13,279,098 | 16,442,843 | 4,399,728 | 4,684,748 | 4,354,185 | 2,965,175 | 2,715,087 | 3,239,158 | 3,490,068 | 3,755,526 | 3,253,483 | 3,653,989 | 2,201,977 | |||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock; 0.0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 0.0001 par value... | 1,825 | 1,815 | 1,793 | 1,780 | 1,766 | 1,752 | 1,731 | 1,677 | 1,667 | 1,660 | 1,580 | 1,574 | 6,260 | 6,241 | 6,227 | 6,190 | 6,181 | 5,912 | ||||||||||||||||||||||||||||||||||||||||||
treasury stock | -2,344,698 | -2,344,698 | -2,344,698 | -2,344,698 | -2,065,873 | -1,622,065 | -1,077,568 | -1,019,997 | -1,019,997 | -1,019,997 | -1,019,997 | -705,403 | ||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 155,904,372 | 155,568,812 | 155,355,938 | 155,009,102 | 154,793,924 | 154,593,800 | 154,159,944 | 152,809,711 | 152,419,065 | 152,027,110 | 149,925,505 | 149,646,200 | 149,383,201 | 149,143,567 | 148,935,491 | 148,769,056 | 148,590,356 | 148,452,498 | 148,229,391 | 148,006,352 | 135,919,529 | 102,416,131 | 99,610,374 | 89,315,525 | 74,257,810 | 74,099,328 | 74,034,826 | 70,848,486 | 61,534,711 | 60,311,756 | 60,270,355 | 53,335,845 | 53,116,619 | 52,570,432 | 52,370,539 | 52,157,008 | 51,943,358 | 50,797,039 | 50,602,881 | 49,832,843 | 49,517,460 | 48,436,040 | 48,077,162 | 27,608,199 | 27,350,250 | 27,195,055 | 26,969,728 | 23,560,959 | 23,414,094 | 24,672,132 | 24,265,185 | 21,875,223 | 21,737,405 | 21,489,354 | 20,982,623 | 18,801,888 | 16,310,991 | 16,275,484 | 16,261,469 | 17,080,516 |
accumulated deficit | -105,032,252 | -104,254,729 | -103,087,042 | -103,234,787 | -104,439,855 | -104,297,055 | -99,673,791 | -90,905,472 | -88,710,644 | -85,444,794 | -83,925,769 | -81,942,831 | -80,909,405 | -78,103,066 | -77,185,933 | -76,279,701 | -76,109,811 | -73,633,568 | -74,219,657 | -72,738,900 | -72,627,214 | -70,634,776 | -69,594,172 | -68,339,372 | -66,548,230 | -60,384,769 | -58,090,650 | -56,917,615 | -54,925,229 | -53,094,649 | -52,401,946 | -51,069,117 | -49,421,362 | -47,277,420 | -46,534,344 | -45,975,539 | -44,528,941 | -41,809,721 | -39,980,089 | -38,468,486 | -36,842,141 | -34,249,521 | -31,842,640 | -29,197,553 | -27,212,262 | -22,941,350 | -23,980,220 | -24,665,590 | -26,694,725 | -26,125,414 | -25,556,024 | -24,580,722 | -23,687,252 | -22,803,422 | -21,838,933 | -20,887,363 | -19,047,974 | -18,130,784 | -16,990,789 | -15,413,206 |
accumulated other comprehensive loss | -57,800 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 48,471,447 | 48,917,520 | 49,875,726 | 49,380,084 | 48,271,887 | 48,781,719 | 53,288,890 | 60,773,833 | 62,501,847 | 65,313,388 | 64,468,002 | 66,355,025 | 67,825,441 | 70,265,947 | 70,891,190 | 72,228,094 | 72,486,756 | 74,825,135 | 74,015,924 | 75,273,633 | 63,298,227 | 31,786,360 | 30,021,035 | 20,980,331 | 7,713,057 | 13,718,023 | 15,947,627 | 13,933,580 | 6,610,763 | 7,218,315 | 7,869,616 | 2,267,314 | 3,695,839 | 5,293,585 | 5,836,766 | 6,182,038 | 7,414,984 | 8,987,863 | 10,623,337 | 11,364,893 | 12,675,853 | 14,187,041 | 16,244,922 | -1,583,569 | 143,758 | 4,259,475 | 2,995,258 | 1,671,108 | ||||||||||||
total liabilities and stockholders’ equity | 55,536,489 | 57,477,716 | 57,874,480 | 59,630,190 | 59,341,031 | 62,220,274 | 68,135,888 | 72,739,351 | 76,027,387 | 79,425,466 | 76,783,079 | 79,023,106 | 82,264,372 | 85,674,890 | 83,994,430 | 86,013,834 | 89,236,789 | 90,795,072 | 88,534,217 | 87,717,144 | 75,847,757 | 44,752,071 | 41,651,355 | 31,132,403 | 17,274,448 | 23,944,361 | 24,730,122 | 27,360,889 | 22,336,942 | 22,918,077 | 24,820,862 | 10,965,282 | 12,428,586 | 13,627,303 | 15,135,791 | 14,324,644 | 15,819,526 | 17,022,617 | 18,673,613 | 18,607,930 | 19,245,242 | 21,539,051 | 22,651,631 | 12,492,714 | 13,072,910 | 10,103,440 | 10,799,444 | 3,873,085 | ||||||||||||
short term investments | 1,572,233 | 6,427,488 | 8,419,252 | 11,286,453 | 17,034,673 | 17,126,057 | 14,842,420 | 14,084,241 | 17,418,187 | 16,106,758 | 21,879,305 | 33,069,694 | ||||||||||||||||||||||||||||||||||||||||||||||||
finance obligation, less current portion | 4,034 | 18,881 | 33,727 | 48,573 | 63,419 | 78,266 | 93,112 | 107,959 | 62,173 | 10,420 | 34,292 | 34,292 | 34,292 | 43,808 | 65,604 | 65,609 | 65,609 | 45,673 | ||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -53,680 | -50,265 | -51,313 | -18,075 | 105,287 | -121,426 | -112,086 | -188,244 | -250,591 | -513,317 | -644,515 | -654,615 | -780,795 | -864,595 | -267,482 | |||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated depreciation | 2,292,497 | 2,182,241 | 2,098,571 | 2,086,660 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 1,263,337 | 5,281,888 | 5,285,293 | 5,280,372 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 4,016,722 | 8,316,722 | 8,316,722 | 8,316,722 | 8,316,722 | 8,316,722 | 8,316,722 | 3,604,720 | 3,604,720 | 3,604,720 | 3,604,720 | 3,604,720 | 3,604,720 | 3,604,720 | 3,604,720 | 2,468,289 | 2,468,289 | 2,468,289 | 2,468,289 | 2,843,989 | 2,826,540 | |||||||||||||||||||||
intangible assets, net of accumulated depreciation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
digital assets | 243,020 | 269,064 | 162,905 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long term investments | 897,027 | 4,708,910 | 9,618,996 | 12,670,494 | 19,754,238 | 23,883,523 | 29,296,069 | 25,106,327 | 25,854,040 | |||||||||||||||||||||||||||||||||||||||||||||||||||
contingent liability | 41,012 | 114,400 | 114,400 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred purchase price, less current portion | 51,015 | 60,600 | 60,600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax liability | 265,962 | 287,002 | 377,110 | 394,646 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets | 1,654,958 | 1,624,951 | 1,704,437 | 1,749,441 | 64,953 | 64,953 | 64,953 | 64,953 | 71,455 | 72,536 | 150,287 | 213,263 | 72,222 | 288,889 | 505,556 | 768,879 | 1,006,536 | 1,246,526 | 1,611,516 | 2,206,506 | 2,504,135 | 2,827,042 | 3,149,949 | 3,472,855 | 451,873 | 532,114 | 667,909 | 914,816 | 1,162,723 | 1,412,630 | 1,662,536 | 108,091 | 21,983 | |||||||||||||||||||||||||||
software development costs | 2,361,896 | 2,241,437 | 2,002,307 | 2,056,972 | 1,944,377 | 1,801,162 | 1,603,425 | 1,774,033 | 1,264,543 | 1,085,177 | 1,013,130 | 1,019,600 | 1,127,093 | 1,242,252 | 1,356,308 | 1,472,684 | 1,480,288 | 1,413,920 | 1,470,334 | 1,519,980 | 1,653,801 | 1,716,130 | 1,700,551 | 1,428,604 | 1,233,988 | 1,078,337 | 1,013,657 | 967,927 | 1,004,905 | 1,081,795 | 1,132,502 | 1,103,959 | 568,875 | 362,346 | 244,878 | 98,847 | ||||||||||||||||||||||||
notes payable, less current portion | 31,648 | 31,470 | 32,255 | 138,900 | 459,383 | 778,092 | 1,096,722 | 106,355 | 31,746 | |||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of notes payable | 29,220 | 31,068 | 31,985 | 1,797,976 | 1,477,139 | 1,157,103 | 837,865 | 245,000 | 268,890 | 75,000 | 596,564 | 572,426 | 494,720 | 112,614 | 186,807 | |||||||||||||||||||||||||||||||||||||||||||||
preferred stock; .0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock; .0001 par value... | 6,221 | 6,211 | 6,205 | 5,005 | 4,833 | 4,178 | 3,477 | 3,464 | 3,451 | 2,709 | ||||||||||||||||||||||||||||||||||||||||||||||||||
security deposits | 40,382 | 151,184 | 151,803 | 142,335 | 140,281 | 140,188 | 143,174 | 154,248 | 148,103 | 148,330 | 148,638 | 157,427 | 156,799 | 141,982 | 161,736 | 160,583 | 149,846 | 116,149 | 117,946 | 119,671 | 123,594 | 119,194 | 100,641 | 57,641 | 52,391 | 50,816 | 46,574 | 7,951 | 5,178 | 5,178 | 9,048 | 17,388 | 17,388 | 21,038 | 21,038 | 21,038 | 8,340 | |||||||||||||||||||||||
lease liability | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use liability | 83,807 | 166,819 | 246,725 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
line of credit | 1,162,924 | 279,945 | 1,336,247 | 1,526,288 | 1,733,420 | 845,365 | 731,179 | 500,550 | 810,376 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred rent | 6,883 | 2,994 | 106,531 | 74,687 | 71,587 | 56,715 | 14,179 | 2,330 | 1,645 | 3,975 | 10,830 | 3,950 | ||||||||||||||||||||||||||||||||||||||||||||||||
acquisition costs payable | 45,000 | 3,857,402 | 3,794,605 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use asset | 192,967 | 272,153 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right of use asset | 340,370 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right of use liability | 324,764 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, .0001 par value... | 1,281 | 1,208 | 1,207 | 586 | 582 | 573 | 571 | 569 | 567 | 545 | 545 | 536 | 534 | 522 | 10,400 | 5,785 | 5,770 | 5,770 | 5,750 | 5,705 | 5,695 | 2,256 | 2,234 | 728 | 714 | 619 | 412 | 161 | 3,867 | 3,865 | 3,864 | 3,798 | ||||||||||||||||||||||||||||
current portion of deferred rent | 17,420 | 29,187 | 40,307 | 47,072 | 45,127 | 41,886 | 38,704 | 36,938 | 34,290 | 43,305 | 32,340 | 28,451 | 14,662 | 10,772 | ||||||||||||||||||||||||||||||||||||||||||||||
current portion of acquisition costs payable | 4,611,493 | 4,535,930 | 386,872 | 530,364 | 741,155 | 619,834 | 266,173 | 364,171 | 1,252,885 | 1,082,964 | 911,904 | 900,492 | 844,931 | 833,227 | 1,070,471 | 1,055,489 | ||||||||||||||||||||||||||||||||||||||||||||
deferred rent, less current portion | 4,355 | 17,419 | 29,187 | 40,307 | 51,427 | 62,547 | 71,074 | 78,304 | 85,534 | 102,665 | 107,303 | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisition costs payable, less current portion | 43,055 | 351,150 | 433,312 | 609,768 | 477,718 | 897,997 | 753,991 | 688,191 | 683,219 | 889,080 | 977,669 | 3,076,257 | 3,062,588 | |||||||||||||||||||||||||||||||||||||||||||||||
unearned revenue | 3,070,502 | 3,750,617 | 3,866,077 | 3,765,479 | 3,315,563 | 3,746,494 | 3,755,687 | 3,378,237 | 3,584,527 | 2,358,895 | 2,680,566 | 1,619,427 | 1,767,074 | 1,136,072 | 1,102,015 | 1,049,867 | 1,292,228 | 1,260,919 | 1,185,254 | 1,022,602 | 1,140,140 | 1,235,401 | 1,139,355 | 1,086,757 | 1,132,794 | 1,471,852 | 1,228,956 | |||||||||||||||||||||||||||||||||
current portion of capital lease obligations | 7,291 | 15,602 | 31,798 | 47,075 | 54,376 | 60,001 | 57,114 | 59,783 | 43,852 | 40,126 | 19,463 | 18,524 | 17,638 | 16,795 | 15,992 | 20,643 | 25,070 | |||||||||||||||||||||||||||||||||||||||||||
warrant liability | 100 | 1,331 | 2,208 | 5,060 | 10,780 | 5,458,909 | 5,709,416 | 3,203,465 | 5,423,124 | 10,839,950 | 14,079,560 | 1,832,945 | 2,139,967 | 2,530 | 10,230 | 2,750 | 43,205 | 4,983 | 647,789 | 752,486 | 1,011,399 | |||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 1,346,026 and 730,278 | 1,912,443 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization of 336,491 and 207,514 | 989,745 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 1,116,092 and 730,278 | 1,420,377 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization of 291,942 and 207,514 | 882,588 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 926,101 and 730,278 | 1,610,368 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization of 247,393 and 207,514 | 856,974 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 730,278 and 0 | 1,806,191 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization of 207,514 and 85,331 | 813,932 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital lease obligations, less current portion | 7,291 | 15,601 | 31,798 | 47,076 | 34,013 | 30,194 | 5,236 | 10,212 | 14,951 | 19,463 | 23,759 | 27,850 | ||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 395,333 and 0 | 1,974,667 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization of 171,185 and 85,331 | 413,365 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 247,083 and 0 | 2,122,917 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization of 142,219 and 85,331 | 426,656 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 98,833 and 0 | 2,271,167 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization of 113,775 and 85,331 | 455,100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization of 85,331 and 0 | 483,544 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization of 94,812 and 0 | 474,063 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock; .0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization of 47,406 and 0 | 521,469 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ deficit: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -1,098,926 | -3,274,936 | -1,451,026 | -1,288,605 | -2,704,771 | -1,949,133 | -1,313,449 | -855,898 | -2,085,314 | -2,733,116 | -1,851,435 | -725,456 | ||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ deficit | 12,180,172 | 13,167,907 | 2,948,702 | 3,396,143 | 1,649,414 | 1,016,042 | 1,401,638 | 2,383,260 | 1,404,754 | 1,022,410 | 1,402,048 | 2,928,533 | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs, net of accumulated amortization of 31,926 and 53,884 | 6,875 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs, net of accumulated amortization of 53,884 and 25,923 | 5,217 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 77,276 and 59,276 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compound embedded derivative | 11,817 | 84,765 | 124,022 | 25,861 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of convertible notes payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible notes payable, less current portion | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid equity financing costs | 182,903 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs, net of accumulated amortization of 46,059 and 25,923 | 13,042 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 72,776 and 59,276 | 4,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs, net of accumulated amortization of 38,233 and 25,923 | 20,868 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 68,276 and 59,276 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable carried at fair value | 1,163,555 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs, net of accumulated amortization of 30,408 and 25,923 | 28,693 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 63,776 and 59,276 | 13,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs, net of accumulated amortization of 25,923 | 1,877 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 59,276 and 17,434 | 18,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs, net of accumulated amortization of 18,701 | 9,099 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 48,815 and 17,434 | 76,710 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued payroll | 193,747 | 238,412 | 305,732 | 224,438 | 140,251 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs, net of accumulated amortization of 11,034 | 16,766 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 38,355 and 17,434 | 87,170 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred finance costs, net of accumulated amortization of 3,893 | 17,907 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 27,894 and 17,434 | 97,631 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a-1 convertible preferred stock; .0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a-2 convertible preferred stock; .0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a common stock; .0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b nonvoting common stock; .0001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 742,672 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables | 1,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | 1,258,634 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan costs, net of accumulated amortization of 6,957 and 5,060 | 1,898 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
related party payable | 6,128 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss | -777,523 | -142,800 | -4,623,264 | -8,768,319 | -2,194,828 | -3,265,850 | -906,232 | -169,890 | -2,476,243 | 444,260 | -1,480,757 | -111,686 | -1,992,438 | -1,040,604 | -1,254,800 | -1,791,142 | -6,163,461 | -2,294,119 | -1,173,035 | -1,992,386 | -1,830,580 | -692,703 | -1,332,829 | -1,647,755 | -2,045,120 | -743,076 | -558,805 | -1,446,598 | -2,719,220 | -1,829,632 | -1,511,603 | -1,626,345 | -2,592,620 | -4,270,912 | -569,311 | -569,390 | -975,302 | -893,470 | -883,830 | -964,489 | -951,570 | -1,839,389 | -917,190 | -1,139,995 | -1,577,583 | ||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 10,922 | 20,283 | 21,476 | 21,729 | 22,955 | 25,202 | 26,821 | 26,701 | 26,557 | 26,879 | 26,583 | 27,160 | 18,786 | 65,106 | 64,637 | 60,595 | 56,797 | 53,337 | 49,517 | 47,019 | 44,140 | 24,903 | 22,913 | 17,867 | |||||||||||||||||||||||||||||||||||
amortization | 138,325 | 155,769 | 129,264 | 127,513 | 137,397 | 464,176 | 213,028 | 199,047 | 177,629 | 112,018 | 90,961 | 83,272 | 327,476 | ||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation | 402,166 | 407,099 | 445,643 | 355,714 | 285,132 | 416,181 | 1,579,236 | 394,931 | 354,189 | 308,017 | 239,353 | 207,875 | 195,524 | 182,759 | 154,115 | 156,706 | 117,192 | 245,520 | 229,039 | 206,194 | 197,986 | 121,147 | 108,568 | 118,707 | 129,571 | 136,580 | 179,866 | 166,991 | 151,214 | 112,651 | 118,410 | 203,351 | 146,281 | 125,785 | 182,796 | 167,870 | 158,976 | 171,948 | 170,818 | 200,354 | 204,972 | 194,264 | 188,458 | 180,413 | 142,331 | 149,261 | 142,252 | 131,412 | 115,338 | 366,003 | 190,877 | 128,914 | 39,460 | 30,732 | 31,894 | 84,574 | 34,410 | 110,415 | |
value of stock issued for payment of services | 90,010 | 75,003 | 75,009 | 75,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -2,455,106 | -8,968 | 2,788,369 | -1,908,766 | 3,512,710 | -2,037,697 | -710,246 | -818,577 | 213,681 | 2,091,921 | -417,085 | -395,406 | -257,740 | 2,978,782 | -1,064,527 | -319,092 | 339,213 | -517,325 | -960,079 | -2,061,009 | 1,135,265 | -1,272,268 | -929,063 | 850,426 | 1,585,843 | -1,134,509 | -312,244 | 1,880,745 | 1,035,594 | -354,164 | -751,880 | 467,175 | 358,449 | 1,610,923 | -1,134,091 | 298,831 | -717,295 | 819,026 | 382,727 | -1,745,942 | 890,603 | -997,161 | 220,926 | -867,024 | 34,698 | -680,544 | -133,324 | -412,756 | 730,048 | -498,509 | -217,379 | -369,523 | -173,962 | 248,253 | -77,999 | -78,423 | 154,303 | 182,429 | -493,870 |
prepaid expenses and other current assets | 91,294 | -75,339 | -196,009 | 139,983 | 468,112 | 663,040 | -604,336 | -79,372 | -243,987 | 396,189 | 379,495 | 1,414,555 | 1,053,159 | -1,083,984 | -12,367 | 1,188,968 | -1,728,607 | -676,811 | -618,411 | -640,590 | -154,986 | 251,658 | -26,066 | -38,837 | -15,135 | 144,555 | 47,475 | -412,946 | 133,593 | -17,223 | -32,710 | 131,767 | -67,050 | 74,202 | -147,865 | 37,750 | 25,317 | -64,135 | 87,079 | 221,334 | -360,205 | 548,435 | -207,092 | -234,254 | -23,845 | 382,540 | -370,161 | -91,268 | 6,590 | 216,756 | 14,191 | -320,933 | 74,760 | -68,869 | 76,036 | -84,912 | 118,874 | 455,539 | |
accounts payable | -20,992 | -570,853 | 393,187 | 64,464 | -619,111 | 451,350 | -45,274 | 149,771 | -347,852 | -25,792 | -655,340 | -350,960 | 499,710 | 175,875 | -9,525 | -56,243 | -228,677 | 283,515 | -252,179 | -50,795 | -204,624 | 546,863 | 310,321 | -107,831 | -1,121,745 | 561,061 | -47,121 | -510,407 | -369,100 | -213,593 | 1,153,341 | 267,008 | -496,310 | 76,419 | 205,460 | -103,454 | 140,027 | 179,408 | 19,853 | 183,328 | 60,525 | 54,282 | -122,377 | 204,471 | 4,949 | -332,060 | -76,457 | -88,380 | -9,549 | 75,540 | -559,773 | -89,626 | 227,609 | 111,907 | -322,370 | 227,480 | 66,275 | 144,131 | 210,817 |
accrued expenses | -1,630,453 | 544,471 | -98,038 | -424,051 | -652,859 | 27,375 | 857,067 | 51,550 | -148,183 | 321,212 | -119,564 | 192,571 | -149,489 | 76,781 | -376,106 | 334,180 | -416,505 | 80,889 | 322,443 | 438,872 | -245,077 | 665,433 | -20,104 | -316,936 | 215,375 | 22,996 | -121,707 | -1,023,556 | 655,823 | -145,765 | -1,030,917 | -643,067 | 35,665 | -215,823 | 145,981 | -232,726 | 765,849 | 159,643 | -484,705 | 117,088 | 225,461 | -143,792 | 567,000 | 109,280 | 50,363 | -1,163 | -24,226 | 96,422 | -41,870 | -106,571 | 50,314 | 193,543 | 66,704 | ||||||
contract liabilities | 163,028 | 599,969 | -2,531,655 | -433,792 | -1,093,406 | -251,362 | 1,942,867 | -1,656,390 | -58,121 | -829,969 | 447,165 | -1,597,613 | -1,392,966 | 2,011,527 | -295,017 | -3,241,315 | 1,434,456 | 1,223,421 | 2,005,303 | 1,432,645 | 41,856 | 151,577 | 1,187,423 | 243,785 | -869,287 | 1,026,399 | -393,910 | 369,434 | 506,974 | -673,227 | -610,444 | 419,798 | 845,505 | ||||||||||||||||||||||||||
net cash from operating activities | -3,988,329 | -5,247 | 1,189,977 | -762,144 | 2,008,132 | -2,799,936 | -1,400,731 | -3,914,985 | -3,341,872 | 847,588 | -2,436,879 | 3,859,443 | -2,349,783 | -1,839,966 | -2,726,806 | 1,085,081 | -510,376 | -2,311,997 | -829,707 | -97,656 | -65,836 | -583,168 | -1,348,991 | -624,114 | -2,120,225 | -1,046,345 | 885,199 | -1,424,694 | -2,174,527 | -865,971 | -1,117,288 | 860,821 | -918,818 | -784,813 | -1,524,157 | -503,646 | -902,509 | -1,908,098 | -1,405,201 | -1,034,833 | -2,025,290 | -1,484,723 | -1,528,112 | -945,000 | -1,880,982 | -1,365,581 | -22,111 | -691,536 | -775,737 | -772,436 | -697,272 | -649,717 | -706,545 | -1,209,995 | -568,890 | -752,532 | -919,504 | ||
capital expenditures | 0 | 0 | 0 | -25,659 | -4,034 | -18,427 | -26,866 | -14,846 | -14,846 | -32,011 | -47,429 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
free cash flows | -3,988,329 | -5,247 | 1,189,977 | -787,803 | 2,004,098 | -2,818,363 | -1,427,597 | -3,929,831 | -3,356,718 | 815,577 | -2,484,308 | 3,859,443 | -2,349,783 | -1,839,966 | -2,726,806 | 1,085,081 | -510,376 | -2,311,997 | -829,707 | -97,656 | -65,836 | -583,168 | -1,348,991 | -624,114 | -2,120,225 | -1,046,345 | 885,199 | -1,424,694 | -2,174,527 | -865,971 | -1,117,288 | 860,821 | -918,818 | -784,813 | -1,524,157 | -503,646 | -902,509 | -1,908,098 | -1,405,201 | -1,034,833 | -2,025,290 | -1,484,723 | -1,528,112 | -945,000 | -1,880,982 | -1,365,581 | -22,111 | -691,536 | -775,737 | -772,436 | -697,272 | -649,717 | -706,545 | -1,209,995 | -568,890 | -752,532 | -919,504 | ||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from investment maturities | 0 | 23,799 | 1,534,531 | 4,869,158 | 2,187,231 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of software development costs | -228,702 | -199,017 | -239,521 | -211,183 | -149,307 | -98,100 | -253,749 | -363,474 | -73,678 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -228,702 | -255,700 | -186,029 | 1,297,689 | 4,715,817 | 2,145,324 | 3,388,054 | 9,274,413 | 4,971,123 | 4,023,000 | 740,672 | 11,049,972 | -59,361,638 | -127,913 | -22,081 | 16,677 | -7,548 | -13,217 | -100,089 | -292,810 | 88,877 | -50,385 | -105,545 | -118,173 | -118,076 | -346,185 | -269,954 | -240,126 | -139,292 | -259,237 | -100,773 | 187 | -21,251 | -67,849 | -168,461 | -513,502 | -157,160 | -127,884 | -658,896 | -68,360 | 40,989 | -1,024,271 | -400,139 | -78,919 | -78,317 | -220,334 | -403,491 | -8,070 | -9,767 | 3,870 | 6,046 | 0 | -11,955 | ||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on finance obligation | -6,737 | -1,848 | -917 | -9,179 | -21,619 | -785 | 479 | -8,336 | -29,809 | 0 | 0 | -11,410 | |||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury stock | 0 | 0 | -278,825 | -443,808 | -544,497 | 0 | -314,594 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on shares withheld for statutory taxes | -156,606 | -307,280 | -189,049 | -119,913 | -174,996 | -152,537 | -314,774 | -85,182 | -37,233 | -37,763 | -35,045 | -32,563 | -30,871 | -19,744 | -18,934 | -21,282 | -17,251 | -70,205 | -40,682 | -55,386 | -341,576 | ||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -163,343 | -239,672 | -233,329 | -509,341 | -618,804 | -616,808 | -365,577 | -79,275 | -37,233 | -27,870 | -349,639 | -729,974 | -30,871 | -25,632 | -20,782 | -10,172 | -19,730 | -81,562 | -44,320 | 11,843,833 | 33,263,287 | 2,625,049 | 10,156,294 | 15,680,123 | 1,149,188 | -194,265 | -278,241 | 8,174,427 | -192,231 | -201,625 | 4,401,170 | 123,137 | 230,013 | -301,249 | 803,089 | 14,532 | -1,926 | 22,210 | -772 | 16,488 | -10,913 | 29,133 | 12,840,889 | 9,324 | -9,328 | -12,849 | 86,770 | -52,984 | 10,962,324 | -38,609 | 2,377,633 | 721,813 | 165,708 | -2,395 | 1,820,332 | 1,281,911 | 467,281 | -105,339 | -41,632 |
effect of exchange rate changes on cash | -4,120 | -3,415 | -22,750 | 4,463 | -137,265 | -42,212 | 34,488 | -13,619 | -3,414 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -4,384,494 | -504,034 | 747,869 | 30,667 | 5,967,880 | -1,296,177 | 1,621,746 | 5,280,153 | 1,592,018 | 2,250,530 | 3,972,978 | 5,067,010 | 1,555,250 | 4,574,483 | 8,679,407 | -61,211,776 | -2,874,449 | 981,438 | -538,019 | 9,524,288 | 32,420,363 | 2,427,304 | 9,797,648 | 15,185,832 | -250,188 | -923,924 | -2,516,639 | 7,010,006 | 346,783 | -1,593,932 | -649,897 | -1,664,596 | 10,747,239 | -1,434,410 | -2,561,711 | -1,357,988 | -1,873,131 | -1,496,882 | 10,719,879 | -1,133,636 | -646,066 | 1,113,787 | -869,826 | -996,885 | |||||||||||||||
cash and cash equivalents, beginning of period | 50,886,850 | 0 | 0 | 0 | 44,644,468 | 0 | 0 | 0 | 37,446,728 | 0 | 0 | 0 | 24,600,960 | 0 | 0 | 0 | 75,433,295 | 0 | 0 | 0 | 33,045,225 | 0 | 0 | 0 | 0 | 11,608,452 | |||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 46,502,356 | -504,034 | 747,869 | 30,667 | 50,612,348 | -1,313,632 | 1,656,234 | 5,266,534 | 39,035,332 | 2,250,530 | 3,972,978 | 5,067,010 | 26,156,210 | 4,574,483 | 8,679,407 | -61,211,776 | 72,558,846 | 981,438 | -538,019 | 9,524,288 | 65,465,588 | 2,427,304 | 9,797,648 | 15,185,832 | 5,634,441 | -923,924 | -2,516,639 | 7,010,006 | 2,315,186 | -1,896,273 | 1,986,517 | -882,126 | 2,760,285 | 458,799 | -115,542 | -791,532 | 4,355,072 | -1,416,783 | -2,048,770 | 10,064,454 | 10,747,239 | -1,434,410 | 3,960,219 | -1,357,988 | -1,873,131 | -1,496,882 | 11,249,931 | -1,133,636 | 1,593,826 | -60,390 | 130,252 | -646,066 | 1,113,787 | 66,557 | 123,668 | -869,826 | |||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | 372 | 1,311 | 1,654 | 1,784 | 1,654 | 2,475 | 1,654 | 1,999 | 2,001 | 1,655 | 3,154 | 1,399 | 0 | 0 | 1,894 | 0 | 818 | 4,792 | 7,456 | 3,240 | 35,226 | 1,368 | |||||||||||||||||||||||||||||||||||||
supplemental non-cash activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of common stock issued for services | 90,010 | 90,009 | 89,995 | 89,994 | 90,002 | 75,000 | 75,006 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | -1,167,687 | 147,745 | -1,982,938 | -1,033,426 | -2,806,339 | -2,406,881 | -2,645,087 | 1,038,870 | 685,370 | ||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment to fair market value of digital assets | 0 | 51,701 | 26,044 | -106,159 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit | -33,055 | -88,862 | -18,782 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on divestiture | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment for divestiture | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of digital assets | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of ppe | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of ppe | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options & espp issuances | 23,068 | 260 | 80,226 | 6,768 | 9,893 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issuance costs | 0 | -14,094 | -333,878 | -746,957 | -66,593 | -222,754 | -455,706 | -2,326 | -783,809 | 1,704 | -4,457 | -2,190 | -2,711 | -708,934 | -84 | -616 | -1,440 | -7,287 | -1,700 | -1,926 | -1,224 | -772 | -18,099 | -3,622 | |||||||||||||||||||||||||||||||||||
value of stock issued or to be issued for payment of services | 89,995 | 89,994 | 90,002 | 90,007 | 79,057 | 75,000 | 75,006 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of acquisition costs payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tender offer costs | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit, divestiture | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of property and equipment | -25,659 | -4,034 | -18,427 | -26,866 | -14,846 | -14,846 | -32,011 | -33,908 | -18,374 | -47,429 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
impairment of expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of equipment | -4,809 | -26,229 | 0 | -175 | -5,117 | -515 | -5,086 | 6,642 | -2,253 | 853 | 9,919 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
bad debt | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of short term investments | -55,416,731 | -91,280,704 | -19,349,077 | -93,021,964 | -97,373,476 | -75,492,435 | -69,825,790 | -56,150,737 | |||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash financing and investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equipment acquired with financing arrangement | -2,665 | 22,284 | 61,224 | 0 | 0 | 0 | 43,003 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of long term investments | 3,095,540 | 5,626,429 | 2,701,484 | 7,257,208 | 4,158,298 | 5,560,083 | 10,647,861 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of short term investments | 91,430,265 | 17,678,180 | 92,221,520 | 100,688,508 | 74,159,649 | 75,635,820 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of long term investments | -716,343 | -14,791,286 | -157,068 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of digital assets | 6,502 | 1,081 | 77,751 | 62,976 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on notes payable and capital leases | -8,311 | -16,196 | -15,277 | -14,592 | -13,935 | -13,310 | -16,447 | -19,845 | -10,575 | -4,512 | -198,187 | -4,090 | -3,896 | -3,709 | |||||||||||||||||||||||||||||||||||||||||||||
increase in software development costs | -234,176 | -281,009 | -156,868 | -229,273 | -138,302 | -119,352 | -88,919 | 0 | -3,105 | -82,355 | -166,429 | -151,706 | -70,163 | -82,921 | 0 | 0 | 0 | -206,529 | |||||||||||||||||||||||||||||||||||||||||
net cash from and (used for) investing activities | 6,188,680 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from and (used for) operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of common stock issued for future services | 75,009 | 75,000 | 125,000 | 0 | 0 | 147,329 | 0 | 0 | 0 | 125,000 | 155,050 | -37,495 | -75,005 | 150,000 | 132,791 | -69,372 | 86,910 | 299,596 | 30,221 | -50,905 | 0 | 47,220 | |||||||||||||||||||||||||||||||||||||
(gain) on the forgiveness of debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) on sale of digital assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of digital assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stocks | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 25,672 | 32,595 | 32,933 | 31,719 | 33,072 | 33,201 | 32,486 | 32,582 | 32,288 | 34,578 | 35,629 | 31,307 | 25,391 | 35,946 | 38,477 | 55,012 | 55,034 | 56,828 | 56,038 | 48,172 | 50,168 | 54,541 | 58,888 | -18,784 | 23,775 | 24,674 | 21,564 | 30,323 | 30,868 | 29,902 | 26,652 | 29,956 | 14,360 | ||||||||||||||||||||||||||
amortization of software development costs and other intangible assets | 101,863 | 105,897 | 105,896 | 107,493 | 187,381 | 330,723 | 333,043 | 368,685 | 340,195 | 342,529 | 465,640 | 401,899 | 407,702 | 412,159 | 397,748 | 396,527 | 315,640 | 153,863 | 209,417 | 372,804 | 324,797 | 303,719 | 303,718 | 302,122 | 274,483 | 234,540 | 235,702 | 371,274 | 177,216 | 176,694 | 127,277 | ||||||||||||||||||||||||||||
fair value of stock issued for payment of services | 31,260 | 31,259 | 31,223 | 37,545 | 37,544 | 37,544 | 34,696 | 31,251 | 31,250 | 31,249 | 31,250 | 29,161 | 37,509 | 37,497 | 37,498 | 31,266 | 31,244 | 33,819 | 28,671 | ||||||||||||||||||||||||||||||||||||||||
purchase of equipment | -9,787 | -2,160 | -29,150 | -29,134 | -4,223 | -7,580 | -22,109 | -2,507 | -41,490 | -4,891 | -68,375 | -13,152 | -2,383 | -12,791 | -15,974 | -1,217 | -140,193 | -20,643 | 815 | -3,329 | -5,248 | -879 | -21,591 | -53,300 | -46,760 | -41,581 | -72,283 | -44,311 | -28,985 | -357,139 | -73,669 | -76,742 | -9,563 | -2,522 | -5,297 | -2,294 | 0 | ||||||||||||||||||||||
proceeds from the sale of equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs | -281,230 | -177,943 | -99,426 | -97,758 | -168,906 | -46,125 | -51,004 | -91,186 | -47,744 | -104,830 | -346,789 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of securities | 0 | 0 | 12,186,676 | 34,358,012 | 2,714,803 | 10,378,440 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock purchase plan and option exercise issuances | 0 | 12,027 | 6,700 | 10,262 | 11,241 | 45,942 | 2,144 | 5,321 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equipment | 9,681 | 663 | 500 | 20,900 | 32 | 8,892 | 176 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of equipment | -663 | -13,732 | 124 | -7,914 | -1,775 | -1,734 | -1,953 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) on disposal of equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for losses on accounts receivable | 35,450 | -4,525 | 5,000 | 31,494 | 8,333 | 8,000 | 50,000 | 54,000 | 51,000 | 127,535 | |||||||||||||||||||||||||||||||||||||||||||||||||
security deposits | 0 | 40,382 | 110,802 | 619 | -9,468 | -2,054 | -94 | 2,987 | 11,074 | -6,145 | 227 | 308 | 8,789 | -628 | -14,817 | 19,754 | -1,153 | -10,737 | -33,697 | 1,797 | 1,725 | 3,923 | -43,000 | -5,250 | -1,575 | -4,242 | -38,623 | -2,773 | 0 | 3,870 | 0 | ||||||||||||||||||||||||||||
right-of-use asset and lease liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from notes payable | 1,327 | 608 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on the forgiveness of debt | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from line of credit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill and intangible assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on settlement of acquisition costs payable | 1 | 0 | 0 | 0 | 0 | -10,491 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred rent | -1 | 1 | -11,767 | -11,120 | -11,120 | -11,119 | -8,527 | -7,938 | -9,354 | -8,472 | -17,542 | 3,735 | -3,341 | -3,342 | -748 | 548 | 548 | 548 | 31,844 | 3,100 | 14,872 | 42,536 | -2,330 | 685 | -2,330 | -6,855 | 10,830 | -3,950 | |||||||||||||||||||||||||||||||
net repayments on line of credit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on acquisition liabilities | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued for payment of acquisition liability | 0 | 2,928,375 | 0 | 1,076,022 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating right-of-use asset | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for (recovery of) losses on accounts receivable | 1,066 | 74,010 | 33,305 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use asset | 0 | 0 | 24,024 | 2,124 | -720 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of intangible assets | 0 | 4,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on settlement of acquisition costs payable | 0 | 191,439 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from (repayments on) line of credit | 1,162,924 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | 5,884,629 | 0 | 0 | 0 | 1,968,403 | 0 | 0 | 0 | 3,906,797 | 0 | 0 | 0 | 5,949,004 | 0 | 0 | 0 | 6,521,930 | 0 | 0 | 0 | 530,052 | 0 | 0 | 0 | 657,946 | 0 | 0 | 0 | 225,277 | 0 | 0 | ||||||||||||||||||||||||||||
decrease in fair value of contingent acquisition costs payable | -181,584 | -304,163 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of derivatives | 0 | 0 | -113,801 | 125,595 | -3,147 | -45,160 | 8,420 | 618 | 5,405 | 14,705 | -26,421 | -2,852 | -5,720 | -115,904 | -250,507 | 2,505,951 | 335,653 | 8,124 | -90,987 | ||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effects of business acquired: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of intangible assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from line of credit, net of repayments | -190,041 | -207,132 | -435,966 | 114,186 | 230,629 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock purchase plan issuances | 3,883 | 0 | 8,218 | 0 | 10,017 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition costs payable for assets acquired | 0 | -250,000 | 0 | 4,192,639 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
line of credit, net of repayments | -279,945 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from secondary offering | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | -19,570 | 98,563 | 125,194 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in provision for losses on accounts receivable | 0 | -29,940 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right of use asset | -33,026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in fair value of contingent acquisition costs payable | 0 | 172,565 | 118,000 | -17,000 | -39,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
merger with tapinfluence, inc. net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -1,896,273 | 1,986,517 | -882,126 | -1,146,512 | -115,542 | -2,048,770 | -1,543,998 | -60,390 | -527,694 | -101,609 | |||||||||||||||||||||||||||||||||||||||||||||||||
unearned revenue | -680,115 | -115,460 | 100,598 | 449,916 | -430,931 | -9,193 | 377,450 | -206,290 | 1,225,632 | -321,671 | 1,061,139 | -181,541 | 631,002 | 34,057 | 52,148 | -242,361 | 31,309 | 75,665 | 162,652 | -117,538 | -95,261 | 96,046 | 52,598 | -46,037 | -381,111 | 242,896 | |||||||||||||||||||||||||||||||||
merger with tapinfluence, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period for interest | 51,272 | 45,817 | 6,939 | 8,198 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition costs paid through issuance of common stock | 0 | 0 | 0 | 938,532 | 0 | 600,000 | 0 | 848,832 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
loss on exchange of warrants | 0 | 0 | 732 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition, net of cash acquired | 0 | -166,469 | 0 | 89,700 | -995,286 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from line of credit | -309,826 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of warrants | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on capital lease obligations | 0 | 0 | 0 | -7,291 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of warrants reclassified from liability to equity | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of warrants issued | 0 | 0 | 0 | 0 | 0 | 12,382,216 | 0 | 2,256,899 | 88,000 | 7,209 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
fair value of stock and warrants issued or to be issued for payment of services | 60,074 | 22,830 | 60,632 | 26,457 | 34,970 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of options and warrants | 23,434 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the year for interest | 21,000 | 0 | 46,815 | 230 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on change in value of contingent acquisition costs payable | -100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of options | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
value of stock and warrants issued or to be issued for payment of services | 31,250 | 41,250 | 31,251 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of options & warrants | 50,377 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock and warrants | 1,086 | -12,720 | -36,537 | 10,982,169 | -28,034 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of assets through capital lease | 0 | 0 | 0 | 41,339 | 18,120 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during period for interest | 1,227 | 2,216 | 2,362 | 3,288 | 4,019 | 4,676 | 3,175 | 3,143 | 2,616 | 5,430 | 1,856 | 4,167 | 1,690 | 2,051 | 2,481 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock purchase plan subscriptions & issuance of warrants | 24,601 | 5,264 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued or to be issued for payment of services | 35,050 | 18,750 | 18,750 | 70,750 | 58,360 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of software development costs and other assets | -7,981 | 48,906 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of furniture and equipment | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bad debt expense | 2,371 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on exchange of warrants and debt | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of derivatives and notes payable carried at fair value | -2,219,659 | -2,250,344 | -3,239,610 | -135,601 | -307,022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of notes payable | 0 | 350,000 | 920,000 | 169,798 | 0 | 0 | 69,000 | 474,700 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options & warrants | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of 2013 ppm warrants reclassified from liability to equity | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of notes payable into common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets and loan costs | 5,842 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of compound embedded derivative in promissory notes | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued for payment of services | 59,500 | 289,303 | 55,680 | 39,105 | 7,123 | 442,942 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 0 | 0 | 0 | 1,099 | 167 | 1,194 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of notes into common stock | 1,376,618 | 0 | 124,611 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common and preferred stock and warrants | 1,501 | 1,824,041 | -14,066 | 50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of intangible asset | -11,955 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
value of common stock issued for deferred finance costs and future services | -53,931 | -106,376 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
promissory note exchanged in financing arrangement | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities assumed in customer list acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on exchange and change in fair value of derivatives | -12,550 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued payroll | -20,527 | -48,989 | 91,665 | 84,187 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of deposits | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on notes payable | -8,518 | -91,440 | -92,826 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of compound embedded derivative in promissory note | 12,151 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of warrant liability | -258,913 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of series a2 preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible notes payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of promissory note | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during year for interest | 4,028 | 6,843 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a2 preferred stock issued for conversion of notes payable plus accrued interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
value of common stock issued for prepaid services | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of loan costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
related party payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
security deposit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock and preferred stock issued for conversion of notes payable |
