Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 249,718 $ 249,462
Accounts receivable - net 344,449 336,033
Prepaid expenses and other assets 316,033 295,180
Total current assets 910,200 880,675
Fixed assets - net
Goodwill 8,366,467 8,366,467
Total assets 9,276,667 9,247,142
Current liabilities:    
Accounts payable and accrued liabilities 1,509,334 1,364,202
Accounts payable and accrued liabilities - related party 153,838 153,838
Shareholder advance 100,000 100,000
Deferred revenue 735,333 579,833
Equity financing 125,000 125,000
Total current liabilities 2,623,505 2,322,873
Long-term liabilities:    
Loans payable 128,659 147,749
Total long-term liabilities 128,659 147,749
Total liabilities 2,752,164 2,470,622
Commitments and contingencies
Stockholders’ equity:    
Series A Convertible Preferred stock, $0.001 par value; 900,000 shares authorized; 39,810 shares issued and outstanding 40 40
Common stock, $0.001 par value; 45,000,000 shares authorized; 13,021,741 and 13,010,409 shares issued and outstanding, respectively 13,022 13,011
Additional paid-in capital 32,170,028 32,022,166
Subscriptions payable 600,000 600,000
Accumulated deficit (26,258,587) (25,858,697)
Total stockholders’ equity 6,524,503 6,776,520
Total liabilities and stockholders’ equity $ 9,276,667 $ 9,247,142