Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Balance Sheets

v3.25.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 106,654 $ 91,436
Accounts receivable, net 372,716 304,813
Prepaid expenses and other assets 24,008 39,533
Total current assets 503,378 435,782
Goodwill 5,842,433 5,842,433
Total assets 6,345,811 6,278,215
Current liabilities:    
Accounts payable and accrued liabilities 1,237,637 1,738,364
Shareholder advance 67,622 67,622
Deferred revenue 354,083 378,583
Loans payable 27,369
Total current liabilities 1,836,549 2,334,407
Long-term liabilities:    
Loans payable, net of current maturities 90,359
Convertible loans payable, net of discounts 19,660
Total long-term liabilities 19,660 90,359
Total liabilities 1,856,209 2,424,766
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Series A Convertible Preferred stock, $0.001 par value; 900,000 shares authorized; 39,810 shares issued and outstanding at December 31, 2024 and 2023 40 40
Common stock, $0.001 par value; 45,000,000 shares authorized; 1,859,525 and 1,232,333 shares issued and outstanding at December 31, 2024 and 2023, respectively 1,859 1,232
Additional paid-in capital 35,463,769 33,692,018
Accumulated deficit (30,976,066) (29,839,841)
Total stockholders’ equity 4,489,602 3,853,449
Total liabilities and stockholders’ equity 6,345,811 6,278,215
Related Party    
Current liabilities:    
Accounts payable and accrued liabilities - related party $ 149,838 $ 149,838