Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.24.3
Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 91,436 $ 249,462
Accounts receivable 304,813 336,033
Prepaid expenses and other assets 39,533 295,180
Total current assets 435,782 880,675
Goodwill 5,842,433 8,366,467
Total assets 6,278,215 9,247,142
Current liabilities:    
Accounts payable and accrued liabilities 1,613,364 1,364,202
Stockholder advance 67,622 100,000
Deferred revenue 378,583 579,833
Equity financing 125,000 125,000
Total current liabilities 2,334,407 2,322,873
Loans payable 90,359 147,749
Total long-term liabilities 90,359 147,749
Total liabilities 2,424,766 2,470,622
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 40 40
Common stock, $0.001 par value; 45,000,000 shares authorized; 1,232,333 and 867,574 shares issued and outstanding, respectively 1,232 868
Additional paid-in capital 33,692,018 32,034,309
Subscriptions payable 600,000
Accumulated deficit (29,839,841) (25,858,697)
Total stockholders’ equity 3,853,449 6,776,520
Total liabilities and stockholders’ equity 6,278,215 9,247,142
Related Party    
Current liabilities:    
Accounts payable and accrued liabilities - related party $ 149,838 $ 153,838