Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 17,264 $ 91,436
Accounts receivable, net 571,981 304,813
Prepaid expenses and other assets 82,758 39,533
Total current assets 672,003 435,782
Goodwill 5,842,433 5,842,433
Total assets 6,514,436 6,278,215
Current liabilities:    
Accounts payable and accrued liabilities 1,913,805 1,738,364
Shareholder advance 67,622 67,622
Deferred revenue 387,958 378,583
Loans payable 386,492
Total current liabilities 2,905,715 2,334,407
Long-term liabilities:    
Loans payable, net of current maturities 90,359
Total long-term liabilities 90,359
Total liabilities 2,905,715 2,424,766
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Series A convertible preferred stock, $0.001 par value; 900,000 shares authorized; 39,810 shares issued and outstanding at June 30, 2024 and December 31, 2023 40 40
Common stock, $0.001 par value; 45,000,000 shares authorized; 1,366,211 and 1,232,333 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 1,366 1,232
Additional paid-in capital 33,963,128 33,692,018
Accumulated deficit (30,355,813) (29,839,841)
Total stockholders’ equity 3,608,721 3,853,449
Total liabilities and stockholders’ equity 6,514,436 6,278,215
Related Party    
Current liabilities:    
Accounts payable and accrued liabilities - related party $ 149,838 $ 149,838