CONDENSED BALANCE SHEETS - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 930,460	$ 475,881
Accounts receivable, net	183,934	131,561
Prepaid expenses and other current assets	119,880	124,257
Total current assets	1,234,274	731,699
Property and equipment, net	69,934	89,707
Other intangible assets, net	3,630,115	4,048,572
Operating lease right-of-use assets	101,936	121,440
Total assets	5,036,259	4,991,418
Current liabilities:
Accounts payable	1,033,422	876,260
Finance leases - current portion	7,517	9,951
Accrued expenses	351,236	207,786
Contract liabilities	6,890	5,338
Operating lease - current portion	30,138	30,255
Total current liabilities	1,429,203	1,129,590
Long term liabilities:
Finance leases - net of current portion	0	2,797
Operating lease obligations - net of current portion	73,717	93,642
Deferred tax liability, net	1,019,292	1,070,189
Total liabilities	2,482,212	2,296,218
Commitments and contingencies
Shareholders' equity:
Series A Preferred stock, $0.001 par value, 5,000,000 shares authorized; none and 4,438,578 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively; liquidation value of $0 and $13,808,610 at June 30, 2020 and December 31, 2019, respectively	0	4,439
Common stock, $0.001 par value, 25,000,000 shares authorized; 6,214,884 shares issued and 6,181,044 shares outstanding at June 30, 2020, 1,648,657 shares issued and 1,614,817 outstanding at December 31, 2019	6,215	1,649
Additional paid-in capital	69,582,912	69,242,412
Accumulated other comprehensive income	383,837	512,894
Accumulated deficit	(67,401,070)	(67,008,347)
Common stock in treasury, at cost; 33,840 shares at June 30, 2020 and December 31, 2019	(57,847)	(57,847)
Total shareholders' equity	2,554,047	2,695,200
Total liabilities and shareholders' equity	$ 5,036,259	$ 4,991,418