BALANCE SHEETS - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 1,644,210	$ 475,881
Accounts receivable, net	171,785	131,561
Prepaid expenses and other current assets	184,366	124,257
Total current assets	2,000,361	731,699
Property and equipment, net	59,848	89,707
Other intangible assets, net	3,633,420	4,048,572
Operating lease right-of-use assets	93,457	121,440
Total assets	5,787,086	4,991,418
Current liabilities:
Accounts payable	1,460,484	876,260
Finance leases - current portion	2,844	9,951
Accrued expenses	276,254	207,786
Contract liabilities	9,046	5,338
Operating lease - current portion	33,118	30,255
Total current liabilities	1,781,746	1,129,590
Long term liabilities:
Finance leases - net of current portion	0	2,797
Operating lease obligations - net of current portion	61,794	93,642
Deferred tax liability, net	960,947	1,070,189
Total liabilities	2,804,487	2,296,218
Commitments and contingencies
Shareholders' deficit
Series A Preferred stock, $0.001 par value, 5,000,000 shares authorized; none and 4,438,578 shares issued and outstanding at December 31, 2020 and 2019, respectively; liquidation value of $0 and $13,808,610 at December 31, 2020 and 2019, respectively		4,439
Common stock, $0.001 par value, 25,000,000 shares authorized; 6,489,004 shares issued and 6,455,164 shares outstanding at December 31, 2020, 1,648,657 shares issued and 1,614,817 outstanding at December 31, 2019	6,489	1,649
Accrued common stock bonus	2,000,500	0
Additional paid-in capital	70,083,486	69,242,412
Accumulated other comprehensive income	570,761	512,894
Accumulated deficit	(69,625,790)	(67,008,347)
Common stock in treasury, at cost, 33,840 and 33,840 shares at December 31, 2020 and 2019	57,847	57,847
Total shareholders' equity	2,982,599	2,695,200
Total liabilities and shareholders' equity	$ 5,787,086	$ 4,991,418