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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 3,031,365 $ 2,839,687
Accounts receivable, net 304,767 215,109
Prepaid expenses and other current assets 114,282 164,823
Total current assets 3,450,414 3,219,619
Property and equipment, net 26,526 40,493
Intangible assets, net 2,695,630 3,175,198
Operating lease right-of-use assets 31,339 61,040
Total assets 6,203,909 6,496,350
Current liabilities:    
Accounts payable 1,421,273 1,624,981
Income taxes payable 765,643 675,527
Accrued expenses 558,971 376,387
Contract liabilities 11,934 11,154
Operating lease obligations – current portion 30,764 36,123
Total current liabilities 2,788,585 2,724,173
Long-term liabilities:    
Operating lease obligations – net of current portion 0 25,187
Deferred tax liability, net 770,004 838,312
Total liabilities 3,558,589 3,587,672
Commitments and contingencies
Shareholders' equity:    
Common stock, $0.001 par value, 25,000,000 shares authorized; 7,820,124 shares issued and 7,786,284 shares outstanding at September 30, 2022, 7,807,103 shares issued and 7,773,263 shares outstanding at December 31, 2021 7,820 7,807
Additional paid-in capital 72,766,933 72,691,201
Accumulated other comprehensive income 337,379 590,067
Accumulated deficit (70,408,965) (70,322,550)
Common stock in treasury, at cost, 33,840 shares at September 30, 2022 and December 31, 2021 (57,847) (57,847)
Total shareholders' equity 2,645,320 2,908,678
Total liabilities and shareholders' equity 6,203,909 6,496,350
Series A Preferred Stock [Member]    
Shareholders' equity:    
Series A Preferred stock, $0.001 par value, 5,000,000 shares authorized; no shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively $ 0 $ 0