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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOW FROM OPERATING ACTIVITIES:    
Net loss $ (2,349,023) $ (5,120,869)
Adjustments to reconcile net loss to net cash used for operating activities:    
Depreciation 38,213 33,813
Amortization of intangible assets 217,978 216,806
Amortization of capitalized contract costs 126,057 80,019
Operating leases right-of-use assets 146,890 87,903
Reserve for Investment – debt security 0 190,000
Allowance for note receivable 40,000
Share and warrant-based compensation for employees and consultants 163,584 236,108
Stock based directors’ fees 39,006 58,035
Change in fair value of convertible note (264,706) (0)
Deferred income tax benefit (20,000) 0
Bad debts 150,000 130,111
Change in assets and liabilities:    
Accounts receivable (1,334,989) (264,635)
Due from factor (13,072) 0
Capitalized contract costs (107,336) (120,968)
Inventory 145,156 47,993
Resalable software license rights 0 7,466
Prepaid expenses and other (51,831) (120,977)
Accounts payable 488,416 239,227
Accrued liabilities 327,131 (6,882)
Income taxes payable 62,811 0
Deferred revenue 128,253 43,351
Operating lease liabilities (154,460) (104,904)
Net cash used for operating activities (2,261,922) (4,328,403)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of Swivel Secure, net of cash acquired of $729,905 0 (543,578)
Receipt of cash from note receivable 0 9,000
Capital expenditures 0 (31,066)
Net cash used for investing activities 0 (565,644)
CASH FLOW FROM FINANCING ACTIVITIES:    
Deferred offering costs (25,434) 0
Receipt of cash from Employee stock purchase plan 13,934 39,125
Repayment of government loan (113,885) 0
Net cash provided by (used in) financing activities (125,385) 39,125
Effect of exchange rate changes 58,871 (124,507)
NET DECREASE IN CASH AND CASH EQUIVALENTS (2,328,436) (4,979,429)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 2,635,522 7,754,046
CASH AND CASH EQUIVALENTS, END OF PERIOD 307,086 2,774,617
Cash paid for:    
Interest 159,379 3,661
Noncash investing and financing activities    
Accounts receivable acquired from Swivel Secure 0 702,886
Equipment acquired from Swivel Secure 0 65,640
Other assets acquired from Swivel Secure 0 20,708
Intangible assets acquired from Swivel Secure 0 762,860
Goodwill resulting from the acquisition from Swivel Secure 0 1,067,372
Accounts payable and accrued expenses acquired from Swivel Secure 0 431,884
Common stock issued for acquisition of Swivel Secure 0 600,004
Operating lease right-of-use asset and liability for new lease 0 105,893
Swivel Secure Europe [Member]    
Noncash investing and financing activities    
Government loan acquired from Swivel Secure $ 0 $ 544,000