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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOW FROM OPERATING ACTIVITIES:    
Net loss $ (510,285) $ (1,688,322)
Adjustments to reconcile net loss to net cash used for operating activities:    
Depreciation 23,808 13,242
Amortization of intangible assets 78,005 81,237
Change in fair value of convertible note 0 (141,991)
Amortization of capitalized contract costs 38,665 37,529
Reserve for inventory 0 500,000
Operating leases right-of-use assets 13,686 66,132
Share and warrant-based compensation for employees and consultants 47,790 59,373
Stock based directors’ fees 9,003 12,002
Bad debts 100,000 0
Change in assets and liabilities:    
Accounts receivable 399,749 (898,881)
Due from factor 91,070 (33,000)
Capitalized contract costs (158,005) (8,739)
Inventory 5,545 6,554
Prepaid expenses and other (63,513) 2,219
Accounts payable (116,012) 88,040
Accrued liabilities (104,257) (135,417)
Deferred revenue 455,868 178,755
Operating lease liabilities (14,033) (67,544)
Net cash provided by (used in) operating activities 297,084 (1,928,811)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (1,869) 0
Net cash used in investing activities (1,869) 0
CASH FLOW FROM FINANCING ACTIVITIES:    
Offering costs (13,470) 0
Proceeds for exercise of warrants 1,400 0
Repayment of government loan (41,821) (34,289)
Net cash used in financing activities (53,891) (34,289)
Effect of exchange rate changes (62,275) 49,913
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 179,049 (1,913,187)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 511,400 2,635,522
CASH AND CASH EQUIVALENTS, END OF PERIOD 690,449 722,335
Cash paid for:    
Interest $ 1,356 $ 56,919