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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ (3,771,070) $ 11,768,775
Less: Income from discontinued operations 0 9,373,257
(Loss) Income from continuing operations (3,771,070) 2,395,518
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 63,389 74,438
Amortization on right of use asset 21,980 21,896
Gain on bargain purchase (1,204,830) 0
Amortization of debt issuance costs 5,333 5,333
Amortization of discount - proceeds from sale of discontinued operations (20,712) (389,288)
Accrued interest on convertible notes 703,600 829,452
Accretion of discounts on marketable securities (2,321,188) (1,876,085)
Gain on sale of investment (80,694) (5,805,858)
Gain on debt redemption (283,059) (111,151)
Allowance for credit losses 225,000 0
Stock-based compensation expense 6,528,397 6,573,969
Change in fair value of warrant liability (563) (3,984)
Change in operating assets and liabilities:    
Accounts receivable (856,719) (763,903)
Contract assets 64,097 579,133
Prepaid expenses 75,933 (241,447)
Lease liabilities (33,381) (21,896)
Deposits and other assets 963,710 (1,520,022)
Accounts payable 821,075 (154,521)
Accrued expenses (331,990) 552,587
Deferred revenues 203,118 (356,278)
Other liabilities (488,599) 1,000,000
Net cash provided by operating activities - continuing operations 282,827 787,893
Net cash used in operating activities - discontinued operations 0 (59,075)
Net cash provided by operating activities 282,827 728,818
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property and equipment 0 (75,493)
Purchase of marketable securities (152,354,967) (144,077,731)
Sale and maturity of marketable securities 166,480,656 121,053,714
Proceeds from sale of investment 80,694 5,805,858
Cash from acquisition 1,415,696 0
Net cash from sale of discontinued operations 1,666,666 24,413,595
Net cash provided by investing activities - continuing operations 17,288,745 7,119,943
Net cash provided by investing activities 17,288,745 7,119,943
CASH FLOWS FROM FINANCING ACTIVITIES:    
Tax payments related to shares withheld for vested restricted stock units (132,591) (191,465)
Stock repurchase (292,900) (3,450,053)
Cash used to redeem convertible notes (18,598,406) (960,000)
Net cash used in financing activities - continuing operations (19,023,897) (4,601,518)
Net cash used in financing activities (19,023,897) (4,601,518)
Net change in cash (1,452,325) 3,247,243
Cash and cash equivalents, beginning of period 6,042,986 2,795,743
Cash and cash equivalents, end of period 4,590,661 6,042,986
Supplemental disclosure of cash flow information:    
Cash (received) paid for taxes $ (1,629,767) $ 4,066,385