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CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 11,694,046 $ 10,302,732
Available-for-sale securities - municipal bonds 0 458,237
Accounts receivable, net of allowance of $30,000 2,272,854 2,557,443
Other current assets 494,466 589,072
Total current assets 14,461,366 13,907,484
Property and equipment, net 611,303 545,675
Operating lease right-to-use asset 2,059,776 2,200,031
Goodwill 1,954,460 1,954,460
Other assets 83,304 84,892
Total assets 19,170,209 18,692,542
Current liabilities:    
Unexpired subscription revenue 9,302,926 9,646,407
Accounts payable 73,467 130,089
Current portion of operating lease liability 173,442 161,874
Current portion of bank loan 1,561,500 1,299,007
Accrued expenses 1,757,390 1,822,485
Total current liabilities 12,868,725 13,059,862
Deferred taxes on income, net 433,989 333,432
Unexpired subscription revenue, less current portion 108,615 197,545
Bank loan, less current portion 0 262,493
Operating lease liability, less current portion 2,006,414 2,137,559
Total liabilities 15,417,743 15,990,891
Stockholders' equity:    
Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued 0 0
Common stock, $.01 par value; authorized 32,500,000 shares; issued and outstanding 10,722,401 shares 107,224 107,224
Additional paid-in capital 29,805,574 29,760,533
Accumulated deficit (26,160,332) (27,166,106)
Total stockholders' equity 3,752,466 2,701,651
Total liabilities and stockholders' equity $ 19,170,209 $ 18,692,542