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BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 9,866,628 $ 12,381,521
Held-to-maturity securities - treasury bills 4,028,565 0
Accounts receivable, net of allowance of $30,000 3,500,259 2,803,236
Other current assets 656,379 581,149
Total current assets 18,051,831 15,765,906
Property and equipment, net 481,804 606,193
Operating lease right-of-use asset 1,816,505 2,012,155
Goodwill 1,954,460 1,954,460
Other assets 163,470 86,714
Total assets 22,468,070 20,425,428
Current liabilities:    
Unexpired subscription revenue 9,980,092 9,520,226
Accounts payable 245,854 358,307
Current portion of operating lease liability 193,953 177,485
Accrued expenses 2,216,376 1,745,290
Total current liabilities 12,636,275 11,801,308
Deferred taxes on income, net 332,566 407,805
Unexpired subscription revenue, less current portion 163,320 127,124
Operating lease liability, less current portion 1,766,174 1,960,127
Total liabilities 14,898,335 14,296,364
Commitments and contingencies
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 29,904,675 29,824,242
Accumulated deficit (22,442,164) (23,802,402)
Total stockholders' equity 7,569,735 6,129,064
Total liabilities and stockholders' equity $ 22,468,070 $ 20,425,428