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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net (loss) income $ (1,063,647) $ (1,115,167)
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss from discontinued operations 0 335,993
Depreciation and amortization 94,768 107,827
Stock-based compensation 173,996 376,331
Amortization of right-of-use assets 50,872 64,038
Accretion of deferred acquisition consideration 0 27,370
Gain on lease termination (6,419) 0
Gain on Settlement of litigation 0 (1,442,468)
Equity in loss of affiliate 0 245,525
Changes in operating assets and liabilities:    
Accounts receivable 326,155 (105,385)
Prepaid expenses and other current assets 134,547 (45,561)
Other assets 0 58,682
Accounts payable 355,788 265,922
Contract liabilities (59,009) (110,753)
Accrued payroll and related liabilities and other accrued liabilities (126,502) 83,243
Operating lease liability (88,184) (101,357)
Commissions payable (30,223) (104,670)
Cash used in operating activities of continuing operations (237,858) (1,460,430)
Cash used in operating activities of discontinued operations 0 (693,106)
Net cash used in operating activities (237,858) (2,153,536)
Cash flows from investing activities    
Proceeds from disposal of business 0 935,974
Net cash provided by investing activities 0 935,974
Cash flows from financing activities    
(Repayments) borrowings under revolving line of credit (200,000) 575,000
Premium financing borrowings 0 305,759
Premium financing repayments 0 (119,644)
Proceeds from issuance of stock 0 56,266
Proceeds from exercise of stock options 0 7,400
Net cash (used in) provided by financing activities (200,000) 824,781
Net decrease in cash and cash equivalents (437,858) (392,781)
Cash and cash equivalents, beginning of period 681,995 731,081
Cash and cash equivalents, end of period 244,137 338,300
Supplemental cash flow Information    
Interest paid 23,298 18,356
Non-cash investing and financing activities:    
Non-cash proceeds on disposal of business $ 0 $ 1,263,000