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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating activities:    
Net loss $ (10,389,653) $ (13,106,539)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,655,368 2,598,957
Amortization of Right of Use Assets-Finance Leases 96,190 103,926
Stock based compensation 1,986,296 2,350,314
(Gain) Loss on marketable securities (14,668) 435,554
Amortization of financing fees 8,333 2,500
Provision for doubtful accounts 786,549 1,265,143
Stock warrant (income) expense (7,905) 33,043
Deferred income tax benefit (17,764) 0
Derecognition of contingencies and grant 0 (10,000)
Change in operating assets and liabilities:    
Accounts receivable 1,106,387 (3,119,222)
Referral and support services agreement advance 300,000 300,000
Prepaid expenses, other current assets and other assets (263,569) 578,009
Accounts payable (1,612,682) 3,200,086
Accrued expenses and other liabilities 2,813,043 (205,762)
Net cash used in operating activities (2,554,075) (5,573,991)
Investing activities:    
Purchases of equipment and capitalized development costs (1,682,683) (1,689,869)
Purchase of marketable securities 0 (1,693,963)
Proceeds from the sale of marketable securities 2,288,873 1,717,707
Net cash provided by (used in) investing activities 606,190 (1,666,125)
Financing activities:    
Gross proceeds from line of credit 592,868 0
Repayments on line of credit (592,868) 0
Proceeds from sale of common stock, net of expenses 3,665,000 0
Payments on finance/capital leases (102,340) (107,539)
Net taxes paid on RSU grants exercised (166,872) (196,894)
Proceeds from at-the-market sales 61,136 0
Net cash provided by/(used in) financing activities 3,456,924 (304,433)
Net change - cash 1,509,039 (7,544,549)
Cash, beginning of year 2,931,415 10,475,964
Cash, end of year 4,440,454 2,931,415
Supplemental information:    
Interest paid 105,148 18,612
Non-cash investing and financing activities:    
Assets purchased under finance lease obligations 0 70,774
Acquisition of right of use asset for operating lease liability $ 1,105,148 $ 0