Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.19.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash $ 3,448,501 $ 4,303,480
Accounts receivable, net 395,146 295,626
Prepaid expenses and other current assets 367,068 328,612
Total current assets 4,210,715 4,927,718
Property and equipment, net 30,787 39,821
Capitalized software costs, net 548,652 659,092
Operating lease right-of-use asset 6,619 0
Other assets 3,525 3,525
TOTAL ASSETS 4,800,298 5,630,156
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 2,028,818 2,338,560
Deferred revenue 303,744 253,200
Lease liability 960 0
Total current liabilities 2,333,522 2,591,760
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, $0.0001 par value; 100,000,000 shares authorized, 4,042,713 and 1,633,394 issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 404 163
Additional paid in capital 35,146,753 32,791,951
Accumulated deficit (32,680,382) (29,753,721)
TOTAL STOCKHOLDERS' EQUITY 2,466,776 3,038,396
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 4,800,298 5,630,156
Series Seed Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series H Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series H-1 Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series H-2 Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series H-3 Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series H-4 Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock $ 1 $ 3