v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 1,437,318 $ 453,939
Investment in securities at fair value 258 1,009
Accounts receivable, net 604,688 706,418
Other receivable 330,571 33,222
Net finance leases receivable, current portion 76,727
Investment in installment receivable, current portion 101,200
Convertible notes receivable, current portion 58,491
Prepaid expenses and other current assets 87,174 14,284
Employee advances 4,911 3,750
Total current assets 2,566,120 1,347,840
Property and equipment    
Property and equipment 343,124 299,526
Accumulated depreciation and amortization (192,712) (144,480)
Property and equipment, net 150,412 155,046
Other assets    
Operating lease right-of-use assets 12,376 41,128
Finance lease right-of-use assets 786,858 645,611
Investment in account receivable, net of discount and current portion 196,357 301,433
Net finance leases receivable, net of current portion 229,923
Convertible notes receivable, net of current portion 27,834
Contractual interest in legal recovery 396,666 396,666
Deposits 17,575 9,575
Long term investments 288,459 205,203
Goodwill 1,426,182 1,426,182
Total other assets 3,124,473 3,283,555
Total assets 5,841,005 4,786,441
Current liabilities    
Accounts payable 29,732 41,278
Accrued expenses 1,022,256 411,860
Related party payable 274,456 232,244
Deferred revenue 16,308
Economic injury disaster loan, current portion 3,343
Finance lease liability, current portion 200,310 167,515
Operating lease liability, current portion 12,376 42,058
Current portion of long-term debt 29,236 23,203
Total current liabilities 1,571,709 934,466
Long-term liabilities    
Accrued salary, retirement, and incentive fee - related party 1,147,451 1,127,865
Economic injury disaster loan 158,600 158,324
Finance lease liability, net of current portion 502,748 415,465
Operating lease liability, net of current portion 4,975
Long term debt, net of current portion 62,031 66,669
Total long-term liabilities 1,870,830 1,773,298
Total liabilities 3,442,539 2,707,764
Commitments and Contingencies
Shareholders’ equity    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized; 11 and 11 shares issued and outstanding at September 30, 2022 and December 31, 2021 [1]
Common stock, $0.0001 par value, 75,000,000 shares authorized; 22,941,357 and 22,850,947 shares issued and outstanding at September 30, 2022 and December 31, 2021 2,294 2,285
Additional paid in capital 13,085,992 13,071,655
Accumulated deficit (10,898,055) (10,874,079)
Non-controlling interest 208,235 (121,184)
Total shareholders’ equity 2,398,466 2,078,677
Total liabilities and shareholders’ equity $ 5,841,005 $ 4,786,441
[1] Par value is less than $0.01.

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