v3.23.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 470,732 $ 789,930
Investments in securities, fair value 5,614  
Accounts receivable, net 730,157 633,778
Other receivable 20,374 230,322
Prepaid expenses and other current assets 98,796 66,000
Total current assets 1,325,673 1,720,030
Property and equipment    
Property and equipment 441,077 355,725
Accumulated depreciation and amortization (259,199) (208,847)
Property and equipment, net 181,878 146,878
Other assets    
Operating lease right-of-use assets 323,875 370,164
Finance lease right-of-use assets 1,560,757 895,323
Investment in account receivable, net of discount and current portion 224,500 315,309
Security Deposit 22,477 25,575
Long term investments 104,431 94,431
Goodwill 1,426,182 1,426,182
Total other assets 3,662,222 3,126,984
Total assets 5,169,773 4,993,892
Current liabilities    
Accounts payable 51,632 32,092
Accrued expenses 602,529 658,743
Related Party Loans 50,545
Economic injury disaster loan, current portion 6,235 3,191
Finance lease liability, current portion 419,073 232,058
Operating lease liability, current portion 67,804 62,861
Current portion of long-term debt 29,011
Total current liabilities 1,197,818 1,017,956
Long-term liabilities    
Accrued salary, retirement, and incentive fee - related party 1,173,153 1,153,948
Economic injury disaster loan, net of current portion 51,797 157,869
Finance lease liability, net of current portion 1,069,810 575,852
Operating lease liability, net of current portion 256,071 307,303
Long term debt, net of current portion 54,865
Total long-term liabilities 2,550,831 2,249,837
Total liabilities 3,748,649 3,267,793
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, 2023 and December 31, 2022 [1]
Common stock, $0.0001 par value, 75,000,000 shares authorized; 22,686,105 and 22,941,357 shares issued and outstanding at September 30, 2023 and December 31, 2022 2,269 2,294
Additional paid in capital 13,078,134 13,085,993
Accumulated deficit (11,697,286) (11,345,465)
Non-controlling interest 38,007 (16,723)
Total shareholders’ equity 1,421,124 1,726,099
Total liabilities and shareholders’ equity $ 5,169,773 $ 4,993,892
[1] Par value is less than $0.01.

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