v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 650,958 $ 686,611
Investment in securities, at fair value 34,608 0
Accounts receivable, net 514,910 521,605
Net finance leases receivable, current portion 67,257 62,145
Net finance leases receivable-non-performing, current portion 0 269,000
Investment in accounts receivable, current portion, net of discount 117,000 4,000
Convertible notes receivable, current portion 0 52,930
Prepaid expenses and other current assets 105,258 59,065
Employee advances and other receivable 2,380 4,421
Total current assets 1,492,371 1,659,777
Property and equipment    
Property and equipment 165,349 153,163
Accumulated depreciation and amortization (117,188) (121,542)
Property and equipment, net 48,161 31,621
Other assets    
Operating lease right-of-use assets 173,627 324,408
Finance lease right-of-use assets 283,929 169,692
Investment in account receivable, net of discount and current portion 326,420 381,512
Net finance leases receivable, net of current portion 326,448 382,727
Convertible notes receivable, net of current portion 81,035 25,191
Contractual interest in legal recovery 381,529 346,195
Deposits 9,575 9,575
Long term investments 204,528 209,697
Goodwill 1,426,182 1,426,182
Total other assets 3,213,273 3,275,179
Total assets 4,753,805 4,966,577
Current liabilities    
Accounts payable 65,358 74,120
Accrued expenses 271,659 217,764
Related party payable 0 27,472
Deferred revenue 17,819 22,653
Paycheck protection program loans, current portion 90,574 0
Finance lease liability, current portion 71,616 41,675
Operating lease liability, current portion 153,602 184,436
Term loan 4,499 24,017
Total current liabilities 675,127 592,137
Long-term liabilities    
Accrued salary, retirement, and incentive fee - related party 1,126,387 1,108,438
Paycheck protection program loans, net of current portion 371,066 0
Small business administration loan 151,172 0
Finance lease liability, net of current portion 186,003 112,418
Operating lease liability, net of current portion 29,739 140,900
Total long-term liabilities 1,864,367 1,361,756
Total liabilities 2,539,494 1,953,893
Commitments and Contingencies 0 0
Shareholders' equity    
Additional paid in capital 13,071,655  
Accumulated deficit (10,581,116) (9,875,206)
Non-controlling interest (278,513) (186,050)
Total shareholders' equity 2,214,311 3,012,684
Total liabilities and shareholders' equity $ 4,753,805 $ 4,966,577

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