v3.21.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 444,239 $ 506,174
Investment in securities, at fair value 39,676 34,826
Accounts receivable, net 527,796 508,286
Net finance leases receivable, current portion 70,896 69,053
Investment in installment receivable, current portion 84,662 26,162
Convertible notes receivable, current portion 26,774 26,454
Prepaid expenses and other current assets 144,138 17,839
Employee advances and other receivable 200 1,050
Total current assets 1,338,381 1,189,844
Property and equipment    
Property and equipment 275,019 267,160
Accumulated depreciation and amortization (139,395) (129,974)
Property and equipment, net 135,624 137,186
Other assets    
Operating lease right-of-use assets 143,936 129,295
Finance lease right-of-use assets 529,143 296,078
Investment in account receivable, net of discount and current portion 260,624 303,896
Net finance leases receivable, net of current portion 286,756 306,898
Convertible notes receivable, net of current portion 56,257 55,584
Contractual interest in legal recovery 381,529 381,529
Deposits 9,575 9,575
Long term investments 205,028 205,028
Goodwill 1,426,182 1,426,182
Total other assets 3,299,030 3,114,065
Total assets 4,773,035 4,441,095
Current liabilities    
Accounts payable 48,466 18,813
Accrued expenses 367,375 259,934
Related party payable 20,000 20,000
Deferred revenue 14,573 16,198
Paycheck protection program loans, current portion 0 6,658
Finance lease liability, current portion 119,542 79,526
Operating lease liability, current portion 121,588 123,158
Current portion of long-term debt 15,696 15,566
Total current liabilities 707,240 539,853
Long-term liabilities    
Accrued salary, retirement, and incentive fee - related party 1,105,669 1,137,334
Related party loan 100,196 0
Paycheck protection program loans, net of current portion 76,681 2,791
Economic injury disaster loan 153,993 152,602
Finance lease liability, net of current portion 351,778 190,976
Operating lease liability, net of current portion 32,919 16,150
Long term debt, net of current portion 62,287 66,246
Total long-term liabilities 1,883,523 1,566,099
Total liabilities 2,590,763 2,105,952
Commitments and Contingencies 0 0
Shareholders' equity    
Preferred Stock, Value, Issued [1] 0 0
Common Stock, Value, Issued 2,285 2,285
Additional paid in capital 13,071,655 13,071,655
Accumulated deficit (10,748,154) (10,601,231)
Non-controlling interest (143,514) (137,566)
Total shareholders' equity 2,182,272 2,335,143
Total liabilities and shareholders' equity $ 4,773,035 $ 4,441,095
[1] * Par value is less than $0.01.

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