Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash $ 17,197 $ 4,353
Prepaid expenses and other current assets 375 331
Total current assets 17,572 4,684
Capitalized software development costs, net 3,491 3,990
ERC receivable 2,263 1,528
Property and equipment, net 102 43
Operating lease right-of-use assets 190 218
Intangible assets, net 155 117
Other non-current assets 259 259
Total assets 24,032 10,839
Current liabilities    
Accounts payable 1,124 1,408
Accrued expenses 2,180 2,324
Accrued payroll 355 420
Accrued officers’ compensation 648
Notes payable, current 16 1,787
Accrued interest 533
Operating lease liabilities, current 72 67
Preferred dividend payable 141
Derivative liability 1
Total current liabilities 3,888 7,188
Long-term liabilities    
Notes payable, non-current 112 362
Operating lease liabilities, non-current 123 164
Total liabilities 4,123 7,714
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock, value 13 2
Additional paid-in capital 198,511 175,765
Accumulated deficit (180,939) (175,622)
Total stockholders’ equity 19,909 3,125
Total liabilities and stockholders’ equity 24,032 10,839
Series C Preferred Stock [Member]    
Stockholders’ equity    
Series C Preferred Stock, $0.0001 par value, 5,000 shares authorized, 2,495 and 3,000 shares issued and outstanding as of June 30, 2024 and December 31, 2023 2,324 2,980
Common Class A [Member]    
Stockholders’ equity    
Common stock, value