Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash $ 2,429 $ 937
Accounts receivable, net 1,024 1,382
Prepaid expenses and other current assets 605 875
Total current assets 4,058 3,194
Capitalized software development costs, net 6,176 4,348
ERC receivable 1,528
Property and equipment, net 537 702
Operating lease right-of-use assets 1,473 2,177
Intangible assets, net 833 3,953
Goodwill 9,581 19,764
Other non-current assets 306 293
Total assets 24,492 34,431
Current liabilities    
Accounts payable 4,638 3,751
Accrued expenses 1,646 3,500
Accrued officers’ compensation 764 1,209
Advances on future receipts, net 1,641 4,181
Notes payable – related party, current 765 40
Notes payable, current 3,704
Convertible notes payable, current 1,334
Deferred incentive compensation to officers, current 521
Operating lease liabilities, current 476 592
Contract liabilities 1,340 986
Derivative liability 222 3,155
Total current liabilities 16,530 17,935
Long-term liabilities    
Notes payable, non-current 1,215 150
Notes payable – related party, non-current 725
Operating lease liabilities, non-current 1,581 2,299
Total liabilities 19,326 21,109
Commitments and contingencies (Note 16)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 15,000,000 shares authorized: Series A Convertible Preferred Stock, 6,000 shares authorized; 0 issued and outstanding as of December 31, 2022 and 2021
Common stock value 12 7
Additional paid-in capital 158,618 129,342
Accumulated deficit (153,464) (116,027)
Total stockholders’ equity 5,166 13,322
Total liabilities and stockholders’ equity 24,492 34,431
Common Class A [Member]    
Stockholders’ equity    
Common stock value
Common Class B [Member]    
Stockholders’ equity    
Common stock value