Quarterly report [Sections 13 or 15(d)]

Condensed Statements of Cash Flows (Unaudited)

v3.25.3
Condensed Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES          
Net Loss $ (3,562,000) $ (3,632,000) $ (10,575,000) $ (11,347,000)  
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization     1,607,000 1,953,000  
Stock-based compensation     1,372,000 986,000  
Change in fair value of warrant liability (1,073,000) (198,000) (1,934,000) (1,104,000)  
Change in fair value of contingent consideration     0 (158,000)  
Change in fair value of debt     924,000 0  
Gain on sale of Minehut Assets     0 (144,000)  
Debt issuance costs 415,000 (0) 554,000 (0)  
Fair value of noncash legal settlement and other noncash charges     0 794,000  
Changes in operating assets and liabilities:          
Accounts receivable     1,040,000 3,772,000  
Prepaid expense and other current assets     (319,000) 263,000  
Accounts payable and accrued expense     (398,000) (3,309,000)  
Accrued contingent consideration     0 (17,000)  
Contract liabilities     763,000 (185,000)  
Accrued interest on note payable     0 0  
Net cash used in operating activities     (6,805,000) (8,160,000)  
CASH FLOWS FROM INVESTING ACTIVITIES          
Purchase of property and equipment     0 (23,000)  
Capitalization of software development costs     (200,000) (434,000)  
Other purchases of intangible assets     (35,000) 0  
Net cash provided by (used in) investing activities     923,000 (457,000)  
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from issuance of preferred stock, net of issuance costs     0 2,129,000  
Proceeds from issuance of common stock, net of issuance costs     1,945,000 0  
Proceeds from notes payable, net of debt issuance costs     7,607,000 0  
Payments on notes payable     (3,818,000) 0  
Advances from accounts receivable facility     429,000 1,033,000  
Payments on accounts receivable facility     (453,000) (1,833,000)  
Net cash provided by financing activities     5,633,000 1,297,000  
NET DECREASE IN CASH     (249,000) (7,320,000)  
Cash and Cash Equivalents – beginning of period     1,310,000 7,609,000 $ 7,609,000
Cash and Cash Equivalents – end of period 1,061,000 289,000 1,061,000 289,000 $ 1,310,000
Cash paid for interest     1,274,000 93,000  
SUPPLEMENTAL NONCASH, INVESTING AND FINANCING ACTIVITIES          
Issuance of equity securities in exchange for debt 4,700,000   4,920,000 0  
Issuance of Super biz Note in connection with extinguishment of accrued contingent consideration liability     0 1,765,000  
Settled Litigation [Member]          
SUPPLEMENTAL NONCASH, INVESTING AND FINANCING ACTIVITIES          
Issuance of common stock     0 1,270,000  
Series AAA Junior Preferred Stock [Member]          
SUPPLEMENTAL NONCASH, INVESTING AND FINANCING ACTIVITIES          
Issuance of common stock     0 294,000  
YP Exchange Agreement [Member]          
SUPPLEMENTAL NONCASH, INVESTING AND FINANCING ACTIVITIES          
Issuance of common stock     600,000 0  
Equity Purchase Agreement [Member]          
SUPPLEMENTAL NONCASH, INVESTING AND FINANCING ACTIVITIES          
Issuance of common stock     159,000 0  
Mineville [Member]          
CASH FLOWS FROM INVESTING ACTIVITIES          
Proceeds from sale of other productive assets     350,000 0  
Minehut [Member]          
CASH FLOWS FROM INVESTING ACTIVITIES          
Proceeds from sale of other productive assets     808,000 0  
Superbiz Acquisition [Member]          
Adjustments to reconcile net loss to net cash used in operating activities:          
Loss on extinguishment of liability $ 161,000 336,000 161,000 336,000  
CASH FLOWS FROM FINANCING ACTIVITIES          
Contingent consideration payments   $ 0   (38,000)  
SUPPLEMENTAL NONCASH, INVESTING AND FINANCING ACTIVITIES          
Issuance of common stock     336,000 0  
Stock issued in connects with payment of contingent consideration     0 38,000  
Melon Acquisition [Member]          
CASH FLOWS FROM FINANCING ACTIVITIES          
Contingent consideration payments     (77,000) (32,000)  
SUPPLEMENTAL NONCASH, INVESTING AND FINANCING ACTIVITIES          
Issuance of common stock     $ 8,000 $ 90,000