Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 2,569,000 $ 2,482,000
Accounts receivable 5,226,000 6,134,000
Prepaid expense and other current assets 1,083,000 1,381,000
Total current assets 8,878,000 9,997,000
Property and Equipment, net 110,000 147,000
Intangible assets, net 16,152,000 20,066,000
Goodwill 1,864,000 0
Total assets 27,004,000 30,210,000
Current Liabilities    
Accounts payable 5,755,000 6,697,000
Accrued contingent consideration 1,485,000 3,206,000
Contract liabilities 269,000 111,000
Convertible note payable and accrued interest 0 679,000
Total current liabilities 7,509,000 10,693,000
Accrued contingent consideration – long term 656,000 0
Warrant liability 1,764,000 0
Deferred taxes 0 313,000
Total liabilities 9,929,000 11,006,000
Commitments and Contingencies  
Stockholders’ Equity    
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; 19,892 and 10,323 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 0 0
Common stock, par value $0.001 per share; 100,000,000 shares authorized; 48,334,818 and 37,605,973 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 57,000 47,000
Additional paid-in capital 241,833,000 229,900,000
Accumulated deficit (224,815,000) (210,743,000)
Total stockholders’ equity 17,075,000 19,204,000
Total liabilities and stockholders’ equity $ 27,004,000 $ 30,210,000