v3.24.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
CONSOLIDATED BALANCE SHEETS    
Cash and cash equivalents $ 3,124,413 $ 298,614
Accounts receivable, net of provision for credit losses of $0 1,648,904 705,752
Prepaid expenses and other 913,030 16,039
Current assets:    
Payroll and income tax receivable 7,230 967,613
Total current assets 5,693,577 1,988,018
PROPERTY AND EQUIPMENT, NET 1,861 16,740
OTHER ASSETS    
Advances to founders 0 1,100,000
Other assets 182,333 0
Operating lease right of use asset 1,104,804 804,338
TOTAL ASSETS 6,982,575 3,909,096
CURRENT LIABILITIES:    
Accounts payable - trade 2,908,472 216,718
Advances from founders 1,750,000 600,000
Accrued expenses 200,531 120,662
Current portion of Small Business Loan 0 292,932
Senior Secured Convertible Promissory Note 2,825,366 0
Current portion of operating lease liability 174,876 628,371
Deferred revenue- current portion 4,008,654 4,168,016
Total current liabilities 11,867,899 6,026,699
NON-CURRENT LIABILITIES:    
Payable to founders 0 1,100,000
Small Business Loan- non-current 0 131,608
Operating lease liability, net of current portion 943,702 203,769
Warrant liability 667,985 0
Earnout liability 5,133,428 0
Deferred revenue- non-current 4,962,126 4,805,431
Total liabilities 23,575,140 12,267,507
STOCKHOLDERS' DEFICIT:    
Preferred stock - no par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of December 31, 2023 and 2022 0 0
Common stock - $0.0001 par value, 200,000,000 shares authorized, 22,812,048 and 13,387,344 shares issued and outstanding as of December 31, 2023 and 2022 2,281 1,339
Additional paid-in capital 0 1,964,669
Accumulated deficit (16,582,038) (10,314,313)
Accumulated other comprehensive loss (12,808) (10,106)
Total stockholders' deficit (16,592,565) (8,358,411)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 6,982,575 $ 3,909,096

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