v3.21.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 9,608,788 $ 17,840,640
Restricted cash 508,261 500,000
Accounts receivable, net 1,647,619 1,753,547
Prepaid expenses and other current assets 2,194,221 2,458,727
Total current assets 13,958,889 22,552,914
Fixed assets, net 52,322 1,193,433
Investment, net 226,101 233,664
Capitalized software, net 6,167,413 3,925,739
Intangible assets, net 7,311,541 7,388,795
Goodwill 46,790,018 41,874,527
Total Assets 74,506,284 77,169,072
Current liabilities    
Accounts payable, accrued expenses and other accrued liabilities 5,185,519 3,188,576
Deferred revenue 908,256 843,900
Current portion of long-term debt 11,707,363
Derivative liability 160,201 311,376
Total current liabilities 6,253,976 16,051,215
Long-term debt, less current portion 3,834,001 3,895,237
Total liabilities 10,087,977 19,946,452
Commitments and contingencies (Note 7)
Equity:    
Preferred stock, par value $0.0001; 5,000,000 shares authorized, 1 share special voting preferred stock issued and outstanding at September 30, 2021 and December 31, 2020
Special voting preferred stock, par value $0.0001; 1 share authorized, issued and outstanding as of September 30, 2021 and December 31, 2020, with $1 preference in liquidation; exchangeable shares, no par value, 385,947 and 2,667,349 shares issued and outstanding as of September 30, 2021 and December 31, 2020 respectively (See Note 4) 2,952,495 20,405,219
Common stock, par value $0.0001; 75,000,000 shares authorized, 25,332,439 and 19,901,248 issued and outstanding at September 30, 2021 and December 31, 2020, respectively 2,717 1,990
Additional paid-in capital 132,803,659 94,086,433
Accumulated other comprehensive loss (44,639) (91,497)
Accumulated deficit (71,295,925) (57,179,525)
Total equity 64,418,307 57,222,620
Total liabilities and equity $ 74,506,284 $ 77,169,072

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