General form of registration statement for all companies including face-amount certificate companies

Consolidated Balance Sheets

v3.20.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Jun. 30, 2019
Current assets:    
Cash $ 24,155,828 $ 21,867,289
Restricted cash 500,000 500,000
Accounts receivable, net 1,861,534 1,257,274
Prepaid expenses and other current assets 1,215,341 577,674
Total current assets 27,732,703 24,202,237
Non-current assets:    
Fixed assets, net 131,095
Investment, net 246,308
Capitalized software, net 2,629,304
Intangible assets, net 7,493,975
Goodwill 20,254,309
Other non-current assets 41,925
Total Assets 58,529,619 24,202,237
Current liabilities:    
Accounts payable and accrued liabilities 4,861,928 1,818,116
Contingent consideration payable 389,000
Deferred revenue 368,685 624,387
Current portion of long-term debt 6,135,364
Total current liabilities 11,754,977 2,442,503
Long-term debt, less current portion 10,200,236
Total liabilities 21,955,213 2,442,503
Commitments and contingencies (Note 12)
Equity:    
Preferred stock, par value $0.0001; 5,000,000 shares authorized, none are issued and outstanding at June 30, 2020 and 2019
Common stock, par value $0.0001; 75,000,000 shares authorized, 13,258,707 issued and outstanding at June 30, 2020, and 10,589,746 shares authorized, issued and outstanding at June 30, 2019 1,321 1,059
Additional paid-in capital 72,906,924 47,325,421
Accumulated other comprehensive income 63,000
Accumulated deficit (41,101,091) (25,566,746)
Total stockholders' equity 31,870,154 21,759,734
Noncontrolling interests in consolidated subsidiary 4,704,252
Total equity 36,574,406 21,759,734
Total liabilities and equity $ 58,529,619 $ 24,202,237