Document And Entity Information
Document And Entity Information - shares | 6 Months Ended | |
Jun. 30, 2022 | Aug. 15, 2022 | |
Document Information [Line Items] | ||
Entity Central Index Key | 0001447380 | |
Entity Registrant Name | MOBIVITY HOLDINGS CORP. | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2022 | |
Document Type | 10-Q | |
Document Quarterly Report | true | |
Document Period End Date | Jun. 30, 2022 | |
Document Transition Report | false | |
Entity File Number | 000-53851 | |
Entity Incorporation, State or Country Code | NV | |
Entity Tax Identification Number | 26-3439095 | |
Entity Address, Address Line One | 3133 West Frye Road, # 215 | |
Entity Address, City or Town | Chandler | |
Entity Address, State or Province | AZ | |
Entity Address, Postal Zip Code | 85226 | |
City Area Code | 877 | |
Local Phone Number | 282-7660 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 59,661,385 |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) | Jun. 30, 2022 | Dec. 31, 2021 |
Current assets | ||
Cash | $ 1,091,460 | $ 735,424 |
Accounts receivable, net of allowance for doubtful accounts of $46,512 and $56,340, respectively | 828,170 | 578,303 |
Other current assets | 353,694 | 227,458 |
Total current assets | 2,273,324 | 1,541,185 |
Goodwill | 411,183 | 411,183 |
Right to use lease assets | 1,081,388 | 1,187,537 |
Intangible assets, net | 907,982 | 1,124,720 |
Other assets | 153,572 | 173,325 |
TOTAL ASSETS | 4,827,449 | 4,437,950 |
Current liabilities | ||
Accounts payable | 3,604,508 | 3,823,909 |
Accrued interest | 444,135 | 172,239 |
Accrued and deferred personnel compensation | 178,210 | 495,533 |
Deferred revenue and customer deposits | 302,979 | 377,170 |
Related party notes payable | 1,181,250 | 819,531 |
Notes payable, net - current maturities | 41,560 | 69,052 |
Operating lease liabilities | 240,064 | 229,240 |
Other current liabilities | 0 | 9,071 |
Total current liabilities | 5,992,706 | 5,995,745 |
Non-current liabilities | ||
Related party notes payable, net - long term | 2,633,032 | 2,498,711 |
Notes payable, net - long term | 49,373 | 39,086 |
Operating lease liability | 1,065,155 | 1,188,589 |
Total non-current liabilities | 3,747,560 | 3,726,386 |
Total liabilities | 9,740,266 | 9,722,131 |
Stockholders' equity (deficit) | ||
Common stock, $0.001 par value; 100,000,000 shares authorized; 59,661,385 and 55,410,695, shares issued and outstanding | 59,661 | 55,411 |
Equity payable | 100,862 | 100,862 |
Additional paid-in capital | 106,699,502 | 102,446,921 |
Accumulated other comprehensive income (loss) | (52,722) | (52,088) |
Accumulated deficit | (111,720,120) | (107,835,287) |
Total stockholders' equity (deficit) | (4,912,817) | (5,284,181) |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $ 4,827,449 | $ 4,437,950 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) | Jun. 30, 2022 | Dec. 31, 2021 |
Accounts receivable, allowance for doubtful accounts | $ 46,512 | $ 56,340 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized (in shares) | 100,000,000 | 100,000,000 |
Common stock, shares issued (in shares) | 59,661,385 | 55,410,695 |
Common stock, shares outstanding (in shares) | 59,661,385 | 55,410,695 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | |
Revenues | ||||
Revenues | $ 1,867,162 | $ 2,792,828 | $ 3,896,731 | $ 5,250,418 |
Cost of revenues | 1,202,749 | 1,272,141 | 2,377,697 | 2,313,936 |
Gross profit | 664,413 | 1,520,687 | 1,519,034 | 2,936,482 |
Operating expenses | ||||
General and administrative | 897,984 | 957,400 | 2,105,160 | 2,246,770 |
Sales and marketing | 566,270 | 1,111,693 | 1,163,771 | 2,008,443 |
Engineering, research, and development | 873,836 | 674,035 | 1,576,059 | 1,397,985 |
Goodwill impairment | 0 | 0 | 0 | 0 |
Impairment of intangible asset | 0 | 0 | 0 | 8,286 |
Depreciation and amortization | 110,421 | 183,584 | 234,733 | 341,811 |
Total operating expenses | 2,448,511 | 2,926,712 | 5,079,723 | 6,003,295 |
Loss from operations | (1,784,098) | (1,406,025) | (3,560,689) | (3,066,813) |
Other income/(expense) | ||||
Interest income | 0 | 0 | 0 | 5 |
Interest expense | (167,126) | (23,867) | (326,953) | (56,383) |
Loss on disposal of fixed assets | 0 | (880) | 0 | (880) |
Foreign currency gain (loss) | (510) | (1,774) | 2,809 | (2,248) |
Total other income/(expense) | (167,636) | (26,521) | (324,144) | (59,506) |
Loss before income taxes | (1,951,734) | (1,432,546) | (3,884,833) | (3,126,319) |
Income tax expense | 0 | 0 | 0 | 0 |
Net loss per share: | (1,951,734) | (1,432,546) | (3,884,833) | (3,126,319) |
Other comprehensive loss, net of income tax | ||||
Foreign currency translation adjustment | 12,261 | (9,241) | (634) | (18,919) |
Comprehensive loss | $ (1,939,473) | $ (1,441,787) | $ (3,885,467) | $ (3,145,238) |
Net loss per share: | ||||
Basic and Diluted (in dollars per share) | $ (0.03) | $ (0.03) | $ (0.07) | $ (0.06) |
Weighted average number of shares: | ||||
Basic and Diluted (in shares) | 58,602,319 | 55,410,695 | 57,921,596 | 55,410,695 |
Condensed Consolidated Statem_2
Condensed Consolidated Statement of Stockholders' Equity (Deficit) (Unaudited) - USD ($) | Common Stock [Member] | Equity Payable [Member] | Additional Paid-in Capital [Member] | AOCI Attributable to Parent [Member] | Retained Earnings [Member] | Total |
Balance, December 31, 2020 (in shares) at Dec. 31, 2020 | 55,410,695 | |||||
Balance, December 31, 2020 at Dec. 31, 2020 | $ 55,411 | $ 100,862 | $ 101,186,889 | $ (23,446) | $ (99,575,503) | $ 1,744,213 |
Fair value of options issued with related party debt | 119,103 | 119,103 | ||||
Stock based compensation | 0 | 0 | 504,076 | 0 | 0 | 504,076 |
Foreign currency translation adjustment | 0 | 0 | 0 | (18,919) | 0 | (18,919) |
Net loss | $ 0 | 0 | 0 | 0 | (3,126,319) | (3,126,319) |
Balance, December 31, 2020 (in shares) at Dec. 31, 2020 | 55,410,695 | |||||
Balance, December 31, 2020 at Dec. 31, 2020 | $ 55,411 | 100,862 | 101,186,889 | (23,446) | (99,575,503) | 1,744,213 |
Net loss | (8,300,000) | |||||
Balance, December 31, 2020 (in shares) at Dec. 31, 2021 | 55,410,695 | |||||
Balance, December 31, 2020 at Dec. 31, 2021 | $ 55,411 | 100,862 | 102,446,921 | (52,088) | (107,835,287) | (5,284,181) |
Fair value of options issued with related party debt | 0 | 0 | 54,855 | 0 | 0 | 54,855 |
Stock based compensation | 0 | 0 | 801,425 | 0 | 0 | 801,425 |
Foreign currency translation adjustment | 0 | 0 | 0 | (634) | 0 | (634) |
Net loss | $ 0 | $ 0 | $ 0 | $ 0 | $ (3,884,833) | $ (3,884,833) |
Consolidated Statement of Stock
Consolidated Statement of Stockholders' Equity (Deficit) (2) - USD ($) | Common Stock [Member] | Equity Payable [Member] | Additional Paid-in Capital [Member] | AOCI Attributable to Parent [Member] | Retained Earnings [Member] | Total |
Balance, December 31, 2020 (in shares) at Dec. 31, 2020 | 55,410,695 | |||||
Balance, December 31, 2020 at Dec. 31, 2020 | $ 55,411 | $ 100,862 | $ 101,186,889 | $ (23,446) | $ (99,575,503) | $ 1,744,213 |
Fair value of options issued with related party debt | 119,103 | 119,103 | ||||
Stock based compensation | 0 | 0 | 504,076 | 0 | 0 | 504,076 |
Foreign currency translation adjustment | 0 | 0 | 0 | (18,919) | 0 | (18,919) |
Net loss | $ 0 | 0 | 0 | 0 | (3,126,319) | (3,126,319) |
Balance, June 30, 2021 (in shares) at Jun. 30, 2021 | 55,410,695 | |||||
Balance, June 30, 2021 at Jun. 30, 2021 | $ 55,411 | 100,862 | 101,810,068 | (42,365) | (102,701,822) | (777,846) |
Balance, December 31, 2020 (in shares) at Dec. 31, 2020 | 55,410,695 | |||||
Balance, December 31, 2020 at Dec. 31, 2020 | $ 55,411 | 100,862 | 101,186,889 | (23,446) | (99,575,503) | 1,744,213 |
Net loss | (8,300,000) | |||||
Balance, June 30, 2021 (in shares) at Dec. 31, 2021 | 55,410,695 | |||||
Balance, June 30, 2021 at Dec. 31, 2021 | $ 55,411 | 100,862 | 102,446,921 | (52,088) | (107,835,287) | (5,284,181) |
Issuance of common stock for warrant exercise (in shares) | 3,188,190 | |||||
Issuance of common stock for warrant exercise | $ 3,188 | 0 | 2,547,364 | 0 | 0 | 2,550,552 |
Issuance of common stock for PIPE financing (in shares) | 1,062,500 | |||||
Issuance of common stock for PIPE financing | $ 1,062 | 848,937 | 0 | 849,999 | ||
Fair value of options issued with related party debt | 0 | 0 | 54,855 | 0 | 0 | 54,855 |
Stock based compensation | 0 | 0 | 801,425 | 0 | 0 | 801,425 |
Foreign currency translation adjustment | 0 | 0 | 0 | (634) | 0 | (634) |
Net loss | $ 0 | 0 | 0 | 0 | (3,884,833) | (3,884,833) |
Balance, June 30, 2021 (in shares) at Jun. 30, 2022 | 59,661,385 | |||||
Balance, June 30, 2021 at Jun. 30, 2022 | $ 59,661 | $ 100,862 | $ 106,699,502 | $ (52,722) | $ (111,720,120) | $ (4,912,817) |
Condensed Consolidated Statem_3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | Dec. 31, 2021 | |
OPERATING ACTIVITIES | |||||
Net loss | $ (1,951,734) | $ (1,432,546) | $ (3,884,833) | $ (3,126,319) | $ (8,300,000) |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||
Bad debt expense | 18,631 | 61,834 | |||
Stock-based compensation | 801,425 | 504,076 | |||
Loss on Disposal of Fixed Assets | 0 | 880 | |||
Impairment of intangible asset | 0 | 0 | 0 | 8,286 | |
Depreciation and amortization expense | 241,191 | 295,287 | |||
Amortization of Debt Discount | 50,895 | 0 | |||
Increase (decrease) in cash resulting from changes in: | |||||
Accounts receivable | (268,498) | (1,308,619) | |||
Other current assets | (123,940) | (38,087) | |||
Operating lease assets/liabilities | (6,461) | 46,525 | |||
Contracts receivable, long-term | 0 | 471,952 | |||
Other assets | 0 | 3,556 | |||
Accounts payable | (219,401) | 1,361,286 | |||
Accrued interest | 271,896 | (1,242) | |||
Accrued and deferred personnel compensation | (317,323) | 201,819 | |||
Other liabilities - non-current | 0 | (277,178) | |||
Other liabilities - current | (9,071) | 1,411 | |||
Deferred revenue and customer deposits | (74,191) | (97,861) | |||
Net cash used in operating activities | (3,519,680) | (1,892,394) | (4,500,000) | ||
INVESTING ACTIVITIES | |||||
Purchases of equipment | (6,993) | (78,458) | |||
Capitalized software development costs | 0 | (190,699) | |||
Net cash used in investing activities | (6,993) | (269,157) | |||
FINANCING ACTIVITIES | |||||
Payments on notes payable | (15,947) | (436,426) | |||
Payments on related party notes payable | 0 | (80,000) | |||
Proceeds from related party debt | 500,000 | 1,280,000 | |||
Proceeds from conversion of common stock warrants | 2,550,552 | 0 | |||
Proceeds from PIPE funding | 849,999 | 0 | |||
Net cash provided by (used in) financing activities | 3,884,604 | 763,574 | |||
Effect of foreign currency translation on cash flow | (1,895) | (10,549) | |||
Net change in cash | 356,036 | (1,408,526) | |||
Cash at beginning of period | 735,424 | 3,282,820 | 3,282,820 | ||
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations, Ending Balance | $ 1,091,460 | $ 1,874,294 | 1,091,460 | 1,874,294 | $ 735,424 |
Supplemental disclosures: | |||||
Lease adoption | 0 | 101,375 | |||
Non cash investing and financing analysis: | |||||
Fair Value of Options issued with related party debt | 54,855 | 0 | |||
Refinancing of debt-related party | 0 | 543,750 | |||
Fixed Asset Contribution by Lessor | 0 | 110,000 | |||
Initial ROU and asset and lease liability | 0 | 1,458,527 | |||
Debt Discount on related party debt | $ 0 | $ 119,103 |
Note 1 - Nature of Operations a
Note 1 - Nature of Operations and Basis of Presentation | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Business Description and Basis of Presentation [Text Block] | 1. Mobivity Holdings Corp. (the “Company” or “we”) is in the business of developing and operating proprietary platforms over which brands and enterprises can conduct national and localized, data-driven mobile marketing campaigns. Our proprietary platforms, consisting of software available to phones, tablets, PCs, and Point of Sale (“POS”) systems, allow resellers, brands and enterprises to market their products and services to consumers through text messages sent directly to consumers via mobile phones, mobile smartphone applications, and dynamically printed receipt content. On November 14, 2018, The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10 8 03 X not 10 December 31, 2021 March 30, 2022. In the opinion of management, such statements include all adjustments (consisting only of normal recurring items) which are considered necessary for a fair presentation of our condensed consolidated financial statements as of June 30, 2022 three six June 30, 2022 2021 three six June 30, 2022 not December 31, 2022. |
Note 2 - Summary of Significant
Note 2 - Summary of Significant Accounting Policies | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | 2. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Significant estimates used are those related to stock-based compensation, asset impairments, the valuation and useful lives of depreciable tangible and certain intangible assets, the fair value of common stock used in acquisitions of businesses, the fair value of assets and liabilities acquired in acquisitions of businesses, the fair value of options issued with related party debt, and the valuation allowance of deferred tax assets. Management believes that these estimates are reasonable; however, actual results may Reclassifications Certain prior year amounts have been reclassified to conform to the current year’s presentation. The reclassifications had no Acquisitions We account for acquired businesses using the purchase method of accounting. Under the purchase method, our consolidated financial statements reflect the operations of an acquired business starting from the completion of the acquisition. In addition, the assets acquired and liabilities assumed are recorded at the date of acquisition at their respective estimated fair values, with any excess of the purchase price over the estimated fair values of the net assets acquired recorded as goodwill. Cash and Cash Equivalents We minimize our credit risk associated with cash by periodically evaluating the credit quality of our primary financial institution. Our balances at times may not Accounts Receivable, Allowance for Doubtful Accounts and Concentrations Accounts receivable are carried at their estimated collectible amounts. We grant unsecured credit to substantially all of our customers. Ongoing credit evaluations are performed, and potential credit losses are charged to operations at the time the account receivable is estimated to be uncollectible. Since we cannot necessarily predict future changes in the financial stability of our customers, we cannot guarantee that our reserves will continue to be adequate. As of June 30, 2022 December 31, 2021 Goodwill and Intangible Assets Goodwill is tested for impairment at a minimum on an annual basis. Goodwill is tested for impairment at the reporting unit level by first not not may We conducted our annual impairment tests of goodwill as of December 31, 2021 Intangible assets consist of patents and trademarks, purchased customer contracts, purchased customer and merchant relationships, purchased trade names, purchased technology, non-compete agreements, and software development costs. Intangible assets are amortized over the period of estimated benefit using the straight-line method and estimated useful lives ranging from one twenty No The Company’s evaluation of its long-lived assets resulted in $0 and $8,286 of intangible impairment expense during the quarters ended June 30, 2022 June 30, 2021 Software Development Costs Software development costs include direct costs incurred for internally developed products and payments made to independent software developers and/or contract engineers. The Company accounts for software development costs in accordance with the Financial Accounting Standards Board guidance for the costs of computer software to be sold, leased, or otherwise marketed (Accounting Standards Codification subtopic 985 20, 985 20” not not Capitalized costs for those products that are cancelled or abandoned are charged to product development expense in the period of cancellation. Commencing upon product release, capitalized software development costs are amortized to “Amortization Expense - Development” based on the straight-line method over a twenty-four The Company evaluates the future recoverability of capitalized software development costs on an annual basis. For products that have been released in prior years, the primary evaluation criterion is ongoing relations with the customer. The Company’s evaluation of its capitalized software development assets resulted in impairment charges of $0 for the quarter ended June 30, 2022 December 31, 2021 Impairment of Long-Lived Assets We evaluate long-lived assets (including intangible assets) for impairment whenever events or changes in circumstances indicate that the carrying amount of a long-lived asset may not Foreign Currency Translation The Company translates the financial statements of its foreign subsidiary from the local (functional) currency into US Dollars using the year or reporting period end or average exchange rates in accordance with the requirements of ASC subtopic 830 10, Foreign Currency Matters 830 10” . Revenue Recognition and Concentrations Our Recurrency platform is a hosted solution. We generate revenue from licensing our software to clients in our software as a service model, per-message and per-minute transactional fees, and customized professional services. We recognize license/subscription fees over the period of the contract, service fees as the services are performed, and per-message or per-minute transaction revenue when the transaction takes place. Under Topic 606, no Accounting Standards Update (“ASU”) No. 2014 09, 606” January 1, 2018, We determine revenue recognition under ASC 606 ● identification of the contract, or contracts, with a customer; ● identification of the performance obligations in the contract; ● identification of the transaction price; ● allocation of the transaction price to the performance obligations in the contract; and ● recognition of revenue when, or as, we satisfy a performance obligation. During the six June 30, 2022 2021 Comprehensive Income (Loss) Comprehensive loss is defined as the change in equity during a period from transactions and other events and circumstances from non-owner sources. We are required to record all components of comprehensive loss in the consolidated financial statements in the period in which they are recognized. Net loss and other comprehensive loss, including foreign currency translation adjustments and unrealized gains and losses on investments, are reported, net of their related tax effect, to arrive at comprehensive loss. For the six June 30, 2022 2021 Stock-based Compensation We primarily issue stock-based awards to employees in the form of stock options. We determine compensation expense associated with stock options based on the estimated grant date fair value method using the Black-Scholes valuation model. We recognize compensation expense using a straight-line amortization method over the respective vesting period. Research and Development Expenditures Research and development expenditures are expensed as incurred, and consist primarily of compensation costs, outside services, and expensed materials. Advertising Expense Direct advertising costs are expensed as incurred and consist primarily of E-commerce advertisements, sales enablement, content creation, and other direct costs. Advertising expense was $188,825 and $368,219 for the six June 30, 2022 2021 six June 30, 2022 2021 Income Taxes We account for income taxes using the assets and liability method, which recognizes deferred tax assets and liabilities determined based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to affect taxable income. Valuation allowances are established to reduce deferred tax assets when, based on available objective evidence, it is more likely than not not not Net Loss Per Common Share Basic net loss per share excludes any dilutive effects of options, shares subject to repurchase and warrants. Diluted net loss per share includes the impact of potentially dilutive securities. During the three six June 30, 2022 2021 Recent Accounting Pronouncements Accounting standards promulgated by the FASB are subject to change. Changes in such standards may In August 2020, 2020 06, 2020 06” 2020 06 2020 06 January 1, 2022. |
Note 3 - Going Concern
Note 3 - Going Concern | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Substantial Doubt about Going Concern [Text Block] | 3. We have $1,091,460 of cash as of June 30, 2022 June 30, 2022 2021, February 2022. 12 no not 12 As shown in the accompanying financial statements, the Company has incurred net losses from operations resulting in an accumulated deficit of $111,720,120 as of June 30, 2022 twelve not |
Note 4 - Goodwill and Purchased
Note 4 - Goodwill and Purchased Intangibles | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Goodwill and Intangible Assets Disclosure [Text Block] | 4. Goodwill The carrying value of goodwill at each of June 30, 2022 December 31, 2021 The following table presents details of our purchased intangible assets as of June 30, 2022 December 31, 2021 Intangible assets Balance at December 31, 2021 Additions Impairments Amortization Fx and Other Balance at June 30, 2022 Patents and trademarks $ 57,595 $ — $ — $ (48,426 ) $ 3 $ 9,172 Customer and merchant relationships 545,533 — — $ (4,521 ) — 541,012 Trade names 32,393 — — $ (8,150 ) — 24,243 Acquired technology 112,191 — — $ (7,930 ) — 104,261 Non-compete agreements 29,212 — — $ (2,451 ) — 26,761 $ 776,924 $ — $ — $ (71,478 ) $ 3 $ 705,449 The intangible assets are being amortized on a straight-line basis over their estimated useful lives of one twenty Amortization expense for intangible assets was $32,590 and $35,736 for the three June 30, 2022 2021 Amortization expense for intangible assets was $71,478 and $71,740 for the six June 30, 2022 2021 The estimated future amortization expense of our intangible assets as of June 30, 2022 Year ending December 31, Amount 2022 $ 74,059 2023 145,606 2024 109,009 2025 101,261 2026 101,261 Thereafter 174,253 Total $ 705,449 |
Note 5 - Software Development C
Note 5 - Software Development Costs | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Research, Development, and Computer Software Disclosure [Text Block] | 5. The Company has capitalized certain costs for software developed or obtained for internal use during the application development stage as it relates to specific contracts. The amounts capitalized include external direct costs of services used in developing internal-use software and for payroll and payroll-related costs of employees directly associated with the development activities The following table presents details of our software development costs as of June 30, 2022 December 31, 2021 Balance at December 31, 2021 Additions Amortization Balance at June 30, 2022 Software Development Costs $ 347,796 $ — $ (145,263 ) $ 202,533 $ 347,796 $ — $ (145,263 ) $ 202,533 Software development costs are being amortized on a straight-line basis over their estimated useful life of two Amortization expense for software development costs was $71,974 and $105,539 for the three June 30, 2022 2021 Amortization expense for software development costs was $145,263 and $204,748 for the six June 30, 2022 2021 The estimated future amortization expense of software development costs as of June 30, 2022 Year ending December 31, Amount 2022 $ 110,238 2023 92,288 2024 7 2025 — 2026 — Thereafter — Total $ 202,533 |
Note 6 - Operating Lease Assets
Note 6 - Operating Lease Assets | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Lessee, Operating Leases [Text Block] | 6. The Company entered into a lease agreement on February 1, 2021 January 2027. first twelve 50% June 30, 2022 842, "842" The following are additional details related to leases recorded on our balance sheet as of June 30, 2022 Leases Classification Balance at June 30, 2022 Assets Current Operating lease assets Operating lease assets $ — Noncurrent Operating lease assets Noncurrent operating lease assets $ 1,081,388 Total lease assets $ 1,081,388 Liabilities Current Operating lease liabilities Operating lease liabilities $ 240,064 Noncurrent Operating lease liabilities Noncurrent operating lease liabilities $ 1,065,155 Total lease liabilities $ 1,305,219 The maturity analysis below summarizes the remaining future undiscounted cash flows for our operating leases, a reconciliation to operating lease liabilities reported on the Condensed Consolidated Balance Sheet, our weighted-average remaining lease term and weighted average discount rate: Year ending December 31, 2022 $ 159,052 2023 324,221 2024 330,894 2025 337,568 2026 344,241 Thereafter 28,733 Total future lease payments 1,524,709 Less: imputed interest (219,490 ) Total $ 1,305,219 Weighted Average Remaining Lease Term (years) Operating leases 5.6 Weighted Average Discount Rate Operating leases 6.75 % |
Note 7 - Notes Payable and Inte
Note 7 - Notes Payable and Interest Expense | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | 7. The following table presents details of our notes payable as of June 30, 2022 December 31, 2021 Facility Maturity Interest Rate Balance at June 30, 2022 Balance at December 31, 2021 ACOA Note February 1, 2024 — 59,860 76,642 TD Bank December 31, 2022 — 31,072 31,496 Related Party Note various 15 % 3,814,283 3,318,242 Total Debt 3,905,215 3,426,380 Less current portion (1,222,810 ) (888,583 ) Long-term debt, net of current portion $ 2,682,405 $ 2,537,797 ACOA Note On November 6, 2017, December 2, 2014 February 1, 2024. November 1, 2019, August 1, 2021, August 1, 2022, April- December 2020 19. six June 30, 2022 TD Bank Loan On April 22, 2020, December 31, 2022. zero no January 1, 2023. twenty-five seventy-five Related Party Notes On February 26, 2020, two fifteen may two On November 18, 2020, two two fifteen may two On December 31, 2020 December 31, 2020. December 31, 2020, On June 30, 2021, one November 19, 2021, June 30, 2022, June 30, 2024. fifteen may twenty three During the twelve December 31, 2021 December 31, 2021 . On July 1, 2021 fifteen no July 1, 2023. may two On June 10, 2022, June 30, 2022 Interest Expense Interest expense was $167,126 and $23,867 during the three June 30, 2022 2021 Interest expense was $326,953 and $56,383 during the six June 30, 2022 2021 |
Note 8 - Stockholders' Equity
Note 8 - Stockholders' Equity | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | 8. Equity Common Stock 2021 During the year ended December 31, 2021 not 2022 On February 9, 2022 three February 2025. On June 29, 2022 $849,999.and three June 2025. During the six June 30, 2022 As of June 30, 2022 Stock-based Plans Stock Option Activity The following table summarizes stock option activity for the six June 30, 2022 Options Outstanding at December 31, 2020 6,007,552 Granted 637,500 Exercised — Forfeited/canceled (272,029 ) Expired (126,557 ) Outstanding at December 31, 2021 6,246,466 Granted 195,000 Exercised — Forfeited/canceled (224,375 ) Expired (10,250 ) Outstanding at June 30, 2022 6,206,841 The weighted average exercise price of stock options granted during the period was $0.83 and the related weighted average grant date fair value was $0.54 per share. 2021 On March 26, 2021, March 26, 2021 first March 26, 2031. On May 2, 2021, May 2, 2021, first May 2, 2031. On August 11, 2021, August 11, 2021, first August 11, 2031. 2022 On March 29, 2022, March 29, 2022, first March 29, 2032. On May 16, 2022, three May 16, 2022, first March 29, 2032. Stock-Based Compensation Expense from Stock Options and Warrants The impact on our results of operations of recording stock-based compensation expense for the three six June 30, 2022 2021 Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 General and administrative $ 377,415 $ 79,758 $ 505,661 $ 163,888 Sales and marketing 22,344 31,068 35,211 63,813 Engineering, research, and development 64,059 43,606 130,549 86,658 $ 463,818 $ 154,432 $ 671,421 $ 314,359 Valuation Assumptions The fair value of each stock option award was calculated on the date of grant using the Black-Scholes option pricing model. The following weighted average assumptions were used for the six June 30, 2022 2021 Six Months Ended June 30, 2022 2021 Risk-free interest rate 2.55 % 1.01 % Expected life (years) 6.00 6.00 Expected dividend yield — % — % Expected volatility 72.59 % 74.16 % The risk-free interest rate assumption is based upon published interest rates appropriate for the expected life of our employee stock options. The expected life of the stock options represents the weighted-average period that the stock options are expected to remain outstanding and was determined based on historical experience of similar awards, giving consideration to the contractual terms of the stock-based awards, vesting schedules and expectations of future employee behavior as influenced by changes to the terms of the Company's stock-based awards. The dividend yield assumption is based on our history of not no The expected volatility in 2022 2021 Restricted stock units The following table summarizes restricted stock unit activity under our stock-based plans for the year ended December 31, 2021 six June 30, 2022 Shares Outstanding at December 31, 2020 1,436,728 Awarded 654,663 Released — Canceled/forfeited/expired (406,250 ) Outstanding at December 31, 2021 1,685,141 Awarded 132,588 Released — Canceled/forfeited/expired — Outstanding at June 30, 2022 1,817,729 Expected to vest at June 30, 2022 1,817,729 Vested at June 30, 2022 1,817,729 Unvested at June 30, 2022 — Unrecognized expense at June 30, 2022 $ — 2021 On March 26, 2021, first 2021. March 26, 2024, On March 26, 2021, March 26, 2021. forty eight 12 12 August 1, 2021. August 1, 2021, On May 12, 2021, second 2021. May 2, 2024, On August 11, 2021, third 2021. August 11, 2024, On December 15, 2021, December 15, 2024, 2022 On March 29, 2022 December 15, 2024, On May 16, 2022 December 15, 2024, In the six June 30, 2022 Stock Based Compensation from Restricted Stock The impact on our results of operations of recording stock-based compensation expense for restricted stock units for the three six June 30, 2022 2021 Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 General and administrative $ 65,002 $ 65,003 $ 130,004 $ 130,005 Sales and marketing $ — $ 56,018 $ — $ 59,712 $ 65,002 $ 121,021 $ 130,004 $ 189,717 As of June 30, 2022 Warrants The following table summarizes investor warrants as of June 30, 2022 December 31, 2021 2020 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Outstanding at December 31, 2020 2,691,459 $ 1.99 2.94 Granted 580,231 $ — — Exercised — $ — — Canceled/forfeited/expired (25,000 ) $ — — Outstanding at December 31, 2021 3,246,690 $ 2.26 3.59 Granted 4,368,905 $ — — Exercised (3,188,190 ) $ — — Canceled/forfeited/expired — $ — — Outstanding at June 30, 2022 4,427,405 $ 2.72 2.02 2020 On March 2, 2020 December 2020, December three 2021 On June 30, 2021, On August 11, 2021 As of September 30, 2021, 2023. 2024. 2022 On February 9, 2022 three February 2025. February 9, 2022. On June 29, 2022 six three February 2025, During the six June 30, 2022, June 30, 2022 |
Note 9 - Fair Value Measurement
Note 9 - Fair Value Measurements | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | 9. Fair value is defined as an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, the authoritative guidance establishes a three 1 2 3 no The following table presents assets that are measured and recognized at fair value as of June 30, 2022 Description Level 1 Level 2 Level 3 Gains (Losses) Goodwill (non-recurring) $ — $ — $ 411,183 $ — Intangibles, net (non-recurring) $ — $ — $ 907,982 $ — The following table presents assets that are measured and recognized at fair value as of December 31, 2021 Description Level 1 Level 2 Level 3 Gains (Losses) Goodwill (non-recurring) $ — $ — $ 411,183 $ — Intangibles, net (non-recurring) $ — $ — $ 1,124,720 $ — |
Note 10 - Commitments and Conti
Note 10 - Commitments and Contingencies | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | 10. Litigation As of the date of this report, there are no Operating Lease As described in Note 6, January 2027. first 12 June 30, 2022 842. |
Note 11 - Related Party Transac
Note 11 - Related Party Transactions | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 11. Unsecured Promissory Note Investments 2021 On July 1, 2021 fifteen no July 1, 2023. may two Secured Promissory Note Investments 2021 On June 30, 2021, one November 19, 2021, November 19, 2021, June 30, 2022 December 31, 2022 December 31, 2024. fifteen may twenty three 2022 On June 10, 2022 June 30, 2022, |
Note 12 - Subsequent Events
Note 12 - Subsequent Events | 6 Months Ended |
Jun. 30, 2022 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | 12. On August 3, 2022 June 2021. 2.1 August 9, 2022 |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 6 Months Ended |
Jun. 30, 2022 | |
Accounting Policies [Abstract] | |
Consolidation, Policy [Policy Text Block] | Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated. |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Significant estimates used are those related to stock-based compensation, asset impairments, the valuation and useful lives of depreciable tangible and certain intangible assets, the fair value of common stock used in acquisitions of businesses, the fair value of assets and liabilities acquired in acquisitions of businesses, the fair value of options issued with related party debt, and the valuation allowance of deferred tax assets. Management believes that these estimates are reasonable; however, actual results may |
Reclassification, Comparability Adjustment [Policy Text Block] | Reclassifications Certain prior year amounts have been reclassified to conform to the current year’s presentation. The reclassifications had no |
Business Combinations Policy [Policy Text Block] | Acquisitions We account for acquired businesses using the purchase method of accounting. Under the purchase method, our consolidated financial statements reflect the operations of an acquired business starting from the completion of the acquisition. In addition, the assets acquired and liabilities assumed are recorded at the date of acquisition at their respective estimated fair values, with any excess of the purchase price over the estimated fair values of the net assets acquired recorded as goodwill. |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents We minimize our credit risk associated with cash by periodically evaluating the credit quality of our primary financial institution. Our balances at times may not |
Receivable [Policy Text Block] | Accounts Receivable, Allowance for Doubtful Accounts and Concentrations Accounts receivable are carried at their estimated collectible amounts. We grant unsecured credit to substantially all of our customers. Ongoing credit evaluations are performed, and potential credit losses are charged to operations at the time the account receivable is estimated to be uncollectible. Since we cannot necessarily predict future changes in the financial stability of our customers, we cannot guarantee that our reserves will continue to be adequate. As of June 30, 2022 December 31, 2021 |
Goodwill and Intangible Assets, Policy [Policy Text Block] | Goodwill and Intangible Assets Goodwill is tested for impairment at a minimum on an annual basis. Goodwill is tested for impairment at the reporting unit level by first not not may We conducted our annual impairment tests of goodwill as of December 31, 2021 Intangible assets consist of patents and trademarks, purchased customer contracts, purchased customer and merchant relationships, purchased trade names, purchased technology, non-compete agreements, and software development costs. Intangible assets are amortized over the period of estimated benefit using the straight-line method and estimated useful lives ranging from one twenty No The Company’s evaluation of its long-lived assets resulted in $0 and $8,286 of intangible impairment expense during the quarters ended June 30, 2022 June 30, 2021 |
Internal Use Software, Policy [Policy Text Block] | Software Development Costs Software development costs include direct costs incurred for internally developed products and payments made to independent software developers and/or contract engineers. The Company accounts for software development costs in accordance with the Financial Accounting Standards Board guidance for the costs of computer software to be sold, leased, or otherwise marketed (Accounting Standards Codification subtopic 985 20, 985 20” not not Capitalized costs for those products that are cancelled or abandoned are charged to product development expense in the period of cancellation. Commencing upon product release, capitalized software development costs are amortized to “Amortization Expense - Development” based on the straight-line method over a twenty-four The Company evaluates the future recoverability of capitalized software development costs on an annual basis. For products that have been released in prior years, the primary evaluation criterion is ongoing relations with the customer. The Company’s evaluation of its capitalized software development assets resulted in impairment charges of $0 for the quarter ended June 30, 2022 December 31, 2021 |
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] | Impairment of Long-Lived Assets We evaluate long-lived assets (including intangible assets) for impairment whenever events or changes in circumstances indicate that the carrying amount of a long-lived asset may not |
Foreign Currency Transactions and Translations Policy [Policy Text Block] | Foreign Currency Translation The Company translates the financial statements of its foreign subsidiary from the local (functional) currency into US Dollars using the year or reporting period end or average exchange rates in accordance with the requirements of ASC subtopic 830 10, Foreign Currency Matters 830 10” . |
Revenue from Contract with Customer [Policy Text Block] | Revenue Recognition and Concentrations Our Recurrency platform is a hosted solution. We generate revenue from licensing our software to clients in our software as a service model, per-message and per-minute transactional fees, and customized professional services. We recognize license/subscription fees over the period of the contract, service fees as the services are performed, and per-message or per-minute transaction revenue when the transaction takes place. Under Topic 606, no Accounting Standards Update (“ASU”) No. 2014 09, 606” January 1, 2018, We determine revenue recognition under ASC 606 ● identification of the contract, or contracts, with a customer; ● identification of the performance obligations in the contract; ● identification of the transaction price; ● allocation of the transaction price to the performance obligations in the contract; and ● recognition of revenue when, or as, we satisfy a performance obligation. During the six June 30, 2022 2021 |
Comprehensive Income, Policy [Policy Text Block] | Comprehensive Income (Loss) Comprehensive loss is defined as the change in equity during a period from transactions and other events and circumstances from non-owner sources. We are required to record all components of comprehensive loss in the consolidated financial statements in the period in which they are recognized. Net loss and other comprehensive loss, including foreign currency translation adjustments and unrealized gains and losses on investments, are reported, net of their related tax effect, to arrive at comprehensive loss. For the six June 30, 2022 2021 |
Share-Based Payment Arrangement [Policy Text Block] | Stock-based Compensation We primarily issue stock-based awards to employees in the form of stock options. We determine compensation expense associated with stock options based on the estimated grant date fair value method using the Black-Scholes valuation model. We recognize compensation expense using a straight-line amortization method over the respective vesting period. |
Research and Development Expense, Policy [Policy Text Block] | Research and Development Expenditures Research and development expenditures are expensed as incurred, and consist primarily of compensation costs, outside services, and expensed materials. |
Advertising Cost [Policy Text Block] | Advertising Expense Direct advertising costs are expensed as incurred and consist primarily of E-commerce advertisements, sales enablement, content creation, and other direct costs. Advertising expense was $188,825 and $368,219 for the six June 30, 2022 2021 six June 30, 2022 2021 |
Income Tax, Policy [Policy Text Block] | Income Taxes We account for income taxes using the assets and liability method, which recognizes deferred tax assets and liabilities determined based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to affect taxable income. Valuation allowances are established to reduce deferred tax assets when, based on available objective evidence, it is more likely than not not not |
Earnings Per Share, Policy [Policy Text Block] | Net Loss Per Common Share Basic net loss per share excludes any dilutive effects of options, shares subject to repurchase and warrants. Diluted net loss per share includes the impact of potentially dilutive securities. During the three six June 30, 2022 2021 |
New Accounting Pronouncements, Policy [Policy Text Block] | Recent Accounting Pronouncements Accounting standards promulgated by the FASB are subject to change. Changes in such standards may In August 2020, 2020 06, 2020 06” 2020 06 2020 06 January 1, 2022. |
Note 4 - Goodwill and Purchas_2
Note 4 - Goodwill and Purchased Intangibles (Tables) | 6 Months Ended |
Jun. 30, 2022 | |
Notes Tables | |
Schedule of Finite-Lived Intangible Assets [Table Text Block] | Balance at December 31, 2021 Additions Impairments Amortization Fx and Other Balance at June 30, 2022 Patents and trademarks $ 57,595 $ — $ — $ (48,426 ) $ 3 $ 9,172 Customer and merchant relationships 545,533 — — $ (4,521 ) — 541,012 Trade names 32,393 — — $ (8,150 ) — 24,243 Acquired technology 112,191 — — $ (7,930 ) — 104,261 Non-compete agreements 29,212 — — $ (2,451 ) — 26,761 $ 776,924 $ — $ — $ (71,478 ) $ 3 $ 705,449 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | Year ending December 31, Amount 2022 $ 74,059 2023 145,606 2024 109,009 2025 101,261 2026 101,261 Thereafter 174,253 Total $ 705,449 |
Note 5 - Software Development_2
Note 5 - Software Development Costs (Tables) | 6 Months Ended |
Jun. 30, 2022 | |
Notes Tables | |
Research Development And Computer Software Disclosure [Table Text Block] | Balance at December 31, 2021 Additions Amortization Balance at June 30, 2022 Software Development Costs $ 347,796 $ — $ (145,263 ) $ 202,533 $ 347,796 $ — $ (145,263 ) $ 202,533 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | Year ending December 31, Amount 2022 $ 74,059 2023 145,606 2024 109,009 2025 101,261 2026 101,261 Thereafter 174,253 Total $ 705,449 |
Computer Software, Intangible Asset [Member] | |
Notes Tables | |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | Year ending December 31, Amount 2022 $ 110,238 2023 92,288 2024 7 2025 — 2026 — Thereafter — Total $ 202,533 |
Note 6 - Operating Lease Asse_2
Note 6 - Operating Lease Assets (Tables) | 6 Months Ended |
Jun. 30, 2022 | |
Notes Tables | |
Additional Details Related To Leases On Balance Sheet [Table Text Block] | Leases Classification Balance at June 30, 2022 Assets Current Operating lease assets Operating lease assets $ — Noncurrent Operating lease assets Noncurrent operating lease assets $ 1,081,388 Total lease assets $ 1,081,388 Liabilities Current Operating lease liabilities Operating lease liabilities $ 240,064 Noncurrent Operating lease liabilities Noncurrent operating lease liabilities $ 1,065,155 Total lease liabilities $ 1,305,219 |
Lessee, Operating Lease, Liability, Maturity [Table Text Block] | Year ending December 31, 2022 $ 159,052 2023 324,221 2024 330,894 2025 337,568 2026 344,241 Thereafter 28,733 Total future lease payments 1,524,709 Less: imputed interest (219,490 ) Total $ 1,305,219 |
Lease, Cost [Table Text Block] | Weighted Average Remaining Lease Term (years) Operating leases 5.6 Weighted Average Discount Rate Operating leases 6.75 % |
Note 7 - Notes Payable and In_2
Note 7 - Notes Payable and Interest Expense (Tables) | 6 Months Ended |
Jun. 30, 2022 | |
Notes Tables | |
Schedule of Debt [Table Text Block] | Facility Maturity Interest Rate Balance at June 30, 2022 Balance at December 31, 2021 ACOA Note February 1, 2024 — 59,860 76,642 TD Bank December 31, 2022 — 31,072 31,496 Related Party Note various 15 % 3,814,283 3,318,242 Total Debt 3,905,215 3,426,380 Less current portion (1,222,810 ) (888,583 ) Long-term debt, net of current portion $ 2,682,405 $ 2,537,797 |
Note 8 - Stockholders' Equity (
Note 8 - Stockholders' Equity (Tables) | 6 Months Ended |
Jun. 30, 2022 | |
Notes Tables | |
Share-Based Payment Arrangement, Option, Activity [Table Text Block] | Options Outstanding at December 31, 2020 6,007,552 Granted 637,500 Exercised — Forfeited/canceled (272,029 ) Expired (126,557 ) Outstanding at December 31, 2021 6,246,466 Granted 195,000 Exercised — Forfeited/canceled (224,375 ) Expired (10,250 ) Outstanding at June 30, 2022 6,206,841 |
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | Six Months Ended June 30, 2022 2021 Risk-free interest rate 2.55 % 1.01 % Expected life (years) 6.00 6.00 Expected dividend yield — % — % Expected volatility 72.59 % 74.16 % |
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block] | Shares Outstanding at December 31, 2020 1,436,728 Awarded 654,663 Released — Canceled/forfeited/expired (406,250 ) Outstanding at December 31, 2021 1,685,141 Awarded 132,588 Released — Canceled/forfeited/expired — Outstanding at June 30, 2022 1,817,729 Expected to vest at June 30, 2022 1,817,729 Vested at June 30, 2022 1,817,729 Unvested at June 30, 2022 — Unrecognized expense at June 30, 2022 $ — |
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Outstanding at December 31, 2020 2,691,459 $ 1.99 2.94 Granted 580,231 $ — — Exercised — $ — — Canceled/forfeited/expired (25,000 ) $ — — Outstanding at December 31, 2021 3,246,690 $ 2.26 3.59 Granted 4,368,905 $ — — Exercised (3,188,190 ) $ — — Canceled/forfeited/expired — $ — — Outstanding at June 30, 2022 4,427,405 $ 2.72 2.02 |
Restricted Stock Units (RSUs) [Member] | |
Notes Tables | |
Share-Based Payment Arrangement, Cost by Plan [Table Text Block] | Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 General and administrative $ 65,002 $ 65,003 $ 130,004 $ 130,005 Sales and marketing $ — $ 56,018 $ — $ 59,712 $ 65,002 $ 121,021 $ 130,004 $ 189,717 |
Stock Options and Warrants [Member] | |
Notes Tables | |
Share-Based Payment Arrangement, Cost by Plan [Table Text Block] | Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 General and administrative $ 377,415 $ 79,758 $ 505,661 $ 163,888 Sales and marketing 22,344 31,068 35,211 63,813 Engineering, research, and development 64,059 43,606 130,549 86,658 $ 463,818 $ 154,432 $ 671,421 $ 314,359 |
Note 9 - Fair Value Measureme_2
Note 9 - Fair Value Measurements (Tables) | 6 Months Ended |
Jun. 30, 2022 | |
Notes Tables | |
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] | Description Level 1 Level 2 Level 3 Gains (Losses) Goodwill (non-recurring) $ — $ — $ 411,183 $ — Intangibles, net (non-recurring) $ — $ — $ 907,982 $ — Description Level 1 Level 2 Level 3 Gains (Losses) Goodwill (non-recurring) $ — $ — $ 411,183 $ — Intangibles, net (non-recurring) $ — $ — $ 1,124,720 $ — |
Note 2 - Summary of Significa_2
Note 2 - Summary of Significant Accounting Policies (Details Textual) | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2022 USD ($) | Jun. 30, 2021 USD ($) | Jun. 30, 2022 USD ($) | Jun. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) | |
Accounts Receivable, Allowance for Credit Loss, Current | $ 46,512 | $ 46,512 | $ 56,340 | ||
Goodwill, Impairment Loss | 0 | $ 0 | 0 | $ 0 | 85,169 |
Impairment of Intangible Assets (Excluding Goodwill), Total | 0 | 0 | 0 | 8,286 | |
Impairment of Intangible Assets, Finite-Lived | 0 | ||||
Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total | (1,939,473) | $ (1,441,787) | (3,885,467) | (3,145,238) | |
Advertising Expense | 188,825 | 368,219 | |||
Marketing Expense | $ 12,300 | $ 4,698 | |||
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | |||||
Number of Major Customers | 2 | 2 | |||
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Two Customers [Member] | |||||
Concentration Risk, Percentage | 49% | 66% | |||
Computer Software, Intangible Asset [Member] | |||||
Finite-Lived Intangible Asset, Useful Life (Year) | 2 years | ||||
Impairment of Intangible Assets, Finite-Lived | $ 0 | $ 0 | |||
Minimum [Member] | |||||
Finite-Lived Intangible Asset, Useful Life (Year) | 1 year | ||||
Maximum [Member] | |||||
Finite-Lived Intangible Asset, Useful Life (Year) | 20 years |
Note 3 - Going Concern (Details
Note 3 - Going Concern (Details Textual) - USD ($) | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
Feb. 28, 2022 | Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | Dec. 31, 2021 | |
Cash, Cash Equivalents, and Federal Funds Sold, Total | $ 1,091,460 | $ 1,091,460 | ||||
Net Income (Loss) Attributable to Parent, Total | (1,951,734) | $ (1,432,546) | (3,884,833) | $ (3,126,319) | $ (8,300,000) | |
Net Cash Provided by (Used in) Operating Activities, Total | (3,519,680) | $ (1,892,394) | (4,500,000) | |||
Proceeds from Warrant Exercises | $ 2,550,553 | |||||
Retained Earnings (Accumulated Deficit), Total | $ (111,720,120) | $ (111,720,120) | $ (107,835,287) |
Note 4 - Goodwill and Purchas_3
Note 4 - Goodwill and Purchased Intangibles (Details Textual) - USD ($) | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | Dec. 31, 2021 | |
Goodwill, Ending Balance | $ 411,183 | $ 411,183 | $ 411,183 | ||
Amortization of Intangible Assets | $ 32,590 | $ 35,736 | $ 71,478 | $ 71,740 | |
Minimum [Member] | |||||
Finite-Lived Intangible Asset, Useful Life (Year) | 1 year | ||||
Maximum [Member] | |||||
Finite-Lived Intangible Asset, Useful Life (Year) | 20 years |
Note 4 - Goodwill and Purchas_4
Note 4 - Goodwill and Purchased Intangibles - Intangible Assets (Details) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | |
Balance at beginning of period | $ 776,924 | |||
Additions | 0 | |||
Impairment of Intangible Assets, Finite-Lived | 0 | |||
Amortization | $ (32,590) | $ (35,736) | (71,478) | $ (71,740) |
Fx and other | 3 | |||
Balance at end of period | 705,449 | 705,449 | ||
Patents and Trademarks [Member] | ||||
Balance at beginning of period | 57,595 | |||
Additions | 0 | |||
Impairment of Intangible Assets, Finite-Lived | 0 | |||
Amortization | (48,426) | |||
Fx and other | 3 | |||
Balance at end of period | 9,172 | 9,172 | ||
Customer Relationships [Member] | ||||
Balance at beginning of period | 545,533 | |||
Additions | 0 | |||
Impairment of Intangible Assets, Finite-Lived | 0 | |||
Amortization | (4,521) | |||
Fx and other | 0 | |||
Balance at end of period | 541,012 | 541,012 | ||
Trade Names [Member] | ||||
Balance at beginning of period | 32,393 | |||
Additions | 0 | |||
Impairment of Intangible Assets, Finite-Lived | 0 | |||
Amortization | (8,150) | |||
Fx and other | 0 | |||
Balance at end of period | 24,243 | 24,243 | ||
Developed Technology Rights [Member] | ||||
Balance at beginning of period | 112,191 | |||
Additions | 0 | |||
Impairment of Intangible Assets, Finite-Lived | 0 | |||
Amortization | (7,930) | |||
Fx and other | 0 | |||
Balance at end of period | 104,261 | 104,261 | ||
Noncompete Agreements [Member] | ||||
Balance at beginning of period | 29,212 | |||
Additions | 0 | |||
Impairment of Intangible Assets, Finite-Lived | 0 | |||
Amortization | (2,451) | |||
Fx and other | 0 | |||
Balance at end of period | $ 26,761 | $ 26,761 |
Note 4 - Goodwill and Purchas_5
Note 4 - Goodwill and Purchased Intangibles - Future Amortization Intangible Assets (Details) - USD ($) | Jun. 30, 2022 | Dec. 31, 2021 |
2022 | $ 74,059 | |
2023 | 145,606 | |
2024 | 109,009 | |
2025 | 101,261 | |
2026 | 101,261 | |
Thereafter | 174,253 | |
Total | $ 705,449 | $ 776,924 |
Note 5 - Software Development_3
Note 5 - Software Development Costs (Details Textual) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | |
Capitalized Computer Software, Amortization | $ 145,263 | |||
Computer Software, Intangible Asset [Member] | ||||
Finite-Lived Intangible Asset, Useful Life (Year) | 2 years | |||
Capitalized Computer Software, Amortization | $ 71,974 | $ 105,539 | $ 145,263 | $ 204,748 |
Note 5 - Software Development_4
Note 5 - Software Development Costs - Software Development Costs (Details) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | |
Balance | $ 347,796 | |||
Additions | 0 | |||
Amortization | (145,263) | |||
Balance | $ 202,533 | 202,533 | ||
Computer Software, Intangible Asset [Member] | ||||
Balance | 347,796 | |||
Additions | 0 | |||
Amortization | (71,974) | $ (105,539) | (145,263) | $ (204,748) |
Balance | $ 202,533 | $ 202,533 |
Note 5 - Software Development_5
Note 5 - Software Development Costs - Estimated Future Amortization Expense (Details) - USD ($) | Jun. 30, 2022 | Dec. 31, 2021 |
2022 | $ 74,059 | |
2023 | 145,606 | |
2024 | 109,009 | |
2025 | 101,261 | |
2026 | 101,261 | |
Thereafter | 174,253 | |
Total | 705,449 | $ 776,924 |
Computer Software, Intangible Asset [Member] | ||
2022 | 110,238 | |
2023 | 92,288 | |
2024 | 7 | |
2025 | 0 | |
2026 | 0 | |
Thereafter | 0 | |
Total | $ 202,533 |
Note 6 - Operating Lease Asse_3
Note 6 - Operating Lease Assets (Details Textual) | 6 Months Ended | |||
Feb. 01, 2021 USD ($) ft² | Jun. 30, 2022 USD ($) ft² | Jun. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) | |
Fixed Assets Contributed By Lessor | $ 0 | $ 110,000 | ||
Operating Lease, Right-of-Use Asset | 1,081,388 | $ 1,187,537 | ||
Operating Lease, Liability, Total | $ 1,305,219 | |||
Lease Ending January 2027 [Member] | ||||
Area of Real Estate Property (Square Foot) | ft² | 8,898 | 8,898 | ||
Deposit Assets, Total | $ 110,000 | |||
Fixed Assets Contributed By Lessor | 110,000 | |||
Operating Lease, Right-of-Use Asset | $ 1,081,388 | |||
Operating Lease, Liability, Total | 1,305,219 | |||
Lease Ending January 2027 [Member] | Minimum [Member] | ||||
Monthly Rental Expense | 25,953 | 25,953 | ||
Lease Ending January 2027 [Member] | Maximum [Member] | ||||
Monthly Rental Expense | $ 28,733 | $ 28,733 |
Note 6 - Operating Lease Asse_4
Note 6 - Operating Lease Assets - Additional Details Related To Lease (Details) - USD ($) | Jun. 30, 2022 | Dec. 31, 2021 |
Operating lease assets | $ 0 | |
Operating lease assets | 1,081,388 | |
Operating lease assets | 1,081,388 | $ 1,187,537 |
Operating lease liabilities | 240,064 | 229,240 |
Operating lease liabilities | 1,065,155 | $ 1,188,589 |
Total lease liabilities | $ 1,305,219 |
Note 6 - Operating Lease Asse_5
Note 6 - Operating Lease Assets - Schedule of Minimum Lease Payments (Details) | Jun. 30, 2022 USD ($) |
2022 | $ 159,052 |
2023 | 324,221 |
2024 | 330,894 |
2025 | 337,568 |
2026 | 344,241 |
Thereafter | 28,733 |
Total future lease payments | 1,524,709 |
Less: imputed interest | (219,490) |
Operating Lease, Liability, Total | $ 1,305,219 |
Note 6 - Operating Lease Asse_6
Note 6 - Operating Lease Assets - Weight Average Remaining Term and Discount Rate (Details) | Jun. 30, 2022 |
Weighted Average Remaining Lease Term (years) Operating leases (Year) | 5 years 7 months 6 days |
Weighted Average Discount Rate, Operating leases | 6.75% |
Note 7 - Notes Payable and In_3
Note 7 - Notes Payable and Interest Expense (Details Textual) | 3 Months Ended | 6 Months Ended | ||||||||||||||||||||
Aug. 09, 2022 USD ($) | Aug. 01, 2022 CAD ($) | Jun. 10, 2022 USD ($) | Nov. 19, 2021 USD ($) | Aug. 01, 2021 CAD ($) | Jul. 01, 2021 USD ($) shares | Jun. 30, 2021 USD ($) $ / shares | Dec. 31, 2020 USD ($) | Nov. 18, 2020 USD ($) | Nov. 01, 2019 CAD ($) | Nov. 06, 2017 CAD ($) | Jun. 30, 2022 USD ($) $ / shares shares | Jun. 30, 2021 USD ($) $ / shares | Jun. 30, 2022 USD ($) $ / shares shares | Jun. 30, 2022 CAD ($) | Jun. 30, 2021 USD ($) $ / shares | Aug. 03, 2022 USD ($) | Jun. 29, 2022 $ / shares shares | Feb. 09, 2022 $ / shares | Dec. 31, 2021 USD ($) shares | Apr. 22, 2020 USD ($) | Feb. 26, 2020 USD ($) | |
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 0.80 | $ 0.80 | ||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 118,215 | 118,215 | 1,062,500 | |||||||||||||||||||
Interest Expense, Debt, Total | $ 167,126 | $ 23,867 | $ 326,953 | $ 56,383 | ||||||||||||||||||
Acoa Note [Member] | ||||||||||||||||||||||
Repayments of Debt | 16,783 | |||||||||||||||||||||
Acoa Note [Member] | Livelenz [Member] | ||||||||||||||||||||||
Debt Instrument, Periodic Payment, Total | $ 4,000 | $ 3,500 | $ 3,000 | $ 2,215 | ||||||||||||||||||
Acoa Note [Member] | Livelenz [Member] | Subsequent Event [Member] | ||||||||||||||||||||||
Debt Instrument, Periodic Payment, Total | $ 4,500 | |||||||||||||||||||||
TD Bank [Member] | ||||||||||||||||||||||
Debt Instrument, Periodic Payment, Total | $ 0 | |||||||||||||||||||||
Debt Instrument, Face Amount | $ 40,000 | |||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 0% | 0% | ||||||||||||||||||||
Percent of Loan Forgiven | 25% | 25% | ||||||||||||||||||||
Percent of Loan Repaid Requirement for Forgiveness | 75% | 75% | ||||||||||||||||||||
Unsecured Note Issued February 26, 2020 [Member] | Certain Related Party [Member] | ||||||||||||||||||||||
Debt Instrument, Face Amount | $ 200,000 | |||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | 15% | ||||||||||||||||||||
Debt Instrument, Term (Year) | 2 years | 2 years | ||||||||||||||||||||
Debt Instrument, Prepayment Penalty | 2% | 2% | ||||||||||||||||||||
Unsecured Notes Issued November 18, 2020 [Member] | Certain Related Party [Member] | ||||||||||||||||||||||
Debt Instrument, Face Amount | $ 500,000 | |||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | 15% | ||||||||||||||||||||
Debt Instrument, Term (Year) | 2 years | |||||||||||||||||||||
Debt Instrument, Prepayment Penalty | 2% | 2% | ||||||||||||||||||||
Number of Notes Issued | 2 | |||||||||||||||||||||
Unsecured Notes Issued February 26 and November 18, 2020 [Member] | Certain Related Party [Member] | ||||||||||||||||||||||
Debt Conversion, Converted Instrument, Amount | $ 1,200,000 | |||||||||||||||||||||
Debt Conversion, Converted Instrument, Accrued Interest | 192,208 | |||||||||||||||||||||
Gain (Loss) on Extinguishment of Debt, Total | 668,260 | |||||||||||||||||||||
Notes Payable, Total | 580,000 | |||||||||||||||||||||
Interest Payable | $ 42,492 | |||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 4,550,000 | $ 4,550,000 | $ 4,550,000 | |||||||||||||||||||
Credit Agreement [Member] | ||||||||||||||||||||||
Interest Payable | $ 439,968 | $ 439,968 | ||||||||||||||||||||
Proceeds from Long-Term Lines of Credit | $ 500,000 | 3,706,250 | ||||||||||||||||||||
Proceeds from Long-Term Lines of Credit Including Interest | 3,978,125 | |||||||||||||||||||||
Interest Expense, Debt, Total | $ 271,875 | |||||||||||||||||||||
Credit Agreement [Member] | Director [Member] | ||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | 15% | ||||||||||||||||||||
Repayments of Long-Term Lines of Credit | $ 200,000 | |||||||||||||||||||||
Debt Instrument, Number Of Monthly Installments | 24 | 24 | ||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 1.67 | $ 1.67 | $ 1.67 | $ 1.67 | $ 1.67 | |||||||||||||||||
Warrant Exercisable Period, After Issuance Of Financing (Year) | 36 years | 36 months | 36 months | |||||||||||||||||||
Credit Facility Fee, Numerator | 20% | 20% | 20% | |||||||||||||||||||
Credit Facility Fee, Denominator Measurement Period (Year) | 30 years | 30 days | 30 days | |||||||||||||||||||
Warrant Vesting Period (Year) | 3 years | 3 years | 3 years | |||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 600,570 | |||||||||||||||||||||
Fair Value of Warrants Issued | $ 262,758 | |||||||||||||||||||||
Proceeds from Long-Term Lines of Credit | $ 3,706,250 | |||||||||||||||||||||
Credit Agreement [Member] | Subsequent Event [Member] | ||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 6,000,000 | |||||||||||||||||||||
Proceeds from Long-Term Lines of Credit | $ 300,000 | |||||||||||||||||||||
Unsecured Notes Issued July, 1, 2021 [Member] | Certain Investors Officers and Directors [Member] | ||||||||||||||||||||||
Debt Instrument, Face Amount | $ 271,875 | |||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | |||||||||||||||||||||
Debt Instrument, Prepayment Penalty | 2% | |||||||||||||||||||||
Payments for Commissions | $ 0 | |||||||||||||||||||||
Debt Conversion, Converted Instrument, Warrants or Options Issued (in shares) | shares | 33,017 | |||||||||||||||||||||
Unsecured Notes Issued July, 1, 2021 [Member] | Director [Member] | ||||||||||||||||||||||
Debt Instrument, Face Amount | $ 271,875 | |||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | |||||||||||||||||||||
Debt Instrument, Prepayment Penalty | 2% | |||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 3,500,000 | $ 3,500,000 | $ 3,500,000 | |||||||||||||||||||
Repayments of Long-Term Lines of Credit | $ 200,000 | |||||||||||||||||||||
Payments for Commissions | $ 0 | |||||||||||||||||||||
Debt Conversion, Converted Instrument, Warrants or Options Issued (in shares) | shares | 33,017 |
Note 7 - Notes Payable and In_4
Note 7 - Notes Payable and Interest Expense - Schedule of Notes Payable (Details) - USD ($) | Jun. 30, 2022 | Dec. 31, 2021 |
ACOA Note | $ 3,905,215 | $ 3,426,380 |
Less current portion | (1,222,810) | (888,583) |
Long-term debt, net of current portion | 2,682,405 | 2,537,797 |
Acoa Note [Member] | ||
ACOA Note | 59,860 | 76,642 |
TD Bank [Member] | ||
ACOA Note | $ 31,072 | 31,496 |
Related Party Note | 0% | |
Related Party Note [Member] | ||
ACOA Note | $ 3,814,283 | $ 3,318,242 |
Related Party Note | 15% |
Note 8 - Stockholders' Equity_2
Note 8 - Stockholders' Equity (Details Textual) | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended | |||||||||||||||
Jun. 29, 2022 USD ($) $ / shares shares | May 16, 2022 USD ($) $ / shares shares | Mar. 29, 2022 USD ($) $ / shares shares | Feb. 09, 2022 USD ($) $ / shares shares | Dec. 15, 2021 USD ($) $ / shares shares | Aug. 11, 2021 USD ($) $ / shares shares | Jun. 30, 2021 USD ($) $ / shares shares | May 12, 2021 USD ($) $ / shares shares | May 02, 2021 USD ($) $ / shares shares | Mar. 26, 2021 USD ($) $ / shares shares | Mar. 02, 2020 USD ($) $ / shares shares | Dec. 31, 2020 USD ($) $ / shares shares | Jun. 30, 2022 USD ($) shares | Sep. 30, 2021 USD ($) $ / shares shares | Jun. 30, 2021 USD ($) $ / shares shares | Mar. 31, 2021 USD ($) | Jun. 30, 2022 USD ($) $ / shares shares | Jun. 30, 2021 USD ($) $ / shares shares | Dec. 31, 2021 USD ($) shares | |
Number of Warrant Holders That Exercised Warrants | 17 | ||||||||||||||||||
Stock Issued During Period, Shares, Warrant Exercise (in shares) | shares | 3,188,190 | ||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 0.80 | $ 0.80 | |||||||||||||||||
Stock Issued During Period Value, Warrant Exercise | $ 849,999 | $ 2,550,553 | $ 2,550,552 | ||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 1,062,500 | 118,215 | 118,215 | ||||||||||||||||
Equity Amount Payable | $ 100,862 | $ 100,862 | $ 100,862 | ||||||||||||||||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ / shares | $ 0.83 | ||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares | $ 0.97 | $ 0.8289 | $ 1.75 | $ 1.48 | $ 1.80 | $ 0.54 | |||||||||||||
Number of Employees, Awards Granted | 1 | 1 | 1 | 5 | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | shares | 45,000 | 150,000 | 5,000 | 20,000 | 67,500 | 195,000 | 637,500 | ||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Month) | 36 months | 36 months | 36 months | 36 months | 36 months | ||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 72.59% | 74.16% | |||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value (in dollars per share) | $ / shares | $ 0.642608 | $ 0.54 | $ 1.12 | $ 0.93 | $ 1.16 | ||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Call Option Value | $ 28,917 | $ 81,035 | $ 5,606 | $ 18,628 | $ 78,492 | ||||||||||||||
Warrants and Rights Outstanding | 55,855 | $ 55,855 | |||||||||||||||||
Vesting on the First Anniversary [Member] | |||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 25% | 25% | 25% | 25% | 25% | ||||||||||||||
Inducement Warrant [Member] | |||||||||||||||||||
Stock Issued During Period, Shares, Warrant Exercise (in shares) | shares | 1,062,500 | ||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 1.50 | $ 1.50 | |||||||||||||||||
Stock Issued During Period Value, Warrant Exercise | $ 2,550,552 | ||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 1,062,500 | 3,188,190 | |||||||||||||||||
Warrants and Rights Outstanding, Term (Year) | 3 years | 3 years | |||||||||||||||||
Warrant Issuance One [Member] | |||||||||||||||||||
Number of Warrant Holders That Exercised Warrants | 1 | ||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 1 | ||||||||||||||||||
Stock Issued During Period Value, Warrant Exercise | $ 234,500 | ||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 234,500 | ||||||||||||||||||
Warrant Issuance Two [Member] | |||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 1.25 | ||||||||||||||||||
Stock Issued During Period Value, Warrant Exercise | $ 3,333,074 | ||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 2,666,459 | ||||||||||||||||||
Class of Warrant or Right, Outstanding (in shares) | shares | 2,691,459 | ||||||||||||||||||
Warrant Issuance Three [Member] | |||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 2 | $ 2.06 | |||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 2,666,459 | 2,666,459 | |||||||||||||||||
Warrant Issuance Four [Member] | |||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 1.67 | $ 1.67 | $ 1.67 | ||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 227,994 | 238,066 | 227,994 | 227,994 | |||||||||||||||
Warrant Exercisable Period, After Issuance Of Financing (Year) | 36 months | ||||||||||||||||||
Warrants and Rights Outstanding | $ 119,103 | $ 119,103 | $ 119,103 | ||||||||||||||||
Warrant Issuance Four Exercise Price [Member] | |||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 119,760 | $ 119,760 | $ 119,760 | ||||||||||||||||
Warrant Issuance Four Volume Weighted Average Price [Member] | |||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 108,234 | 108,234 | 108,234 | ||||||||||||||||
Warrant Issuance Five [Member] | |||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 10,072 | ||||||||||||||||||
Warrant Exercisable Period, After Issuance Of Financing (Year) | 36 months | ||||||||||||||||||
Warrants and Rights Outstanding | $ 5,285 | ||||||||||||||||||
Warrant Issuance [Member] | |||||||||||||||||||
Share-Based Payment Arrangement, Expense | $ 382,048 | ||||||||||||||||||
Stock Issued During Period, Shares, Warrant Exercise (in shares) | shares | 1,062,500 | ||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 0.80 | ||||||||||||||||||
Stock Issued During Period Value, Warrant Exercise | $ 850,000 | ||||||||||||||||||
Restricted Stock Units (RSUs) [Member] | |||||||||||||||||||
Share-Based Payment Arrangement, Expense | 65,002 | $ 121,021 | 130,004 | $ 189,717 | |||||||||||||||
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount | $ 0 | 0 | |||||||||||||||||
Restricted Stock Units (RSUs) [Member] | Board Of Directors [Member] | |||||||||||||||||||
Share-Based Payment Arrangement, Expense | $ 65,000 | $ 65,000 | $ 65,000 | 130,004 | $ 260,005 | ||||||||||||||
Number of Employees, Awards Granted | 4 | 4 | 4 | 4 | 4 | 4 | |||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares | 54,168 | 78,420 | 42,484 | 37,143 | 38,924 | 36,112 | |||||||||||||
Share-Based Compensation Arrangement By Share Based Payment Award, Equity Instruments Other Than Options, Grants In Period, Value | $ 65,002 | $ 65,002 | $ 65,000 | $ 65,000 | $ 65,002 | $ 65,002 | |||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Intrinsic Value, Amount Per Share (in dollars per share) | $ / shares | $ 1.20 | $ 0.829 | $ 1.53 | $ 1.75 | $ 1.67 | $ 1.80 | |||||||||||||
Restricted Stock Units (RSUs) [Member] | Employees [Member] | |||||||||||||||||||
Share-Based Payment Arrangement, Expense | $ 289,373 | $ 187,501 | |||||||||||||||||
Number of Employees, Awards Granted | 1 | ||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares | 1,000,000 | ||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Intrinsic Value, Amount Per Share (in dollars per share) | $ / shares | $ 1.80 | ||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Eligible for Accelerated Vesting, Number (in shares) | shares | 300,000 | ||||||||||||||||||
Restricted Stock Units (RSUs) [Member] | Employees [Member] | Share-Based Payment Arrangement, Tranche One [Member] | |||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 50% | ||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Month) | 48 months | ||||||||||||||||||
Restricted Stock Units (RSUs) [Member] | Employees [Member] | Share-Based Payment Arrangement, Tranche Two [Member] | |||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 15% | ||||||||||||||||||
Share-Based Awards, Vesting Measurement, Revenue Threshold | $ 25,000,000 | ||||||||||||||||||
Restricted Stock Units (RSUs) [Member] | Employees [Member] | Share-Based Payment Arrangement, Tranche Three [Member] | |||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 35% | ||||||||||||||||||
Share-Based Awards, Vesting Measurement, Revenue Threshold | $ 50,000,000 | ||||||||||||||||||
Warrants [Member] | |||||||||||||||||||
Share-Based Payment Arrangement, Expense | $ 382,048 | ||||||||||||||||||
Share-Based Payment Arrangement, Option [Member] | |||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 73.45% | 72.33% | 73.29% | 74.79% | 73.97% |
Note 8 - Stockholders' Equity -
Note 8 - Stockholders' Equity - Stock Option Activity (Details) - shares | 6 Months Ended | 12 Months Ended | |||||
May 16, 2022 | Mar. 29, 2022 | Aug. 11, 2021 | May 02, 2021 | Mar. 26, 2021 | Jun. 30, 2022 | Dec. 31, 2021 | |
Outstanding at December 31, 2020 (in shares) | 6,246,466 | 6,007,552 | |||||
Granted (in shares) | 45,000 | 150,000 | 5,000 | 20,000 | 67,500 | 195,000 | 637,500 |
Forfeited/canceled (in shares) | (224,375) | (272,029) | |||||
Expired (in shares) | (10,250) | (126,557) | |||||
Outstanding at December 31, 2021 (in shares) | 6,206,841 | 6,246,466 |
Note 8 - Stockholders' Equity_3
Note 8 - Stockholders' Equity - Stock-based Compensation Expense for Stock Options and Warrants (Details) - Stock Options and Warrants [Member] - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | |
Share-based compensation expense | $ 463,818 | $ 154,432 | $ 671,421 | $ 314,359 |
General and Administrative Expense [Member] | ||||
Share-based compensation expense | 377,415 | 79,758 | 505,661 | 163,888 |
Selling and Marketing Expense [Member] | ||||
Share-based compensation expense | 22,344 | 31,068 | 35,211 | 63,813 |
Research and Development Expense [Member] | ||||
Share-based compensation expense | $ 64,059 | $ 43,606 | $ 130,549 | $ 86,658 |
Note 8 - Stockholders' Equity_4
Note 8 - Stockholders' Equity - Stock Option Valuation Assumption (Details) | 6 Months Ended | |
Jun. 30, 2022 | Jun. 30, 2021 | |
Risk-free interest rate | 2.55% | 1.01% |
Expected life (years) (Year) | 6 years | 6 years |
Expected dividend yield | 0% | 0% |
Expected volatility | 72.59% | 74.16% |
Note 8 - Stockholders' Equity_5
Note 8 - Stockholders' Equity - Restricted Stock Unit Activity Under Stock-based Plans (Details) - Restricted Stock Units (RSUs) [Member] - shares | 6 Months Ended | 12 Months Ended | |
Jun. 30, 2022 | Jun. 30, 2022 | Dec. 31, 2021 | |
Outstanding (in shares) | 1,685,141 | 1,436,728 | |
Awarded (in shares) | 132,588 | 654,663 | |
Canceled/forfeited/expired (in shares) | 0 | (406,250) | |
Outstanding (in shares) | 1,817,729 | 1,817,729 | 1,685,141 |
Expected to vest at June 30, 2022 (in shares) | 1,817,729 | 1,817,729 | |
Vested at June 30, 2022 (in shares) | 1,817,729 |
Note 8 - Stockholders' Equity_6
Note 8 - Stockholders' Equity - Stock-based Compensation for Restricted Stock Units (Details) - Restricted Stock Units (RSUs) [Member] - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | |
Share-based compensation expense | $ 65,002 | $ 121,021 | $ 130,004 | $ 189,717 |
General and Administrative Expense [Member] | ||||
Share-based compensation expense | 65,002 | 65,003 | 130,004 | 130,005 |
Selling and Marketing Expense [Member] | ||||
Share-based compensation expense | $ 0 | $ 56,018 | $ 0 | $ 59,712 |
Note 8 - Stockholders' Equity_7
Note 8 - Stockholders' Equity - Summary of Investor Warrant Activity (Details) - Investor Warrant [Member] - $ / shares | 6 Months Ended | 12 Months Ended | |
Jun. 30, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Outstanding (in shares) | 3,246,690 | 2,691,459 | |
Outstanding (in dollars per share) | $ 2.72 | $ 2.26 | $ 1.99 |
Outstanding at December 31, 2020 (in dollars per share) | $ 2.02 | $ 3.59 | $ 2.94 |
Granted (in shares) | 4,368,905 | 580,231 | |
Exercised (in shares) | (3,188,190) | 0 | |
Canceled/forfeited/expired (in shares) | 0 | (25,000) | |
Outstanding (in shares) | 4,427,405 | 3,246,690 | 2,691,459 |
Note 9 - Fair Value Measureme_3
Note 9 - Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) | Jun. 30, 2022 | Dec. 31, 2021 |
Fair Value, Inputs, Level 1 [Member] | ||
Goodwill (non-recurring) | $ 0 | $ 0 |
Intangibles, net (non-recurring) | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | ||
Goodwill (non-recurring) | 0 | 0 |
Intangibles, net (non-recurring) | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | ||
Goodwill (non-recurring) | 411,183 | 411,183 |
Intangibles, net (non-recurring) | $ 907,982 | $ 1,124,720 |
Note 10 - Commitments and Con_2
Note 10 - Commitments and Contingencies (Details Textual) | 6 Months Ended | ||
Feb. 01, 2021 USD ($) ft² | Jun. 30, 2022 USD ($) ft² | Dec. 31, 2021 USD ($) | |
Operating Lease, Right-of-Use Asset | $ 1,081,388 | $ 1,187,537 | |
Operating Lease, Liability, Total | $ 1,305,219 | ||
Lease Ending January 2027 [Member] | |||
Area of Real Estate Property (Square Foot) | ft² | 8,898 | 8,898 | |
Lessee, Operating Lease, Abatement Percentage | 50% | ||
Operating Lease, Right-of-Use Asset | $ 1,081,388 | ||
Operating Lease, Liability, Total | 1,305,219 | ||
Lease Ending January 2027 [Member] | Minimum [Member] | |||
Monthly Rental Expense | $ 25,953 | 25,953 | |
Lease Ending January 2027 [Member] | Maximum [Member] | |||
Monthly Rental Expense | $ 28,733 | $ 28,733 |
Note 11 - Related Party Trans_2
Note 11 - Related Party Transactions (Details Textual) | 3 Months Ended | 6 Months Ended | ||||||||
Jun. 10, 2022 USD ($) | Nov. 19, 2021 USD ($) | Jul. 01, 2021 USD ($) shares | Jun. 30, 2021 USD ($) $ / shares | Jun. 30, 2022 USD ($) $ / shares | Jun. 30, 2021 USD ($) $ / shares | Jun. 30, 2022 USD ($) $ / shares | Jun. 30, 2021 USD ($) $ / shares | Jun. 29, 2022 $ / shares | Feb. 09, 2022 $ / shares | |
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 0.80 | $ 0.80 | ||||||||
Interest Expense, Debt, Total | $ 167,126 | $ 23,867 | $ 326,953 | $ 56,383 | ||||||
Credit Agreement [Member] | ||||||||||
Proceeds from Long-Term Lines of Credit | $ 500,000 | 3,706,250 | ||||||||
Proceeds from Long-Term Lines of Credit Including Interest | 3,978,125 | |||||||||
Interest Expense, Debt, Total | 271,875 | |||||||||
Interest Payable | $ 439,968 | $ 439,968 | ||||||||
Director [Member] | Unsecured Notes Issued July, 1, 2021 [Member] | ||||||||||
Debt Instrument, Face Amount | $ 271,875 | |||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | |||||||||
Debt Instrument, Prepayment Penalty | 2% | |||||||||
Payments for Commissions | $ 0 | |||||||||
Debt Conversion, Converted Instrument, Warrants or Options Issued (in shares) | shares | 33,017 | |||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 3,500,000 | $ 3,500,000 | $ 3,500,000 | |||||||
Repayments of Long-Term Lines of Credit | $ 200,000 | |||||||||
Director [Member] | Credit Agreement [Member] | ||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | 15% | ||||||||
Repayments of Long-Term Lines of Credit | $ 200,000 | |||||||||
Long-Term Line of Credit, Total | $ 3,978,125 | $ 3,978,125 | ||||||||
Proceeds from Long-Term Lines of Credit | 3,706,250 | |||||||||
Line Of Credit Facility, Increase From Conversion Of Notes Payable | $ 271,875 | |||||||||
Debt Instrument, Number Of Monthly Installments | 24 | |||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 1.67 | $ 1.67 | $ 1.67 | $ 1.67 | $ 1.67 | |||||
Warrant Exercisable Period, After Issuance Of Financing (Year) | 36 years | 36 months | ||||||||
Credit Facility Fee, Numerator | 20% | 20% | ||||||||
Credit Facility Fee, Denominator Measurement Period (Year) | 30 years | 30 days | ||||||||
Warrant Vesting Period (Year) | 3 years | 3 years |
Note 12 - Subsequent Events (De
Note 12 - Subsequent Events (Details Textual) - Credit Agreement [Member] - USD ($) | 6 Months Ended | |||
Aug. 09, 2022 | Jun. 10, 2022 | Jun. 30, 2022 | Aug. 03, 2022 | |
Proceeds from Long-Term Lines of Credit | $ 500,000 | $ 3,706,250 | ||
Subsequent Event [Member] | ||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 6,000,000 | |||
Proceeds from Long-Term Lines of Credit | $ 300,000 |