Document And Entity Information
Document And Entity Information - shares | 9 Months Ended | |
Sep. 30, 2022 | Nov. 14, 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 | Q3 | |
Document Fiscal Year Focus | 2022 | |
Document Type | 10-Q | |
Document Quarterly Report | true | |
Document Period End Date | Sep. 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 | 61,311,155 |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) | Sep. 30, 2022 | Dec. 31, 2021 |
Current assets | ||
Cash | $ 1,016,745 | $ 735,424 |
Accounts receivable, net of allowance for doubtful accounts $59,190 and $56,340, respectively | 869,965 | 578,303 |
Other current assets | 252,504 | 227,458 |
Total current assets | 2,139,214 | 1,541,185 |
Goodwill | 411,183 | 411,183 |
Right to use lease assets | 1,032,132 | 1,187,537 |
Intangible assets, net | 584,369 | 1,124,720 |
Other assets | 153,756 | 173,325 |
TOTAL ASSETS | 4,320,654 | 4,437,950 |
Current liabilities | ||
Accounts payable | 3,636,629 | 3,823,909 |
Accrued interest | 443,448 | 172,239 |
Accrued and deferred personnel compensation | 298,316 | 495,533 |
Deferred revenue and customer deposits | 613,997 | 377,170 |
Related party notes payable, net - current maturities | 1,812,500 | 819,531 |
Notes payable, net - current maturities | 35,875 | 69,052 |
Operating lease liabilities | 245,816 | 229,240 |
Other current liabilities | 142,238 | 9,071 |
Total current liabilities | 7,228,819 | 5,995,745 |
Non-current liabilities | ||
Related party notes payable, net - long term | 2,315,607 | 2,498,711 |
Notes payable, net - long term | 36,666 | 39,086 |
Operating lease liability | 1,001,579 | 1,188,589 |
Total non-current liabilities | 3,353,852 | 3,726,386 |
Total liabilities | 10,582,671 | 9,722,131 |
Stockholders' equity (deficit) | ||
Common stock, $0.001 par value; 100,000,000 shares authorized; 61,311,155 and 55,410,695, shares issued and outstanding | 61,311 | 55,411 |
Equity payable | 100,862 | 100,862 |
Additional paid-in capital | 108,273,597 | 102,446,921 |
Accumulated other comprehensive income (loss) | (128,950) | (52,088) |
Accumulated deficit | (114,568,837) | (107,835,287) |
Total stockholders' equity (deficit) | (6,262,017) | (5,284,181) |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $ 4,320,654 | $ 4,437,950 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) | Sep. 30, 2022 | Dec. 31, 2021 |
Accounts receivable, allowance for doubtful accounts | $ 59,190 | $ 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) | 61,311,155 | 55,410,695 |
Common stock, shares outstanding (in shares) | 61,311,155 | 55,410,695 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Revenues | ||||
Revenues | $ 1,890,437 | $ 2,311,548 | $ 5,787,168 | $ 7,561,966 |
Cost of revenues | 1,806,022 | 1,008,703 | 4,183,719 | 3,322,639 |
Gross profit | 84,415 | 1,302,845 | 1,603,449 | 4,239,327 |
Operating expenses | ||||
General and administrative | 983,428 | 1,245,085 | 3,088,588 | 3,491,855 |
Sales and marketing | 614,600 | 978,968 | 1,778,371 | 2,987,411 |
Engineering, research, and development | 784,804 | 678,209 | 2,360,863 | 2,076,194 |
Impairment of intangible asset | 238,143 | 0 | 238,143 | 8,286 |
Depreciation and amortization | 118,317 | 182,663 | 353,050 | 524,474 |
Total operating expenses | 2,739,292 | 3,084,925 | 7,819,015 | 9,088,220 |
Loss from operations | (2,654,877) | (1,782,080) | (6,215,566) | (4,848,893) |
Other income/(expense) | ||||
Interest income | 0 | 0 | 0 | 5 |
Other Income | 0 | 891,103 | 0 | 891,103 |
Interest expense | (193,501) | (88,331) | (520,454) | (144,714) |
Loss on disposal of fixed assets | 0 | 0 | 0 | (880) |
Foreign currency gain (loss) | (339) | (4,329) | 2,470 | (6,577) |
Total other income/(expense) | (193,840) | 798,443 | (517,984) | 738,937 |
Loss before income taxes | (2,848,717) | (983,637) | (6,733,550) | (4,109,956) |
Income tax expense | 0 | 0 | 0 | 0 |
Net loss | (2,848,717) | (983,637) | (6,733,550) | (4,109,956) |
Other comprehensive loss, net of income tax | ||||
Foreign currency translation adjustment | (76,228) | (13,150) | (76,862) | (22,391) |
Comprehensive loss | $ (2,924,945) | $ (996,787) | $ (6,810,412) | $ (4,132,347) |
Net loss per share: | ||||
Basic (in dollars per share) | $ (0.05) | $ (0.02) | $ (0.12) | $ (0.07) |
Diluted (in dollars per share) | $ (0.05) | $ (0.02) | $ (0.12) | $ (0.07) |
Weighted average number of shares: | ||||
Basic (in shares) | 60,297,083 | 55,410,695 | 58,544,432 | 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 (in shares) at Dec. 31, 2020 | 55,410,695 | |||||
Balance 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 | 0 | 0 | 124,388 | 0 | 0 | 124,388 |
Stock based compensation | 0 | 0 | 751,878 | 0 | 0 | 751,878 |
Foreign currency translation adjustment | 0 | 0 | 0 | (22,391) | 0 | (22,391) |
Net loss | $ 0 | 0 | 0 | 0 | (4,109,956) | (4,109,956) |
Balance (in shares) at Sep. 30, 2021 | 55,410,695 | |||||
Balance at Sep. 30, 2021 | $ 55,411 | 100,862 | 102,063,155 | (45,837) | (103,685,459) | (1,511,868) |
Balance (in shares) at Dec. 31, 2020 | 55,410,695 | |||||
Balance at Dec. 31, 2020 | $ 55,411 | 100,862 | 101,186,889 | (23,446) | (99,575,503) | 1,744,213 |
Net loss | (4,100,000) | |||||
Balance (in shares) at Dec. 31, 2021 | 55,410,695 | |||||
Balance 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 | 73,469 | 0 | 0 | 73,469 |
Stock based compensation | 0 | 0 | 994,384 | 0 | 0 | 994,384 |
Foreign currency translation adjustment | 0 | 0 | 0 | (76,862) | 0 | (76,862) |
Net loss | $ 0 | 0 | 0 | 0 | (6,733,550) | (6,733,550) |
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) | 2,562,500 | |||||
Issuance of common stock for PIPE financing | $ 2,562 | 0 | 2,047,438 | 0 | 0 | 2,050,000 |
Issuance of common stock for Settlement of Interest Payable on Related Party Debt (in shares) | 149,770 | |||||
Issuance of common stock for Settlement of Interest Payable on Related Party Debt | $ 150 | 0 | 164,021 | 0 | 0 | 164,171 |
Balance (in shares) at Sep. 30, 2022 | 61,311,155 | |||||
Balance at Sep. 30, 2022 | $ 61,311 | $ 100,862 | $ 108,273,597 | $ (128,950) | $ (114,568,837) | $ (6,262,017) |
Condensed Consolidated Statem_3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Dec. 31, 2021 | |
OPERATING ACTIVITIES | |||||
Net loss | $ (2,848,717) | $ (983,637) | $ (6,733,550) | $ (4,109,956) | $ (4,100,000) |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||
Loss on Settelment of Debt - related party | 2,421 | 0 | |||
Bad debt expense | 45,685 | 72,773 | |||
Stock-based compensation | 994,384 | 751,878 | |||
Loss on Disposal of Fixed Assets | 0 | 880 | |||
Impairment of intangible asset | 238,143 | 0 | 238,143 | 8,286 | |
Gain on Forgiveness of Debt | 0 | (891,103) | |||
Depreciation and amortization expense | 353,050 | 448,062 | |||
Amortization of Debt Discount | 83,334 | 9,833 | |||
Increase (decrease) in cash resulting from changes in: | |||||
Accounts receivable | (337,347) | (1,402,518) | |||
Other current assets | (17,148) | 99,614 | |||
Operating lease assets/liabilities | (15,029) | 76,414 | |||
Contracts receivable, long-term | 0 | 707,928 | |||
Other assets | 0 | 4,475 | |||
Accounts payable | (187,280) | 1,368,027 | |||
Accrued interest | 432,959 | 69,330 | |||
Accrued and deferred personnel compensation | (195,975) | 258,916 | |||
Right to Use Lease | (415,767) | ||||
Other liabilities - non-current | 0 | 0 | |||
Other liabilities - current | 133,167 | (135,273) | |||
Deferred revenue and customer deposits | 236,827 | (111,310) | |||
Net cash used in operating activities | (4,966,359) | (3,189,511) | (3,200,000) | ||
INVESTING ACTIVITIES | |||||
Purchases of equipment | (18,712) | (78,217) | |||
Capitalized software development costs | (12,030) | (310,546) | |||
Net cash used in investing activities | (30,742) | (388,763) | |||
FINANCING ACTIVITIES | |||||
Payments on notes payable | (29,145) | (490,174) | |||
Payments on related party notes payable | 0 | (80,000) | |||
Proceeds from related party debt | 800,000 | 1,456,250 | |||
Proceeds from conversion of common stock warrants | 2,550,552 | 0 | |||
Proceeds from PIPE funding | 2,050,000 | 0 | |||
Net cash provided by (used in) financing activities | 5,371,407 | 886,076 | |||
Effect of foreign currency translation on cash flow | (92,985) | (21,726) | |||
Net Change in cash | 281,321 | (2,713,924) | |||
Cash at beginning of period | 735,424 | 3,282,820 | 3,282,820 | ||
Cash at end of period | $ 1,016,745 | $ 568,896 | 1,016,745 | 568,896 | $ 735,424 |
Non cash investing and financing analysis: | |||||
Interest Paid | 0 | 66,237 | |||
Fair Value of Options issued with related party debt | 73,469 | 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 | 124,388 | |||
Conversion of Related Party Debt into Common Stock [Member] | |||||
Non cash investing and financing analysis: | |||||
Shares issued for settlement of debt - related party | $ 161,750 | $ 0 |
Note 1 - Nature of Operations a
Note 1 - Nature of Operations and Basis of Presentation | 9 Months Ended |
Sep. 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 September 30, 2022 three nine September 30, 2022 2021 three nine September 30, 2022 not December 31, 2022. |
Note 2 - Summary of Significant
Note 2 - Summary of Significant Accounting Policies | 9 Months Ended |
Sep. 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 did not 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 September 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 $238,143 and $8,286 of intangible impairment expenses during the nine September 30, 2022 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 ("FASB") 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 canceled or abandoned are charged to product development expenses 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 September 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 nine September 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 a comprehensive loss. For the nine September 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 trade shows, sales enablement, content creation, paid engagement and other direct costs. Advertising expense was $315,540 and $698,761 for the nine September 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 nine September 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 | 9 Months Ended |
Sep. 30, 2022 | |
Notes to Financial Statements | |
Substantial Doubt about Going Concern [Text Block] | 3. We had $1.0 millioin of cash as of September 30, 2022. nine 2021, February 2022 As shown in the accompanying financial statements, the Company has incurred net losses from operations resulting in an accumulated deficit of $114.6 million as of September 30, 2022 12 not |
Note 4 - Goodwill and Purchased
Note 4 - Goodwill and Purchased Intangibles | 9 Months Ended |
Sep. 30, 2022 | |
Notes to Financial Statements | |
Goodwill and Intangible Assets Disclosure [Text Block] | 4. Goodwill The carrying value of goodwill at each of September 30, 2022 December 31, 2021 The following table presents details of our purchased intangible assets as of September 30, 2022 December 31, 2021 Intangible assets Balance at December 31, 2021 Additions Impairments Amortization Fx and Other Balance at September 30, 2022 Patents and trademarks $ 57,595 $ — $ — $ (3,676 ) $ 3 $ 53,919 Customer and merchant relationships 545,533 — (238,143 ) $ (72,635 ) — 234,755 Trade names 32,393 — — $ (6,781 ) — 25,612 Acquired technology 112,191 — — $ (12,224 ) — 99,967 Non-compete agreements 29,212 — — $ (11,895 ) — 17,317 $ 776,924 $ — $ (238,143 ) $ (107,211 ) $ 3 $ 431,570 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 $35,724 and $35,738 for the three September 30, 2022 2021 Amortization expense for intangible assets was $107,211 and $107,478 for the nine September 30, 2022 2021 The estimated future amortization expense of our intangible assets as of September 30, 2022 Year ending December 31, Amount 2022 $ 35,736 2023 140,436 2024 103,840 2025 59,042 2026 23,793 Thereafter 68,723 Total $ 431,570 |
Note 5 - Software Development C
Note 5 - Software Development Costs | 9 Months Ended |
Sep. 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 September 30, 2022 December 31, 2021 Balance at December 31, 2021 Additions Amortization Balance at September 30, 2022 Software Development Costs $ 347,796 $ 12,030 $ (207,027 ) $ 152,799 $ 347,796 $ 12,030 $ (207,027 ) $ 152,799 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 $61,764 and $104,870 for the three September 30, 2022 2021 Amortization expense for software development costs was $207,027 and $309,618 for the nine September 30, 2022 2021 The estimated future amortization expense of software development costs as of September 30, 2022 Year ending December 31, Amount 2022 $ 50,478 2023 98,300 2024 4,021 2025 — 2026 — Thereafter — Total $ 152,799 |
Note 6 - Operating Lease Assets
Note 6 - Operating Lease Assets | 9 Months Ended |
Sep. 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% September 30, 2022 842, "842" The following are additional details related to leases recorded on our balance sheet as of September 30, 2022 Leases Classification Balance at September 30, 2022 Assets Current Operating lease assets Operating lease assets $ — Noncurrent Operating lease assets Noncurrent operating lease assets $ 1,032,132 Total lease assets $ 1,032,132 Liabilities Current Operating lease liabilities Operating lease liabilities $ 245,816 Noncurrent Operating lease liabilities Noncurrent operating lease liabilities $ 1,001,579 Total lease liabilities $ 1,247,395 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 $ 79,526 2023 324,221 2024 330,894 2025 337,568 2026 344,241 Thereafter 28,733 Total future lease payments 1,445,183 Less: imputed interest (197,788 ) Total $ 1,247,395 Weighted Average Remaining Lease Term (years) Operating leases 5.9 Weighted Average Discount Rate Operating leases 6.75 % |
Note 7 - Notes Payable and Inte
Note 7 - Notes Payable and Interest Expense | 9 Months Ended |
Sep. 30, 2022 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | 7. The following table presents details of our notes payable as of September 30, 2022 December 31, 2021 Facility Maturity Interest Rate Balance at September 30, 2022 Balance at December 31, 2021 ACOA Note February 1, 2024 — 43,510 76,642 TD Bank December 31, 2022 — 29,031 31,496 Related Party Note various 15 % 4,128,107 3,318,242 Total Debt 4,200,648 3,426,380 Less current portion (1,848,375 ) (888,583 ) Long-term debt, net of current portion $ 2,352,273 $ 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. nine September 30, 2022 Chase Loan On April 10, 2020, two one six no may July 21, 2021, TD Bank Loan On April 22, 2020, December 31, 2023. zero no December 31, 2023. thirty-three sixty-seven Related Party Notes Secured Promissory Notes On June 30, 2021, one September 30, 2022. December 31, 2021, The loan is secured by all of our tangible and intangible assets including intellectual property. This loan bears interest on the unpaid balance at the rate of fifteen may twenty three June 30, 2022, June 30, 2024. August 13, 2022, 24 January 31, 2022, July 1, 2022 December 31, 2022 On June 10, 2022, On August 09, 2022 During the nine September 30, 2022, September 30, 2022. As of September 30, 2022, On November 13, 2022, 2.3 24 January 31, 2023 not fifteen 365 July 1, 2022, December 31, 2022, Unsecured Promissory Note On July 1, 2021, fifteen no December 31, 2023. may two On August 13, 2022, July 31, 2022, December 31, 2022. July 1, 2022, December 31, 2022, As of September 30, 2022, Interest Expense Interest expense was $193,501 and $88,331 during the three September 30, 2022 2021 Interest expense was $520,454 and $144,714 during the nine September 30, 2022 2021 |
Note 8 - Stockholders' Equity
Note 8 - Stockholders' Equity | 9 Months Ended |
Sep. 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, three June 2025. On August 24, 2022, three August 2025. During the nine September 30, 2022 During the nine September 30, 2022 As of the nine September 30, 2022 Stock-based Plans Stock Option Activity The following table summarizes stock option activity for the nine September 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 1,195,000 Exercised — Forfeited/canceled (330,623 ) Expired (484,209 ) Outstanding at September 30, 2022 6,626,634 The weighted average exercise price of stock options granted during the period was $0.96 and the related weighted average grant date fair value was $0.61 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 May 16, 2032. On September 22, 2022, September 2022, first September 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 nine September 30, 2022 2021 Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 General and administrative $ 65,800 $ 62,684 $ 571,462 $ 226,572 Sales and marketing 20,972 19,522 56,183 83,335 Engineering, research, and development 41,185 43,861 171,734 130,519 $ 127,957 $ 126,067 $ 799,379 $ 440,426 Valuation Assumptions The fair value of each stock option award was calculated on the date of the grant using the Black-Scholes option pricing model. The following weighted average assumptions were used for the nine September 30, 2022 2021 Nine Months Ended September 30, 2022 2021 Risk-free interest rate 2.47 % 1.00 % Expected life (years) 5.90 6.00 Expected dividend yield — % — % Expected volatility 69.23 % 73.99 % 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 the 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 nine September 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 197,688 Released — Canceled/forfeited/expired — Outstanding at September 30, 2022 1,882,829 Expected to vest at September 30, 2022 1,882,829 Vested at September 30, 2022 1,882,829 Unvested at September 30, 2022 — Unrecognized expense at September 30, 2022 $ — 2021 On March 26, 2021, first 2021. March 26, 2024, On March 26, 2021, March 26, 2021, December 31, 2022. 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, During the year ended December 31. 2021 2022 On March 29, 2022, December 15, 2024, On May 16, 2022, December 15, 2024, On September 30, 2022, December 15, 2024, In the nine September 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 nine September 30, 2022 2021 Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 General and administrative $ 65,002 $ 65,000 $ 195,005 $ 195,005 Sales and marketing $ — $ 56,635 $ — $ 116,347 $ 65,002 $ 121,635 $ 195,005 $ 311,352 As of September 30, 2022 Warrants The following table summarizes investor warrants as of September 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 5,928,261 $ — — Exercised (3,188,190 ) $ — — Canceled/forfeited/expired — $ — — Outstanding at September 30, 2022 5,986,761 $ 2.72 2.02 2021 On June 30, 2021, On August 11, 2021, 30 As of September 30, 2021, 2023. 2024. 2022 On February 9, 2022, three February 2025. February 9, 2022. On June 29, 2022, six three June 2025, On August 24, 2022, five three August 2025, During the nine September 30, 2022 September 30, 2022 |
Note 9 - Fair Value Measurement
Note 9 - Fair Value Measurements | 9 Months Ended |
Sep. 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 September 30, 2022 Description Level 1 Level 2 Level 3 Gains (Losses) Goodwill (non-recurring) $ — $ — $ 411,183 $ — Intangibles, net (non-recurring) $ — $ — $ 584,369 $ — 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 | 9 Months Ended |
Sep. 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 September 30, 2022 842. |
Note 11 - Related Party Transac
Note 11 - Related Party Transactions | 9 Months Ended |
Sep. 30, 2022 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 11. Unsecured Promissory Note Investments 2021 On July 1, 2021, fifteen no December 31, 2023. may two 2022 On August 13, 2022, July 31, 2022, December 31, 2022. July 1, 2022, December 31, 2022, As of September 30, 2022, Secured Promissory Note Investments 2021 On June 30, 2021, one September 30, 2022. December 31, 2021, The loan is secured by all of our tangible and intangible assets including intellectual property. This loan bears interest on the unpaid balance at the rate of fifteen may twenty three June 30, 2022, June 30, 2024. August 13, 2022, 24 January 31, 2022, July 1, 2022 December 31, 2022 2022 On June 10, 2022, On August 09, 2022 During the nine September 30, 2022, September 30, 2022. As of September 30, 2022, On November 13, 2022, 2.3 24 January 31, 2023 not fifteen 365 July 1, 2022, December 31, 2022, |
Note 12 - Subsequent Events
Note 12 - Subsequent Events | 9 Months Ended |
Sep. 30, 2022 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | 12. On November 13, 2022, January 31, 2023 23 thirty five The foregoing description of the A&R Credit Agreement and Convertible Note does not |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 9 Months Ended |
Sep. 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 did not |
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 September 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 $238,143 and $8,286 of intangible impairment expenses during the nine September 30, 2022 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 ("FASB") 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 canceled or abandoned are charged to product development expenses 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 September 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 nine September 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 a comprehensive loss. For the nine September 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 trade shows, sales enablement, content creation, paid engagement and other direct costs. Advertising expense was $315,540 and $698,761 for the nine September 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 nine September 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) | 9 Months Ended |
Sep. 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 September 30, 2022 Patents and trademarks $ 57,595 $ — $ — $ (3,676 ) $ 3 $ 53,919 Customer and merchant relationships 545,533 — (238,143 ) $ (72,635 ) — 234,755 Trade names 32,393 — — $ (6,781 ) — 25,612 Acquired technology 112,191 — — $ (12,224 ) — 99,967 Non-compete agreements 29,212 — — $ (11,895 ) — 17,317 $ 776,924 $ — $ (238,143 ) $ (107,211 ) $ 3 $ 431,570 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | Year ending December 31, Amount 2022 $ 35,736 2023 140,436 2024 103,840 2025 59,042 2026 23,793 Thereafter 68,723 Total $ 431,570 |
Note 5 - Software Development_2
Note 5 - Software Development Costs (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Notes Tables | |
Research Development And Computer Software Disclosure [Table Text Block] | Balance at December 31, 2021 Additions Amortization Balance at September 30, 2022 Software Development Costs $ 347,796 $ 12,030 $ (207,027 ) $ 152,799 $ 347,796 $ 12,030 $ (207,027 ) $ 152,799 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | Year ending December 31, Amount 2022 $ 35,736 2023 140,436 2024 103,840 2025 59,042 2026 23,793 Thereafter 68,723 Total $ 431,570 |
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 $ 50,478 2023 98,300 2024 4,021 2025 — 2026 — Thereafter — Total $ 152,799 |
Note 6 - Operating Lease Asse_2
Note 6 - Operating Lease Assets (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Notes Tables | |
Additional Details Related To Leases On Balance Sheet [Table Text Block] | Leases Classification Balance at September 30, 2022 Assets Current Operating lease assets Operating lease assets $ — Noncurrent Operating lease assets Noncurrent operating lease assets $ 1,032,132 Total lease assets $ 1,032,132 Liabilities Current Operating lease liabilities Operating lease liabilities $ 245,816 Noncurrent Operating lease liabilities Noncurrent operating lease liabilities $ 1,001,579 Total lease liabilities $ 1,247,395 |
Lessee, Operating Lease, Liability, Maturity [Table Text Block] | Year ending December 31, 2022 $ 79,526 2023 324,221 2024 330,894 2025 337,568 2026 344,241 Thereafter 28,733 Total future lease payments 1,445,183 Less: imputed interest (197,788 ) Total $ 1,247,395 |
Lease, Cost [Table Text Block] | Weighted Average Remaining Lease Term (years) Operating leases 5.9 Weighted Average Discount Rate Operating leases 6.75 % |
Note 7 - Notes Payable and In_2
Note 7 - Notes Payable and Interest Expense (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Notes Tables | |
Schedule of Debt [Table Text Block] | Facility Maturity Interest Rate Balance at September 30, 2022 Balance at December 31, 2021 ACOA Note February 1, 2024 — 43,510 76,642 TD Bank December 31, 2022 — 29,031 31,496 Related Party Note various 15 % 4,128,107 3,318,242 Total Debt 4,200,648 3,426,380 Less current portion (1,848,375 ) (888,583 ) Long-term debt, net of current portion $ 2,352,273 $ 2,537,797 |
Note 8 - Stockholders' Equity (
Note 8 - Stockholders' Equity (Tables) | 9 Months Ended |
Sep. 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 1,195,000 Exercised — Forfeited/canceled (330,623 ) Expired (484,209 ) Outstanding at September 30, 2022 6,626,634 |
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | Nine Months Ended September 30, 2022 2021 Risk-free interest rate 2.47 % 1.00 % Expected life (years) 5.90 6.00 Expected dividend yield — % — % Expected volatility 69.23 % 73.99 % |
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 197,688 Released — Canceled/forfeited/expired — Outstanding at September 30, 2022 1,882,829 Expected to vest at September 30, 2022 1,882,829 Vested at September 30, 2022 1,882,829 Unvested at September 30, 2022 — Unrecognized expense at September 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 5,928,261 $ — — Exercised (3,188,190 ) $ — — Canceled/forfeited/expired — $ — — Outstanding at September 30, 2022 5,986,761 $ 2.72 2.02 |
Restricted Stock Units (RSUs) [Member] | |
Notes Tables | |
Share-Based Payment Arrangement, Cost by Plan [Table Text Block] | Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 General and administrative $ 65,002 $ 65,000 $ 195,005 $ 195,005 Sales and marketing $ — $ 56,635 $ — $ 116,347 $ 65,002 $ 121,635 $ 195,005 $ 311,352 |
Stock Options and Warrants [Member] | |
Notes Tables | |
Share-Based Payment Arrangement, Cost by Plan [Table Text Block] | Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 General and administrative $ 65,800 $ 62,684 $ 571,462 $ 226,572 Sales and marketing 20,972 19,522 56,183 83,335 Engineering, research, and development 41,185 43,861 171,734 130,519 $ 127,957 $ 126,067 $ 799,379 $ 440,426 |
Note 9 - Fair Value Measureme_2
Note 9 - Fair Value Measurements (Tables) | 9 Months Ended |
Sep. 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) $ — $ — $ 584,369 $ — 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 | 9 Months Ended | 12 Months Ended | ||
Sep. 30, 2022 USD ($) | Sep. 30, 2021 USD ($) | Sep. 30, 2022 USD ($) | Sep. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) | |
Accounts Receivable, Allowance for Credit Loss, Current | $ 59,190 | $ 59,190 | $ 56,340 | ||
Goodwill, Impairment Loss | 85,169 | ||||
Impairment of Intangible Assets (Excluding Goodwill), Total | 238,143 | $ 0 | 238,143 | $ 8,286 | |
Impairment of Intangible Assets, Finite-Lived | 238,143 | ||||
Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total | (2,924,945) | $ (996,787) | (6,810,412) | (4,132,347) | |
Advertising Expense | $ 315,540 | $ 698,761 | |||
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 | 50% | 54% | |||
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 | 9 Months Ended | 12 Months Ended | ||
Feb. 28, 2022 | Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Dec. 31, 2021 | |
Cash, Cash Equivalents, and Federal Funds Sold, Total | $ 1,000,000 | $ 1,000,000 | ||||
Net Income (Loss) Attributable to Parent, Total | (2,848,717) | $ (983,637) | (6,733,550) | $ (4,109,956) | $ (4,100,000) | |
Net Cash Provided by (Used in) Operating Activities, Total | (4,966,359) | $ (3,189,511) | (3,200,000) | |||
Proceeds from Warrant Exercises | $ 2,600,000 | |||||
Proceeds from Issuance of Private Placement | 2,100,000 | |||||
Retained Earnings (Accumulated Deficit), Total | $ (114,568,837) | $ (114,568,837) | $ (107,835,287) |
Note 4 - Goodwill and Purchas_3
Note 4 - Goodwill and Purchased Intangibles (Details Textual) - USD ($) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Dec. 31, 2021 | |
Goodwill, Ending Balance | $ 411,183 | $ 411,183 | $ 411,183 | ||
Amortization of Intangible Assets | $ 35,724 | $ 35,738 | $ 107,211 | $ 107,478 | |
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 | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Balance at beginning of period | $ 776,924 | |||
Additions | 0 | |||
Impairments | (238,143) | |||
Amortization | $ (35,724) | $ (35,738) | (107,211) | $ (107,478) |
Fx and other | 3 | |||
Balance at end of period | 431,570 | 431,570 | ||
Patents and Trademarks [Member] | ||||
Balance at beginning of period | 57,595 | |||
Additions | 0 | |||
Impairments | 0 | |||
Amortization | (3,676) | |||
Fx and other | 3 | |||
Balance at end of period | 53,919 | 53,919 | ||
Customer Relationships [Member] | ||||
Balance at beginning of period | 545,533 | |||
Additions | 0 | |||
Impairments | (238,143) | |||
Amortization | (72,635) | |||
Fx and other | 0 | |||
Balance at end of period | 234,755 | 234,755 | ||
Trade Names [Member] | ||||
Balance at beginning of period | 32,393 | |||
Additions | 0 | |||
Impairments | 0 | |||
Amortization | (6,781) | |||
Fx and other | 0 | |||
Balance at end of period | 25,612 | 25,612 | ||
Developed Technology Rights [Member] | ||||
Balance at beginning of period | 112,191 | |||
Additions | 0 | |||
Impairments | 0 | |||
Amortization | (12,224) | |||
Fx and other | 0 | |||
Balance at end of period | 99,967 | 99,967 | ||
Noncompete Agreements [Member] | ||||
Balance at beginning of period | 29,212 | |||
Additions | 0 | |||
Impairments | 0 | |||
Amortization | (11,895) | |||
Fx and other | 0 | |||
Balance at end of period | $ 17,317 | $ 17,317 |
Note 4 - Goodwill and Purchas_5
Note 4 - Goodwill and Purchased Intangibles - Future Amortization Intangible Assets (Details) - USD ($) | Sep. 30, 2022 | Dec. 31, 2021 |
2022 | $ 35,736 | |
2023 | 140,436 | |
2024 | 103,840 | |
2025 | 59,042 | |
2026 | 23,793 | |
Thereafter | 68,723 | |
Total | $ 431,570 | $ 776,924 |
Note 5 - Software Development_3
Note 5 - Software Development Costs (Details Textual) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Capitalized Computer Software, Amortization | $ 207,027 | |||
Computer Software, Intangible Asset [Member] | ||||
Finite-Lived Intangible Asset, Useful Life (Year) | 2 years | |||
Capitalized Computer Software, Amortization | $ 61,764 | $ 104,870 | $ 207,027 | $ 309,618 |
Note 5 - Software Development_4
Note 5 - Software Development Costs - Software Development Costs (Details) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Balance | $ 347,796 | |||
Additions | 12,030 | |||
Amortization | (207,027) | |||
Balance | $ 152,799 | 152,799 | ||
Computer Software, Intangible Asset [Member] | ||||
Balance | 347,796 | |||
Additions | 12,030 | |||
Amortization | (61,764) | $ (104,870) | (207,027) | $ (309,618) |
Balance | $ 152,799 | $ 152,799 |
Note 5 - Software Development_5
Note 5 - Software Development Costs - Estimated Future Amortization Expense (Details) - USD ($) | Sep. 30, 2022 | Dec. 31, 2021 |
2022 | $ 35,736 | |
2023 | 140,436 | |
2024 | 103,840 | |
2025 | 59,042 | |
2026 | 23,793 | |
Thereafter | 68,723 | |
Total | 431,570 | $ 776,924 |
Computer Software, Intangible Asset [Member] | ||
2022 | 50,478 | |
2023 | 98,300 | |
2024 | 4,021 | |
2025 | 0 | |
2026 | 0 | |
Thereafter | 0 | |
Total | $ 152,799 |
Note 6 - Operating Lease Asse_3
Note 6 - Operating Lease Assets (Details Textual) | 9 Months Ended | |||
Feb. 01, 2021 USD ($) ft² | Sep. 30, 2022 USD ($) | Sep. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) | |
Fixed Assets Contributed By Lessor | $ 0 | $ 110,000 | ||
Operating Lease, Right-of-Use Asset | 1,032,132 | $ 1,187,537 | ||
Operating Lease, Liability, Total | 1,247,395 | |||
Lease Ending January 2027 [Member] | ||||
Area of Real Estate Property (Square Foot) | ft² | 8,898 | |||
Deposit Assets, Total | $ 110,000 | |||
Fixed Assets Contributed By Lessor | 110,000 | |||
Operating Lease, Right-of-Use Asset | 1,032,132 | |||
Operating Lease, Liability, Total | $ 1,247,395 | |||
Lease Ending January 2027 [Member] | Minimum [Member] | ||||
Monthly Rental Expense | 25,953 | |||
Lease Ending January 2027 [Member] | Maximum [Member] | ||||
Monthly Rental Expense | $ 28,733 |
Note 6 - Operating Lease Asse_4
Note 6 - Operating Lease Assets - Additional Details Related To Lease (Details) - USD ($) | Sep. 30, 2022 | Dec. 31, 2021 |
Operating lease assets | $ 0 | |
Operating lease assets | 1,032,132 | |
Operating lease assets | 1,032,132 | $ 1,187,537 |
Operating lease liabilities | 245,816 | 229,240 |
Operating lease liabilities | 1,001,579 | $ 1,188,589 |
Total lease liabilities | $ 1,247,395 |
Note 6 - Operating Lease Asse_5
Note 6 - Operating Lease Assets - Schedule of Minimum Lease Payments (Details) | Sep. 30, 2022 USD ($) |
2022 | $ 79,526 |
2023 | 324,221 |
2024 | 330,894 |
2025 | 337,568 |
2026 | 344,241 |
Thereafter | 28,733 |
Total future lease payments | 1,445,183 |
Less: imputed interest | (197,788) |
Operating Lease, Liability, Total | $ 1,247,395 |
Note 6 - Operating Lease Asse_6
Note 6 - Operating Lease Assets - Weight Average Remaining Term and Discount Rate (Details) | Sep. 30, 2022 |
Weighted Average Remaining Lease Term (years) Operating leases (Year) | 5 years 10 months 24 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) | 2 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | |||||||||||||||||||
Nov. 13, 2022 USD ($) $ / shares | Aug. 09, 2022 USD ($) | Aug. 01, 2022 CAD ($) | Jun. 10, 2022 USD ($) | Aug. 01, 2021 CAD ($) | Jul. 21, 2021 USD ($) | Jul. 01, 2021 USD ($) shares | Jun. 30, 2021 USD ($) $ / shares | Apr. 22, 2020 USD ($) | Apr. 10, 2020 USD ($) | Nov. 01, 2019 CAD ($) | Nov. 06, 2017 CAD ($) | Sep. 30, 2022 CAD ($) | Sep. 30, 2022 USD ($) shares | Sep. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) | Sep. 30, 2022 USD ($) shares | Sep. 30, 2021 USD ($) | Aug. 24, 2022 $ / shares shares | Aug. 13, 2022 $ / shares | Jun. 29, 2022 $ / shares shares | Feb. 09, 2022 $ / shares | Apr. 22, 2020 CAD ($) | |
Gain (Loss) on Extinguishment of Debt, Total | $ 0 | $ 891,103 | |||||||||||||||||||||
Interest Expense, Debt, Total | $ 193,501 | $ 88,331 | $ 520,454 | 144,714 | |||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 0.80 | $ 0.80 | $ 0.80 | ||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 177,571 | 177,571 | 1,500,000 | 1,062,500 | |||||||||||||||||||
Gain (loss) on Settlement of Debt | $ (2,421) | $ 0 | |||||||||||||||||||||
Conversion of Interest Payable on Related Party Debt into Common Stock [Member] | |||||||||||||||||||||||
Debt Conversion, Original Debt, Amount | $ 161,750 | ||||||||||||||||||||||
Debt Conversion, Converted Instrument, Shares Issued (in shares) | shares | 149,770 | ||||||||||||||||||||||
Conversion of Interest Payable on Related Party Debt into Common Stock [Member] | Certain Investors Officers and Directors [Member] | |||||||||||||||||||||||
Debt Conversion, Original Debt, Amount | $ 10,352 | ||||||||||||||||||||||
Debt Conversion, Converted Instrument, Shares Issued (in shares) | shares | 9,585 | ||||||||||||||||||||||
Director [Member] | Conversion of Interest Payable on Related Party Debt into Common Stock [Member] | |||||||||||||||||||||||
Debt Conversion, Original Debt, Amount | $ 151,398 | ||||||||||||||||||||||
Debt Conversion, Converted Instrument, Shares Issued (in shares) | shares | 140,185 | ||||||||||||||||||||||
Acoa Note [Member] | Livelenz [Member] | |||||||||||||||||||||||
Debt Instrument, Periodic Payment, Total | $ 4,500 | $ 4,000 | $ 3,500 | $ 3,000 | $ 2,215 | ||||||||||||||||||
Repayments of Debt | $ 32,263 | ||||||||||||||||||||||
Chase Loan [Member] | |||||||||||||||||||||||
Debt Instrument, Face Amount | $ 891,103 | ||||||||||||||||||||||
Debt Instrument, Term (Year) | 2 years | ||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 1% | ||||||||||||||||||||||
Gain (Loss) on Extinguishment of Debt, Total | $ 891,103 | ||||||||||||||||||||||
TD Bank [Member] | |||||||||||||||||||||||
Debt Instrument, Periodic Payment, Total | $ 0 | ||||||||||||||||||||||
Debt Instrument, Face Amount | $ 40,000 | ||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 0% | ||||||||||||||||||||||
Percent of Loan Forgiven | 33% | ||||||||||||||||||||||
Percent of Loan Repaid Requirement for Forgiveness | 67% | ||||||||||||||||||||||
Credit Agreement [Member] | Director [Member] | |||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | ||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 6,000,000 | $ 6,000,000 | 6,000,000 | ||||||||||||||||||||
Proceeds from Long-Term Lines of Credit Including Interest | $ 3,478,125 | 4,078,125 | |||||||||||||||||||||
Proceeds from Long-Term Lines of Credit | $ 300,000 | $ 500,000 | 3,206,250 | 3,806,250 | |||||||||||||||||||
Interest Expense, Debt, Total | 271,875 | $ 271,875 | |||||||||||||||||||||
Repayments of Long-Term Lines of Credit | $ 200,000 | ||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 1.67 | ||||||||||||||||||||||
Warrant Exercisable Period, After Issuance Of Financing (Month) | 36 months | ||||||||||||||||||||||
Credit Facility Fee, Numerator | 20% | ||||||||||||||||||||||
Credit Facility Fee, Denominator Measurement Period (Day) | 30 days | ||||||||||||||||||||||
Warrant Vesting Period (Year) | 3 years | ||||||||||||||||||||||
Debt Instrument, Number Of Monthly Installments | 24 | ||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 177,571 | 177,571 | |||||||||||||||||||||
Fair Value of Warrants Issued | $ 73,469 | $ 73,469 | |||||||||||||||||||||
Interest Payable | 387,918 | 387,918 | |||||||||||||||||||||
Gain (loss) on Settlement of Debt | (2,259) | ||||||||||||||||||||||
Credit Agreement [Member] | Director [Member] | Subsequent Event [Member] | |||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | ||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 6,000,000 | ||||||||||||||||||||||
Debt Instrument, Number Of Monthly Installments | 24 | ||||||||||||||||||||||
Debt Instrument, Monthly Conversion of Interest, Rate Per Share (in dollars per share) | $ / shares | $ 1.08 | ||||||||||||||||||||||
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% | ||||||||||||||||||||||
Interest Expense, Debt, Total | 271,875 | ||||||||||||||||||||||
Interest Payable | $ 55,530 | 55,530 | |||||||||||||||||||||
Gain (loss) on Settlement of Debt | $ (162) | ||||||||||||||||||||||
Debt Instrument, Monthly Conversion of Interest, Rate Per Share (in dollars per share) | $ / shares | $ 1.08 | ||||||||||||||||||||||
Debt Instrument, Prepayment Penalty | 2% | ||||||||||||||||||||||
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 ($) | Sep. 30, 2022 | Dec. 31, 2021 | Apr. 22, 2020 |
ACOA Note | $ 4,200,648 | $ 3,426,380 | |
Less current portion | (1,848,375) | (888,583) | |
Long-term debt, net of current portion | 2,352,273 | 2,537,797 | |
Acoa Note [Member] | |||
ACOA Note | 43,510 | 76,642 | |
TD Bank [Member] | |||
ACOA Note | 29,031 | 31,496 | |
Interest Rate | 0% | ||
Related Party Note [Member] | |||
ACOA Note | $ 4,128,107 | $ 3,318,242 | |
Interest Rate | 15% |
Note 8 - Stockholders' Equity_2
Note 8 - Stockholders' Equity (Details Textual) | 3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | |||||||||||||||||
Sep. 30, 2022 USD ($) $ / shares shares | Sep. 22, 2022 USD ($) $ / shares shares | Aug. 24, 2022 USD ($) $ / shares shares | 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 | Sep. 30, 2022 USD ($) shares | Sep. 30, 2021 USD ($) $ / shares shares | Jun. 30, 2021 USD ($) $ / shares shares | Mar. 31, 2021 USD ($) | Jun. 30, 2021 USD ($) $ / shares shares | Sep. 30, 2022 USD ($) $ / shares shares | Sep. 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 | $ 0.80 | ||||||||||||||||||
Stock Issued During Period Value, Warrant Exercise | $ 1,200,000 | $ 850,000 | $ 2,550,553 | $ 2,550,552 | |||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 177,571 | 1,500,000 | 1,062,500 | 177,571 | 177,571 | ||||||||||||||||
Equity Amount Payable | $ 100,862 | $ 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 | $ 0.96 | ||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares | $ 0.98 | $ 0.97 | $ 0.8289 | $ 1.75 | $ 1.48 | $ 1.80 | $ 0.61 | ||||||||||||||
Number of Employees, Awards Granted | 1 | 1 | 1 | 1 | 5 | ||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | shares | 1,000,000 | 45,000 | 150,000 | 5,000 | 20,000 | 67,500 | 1,195,000 | 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 | 36 months | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 69.23% | 73.99% | |||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value (in dollars per share) | $ / shares | $ 0.697499 | $ 0.642608 | $ 0.54 | $ 1.12 | $ 0.93 | $ 1.16 | |||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Call Option Value | $ 697,499 | $ 28,917 | $ 81,035 | $ 5,606 | $ 18,628 | $ 78,492 | |||||||||||||||
Warrants and Rights Outstanding | 73,469 | 73,469 | $ 73,469 | ||||||||||||||||||
Vesting on the First Anniversary [Member] | |||||||||||||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 25% | 25% | 25% | 25% | 25% | 25% | |||||||||||||||
Conversion of Interest Payable on Related Party Debt into Common Stock [Member] | |||||||||||||||||||||
Debt Conversion, Original Debt, Amount | $ 161,750 | ||||||||||||||||||||
Debt Conversion, Converted Instrument, Shares Issued (in shares) | shares | 149,770 | ||||||||||||||||||||
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 | $ 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 | 1,500,000 | 1,062,500 | 3,188,190 | ||||||||||||||||||
Warrants and Rights Outstanding, Term (Year) | 3 years | 3 years | 3 years | ||||||||||||||||||
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 | 238,066 | ||||||||||||||||
Warrant Exercisable Period, After Issuance Of Financing (Month) | 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 (Month) | 36 months | ||||||||||||||||||||
Warrants and Rights Outstanding | $ 5,285 | ||||||||||||||||||||
Warrant Issuance Three [Member] | |||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 2.06 | $ 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 [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 | $ 1,200,000 | $ 850,000 | |||||||||||||||||||
Warrant Issuance One [Member] | |||||||||||||||||||||
Stock Issued During Period, Shares, Warrant Exercise (in shares) | shares | 1,500,000 | ||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 1.50 | ||||||||||||||||||||
Warrant Issuance Two [Member] | |||||||||||||||||||||
Stock Issued During Period, Shares, Warrant Exercise (in shares) | shares | 1,500,000 | ||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 0.80 | ||||||||||||||||||||
Restricted Stock Units (RSUs) [Member] | |||||||||||||||||||||
Share-Based Payment Arrangement, Expense | 65,002 | $ 121,635 | $ 195,005 | $ 311,352 | |||||||||||||||||
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount | $ 0 | $ 0 | 0 | ||||||||||||||||||
Restricted Stock Units (RSUs) [Member] | Board Of Directors [Member] | |||||||||||||||||||||
Share-Based Payment Arrangement, Expense | $ 65,000 | $ 65,000 | $ 65,000 | 195,005 | $ 260,005 | ||||||||||||||||
Number of Employees, Awards Granted | 4 | 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 | 65,100 | 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 | $ 65,002 | $ 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 | $ 9,985 | $ 1.20 | $ 0.829 | $ 1.53 | $ 1.75 | $ 1.67 | $ 1.80 | ||||||||||||||
Restricted Stock Units (RSUs) [Member] | Employees [Member] | |||||||||||||||||||||
Share-Based Payment Arrangement, Expense | 799,379 | 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 | ||||||||||||||||||||
Restricted Stock Units (RSUs) [Member] | Director [Member] | |||||||||||||||||||||
Share-Based Payment Arrangement, Expense | $ 195,005 | $ 260,003 | |||||||||||||||||||
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 | 76.15% | 73.45% | 72.33% | 73.29% | 74.79% | 73.97% |
Note 8 - Stockholders' Equity -
Note 8 - Stockholders' Equity - Stock Option Activity (Details) - shares | 9 Months Ended | 12 Months Ended | ||||||
Sep. 22, 2022 | May 16, 2022 | Mar. 29, 2022 | Aug. 11, 2021 | May 02, 2021 | Mar. 26, 2021 | Sep. 30, 2022 | Dec. 31, 2021 | |
Outstanding (in shares) | 6,246,466 | 6,007,552 | ||||||
Granted (in shares) | 1,000,000 | 45,000 | 150,000 | 5,000 | 20,000 | 67,500 | 1,195,000 | 637,500 |
Forfeited/canceled (in shares) | (330,623) | (272,029) | ||||||
Expired (in shares) | (484,209) | (126,557) | ||||||
Outstanding (in shares) | 6,626,634 | 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 | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Share-based compensation expense | $ 127,957 | $ 126,067 | $ 799,379 | $ 440,426 |
General and Administrative Expense [Member] | ||||
Share-based compensation expense | 65,800 | 62,684 | 571,462 | 226,572 |
Selling and Marketing Expense [Member] | ||||
Share-based compensation expense | 20,972 | 19,522 | 56,183 | 83,335 |
Research and Development Expense [Member] | ||||
Share-based compensation expense | $ 41,185 | $ 43,861 | $ 171,734 | $ 130,519 |
Note 8 - Stockholders' Equity_4
Note 8 - Stockholders' Equity - Stock Option Valuation Assumption (Details) | 9 Months Ended | |
Sep. 30, 2022 | Sep. 30, 2021 | |
Risk-free interest rate | 2.47% | 1% |
Expected life (years) (Year) | 5 years 10 months 24 days | 6 years |
Expected dividend yield | 0% | 0% |
Expected volatility | 69.23% | 73.99% |
Note 8 - Stockholders' Equity_5
Note 8 - Stockholders' Equity - Restricted Stock Unit Activity Under Stock-based Plans (Details) - Restricted Stock Units (RSUs) [Member] - shares | 3 Months Ended | 9 Months Ended | 12 Months Ended |
Sep. 30, 2022 | Sep. 30, 2022 | Dec. 31, 2021 | |
Outstanding (in shares) | 1,685,141 | 1,436,728 | |
Awarded (in shares) | 197,688 | 654,663 | |
Canceled/forfeited/expired (in shares) | 0 | (406,250) | |
Outstanding (in shares) | 1,882,829 | 1,882,829 | 1,685,141 |
Expected to vest at September 30, 2022 (in shares) | 1,882,829 | 1,882,829 | |
Vested at September 30, 2022 (in shares) | 1,882,829 |
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 | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Share-based compensation expense | $ 65,002 | $ 121,635 | $ 195,005 | $ 311,352 |
General and Administrative Expense [Member] | ||||
Share-based compensation expense | 65,002 | 65,000 | 195,005 | 195,005 |
Selling and Marketing Expense [Member] | ||||
Share-based compensation expense | $ 0 | $ 56,635 | $ 0 | $ 116,347 |
Note 8 - Stockholders' Equity_7
Note 8 - Stockholders' Equity - Summary of Investor Warrant Activity (Details) - Investor Warrant [Member] - $ / shares | 9 Months Ended | 12 Months Ended | |
Sep. 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) | 5,928,261 | 580,231 | |
Exercised (in shares) | (3,188,190) | 0 | |
Canceled/forfeited/expired (in shares) | 0 | (25,000) | |
Outstanding (in shares) | 5,986,761 | 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 ($) | Sep. 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) | $ 584,369 | $ 1,124,720 |
Note 10 - Commitments and Con_2
Note 10 - Commitments and Contingencies (Details Textual) | Feb. 01, 2021 USD ($) ft² | Sep. 30, 2022 USD ($) | Dec. 31, 2021 USD ($) |
Operating Lease, Right-of-Use Asset | $ 1,032,132 | $ 1,187,537 | |
Operating Lease, Liability, Total | 1,247,395 | ||
Lease Ending January 2027 [Member] | |||
Area of Real Estate Property (Square Foot) | ft² | 8,898 | ||
Lessee, Operating Lease, Abatement Percentage | 50% | ||
Operating Lease, Right-of-Use Asset | 1,032,132 | ||
Operating Lease, Liability, Total | $ 1,247,395 | ||
Lease Ending January 2027 [Member] | Minimum [Member] | |||
Monthly Rental Expense | $ 25,953 | ||
Lease Ending January 2027 [Member] | Maximum [Member] | |||
Monthly Rental Expense | $ 28,733 |
Note 11 - Related Party Trans_2
Note 11 - Related Party Transactions (Details Textual) | 3 Months Ended | 6 Months Ended | 9 Months Ended | |||||||||||
Nov. 13, 2022 USD ($) $ / shares | Aug. 09, 2022 USD ($) | Jun. 10, 2022 USD ($) | Jul. 01, 2021 USD ($) shares | Jun. 30, 2021 USD ($) $ / shares | Sep. 30, 2022 USD ($) shares | Sep. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) | Sep. 30, 2022 USD ($) shares | Sep. 30, 2021 USD ($) | Aug. 24, 2022 $ / shares shares | Aug. 13, 2022 $ / shares | Jun. 29, 2022 $ / shares shares | Feb. 09, 2022 $ / shares | |
Gain (loss) on Settlement of Debt | $ (2,421) | $ 0 | ||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 0.80 | $ 0.80 | $ 0.80 | |||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 177,571 | 177,571 | 1,500,000 | 1,062,500 | ||||||||||
Interest Expense, Debt, Total | $ 193,501 | $ 88,331 | $ 520,454 | $ 144,714 | ||||||||||
Conversion of Interest Payable on Related Party Debt into Common Stock [Member] | ||||||||||||||
Debt Conversion, Original Debt, Amount | $ 161,750 | |||||||||||||
Debt Conversion, Converted Instrument, Shares Issued (in shares) | shares | 149,770 | |||||||||||||
Certain Investors Officers and Directors [Member] | Conversion of Interest Payable on Related Party Debt into Common Stock [Member] | ||||||||||||||
Debt Conversion, Original Debt, Amount | $ 10,352 | |||||||||||||
Debt Conversion, Converted Instrument, Shares Issued (in shares) | shares | 9,585 | |||||||||||||
Certain Investors Officers and Directors [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 | |||||||||||||
Debt Instrument, Monthly Conversion of Interest, Rate Per Share (in dollars per share) | $ / shares | $ 1.08 | |||||||||||||
Notes Payable, Related Parties | 271,875 | $ 271,875 | ||||||||||||
Interest Payable | 55,530 | 55,530 | ||||||||||||
Gain (loss) on Settlement of Debt | (162) | |||||||||||||
Director [Member] | Conversion of Interest Payable on Related Party Debt into Common Stock [Member] | ||||||||||||||
Debt Conversion, Original Debt, Amount | $ 151,398 | |||||||||||||
Debt Conversion, Converted Instrument, Shares Issued (in shares) | shares | 140,185 | |||||||||||||
Director [Member] | Credit Agreement [Member] | ||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | |||||||||||||
Interest Payable | 387,918 | $ 387,918 | ||||||||||||
Gain (loss) on Settlement of Debt | (2,259) | |||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 6,000,000 | 6,000,000 | 6,000,000 | |||||||||||
Long-Term Line of Credit, Total | $ 4,078,125 | $ 3,478,125 | 4,078,125 | |||||||||||
Proceeds from Long-Term Lines of Credit | $ 300,000 | $ 500,000 | 3,206,250 | $ 3,806,250 | ||||||||||
Line Of Credit Facility, Increase From Conversion Of Notes Payable | 271,875 | |||||||||||||
Repayments of Long-Term Lines of Credit | 200,000 | |||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 1.67 | |||||||||||||
Warrant Exercisable Period, After Issuance Of Financing (Month) | 36 months | |||||||||||||
Credit Facility Fee, Numerator | 20% | |||||||||||||
Credit Facility Fee, Denominator Measurement Period (Day) | 30 days | |||||||||||||
Warrant Vesting Period (Year) | 3 years | |||||||||||||
Debt Instrument, Number Of Monthly Installments | 24 | |||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares | 177,571 | 177,571 | ||||||||||||
Fair Value of Warrants Issued | $ 73,469 | $ 73,469 | ||||||||||||
Interest Expense, Debt, Total | $ 271,875 | $ 271,875 | ||||||||||||
Director [Member] | Credit Agreement [Member] | Subsequent Event [Member] | ||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15% | |||||||||||||
Debt Instrument, Monthly Conversion of Interest, Rate Per Share (in dollars per share) | $ / shares | $ 1.08 | |||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 6,000,000 | |||||||||||||
Debt Instrument, Number Of Monthly Installments | 24 |
Note 12 - Subsequent Events (De
Note 12 - Subsequent Events (Details Textual) - Director [Member] | Nov. 13, 2022 USD ($) | Jun. 30, 2021 USD ($) | Sep. 30, 2022 USD ($) |
Convertible Note [Member] | Subsequent Event [Member] | |||
Debt Instrument, Face Amount | $ 4,466,043 | ||
Credit Agreement [Member] | |||
Line of Credit Facility, Maximum Borrowing Capacity | $ 6,000,000 | $ 6,000,000 | |
Debt Instrument, Interest Rate, Stated Percentage | 15% | ||
Debt Instrument, Number Of Monthly Installments | 24 | ||
Credit Agreement [Member] | Subsequent Event [Member] | |||
Line of Credit Facility, Maximum Borrowing Capacity | $ 6,000,000 | ||
Debt Instrument, Interest Rate, Stated Percentage | 15% | ||
Debt Instrument, Number Of Monthly Installments | 24 | ||
Debt Instrument, Convertible, Conversion Price, Percentage of Common Stock Price | 85% | ||
Debt Instrument, Convertible, Threshold Trading Days | 30 |