IZEA Worldwide (IZEA) 10-Q 14 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 08, 2024
Cover [Abstract]
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-37703
Entity Registrant Name	IZEA WORLDWIDE, INC.
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	37-1530765
Entity Address, Address Line One	1317 Edgewater Dr.
Entity Address, Address Line Two	# 1880
Entity Address, City or Town	Orlando
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	32804
City Area Code	(407)
Local Phone Number	674-6911
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	IZEA
Security Exchange Name	NASDAQ
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		16,966,709
Entity Central Index Key	0001495231
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false
Document Quarterly Report	true
Entity Interactive Data Current	Yes
Entity Current Reporting Status	Yes

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 45,958,100	$ 37,446,728
Accounts receivable, net	6,488,379	5,012,373
Prepaid expenses	1,640,517	739,988
Short term investments	8,419,252	17,126,057
Other current assets	212,526	26,257
Total current assets	62,718,774	60,351,403
Property and equipment, net of accumulated depreciation	136,923	205,377
Goodwill	1,263,337	5,280,372
Intangible assets, net	1,654,958	1,749,441
Digital assets	0	162,905
Software development costs, net	2,361,896	2,056,972
Long term investments	0	9,618,996
Total assets	68,135,888	79,425,466
Current liabilities:
Accounts payable	1,276,088	1,504,348
Accrued expenses	4,074,480	3,083,460
Contract liabilities	9,119,560	8,891,205
Contingent Liability	41,012	114,400
Total current liabilities	14,511,140	13,593,413
Finance obligation, less current portion	18,881	63,419
Deferred purchase price, less current portion	51,015	60,600
Deferred tax liability	265,962	394,646
Total liabilities	14,846,998	14,112,078
Commitments and Contingencies (Note 9)
Stockholders’ equity:
Preferred stock; $0.0001 par value; $10,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock; $0.0001 par value; $50,000,000 shares authorized; shares issued: $17,310,106 and $16,602,155, respectively, shares outstanding: $16,922,268 and $16,236,300, respectively.	1,731	1,660
Treasury stock at cost: 387,838 and 365,855 shares at September 30, 2024 and December 31, 2023, respectively	(1,077,568)	(1,019,997)
Additional paid-in capital	154,159,944	152,027,110
Accumulated deficit	(99,673,791)	(85,444,794)
Accumulated other comprehensive income (loss)	(121,426)	(250,591)
Total stockholders’ equity	53,288,890	65,313,388
Liabilities and Equity	$ 68,135,888	$ 79,425,466

Consolidated Balance Sheets - P

Consolidated Balance Sheets - Parenthetical - $ / shares	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value (per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (shares)	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (shares)	50,000,000	50,000,000
Common stock, shares, issued (shares)	17,310,106	16,602,155
Common stock, shares outstanding (shares)	16,922,268	16,236,300
Treasury stock (shares)	387,838	365,855

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenue	$ 8,831,794	$ 7,894,901	$ 24,878,493	$ 27,321,682
Costs and expenses:
Cost of revenue	5,210,104	4,685,437	14,355,679	16,900,116
Sales and marketing	2,879,320	2,700,301	9,142,590	7,936,801
General and administrative	5,840,027	3,032,759	12,995,910	9,604,308
Impairment of goodwill	4,016,722	0	4,016,722	0
Depreciation and amortization	239,849	117,544	669,783	574,238
Total costs and expenses	18,186,022	10,536,041	41,180,684	35,015,463
Loss from operations	(9,354,228)	(2,641,140)	(16,302,191)	(7,693,781)
Other income (expense):
Change in the fair value of digital assets	(51,702)	0	28,414	0
Interest expense	(1,654)	(1,654)	(5,654)	(6,373)
Other income (expense), net	605,644	659,856	1,909,735	1,877,451
Total other income (expense), net	552,288	658,202	1,932,495	1,871,078
Net loss before income taxes	(8,801,940)	(1,982,938)	(14,369,696)	(5,822,703)
Income tax benefit (expense)	33,621	0	140,699	0
Net loss	$ (8,768,319)	$ (1,982,938)	$ (14,228,997)	$ (5,822,703)
Weighted average common shares outstanding - basic (in shares)	16,956,497	15,463,334	17,024,645	15,525,636
Weighted average common shares outstanding - diluted (in shares)	16,956,497	15,463,334	17,024,645	15,525,636
Basic loss per common share (in dollars per share)	$ (0.52)	$ (0.13)	$ (0.84)	$ (0.38)
Diluted loss per common share (in dollars per share)	$ (0.52)	$ (0.13)	$ (0.84)	$ (0.38)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net loss	$ (8,768,319)	$ (1,982,938)	$ (14,228,997)	$ (5,822,703)
Unrealized (gain) loss on securities held	(84,855)	(131,198)	(235,662)	(267,478)
Unrealized (gain) loss on currency translation	94,195	0	106,497	0
Total other comprehensive income (loss)	9,340	(131,198)	(129,165)	(267,478)
Total comprehensive income (loss)	$ (8,777,659)	$ (1,851,740)	$ (14,099,832)	$ (5,555,225)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	Total	Cash and cash equivalents	US Treasury securities	Corporate debt securities	Asset back securities	Common Stock	Additional Paid-in Capital	Treasury Stock	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)
Balance (shares) at Sep. 30, 2023						15,797,724
Balance at Sep. 30, 2023	$ 64,475,634					$ 1,580	$ 149,925,505	$ (1,019,997)	$ (83,918,137)	$ (513,317)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock issued for payment of services, net (shares)						94,202
Stock issued for payment of services	225,012					$ 10	225,002
Stock-based compensation (shares)						110,657
Stock-based compensation	642,752					$ 11	642,741
Share withheld to cover statutory taxes (shares)						(38,850)
Shares withheld to cover statutory taxes	$ (98,479)					$ (4)	(98,475)
Stock Issued During Period, Value, Reverse Stock Splits						$ 2	(2)
Reverse stock split fractional share adjustment (shares)	23,789
Stock Repurchased and Retired During Period, Value	$ (1,019,997)							(1,019,997)
Unrealized gain on securities held	267,478									267,478
Translation Adjustment Functional to Reporting Currency, Net of Tax, Period Increase (Decrease)										0
Total other comprehensive income (loss)	(267,478)
Net loss	(5,822,703)								(5,822,703)
Balance (shares) at Dec. 31, 2022						15,603,597
Balance at Dec. 31, 2022	70,265,947					$ 1,560	149,148,248		(78,103,066)	(780,795)
Balance (Accounting Standards Update 2023-08) at Dec. 31, 2022	7,632								7,632
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock purchase plan & option exercise issuances (in shares)						4,329
Stock purchase plan & option exercise issuances	$ 7,992					$ 1	7,991
Balance (shares) at Dec. 31, 2023	16,236,300					16,602,155
Balance at Dec. 31, 2023	$ 65,313,388					$ 1,660	152,027,110	(1,019,997)	(85,444,794)	(250,591)
Balance (shares) at Dec. 31, 2022						15,603,597
Balance at Dec. 31, 2022	70,265,947					$ 1,560	149,148,248		(78,103,066)	(780,795)
Balance (Accounting Standards Update 2023-08) at Dec. 31, 2022	7,632								7,632
Balance (shares) at Sep. 30, 2023						15,797,724
Balance at Sep. 30, 2023	64,475,634					$ 1,580	149,925,505	(1,019,997)	(83,918,137)	(513,317)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock issued for payment of services, net (shares)						34,405
Stock issued for payment of services	75,003					$ 4	74,999
Stock-based compensation (shares)						43,211
Stock-based compensation	239,353					$ 4	239,349
Share withheld to cover statutory taxes (shares)						(14,572)
Shares withheld to cover statutory taxes	(35,045)					$ (2)	(35,043)
Stock Repurchased and Retired During Period, Value	(314,594)							(314,594)
Unrealized gain on securities held	131,198									131,198
Translation Adjustment Functional to Reporting Currency, Net of Tax, Period Increase (Decrease)										0
Total other comprehensive income (loss)	(131,198)
Net loss	(1,982,938)								(1,982,938)
Balance (shares) at Jun. 30, 2023						15,734,680
Balance at Jun. 30, 2023	66,362,657					$ 1,574	149,646,200	(705,403)	(81,935,199)	(644,515)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock purchase plan & option exercise issuances (in shares)						0
Stock purchase plan & option exercise issuances	0					$ 0	0
Fair Value	$ 64,191,781	$ 37,446,728	$ 6,939,713	$ 16,196,931	$ 3,608,409
Balance (shares) at Sep. 30, 2024	16,922,268					17,310,106
Balance at Sep. 30, 2024	$ 53,288,890					$ 1,731	154,159,944	(1,077,568)	(99,673,791)	(121,426)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock issued for payment of services, net (shares)						93,133
Stock issued for payment of services	229,063					$ 9	229,054
Stock-based compensation (shares)						801,602
Stock-based compensation	2,328,356					$ 80	2,328,276
Share withheld to cover statutory taxes (shares)						(195,871)
Shares withheld to cover statutory taxes	(437,189)					$ (19)	(437,170)
Stock Repurchased and Retired During Period, Value	(57,571)							(57,571)
Unrealized gain on securities held	235,662									235,662
Translation Adjustment Functional to Reporting Currency, Net of Tax, Period Increase (Decrease)	(106,497)								0	(106,497)
Total other comprehensive income (loss)	(129,165)
Net loss	$ (14,228,997)								(14,228,997)
Balance (shares) at Dec. 31, 2023	16,236,300					16,602,155
Balance at Dec. 31, 2023	$ 65,313,388					$ 1,660	152,027,110	(1,019,997)	(85,444,794)	(250,591)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock purchase plan & option exercise issuances (in shares)						9,087
Stock purchase plan & option exercise issuances	$ 12,675					$ 1	12,674
Balance (shares) at Sep. 30, 2024	16,922,268					17,310,106
Balance at Sep. 30, 2024	$ 53,288,890					$ 1,731	154,159,944	(1,077,568)	(99,673,791)	(121,426)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock issued for payment of services, net (shares)						28,748
Stock issued for payment of services	79,057					$ 3	79,054
Stock-based compensation (shares)						650,015
Stock-based compensation	1,579,236					$ 65	1,579,171
Share withheld to cover statutory taxes (shares)						(144,802)
Shares withheld to cover statutory taxes	(314,774)					$ (15)	(314,759)
Stock Repurchased and Retired During Period, Value	(57,571)							(57,571)
Unrealized gain on securities held	84,855									84,855
Translation Adjustment Functional to Reporting Currency, Net of Tax, Period Increase (Decrease)	(94,195)								0	(94,195)
Total other comprehensive income (loss)	9,340
Net loss	(8,768,319)								(8,768,319)
Balance (shares) at Jun. 30, 2024						16,770,418
Balance at Jun. 30, 2024	60,773,833					$ 1,677	152,809,711	$ (1,019,997)	$ (90,905,472)	$ (112,086)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock purchase plan & option exercise issuances (in shares)						5,727
Stock purchase plan & option exercise issuances	6,768					$ 1	$ 6,767
Fair Value	$ 54,377,352	$ 45,958,100	$ 1,001,097	$ 6,157,516	$ 1,260,639

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net loss	$ (14,228,997)	$ (5,822,703)
Adjustments to reconcile net loss to net cash used for operating activities:
Adjustment to fair market value of digital assets	(28,414)	0
Depreciation	80,079	72,529
Amortization	589,704	501,709
Impairment of goodwill	4,016,722	0
Deferred tax benefit	(140,699)	0
Stock-based compensation	2,328,356	642,752
Value of stock issued or to be issued for payment of services	229,063	225,012
(Gain)/Loss on disposal of equipment	0	304
Bad debt	0	50,000
Change in fair value of acquisition costs payable	(6,000)
Changes in operating assets and liabilities:
Accounts receivable	(1,315,142)	(1,070,231)
Prepaid expenses and other current assets	(927,695)	2,847,209
Accounts payable	(243,355)	(506,590)
Accrued expenses	760,434	(76,482)
Contract liabilities	228,356	(2,543,414)
Net cash used in operating activities	(8,657,588)	5,679,905
Acquisitions, net of cash acquired	(203,403)	0
Cash flows from investing activities:
Purchase of short term investments	0	(265,887,875)
Proceeds from investment maturities	18,393,134	284,045,266
Purchase of property and equipment	(56,558)	(99,711)
Proceeds from the sale of digital assets	191,318	0
Capitalization of software development costs	(690,901)	(672,053)
Net cash provided by investing activities	17,633,590	17,385,627
Cash flows from financing activities:
Proceeds from exercise of stock options & ESPP issuances	12,675	7,992
Purchase of treasury stock	(57,571)	(1,019,997)
Payments on shares withheld for statutory taxes	(437,189)	(98,479)
Net cash used in financing activities	(482,085)	(1,110,484)
Effect of exchange rate changes on cash	17,455	0
Net increase in cash and cash equivalents	8,493,917	10,595,238
Cash and cash equivalents, beginning of period	37,446,728	24,600,960
Cash and cash equivalents, end of period	45,958,100	35,196,198
Supplemental cash flow information:
Interest paid	5,654	6,208
Non-cash financing and investing activities:
Equipment acquired with financing arrangement	$ 0	$ 80,843

Company and Summary of Signific

Company and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Company and Summary of Significant Accounting Policies	COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Corporate Information and Nature of Business IZEA Worldwide, Inc. (together with its wholly-owned subsidiaries, “IZEA” or the “Company”) is a Nevada corporation that was founded in February 2006 under the name PayPerPost, Inc. and became a public company in May 2011. In January 2015, IZEA purchased all of the outstanding shares of capital stock of Ebyline, Inc. (“Ebyline”). In March 2016, the Company formed IZEA Canada, Inc., a wholly-owned subsidiary, incorporated in Ontario, Canada, to operate as a sales and support office for IZEA’s Canadian customers. In July 2016, IZEA purchased all the outstanding shares of capital stock of ZenContent, Inc. (“ZenContent”) and in July 2018, a subsidiary of the Company merged with TapInfluence, Inc. (“TapInfluence”). The ZenContent legal entity was dissolved in December 2017, and Ebyline and TapInfluence were merged into IZEA and the legal entities were dissolved in December 2019 and December 2020, respectively. IZEA purchased all of the outstanding shares of capital stock of Hoozu Holdings, Ltd in December 2023, and completed an asset acquisition from Zuberance, Inc. in December 2023. The Company helps power the creator economy, by enabling individuals to monetize their content, creativity and influence through global brands and marketers. IZEA compensates these creators for producing unique content, such as long and short-form text, videos, photos, status updates, and illustrations for marketers or distributing such content on behalf of marketers through their websites, blogs, and social media channels. The Company also provides value through managing custom content workflow, creator search and targeting, bidding, analytics, and payment processing (the “Managed Services”). While the majority of the marketers engage the Company to perform the Managed Services on their behalf, marketers may also access IZEA’s marketplaces to engage creators for influencer marketing campaigns or to produce custom content on a self-service basis by licensing the Company’s technology. Executive Leadership Transition On September 6, 2024, the Company entered into separation agreements with Edward H. (Ted) Murphy, Chief Executive Officer and Chairman of the Board of Directors, and Ryan S. Schram, President, Chief Operating Officer, and Director. Under the terms of their respective Separation Agreements, both Mr. Murphy and Mr. Schram resigned their Director positions as of September 6, 2024, and their executive positions effective September 15, 2024. Neither resignation stemmed from any disagreement with the Company's management or Board. Concurrently, the Board appointed Patrick J. Venetucci, a Director on the Board as the new Chief Executive Officer. While assuming this new role, Mr. Venetucci will continue to serve as a Director on the Board. Cooperation Agreement On September 6, 2024, IZEA Worldwide, Inc. (the "Company") entered into a cooperation agreement (the “Cooperation Agreement”) with GP Cash Management, Ltd., GP Investments, Ltd., Rodrigo Boscolo, and Antonio Bonchristiano (collectively, the "GP Parties"). As part of this agreement, the Company’s Board of Directors (the “Board”) has appointed Mr. Bonchristiano and Mr. Boscolo as directors, filling the vacancies created by the departures of Ted Murphy and Ryan Schram. Mr. Bonchristiano serves on the Compensation Committee, Nominations and Corporate Governance Committee, and the Strategy and Capital Allocation Committee, and Mr. Boscolo serves on the Strategy and Capital Allocation Committee. Also pursuant to this agreement, the Company has established a Strategy and Capital Allocation Committee and agreed to initiate a search for a gender-diverse director candidate, who will be mutually agreed upon by the incumbent and GP Parties. Basis of Presentation The accompanying consolidated balance sheet as of September 30, 2024, the consolidated statements of operations for the three and nine months ended September 30, 2024 and 2023, the consolidated statements of comprehensive loss for the three and nine months ended September 30, 2024 and 2023, the consolidated statements of stockholders' equity for the three and nine months ended September 30, 2024 and 2023, and the consolidated statements of cash flows for the nine months ended September 30, 2024 and 2023 are unaudited but include all adjustments that are, in the opinion of management, necessary for a fair presentation of its financial position at such dates and its results of operations and cash flows for the periods then ended in conformity with generally accepted accounting principles in the United States ("GAAP"). The consolidated balance sheet as of December 31, 2023 has been derived from the audited consolidated financial statements at that date but, in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”), does not include all of the information and notes required by GAAP for complete financial statements. Operating results for the three and nine months ended September 30, 2024 are not necessarily indicative of results that may be expected for the entire fiscal year. These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the fiscal year ended December 31, 2023, included in the Company's Annual Report on Form 10-K filed with the SEC on April 1, 2024. Principles of Consolidation The consolidated financial statements include the accounts of IZEA Worldwide, Inc. and its wholly-owned subsidiaries, subsequent to the subsidiaries’ individual acquisition, merger, or formation dates, as applicable. All significant intercompany balances and transactions have been eliminated in consolidation. 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 revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of three months or less from the date of purchase to be cash equivalents. Deposits made to Company bank accounts are insured by the Federal Deposit Insurance Corporation (the “FDIC”) up to a maximum amount of $250,000. The Canada Deposit Insurance Corporation (“CDIC”) insures deposits made to the Company’s bank accounts in Canada up to CAD 100,000. The Australian Financial Claims Scheme insures deposits made to the Company’s accounts in Australia up to AUD $250,000. Deposit balances exceeding this limit were approximately $45.1 million and $36.7 million as of September 30, 2024 and December 31, 2023, respectively. Investment in Debt Securities Our investments in debt securities are carried at either amortized cost or fair value. The cost basis is determined by the specific identification method. Investments in debt securities that the Company has the positive intent and ability to hold to maturity are carried at amortized cost and classified as held-to-maturity. Investments in debt securities that are not classified as held-to-maturity are carried at fair value and classified as either trading or available-for-sale. Realized and unrealized gains and losses on trading debt securities as well as realized gains and losses on available-for-sale debt securities are included in net income. Unrealized gains and losses, net of tax, on available-for-sale debt securities are included in our consolidated balance sheet as a component of accumulated other comprehensive income (loss). Accounts Receivable and Concentration of Credit Risk The Company’s accounts receivable balance consists of trade receivables, contract assets, and a reserve for doubtful accounts. Trade receivables are customer obligations due under normal trade terms. Contract assets represent amounts owed for work that has been performed but not yet billed. The Company had net trade receivables of $6.5 million, including $6.4 million of accounts receivable and contract assets of $93,584 on September 30, 2024. The Company had net trade receivables of $5.0 million, including $4.9 million of accounts receivable and contract assets of $83,697 at December 31, 2023. Management determines the collectability of accounts by regularly evaluating individual customer receivables and considering a customer’s financial condition, credit history, and current economic conditions. An account is deemed delinquent when the customer has not paid an amount due by its associated due date. If a portion of the account balance is deemed uncollectible, the Company will either write off the amount owed or provide a reserve based on its best estimate of the uncollectible portion of the account. We assess collectability risk both generally and by specific aged invoices. Our loss history informs a general reserve percentage, which we apply to all invoices less than 90 days from the invoice due date, currently 1% of the outstanding balance. The general reserve, which we update periodically, recognizes that some invoices will likely become a collection risk. When an invoice ages 90 days past its due date, we consider each invoice to determine a reserve for collectability based on our prior history and recent communications with the customer, to determine a reserve amount. Generally, our reserve for such aged invoices will approach 100% of the invoice amount. The Company had a reserve for doubtful accounts of $205,000 as of September 30, 2024, and $205,000 as of September 30, 2023. Management believes that this estimate is reasonable, but there can be no assurance that the estimate will not change due to a change in economic or business conditions within the industry, the individual customers, or the Company. Any adjustments to this account are reflected in the consolidated statements of operations as a general and administrative expense. The Company did not recognize any bad debt expense in the three and nine months ended September 30, 2024 and recognized $50,000 in the three and nine months ended September 30, 2023. Concentrations of credit risk with respect to accounts receivable have been typically limited because a large number of geographically diverse customers make up the Company’s customer base, thus spreading the trade credit risk. The Company controls credit risk through credit approvals, credit limits, and monitoring procedures. The Company performs credit evaluations of its customers but generally does not require collateral to support accounts receivable. The Company had two customers that accounted for more than 10% of total accounts receivable at September 30, 2024 and one customer that accounted for more than 10% of total accounts receivable at December 31, 2023. The Company had one customer that accounted for more than 10% of its revenue during the nine months ended September 30, 2024 and two customers that accounted for more than 10% of its revenue during the nine months ended September 30, 2023. Property and Equipment Property and equipment are recorded at cost, or if acquired in a business combination, at the acquisition date fair value. Depreciation is computed using the straight-line method over the estimated useful lives of the assets as follows: Computer Equipment 3 years Office Equipment 3 - 10 years Furniture and Fixtures 5 - 10 years The carrying amounts of assets sold or retired and the related accumulated depreciation are eliminated in the year of disposal, with resulting gains or losses included in general and administrative expense in the consolidated statements of operations. Goodwill Goodwill represents the excess of the consideration transferred for an acquired business over the fair value of the underlying identifiable net assets. The Company has goodwill in connection with its acquisitions of Ebyline, ZenContent, TapInfluence, and Hoozu. Goodwill is not amortized but instead tested for impairment at least annually. In the event that management determines that the value of goodwill has become impaired, the Company will record a charge in an amount equal to the excess of the reporting unit’s carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit during the fiscal quarter in which the determination is made. Goodwill is required to be tested for impairment at the reporting unit level. A reporting unit is an operating segment or one level below the operating segment level, which is referred to as a component. Management identifies its reporting units by assessing whether components (i) have discrete financial information available, (ii) engage in business activities, and (iii) whether a segment manager regularly reviews the component’s operating results. Prior to the acquisition of Hoozu on December 1, 2023, IZEA had one business operating segment with one reporting unit for purposes of goodwill impairment testing. Hoozu is being treated as a second, separate reporting unit for goodwill impairment testing. The Company performs its annual impairment tests of goodwill as of October 1 each year, or more frequently if certain indicators are present. In September 2024, the Company identified a triggering event related to the changes in executive management and Board level changes, including the Cooperation Agreement, and performed an interim assessment of Goodwill, as described in “Note 5 Intangible Assets.” Intangible Assets The Company acquired the majority of its intangible assets through its acquisitions of Ebyline, ZenContent, TapInfluence, and Hoozu. The Company amortizes identifiable intangible assets over periods of 12 to 60 months. See “Note 5 Intangible Assets” for further details. The Company accounts for its digital assets held as indefinite-lived intangible assets in accordance with ASC 350, Intangibles—Goodwill and Other. The Company maintains ownership of and control over its digital assets and may use third-party custodial services to secure them. The digital assets are initially recorded at cost and are subsequently evaluated for any changes in the fair market value. In December 2023, the FASB issued ASU No. 2023-08, Intangibles - Goodwill and Other - Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets (“ASU 2023-08”) . ASU 2023-08 requires fair value measurement of certain crypto assets each reporting period with the changes in fair value reflected in net income. The amendments also require disclosures of the name, fair value, units held, and cost bases for each significant crypto asset held and annual reconciliations of crypto asset holdings. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2024, with early adoption permitted. The Company has opted to adopt this guidance early. A cumulative effect adjustment to retained earnings was recognized as of January 1, 2023 for $7,632. This adjustment brought the carrying value in line with the fair market value as of December 31, 2022. Adjustments were recognized for all quarterly reporting periods for 2023 as of December 31, 2023 to restate the carrying value at the end of each period for the Company’s digital assets, as described in “Note 5 Intangible Assets.” In September 2024, the Company sold all of its digital assets for total proceeds of $190,170, net of de minimis fees. As of September 30, 2024, the Company no longer held any Bitcoin or Ethereum, as all digital assets were sold during the period. The Company did not recognize any impairment of digital assets during the three and nine months ended September 30, 2024, and 2023. The Company reviews long-lived assets, including software development costs and other intangible assets, for impairment whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. If an evaluation is required, the estimated future undiscounted cash flows associated with the asset are compared with the asset's carrying amount to determine if there has been an impairment, calculated as the difference between the asset’s fair value and the carrying value. Estimates of future undiscounted cash flows are based on expected growth rates for the business, anticipated future economic conditions, and estimates of residual values. Fair values take into consideration management estimates of risk-adjusted discount rates, which are believed to be consistent with assumptions that marketplace participants would use in their estimates of fair value. The Company did not recognize any impairment charges associated with the Company’s acquired intangible assets in the three and nine months ended September 30, 2024 and 2023. Software Development Costs In accordance with Accounting Standards Codification (“ASC”) 350-40, Internal Use Software, the Company capitalizes certain internal-use software development costs associated with creating and enhancing internally developed software related to its platforms. Software development activities generally consist of three stages (i) the research and planning stage, (ii) the application and development stage, and (iii) the post-implementation stage. Costs incurred in the research and planning stage and in the post-implementation stage of software development, or other maintenance and development expenses that do not meet the qualification for capitalization, are expensed as incurred. Costs incurred in the application and development stage, including significant enhancements and upgrades, are capitalized. These costs include personnel and related employee benefits expenses for employees or consultants directly associated with and who devote time to software projects and external direct costs of materials obtained in developing the software. The Company also capitalizes certain costs associated with cloud computing arrangements (“CCAs”). These software developments, acquired technology, and CCA costs are amortized on a straight-line basis over the estimated useful life of five years upon the initial release of the software or additional features. The Company reviews the software development costs for impairment when circumstances indicate their carrying amounts may not be recoverable. If the carrying value of an asset group is not recoverable, the Company recognizes an impairment loss for the excess carrying value over the fair value in its consolidated statements of operations. See “Note 6 Software Development Costs” for further details. Leases Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) , established a right-of-use model that requires a lessee to record a right-of-use asset and a right-of-use liability on the balance sheet for all leases with terms longer than 12 months. Leases are classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The Company does not record leases on the balance sheet that have a lease term of 12 months or less at the commencement date. Revenue Recognition The Company generates revenue from four primary sources: (1) revenue from its managed services when a marketer (typically a brand, agency, or partner) pays the Company to provide custom content, influencer marketing, amplification, or other campaign management services (“Managed Services”); (2) revenue from fees charged to software customers on their marketplace spend within the Company's platforms (“Marketplace Spend Fees”); (3) revenue from license and subscription fees charged to access our platforms (“License Fees”); and, (4) revenue from other fees such as inactivity fees, early cash-out fees, and other miscellaneous fees charged to users of the Company's platforms (“Other Fees”). The Company recognizes revenue in accordance with Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (“ASC 606”). Under ASC 606, revenue is recognized based on a five-step model as follows: (i) identify the contract with the customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) performance obligations are satisfied. The core principle of ASC 606 is that revenue is recognized when the transfer of promised goods or services to customers is made in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company applies the five-step model to contracts when it is probable that it will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of ASC 606, the Company assesses the goods or services promised within each contract and determines those that are distinct performance obligations. The Company also determines whether it acts as an agent or a principal for each identified performance obligation. The determination of whether the Company acts as principal or agent is highly subjective and requires the Company to evaluate a number of indicators individually and as a whole in order to make its determination. For transactions in which the Company acts as a principal, revenue is reported on a gross basis as the amount paid by the marketer for the purchase of content or sponsorship, promotion, and other related services, and the Company records the amounts it pays to third-party creators as cost of revenue. For transactions in which the Company acts as an agent, revenue is reported on a net basis as the amount the Company charged to the self-service marketer using the Company’s platforms, less the amounts paid to the third-party creators providing the service. The Company maintains separate arrangements with each marketer and content creator either in the form of a master agreement or terms of service, which specify the terms of the relationship and access to its platforms or by statement of work, which specifies the price and the services to be performed, along with other terms. The transaction price is determined based on the fixed fee stated in the statement of work and does not contain variable consideration. Marketers who contract with the Company to manage their advertising campaigns or custom content requests may prepay for services or request credit terms. Payment terms are typically 30 days from the invoice date. The agreement typically provides for either a non-refundable deposit or a cancellation fee if the agreement is canceled by the customer prior to the completion of services. Billings in advance of completed services are recorded as a contract liability until earned. The Company assesses collectability based on several factors, including the creditworthiness of the customer and payment and transaction history. The Company does not typically engage in contracts that are longer than one year. Therefore, the Company does not capitalize costs to obtain its customer contracts as these amounts generally would be recognized over a period of less than one year and are not material. Managed Services Revenue For Managed Services Revenue, the Company enters into an agreement to provide services that may include multiple distinct performance obligations in the form of (i) an integrated marketing campaign to provide influencer marketing services, which may include the provision of blogs, tweets, photos, or videos shared through social network offerings and content promotion, such as click-through advertisements appearing in websites and social media channels, and (ii) custom content items, such as a research or news articles, informational material or videos. Marketers typically purchase influencer marketing services to provide public awareness or advertising buzz regarding the marketer’s brand and purchase custom content for internal and external use. The Company views its obligation to deliver influencer marketing services, including management services, as a single performance obligation that is satisfied over time as the customer receives the benefits from the services. The majority of revenue is recognized using an input method of costs incurred compared to total expected costs to measure the progress towards satisfying the overall performance obligation of the marketing campaign. The Company’s performance obligation in certain contracts with customers may be a stand-ready promise to provide influencer marketing services for an unknown or unspecified quantity of deliverables for a specified term. Under a stand-ready obligation, the Company’s performance obligation is satisfied over time throughout the contract term, and therefore, revenue is recognized straight-line over the life of the contract. The Company may provide one type or a combination of all types of these influencer marketing services on a statement of work for a lump sum fee. When multiple types of performance obligations exist in a contract, the Company allocates revenue to each distinct performance obligation at contract inception based on its relative standalone selling price. These performance obligations are to be provided over a period that generally ranges from one day to one year. The delivery of custom content represents a distinct performance obligation that is satisfied at a point in time when each piece of content is delivered to the customer. Based on the Company’s evaluations, revenue from Managed Services is reported on a gross basis because the Company has the primary obligation to fulfill the performance obligations, and it creates, reviews, and controls the services. The Company takes on the risk of payment to any third-party creators, and it establishes the contract price directly with its customers based on the services requested in the statement of work. Marketplace Spend Fees Revenue For Marketplace Spend Fees Revenue, the self-service customers instruct creators found through the Company’s platforms to provide and/or distribute custom content for an agreed-upon transaction price. The Company’s platforms control the contracting, description of services, acceptance of, and payment for the requested content. This service is used primarily by news agencies or marketers to control the outsourcing of their content and advertising needs. The Company charges the self-service customer the transaction price plus a fee based on the contract. Revenue is recognized when the transaction is completed by the creator and accepted by the marketer or verified as posted by the system. Based on the Company’s evaluations, this revenue is reported on a net basis since the Company is acting as an agent through its platform for the third-party creator to provide the services or content directly to the self-service customer or to post approved content through one or more social media platforms. License Fees Revenue License Fees Revenue is generated by granting customers limited, non-exclusive, non-transferable access to the Company’s technology platforms for an agreed-upon subscription period. Customers access the platforms to manage their influencer marketing campaigns. Fees for subscription or licensing services are recognized straight-line over the term of the service. Other Fees Revenue Other Fees Revenue is generated when fees are charged to the Company’s platform users primarily related to monthly plan fees, which are recognized within the month they relate to. Advertising Costs Advertising costs are charged to expense as they are incurred, including payments to content creators to promote the Company. Advertising costs for the three months ended September 30, 2024 and 2023 were approximately $0.6 million and $0.7 million, respectively. Advertising costs charged to operations for the nine months ended September 30, 2024, and 2023 were approximately $2.1 million and $2.0 million, respectively. Advertising costs are included in sales and marketing expense in the accompanying consolidated statements of operations. Income Taxes Deferred income taxes are accounted for using the balance sheet approach, which requires recognition of deferred tax assets and liabilities for the expected future consequences of temporary differences between the financial reporting basis and the tax basis of assets and liabilities. A valuation allowance is provided when it is more likely than not that a deferred tax asset will not be realized. The Company incurs state franchise tax in ten states, which is included in general and administrative expense in the consolidated statements of operations and comprehensive loss. The Company identifies and evaluates uncertain tax positions, if any, and recognizes the impact of uncertain tax positions for which there is a less than more likely-than-not probability of the position being upheld when reviewed by the relevant taxing authority. Such positions are deemed to be unrecognized tax benefits, and a corresponding liability is established on the balance sheet. The Company has not recognized a liability for uncertain tax positions. If there were an unrecognized tax benefit, the Company would recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company’s tax years subject to examination based on the statute of limitations by the IRS is generally three years; however, the IRS may examine records and other evidence from the year the net operating loss was generated when the Company utilizes net operating loss carryforwards in future periods. The Company’s tax years subject to examination by the Canadian Revenue Agency and the Australian Taxation Office is generally four years. Fair Value of Financial Instruments The Company’s financial instruments are recorded at fair value. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The valuation techniques are based on observable and unobservable inputs. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect certain market assumptions. There are three levels of inputs that may be used to measure fair value: • Level 1 – Valuation based on quoted market prices in active markets for identical assets and liabilities. • Level 2 – Valuation based on quoted market prices for similar assets and liabilities in active markets. • Level 3 – Valuation based on unobservable inputs that are supported by little or no market activity, therefore requiring management’s best estimate of what market participants would use as fair value. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management. As of September 30, 2024, the Company holds Level 1 and Level 2 financial assets; this is discussed further in Note 3 - Financial Instruments of Notes to the Consolidated Financial Statements. Stock-Based Compensation Stock-based compensation cost related to stock options granted under the 2011 Equity Incentive Plan, as amended, (the “2011 Equity Incentive Plan”), and the IZEA Worldwide, Inc. 2023 Inducement Plan (the “Inducement Plan” (see “Note 10 Stockholder’s Equity”) is measured at the grant date, based on the fair value of the award, and is recognized as expense over the employee’s requisite service period on a straight-line basis. The Company estimates the fair value of each option award on the date of grant using a Black-Scholes option-pricing model that uses the assumptions noted in the table below. The Company uses the simplified method to estimate the expected term of employee stock options because it does not believe historical exercise data will provide a reasonable basis for estimating the expected term for the current share options granted. The simplified method assumes that employees will exercise share options evenly between the period when the share options are vested and ending on the date when the options would expire. The Company uses the closing stock price of its common stock on the date of the grant as the associated fair value of its common stock. The Company uses the risk-free interest rate on the implied yield currently available on U.S. Treasury issues with an equiva

Business Acquisitions

Business Acquisitions	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Business Acquisitions	BUSINESS ACQUISITIONS Hoozu Holdings, LTD. On December 1, 2023, the Company completed the announced acquisition of Hoozu Holdings, LTD (now Hoozu Holdings Pty Ltd.)(“Hoozu”) from Hoozu investors. Hoozu is a leading Australian influencer marketing company headquartered in Sydney. The company serves a roster of the region’s most innovative brands, including Bunnings, Emma Sleep, Super Cheap Auto, and Ryobi. In addition to its core services, Hoozu’s talent management division, called Huume, represents creators in the Australian market. The net purchase price was approximately $2.5 million, including cash consideration of $0.6 million and 726,210 shares of common stock, valued at approximately $1.7 million at the acquisition date, based on the closing market share price on the acquisition date. Approximately $150,000 of transaction-related costs are separately recorded in general and administrative costs in the accompanying consolidated statement of operations for the year ended December 31, 2023. The Company accounted for the acquisition in accordance with ASC 805, which requires the assets acquired and liabilities assumed to be recognized on the balance sheet at their fair values as of the acquisition date. Gross Purchase Consideration 12/1/2023 Cash paid at closing $ 595,411 Stock issued at closing 1,746,535 First deferred purchase price installment (1) 114,400 Second deferred purchase price installment (1) 60,600 Total estimated consideration $ 2,516,946 (1) The Company’s acquisition of Hoozu on December 1, 2023, included four equal contingent cash consideration payments totaling $396,940, with twelve-month measurement periods ending December 31, 2024 and 2025. The contingent payments are based on meeting minimum Revenue and Adjusted Earnings before Taxes and Depreciation thresholds for each measurement period. The contingent payments are hit-or-miss, with the first measurement period payments carrying a make-up provision during the second measurement period. The Company determined the fair value of these contingent payments, using Monte Carlo simulation methods, to be $175,000 at the acquisition date, subject to periodic adjustment until both measurement periods are completed. During the quarter that ended June 30, 2024, the Company determined that based upon the lag behind Hoozu’s revenue and profitability growth, achieving the deferred purchase price targets for both 2024 and 2025 is not probable and accordingly reduced these installment balances to their expected payout value. The Company affirmed its probability assessment as of September 30, 2024. The table below presents the fair values on December 1, 2023, allocated to the assets acquired and liabilities assumed. The purchase accounting and purchase price allocation for Hoozu are complete. The fair values are presented in the following table: Provisional Fair Value 12/1/2023 Accounts receivable $ 419,336 Prepaid expenses 15,750 Property and equipment, net 9,033 Intangible assets Tradename 668,000 Customer list 935,000 Goodwill 1,265,155 Deferred tax liability (400,750) Accounts payable (718,515) Current liabilities (930,655) Purchase consideration, excluding cash received $ 1,262,354 Plus: cash received 1,254,592 Total purchase consideration $ 2,516,946 Accounts receivable shown in the table above represent their gross amount, which approximates the fair value, and are expected to be collected in full. The significant fair value estimates included in the allocation of purchase price are discussed below. The Company has determined that the fair value is $0 as of September 30, 2024. This valuation reflects substantial adverse changes in Hoozu’s financial condition and projected outlook, resulting in a complete reduction of its recorded value. Other Intangible Assets Other intangible assets with definite lives include acquired customer relationships of $0.9 million and tradename of $0.7 million. The preliminary customer-related intangible assets’ fair value was determined by using the income approach, while the tradename fair value was determined utilizing the relief from the royalty method. Acquired customer relationships and tradename generally have useful lives of 10 years, unless shorter periods are warranted, and are amortized to operating costs on an accelerated basis. Goodwill The excess of consideration for Hoozu over the preliminary net fair value of assets acquired and liabilities assumed resulted in the provisional recognition of $1.3 million of goodwill, which is not deductible for tax purposes. Goodwill is primarily attributable to the assembled workforce and synergies. Contingent Liability Contingent liability purchase price installments, which total $396,940 based on meeting certain revenue and EBITDA milestones for 2024 and 2025, were recorded at their fair value of $175,000 at the acquisition date. The contingent liability value is subject to periodic adjustment until both measurement dates are completed. No adjustment was recorded in December 2023. As of June 30, 2024, the Company reassessed the fair value of the contingent performance-based consideration related to the earnout provision of the acquisition of Hoozu. Based on actual performance to date, and revised projections of Hoozu’s business performance, it was determined that the contingent milestones were no longer probable of being achieved. Consequently, the contingent liability was adjusted to the expected payout value, resulting in a gain of $175,000 recognized as a reduction to general and administrative expense in the consolidated statements of income. This adjustment reflects our updated expectation of future performance and aligns with the requirements of ASC 805, which expectations were affirmed as of September 30, 2024. Privatization of Hoozu Holdings, Ltd On March 27, 2024, Hoozu Holdings, Ltd was privatized and restructured to become Hoozu Holdings Pty, Ltd. This administrative change reflects a desire to streamline financial operations. 26 Talent On July 1, 2024, the Company, through its subsidiary Hoozu, completed the acquisition of 26 Talent, in connection with the Company’s strategic expansion efforts in Asia-Pacific (APAC) region. 26 Talent is a talent management agency. Consideration for the acquisition consisted of cash of $150,000 and contingent consideration totaling up to $120,000, with twelve-month measurement periods ending July 31, 2025, and 2026. The contingent payments are based on meeting minimum Revenue thresholds for each measurement period. The contingent payments are hit-or-miss. The Company accounted for the acquisition in accordance with ASC 805, which requires the assets acquired and liabilities to be assumed to be recognized on the balance sheet at their fair market value as of the acquisition date. Gross Purchase Considerations 07/1/2024 Cash paid at closing $ 150,000 First deferred purchase price installment (1) 38,000 Second deferred purchase price installment (1) 48,000 Total estimated consideration $ 236,000 (1) The Company’s acquisition of 26 Talent on July 1, 2024, included two equal contingent cash consideration payments totaling up to $120,000, with twelve-month measurement periods ending July 31, 2025 and 2026. The contingent payments are based on meeting minimum Revenue and Adjusted Earnings before Taxes and Deprecation thresholds for each measurement period. The contingent payments are hit-or-miss. The Company determined the fair value of these contingent payments, using Monte Carlo simulation methods, to be $86,000 at the acquisition date, subject to periodic adjustment until both measurement periods are complete. The table below presents the provisional fair values on July 1, 2024, allocated to the assets acquired and liabilities assumed. The purchase accounting and purchase price allocation for 26 Talent are provisional. The fair values are presented in the following table: Preliminary Purchase Price Allocation Accounts receivable $ 146,857 Prepaid expenses 8,480 Customer list 162,575 Accounts payable (14,590) Current liabilities (159,716) Purchase consideration, excluding cash received $ 143,606 Plus cash received 92,394 Total purchase consideration $ 236,000 Accounts receivable shown in the above table represent their gross amount, which approximates the fair value, and are expected to be collected in full. The significant fair value estimates included in the provisional allocation of purchase price are discussed below. Other Intangible Assets Other intangible assets with definite lives include acquired customer relationships of $0.2 million. The preliminary customer-related intangible assets’ fair value was determined by using the income approach. Acquired customer relationships generally have useful lives of 10 years, unless shorter periods are warranted, and are amortized to operating costs on an accelerated basis. Contingent Liability Contingent liability purchase price installments, which total $120,000 based on meeting certain revenue and EBITDA milestones for 2025 and 2026, were recorded at their fair value of $86,000 at the acquisition date. The contingent liability value is subject to periodic adjustment until both measurement dates are completed. The fair value of the contingent liability value was increased to $92,000 in the three months ended September 30, 2024. Zuberance On December 1, 2023, the Company entered into an Asset Purchase Agreement (the “Agreement”) with Zuberance, Inc., a Delaware corporation (“Zuberance”). Zuberance is a pioneering advocate marketing software platform. Zuberance provides marketers with the tools to build white-label communities of their customers and influencers while engaging these communities to serve as advocates for their brand, leading to low-cost content creation. The net purchase price was $18,400 in cash consideration, allocated to the fair value of assets acquired and liabilities assumed, as shown in the following table: Estimated Fair Value Intangibles-customer relationships $ 162,725 Current liabilities (58,138) Deferred revenue (86,187) Total purchase price $ 18,400 The customer-related intangible assets’ fair value was determined by using the income approach, has an estimated useful life of 5 years, and will be amortized to operating expenses on an accelerated basis. Other On July 24, 2024 the Company entered into an agreement with The Reiman Agency (“TRA”) and subsequently terminated this agreement, effective September 30, 2024.

Financial Instruments

Financial Instruments	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Financial Instruments	FINANCIAL INSTRUMENTS Cash, Cash Equivalents, and Marketable Securities (Available for Sale) The Company has engaged a third party registered investment advisor and appointed a leading national bank for custody services with respect to investment securities. Investments comply with the Company’s revised investment strategy policy, designed to preserve capital, minimize investment risks, and maximize returns. The following table shows the Company’s cash, cash equivalents, and marketable securities by significant investment category as of September 30, 2024: Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Cash and Cash Equivalents Current Marketable Securities (1) Cash and cash equivalents $ 4,869,228 $ — $ — $ 4,869,228 $ 4,869,228 $ — Level 1 (2) Commercial paper — — — — — Money market funds 41,088,872 — — 41,088,872 41,088,872 — US Treasury securities 1,009,767 — (8,670) 1,001,097 — 1,001,097 Subtotal 42,098,639 — (8,670) 42,089,969 41,088,872 1,001,097 Level 2 (3) Asset back securities 1,245,068 15,828 (257) 1,260,639 — 1,260,639 Corporate debt securities 6,179,346 — (21,830) 6,157,516 — 6,157,516 Subtotal 7,424,414 15,828 (22,087) 7,418,155 — 7,418,155 Total $ 54,392,281 $ 15,828 $ (30,757) $ 54,377,352 $ 45,958,100 $ 8,419,252 (1) Current Marketable Securities have a holding period under one (2) Level 1 fair value estimates are based on quoted prices in active markets for identical assets and liabilities. (3) Level 2 fair value estimates are based on observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets and liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets and liabilities. The Company records the fair value of cash equivalents and marketable securities on the balance sheet. The adjusted cost, which includes unrealized gains and losses, reflects settlement amounts if all investments are held to maturity. The Company recognized a gain of $1,802 and a loss of $3,257 for the three and nine months ended September 30, 2024, and recognized gains of $0 and $104 for the three and nine months ended September 30, 2023, respectively. Realized gains and losses are a component of other income (expense), net. Unrealized gains and losses are a component of other comprehensive income (loss) (“OCI”). The following table summarizes the estimated fair value of investments in marketable debt securities by stated contractual maturity dates: As of September 30, 2024 As of December 31, 2023 Due in 1 year or less $ 8,419,252 $ 17,126,057 Due in 1 year through 5 years — 9,618,996 Total $ 8,419,252 $ 26,745,053 The following table presents fair values and net unrealized gains (losses) recorded to OCI, aggregated by investment category: September 30, 2024 December 31, 2023 Fair Value Net Unrealized Gain (Loss) Fair Value Net Unrealized Gain (Loss) Cash and cash equivalents $ 45,958,100 $ — $ 37,446,728 $ — Government bonds 1,001,097 (8,670) 6,939,713 (79,840) Corporate debt securities 6,157,516 (21,830) 16,196,931 (124,431) Asset backed securities 1,260,639 15,571 3,608,409 (46,320) Total $ 54,377,352 $ (14,929) $ 64,191,781 $ (250,591) During the three and nine months ended September 30, 2024, the Company did not recognize any credit losses and had no ending allowance balance for credit losses.

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment	PROPERTY AND EQUIPMENT Property and equipment consist of the following: September 30, 2024 December 31, 2023 Furniture and fixtures $ 29,848 $ 29,848 Office equipment 8,506 8,506 Computer equipment 290,934 281,950 Total 329,288 320,304 Less accumulated depreciation (192,365) (114,927) Property and equipment, net $ 136,923 $ 205,377 Depreciation expense on property and equipment recorded in depreciation and amortization expense in the consolidated statements of operations and comprehensive loss was $26,821 and $26,583 for the three months ended September 30, 2024 and 2023, respectively, and was $80,079 and $72,529 for the nine months ended September 30, 2024 and 2023, respectively.

Intangible Assets

Intangible Assets	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	INTANGIBLE ASSETS Definite Lived Intangible Assets Definite lived intangible assets, net of amortization as of September 30, 2024 and December 31, 2023 totaled $1.7 million and $1.7 million, respectively. September 30, 2024 December 31, 2023 Balance Accumulated Amortization Net Book Value Balance Accumulated Amortization Net Book Value Useful Life in years Trade names $ 668,169 $ 74,925 $ 593,244 $ 668,000 $ 5,567 $ 662,433 10 Customer lists Hoozu 935,234 106,794 828,440 935,000 7,791 927,209 10 Zuberance 162,508 36,113 126,395 162,508 2,709 159,799 5 26 Talent 109,619 2,740 106,879 — — — 10.0 Total definite-lived intangible assets $ 1,875,530 $ 220,572 $ 1,654,958 $ 1,765,508 $ 16,067 $ 1,749,441 Total intangible assets from the Company’s acquisitions and other acquired assets net of accumulated amortization thereon consists of the following: September 30, 2024 December 31, 2023 Hoozu intangible assets $ 1,603,403 $ 1,603,000 Zuberance intangible assets 162,508 162,508 26 Talent intangible assets 109,619 — Total $ 1,875,530 $ 1,765,508 Less accumulated amortization (220,572) (16,067) Intangible assets, net $ 1,654,958 $ 1,749,441 As of September 30, 2024, future estimated amortization expense related to identifiable assets is set forth in the following schedule: Future Amortization of Intangible Assets Amount Remainder of 2024 80,402 2025 271,827 2026 246,576 2027 221,324 2028 196,073 2029+ 638,756 Total $ 1,654,958 There were no impairment charges associated with the Company’s identifiable intangible assets, other than digital assets, in the nine months ended September 30, 2024, and 2023. Amortization expense recorded in depreciation and amortization in the accompanying consolidated statements of operations and comprehensive loss was $203,728 and $0 for the nine months ended September 30, 2024 and 2023, respectively. Digital Assets In September 2024, the Company sold all of its digital assets for total proceeds of $190,170, net of de minimis fees. As of September 30, 2024 , the Company no longer held any Bitcoin or Ethereum, as all digital assets were sold during the period. The Company recorded a loss of $51,703 and a gain $28,412 for the three and nine months ended September 30, 2024, respectively. The Company determines the fair value of its digital assets on a recurring basis in accordance with ASU 2023-8, Accounting for and Disclosure of Crypto Assets , based on quoted prices on the active exchange(s) that has been determined to be the principal market for such assets (Level 1 inputs). The Company performs an analysis monthly to identify whether the fair market value of the digital assets has changed. If the then-current carrying value of a digital asset is different from the fair value so determined, an adjustment in the amount equal to the difference between their carrying value and the price determined is recognized. Gains and losses on digital assets are recognized within other income in the consolidated statements of operations and comprehensive loss in the period in which the change to fair market value is identified. In determining the gain to be recognized upon sale, the Company calculates the difference between the sales price and carrying value of the digital assets sold immediately prior to sale. Goodwill The Company’s goodwill balance changed as follows: Amount Balance on December 31, 2022 $ 4,016,722 Acquisitions during 2023 1,265,155 Currency translation adjustment $ (1,505) Balance on December 31, 2023 $ 5,280,372 Impairment of goodwill (4,016,722) Currency translation adjustment (313) Balance on September 30, 2024 $ 1,263,337 The Company completed its acquisition of Hoozu on December 1, 2023. While Hoozu’s business is reported together with our Managed Services business, it will be treated as a separate component for Goodwill impairment testing. The Company performs an annual impairment assessment of goodwill on October 1 each year or more frequently, if certain indicators are present. In September 2024, the Company identified a triggering event related to the changes in executive management and Board level changes, including the Cooperation Agreement. The Company performed an interim assessment of goodwill using the income approach of the discounted cash flow method and the market approach of the guideline transaction method and determined that the carrying value of the Company’s IZEA reporting segment as of September 30, 2024, exceeded the fair value. As a result of the valuation, the Company recorded a $4 million impairment of goodwill in the three and nine months ended September 30, 2024. The Company also performed a qualitative assessment of the carrying value of its Hoozu reporting unit, which did not indicate impairment as of September 30, 2024.

Software Development Costs

Software Development Costs	9 Months Ended
	Sep. 30, 2024
Research and Development [Abstract]
Software Development Costs	SOFTWARE DEVELOPMENT COSTS Software development costs consist of the following: September 30, 2024 December 31, 2023 Software development costs $ 6,081,303 $ 5,390,403 Less accumulated amortization (3,719,407) (3,333,431) Software development costs, net $ 2,361,896 $ 2,056,972 In 2022, the Company began developing two new web-based influencer marketing platforms, IZEA Flex and Marketplace, to replace IZEAx and Shake, respectively. IZEAx was sunset in mid-2023, and Shake was sunset in Q4 of 2022. The Company capitalized software development costs of $253,749 and $690,901 during the three and nine months ended September 30, 2024, respectively. The Company capitalized software development costs of $234,176 and $672,053 during the three and nine months ended September 30, 2023, respectively. As a result, the Company has capitalized a total of $6.1 million in direct materials, consulting, payroll, and benefit costs to its internal-use software development costs in the consolidated balance sheet as of September 30, 2024. The Company amortizes its software development costs, commencing upon initial release of the software or additional features, on a straight-line basis over the estimated useful life of five years, which is consistent with the amount of time its legacy platforms were in service, or its actual useful life, if shorter. The Company recorded amortization expense associated with its capitalized software development cost of $133,290 and $90,961 during the three months ended September 30, 2024 and 2023, respectively. The Company recorded amortization expense associated with its capitalized software development cost of $385,976 and $501,708 during the nine months ended September 30, 2024 and 2023, respectively. As of September 30, 2024, future estimated amortization expense related to software development costs is set forth in the following schedule: Software Development Amortization Expense 2024 132,693 2025 616,287 2026 610,539 2027 576,503 2028 307,476 2029 118,398 Total $ 2,361,896

Accrued Expenses

Accrued Expenses	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Accrued Expenses	ACCRUED EXPENSES Accrued expenses consist of the following: September 30, 2024 December 31, 2023 Accrued payroll liabilities $ 2,227,765 $ 2,153,617 Accrued taxes 175,629 253,677 Current portion of finance obligation 59,386 59,386 Accrued other 1,611,700 (1) 616,780 Total accrued expenses $ 4,074,480 $ 3,083,460 (1) During the quarter ended September 30, 2024, the Company announced the departure of two executives. In accordance with their separation agreements and the payments they are entitled to receive, a severance amount of $825,000 was accrued.

Notes Payable

Notes Payable	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Notes Payable	NOTES PAYABLE Finance Obligation The Company pays for its laptop computer equipment through long-term payment plans, using an imputed interest rate of 8%, based on its incremental borrowing rate, to determine the present value of its financial obligation and to record interest expense over the term of the plan. The Company refreshed a portion of its computer inventory during the fourth quarter of 2022, entering a new three-year payment plan with the same vendor. The total balance owed was $78,267 and $122,805 as of September 30, 2024 and December 31, 2023, respectively, with the short-term portion of $59,386 and $59,386 recorded under accrued expenses in the consolidated balance sheets as of September 30, 2024 and December 31, 2023, respectively. Summary Interest expense on financing arrangements recorded in the Company’s consolidated statements of operations was $5,654 and $6,373 during the nine months ended September 30, 2024 and 2023, respectively. As of September 30, 2024, the future contractual maturities of the Company’s long-term payment obligations by year are set forth in the following schedule: 2024 $ 14,847 2025 56,683 2026 6,737 Total $ 78,267

Commitments and Contingencies (

Commitments and Contingencies (Notes)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Deferred Purchase Price The Company’s acquisition of Hoozu on December 1, 2023 included four equal contingent cash consideration payments totaling $396,940, with twelve-month measurement periods ending December 31, 2024 and 2025. The contingent payments are based on meeting minimum Revenue and Adjusted Earnings before Taxes and Depreciation thresholds for each measurement period. The contingent payments are hit-or-miss, with the first measurement period payments carrying a make-up provision during the second measurement period. The Company determined the initial fair value of these contingent payments to be $175,000, subject to quarterly adjustment until both measurement periods are completed. As of June 30, 2024, the Company reassessed the fair value of the contingent performance-based consideration related to the earnout provision of the acquisition of Hoozu. Based on actual performance to date, and revised projections of Hoozu’s business performance, it was determined that achieving the contingent milestones was no longer probable. Consequently, the contingent liability was written off, resulting in a gain of $175,000 recognized as a reduction to general and administrative expense in the consolidated statements of income. This adjustment reflects our updated expectation of future performance and aligns with the requirements of ASC 805. The fair value will continue to be subject to quarterly assessment until the completion of both measurement periods. The Company’s acquisition of 26 Talent through its subsidiary Hoozu on July 1, 2024, included two equal contingent cash consideration payments totaling $120,000, with twelve-month measurement periods ending July 31, 2025, and 2026. The contingent payments are based on meeting minimum Revenue thresholds for each measurement period. The contingent payments are hit-or-miss. The Company determined the fair value of these contingent payments to be $86,000 at the acquisition date, subject to periodic adjustment until both measurement periods are completed. On September 30, 2024, the accreted fair value of the earnout payments was $92,000. Lease Commitments The Company does not have any operating or finance leases greater than 12 months in duration as of September 30, 2024. Retirement Plans The Company offers a 401(k) plan to all of its eligible employees. The Company matches participant contributions in an amount equal to 50% of each participant’s contribution up to 8% of the participant’s salary. The participants become vested in 20% annual increments after two years of service, or fully vest upon the age of 60. Total expense for employer matching contributions during the three and nine months ended September 30, 2024 and 2023 was recorded in the Company’s consolidated statements of operations as follows: Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Cost of revenue $ 18,741 $ 16,752 $ 60,941 $ 61,028 Sales and marketing 28,713 18,384 88,943 51,800 General and administrative 38,397 39,136 130,999 116,963 Total contribution expense $ 85,851 $ 74,272 $ 280,883 $ 229,791 Litigation

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Stockholders' Equity	STOCKHOLDERS’ EQUITY Authorized Shares The Company has 50,000,000 authorized shares of common stock and 10,000,000 authorized shares of preferred stock, each with a par value of $0.0001 per share. 500,000 shares of preferred stock are designated as Series A Junior Participating Preferred Stock. Share Repurchase On March 30, 2023, the Company announced that its Board of Directors had authorized a $1.0 million share repurchase program of the Company’s common stock. During the repurchase program, the Company purchased 365,855 shares of the Company’s common stock on the open market with an average price per share of $1.23, for a total of $1.0 million. Shares purchased before June 16, 2023 have been adjusted for the reverse stock split. Repurchased shares have the status of treasury shares and may be issued, if and when needed, for general corporate purposes. The repurchase program was completed in August 2023. On June 28, 2024, the Company announced that its Board of Directors had authorized a $10.0 million share repurchase program of the Company’s common stock. The repurchase program is subject to market conditions and the Company’s inside trading windows. As of September 30, 2024, 21,983 shares had been repurchased under the program with an average price per share of $2.5955, for a total of $57,057. On September 30, 2024, the Company entered into an agreement adopted under the safe harbor provided by Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The agreement, which assists the Company in implementing its stock repurchase programs, provides for the purchase of up to $9.9 million, the remaining amount under its $10.0 million share repurchase program. Purchases may commence on November 1, 2024, and terminate on the earliest of May 15, 2025, until the aggregate number of shares are repurchased or upon certain other events. Purchases will be made from time to time, depending on market conditions, in open market or privately negotiated transactions, at prices deemed appropriate by management. Equity Incentive Plan The Company’s stockholders approved an amendment and restatement of the 2011 Equity Incentive Plan at the Company’s 2023 Annual Meeting of Stockholders held on October 17, 2023, to increase the number of plan shares by 1,800,000 shares, from 1,875,000 to 3,675,000 shares. As of September 30, 2024, the Company had 354,775 remaining shares of common stock available for issuance pursuant to future grants under the 2011 Equity Incentive Plan. Restricted Stock Under the 2011 Equity Incentive Plan, the Board determines the terms and conditions of each restricted stock issuance, including any future vesting restrictions. In 2023, the Company issued its five independent directors a total of 131,520 shares of restricted common stock initially valued at $300,015 for their annual service as directors of the Company. The stock was granted in installments on the last day of each quarter and vested immediately. In the three and nine months ended September 30, 2024, the Company issued its seven independent directors a total of 28,748 and 93,133 shares of restricted common stock, respectively, with an aggregate grant date valuation of $229,063 for their service as directors of the Company. Approximately $75,000 worth of shares are granted on the last day of each quarter and vest immediately. The following table contains summarized information about restricted stock issued during the year ended December 31, 2023 and the nine months ended September 30, 2024: Restricted Stock Common Shares Weighted Average Weighted Average Nonvested at December 31, 2022 72 $ 5.36 0.3 Granted 131,520 2.28 Vested (131,592) 2.28 Nonvested at December 31, 2023 — $ — 0.0 Granted 93,133 2.46 Vested (93,133) 2.46 Nonvested at September 30, 2024 — $ — 0.0 Although restricted stock is issued upon the grant of an award, the Company excludes restricted stock from the computations within the financial statements of total shares outstanding and basic earnings per share until such time as the restricted stock vests. Expense recognized on restricted stock issued to directors for services was $79,057 and $75,003 during the three months ended September 30, 2024, and 2023, respectively and $229,063 and $225,012 during the nine months ended September 30, 2024, and 2023, respectively. There was no expense recognized on restricted stock issued to employees during the three months ended September 30, 2024, and 2023, respectively and $0 and $376 during the nine months ended September 30, 2024, and 2023, respectively. On September 30, 2024, the fair value of the Company’s common stock was approximately $2.75 per share and the intrinsic value on the non-vested restricted stock was $0. Future compensation expense related to issued, but non-vested, restricted stock awards as of September 30, 2024, is $0. Restricted Stock Units The Board determines the terms and conditions of each restricted stock unit award issued under the 2011 Equity Incentive Plan. During the nine months ended September 30, 2024, the Company issued a total of 804,800 restricted stock units initially valued at $1,843,989 to non-executive employees as additional incentive compensation. The restricted stock units vest between 12 and 36 months from issuance. During the nine months ended September 30, 2024, the Company issued a total of 822,860 restricted stock units initially valued at $1,821,588 to executives as additional incentive compensation. The restricted stock units vest between 12 and 48 months from issuance. The following table contains summarized information about restricted stock units during the year ended December 31, 2023 and the nine months ended September 30, 2024: Restricted Stock Units Common Shares Weighted Average Weighted Average Nonvested at December 31, 2022 329,070 $ 3.79 2.5 Granted 870,191 2.38 Vested (163,085) 3.55 Forfeited (73,327) 3.18 Nonvested at December 31, 2023 962,849 $ 2.60 2.5 Granted 1,627,660 2.25 Vested (1) (790,560) 2.54 Forfeited (282,798) 2.41 Nonvested at September 30, 2024 1,517,151 $ 2.29 1.4 (1) During the quarter ended September 30, 2024, the Company announced the departure of two executives. In accordance with their separation agreements, all outstanding equity awards, including stock options and restricted stock units (RSUs), held by the departing executives vested immediately upon separation, resulting in the vesting of 523,683 RSUs. Expense recognized on restricted stock units issued to employees was $1,502,854 and $183,665 during the three months ended September 30, 2024 and 2023, respectively and $2,153,453 and $464,964 during the nine months ended September 30, 2024 and 2023, respectively. On September 30, 2024, the fair value of the Company’s common stock was approximately $2.75 per share and the intrinsic value on the non-vested restricted units was $4,172,165. Future compensation related to the non-vested restricted stock units as of September 30, 2024 is $3,042,415 and it is estimated to be recognized over the weighted-average vesting period of approximately 1.4 years. Stock Options Under the 2011 Equity Incentive Plan, the Board determines the exercise price to be paid for the stock option shares, the period within which each stock option may be exercised, and the terms and conditions of each stock option. The exercise price of incentive and non-qualified stock options may not be less than 100% of the fair market value per share of the Company’s common stock on the grant date. If an individual owns stock representing more than 10% of the outstanding shares, the exercise price of each share of an incentive stock option must be equal to or exceed 110% of fair market value. Unless otherwise determined by the Board at the time of grant, the exercise price is set at the fair market value of the Company’s common stock on the grant date (or the last trading day prior to the grant date, if it is awarded on a non-trading day). Additionally, the term is set at ten years and the option typically vests on a straight-line basis over the requisite service period as follows: 25% one year from the date of grant with the remaining vesting monthly in equal increments over the following three years. The Company issues new shares for any stock awards or options exercised under its 2011 Equity Incentive Plan. A summary of option activity under the 2011 Equity Incentive Plan during the year ended December 31, 2023, and the nine months ended September 30, 2024, is presented below: Options Outstanding Common Shares Weighted Average Weighted Average Outstanding at December 31, 2022 415,562 $ 11.31 5.3 Exercised (586) 0.96 Expired (71,013) 19.99 Forfeited (362) 7.75 Outstanding at December 31, 2023 343,601 $ 9.53 5.2 Exercised (6,040) 1.23 Expired (483) 7.11 Forfeited (517) 9.19 Outstanding at September 30, 2024 336,561 $ 9.54 0.6 Exercisable at September 30, 2024 334,535 $ 9.67 0.6 During the nine months ended September 30, 2024, 6,040 options were exercised for gross proceeds of $13,482. The intrinsic value of the exercised options was $7,974. During the nine months ended September 30, 2023, 0 options were exercised for gross proceeds of $0. The intrinsic value of the exercised options was $0. The fair value of the Company's common stock on September 30, 2024 was approximately $2.75 per share, and the intrinsic value on outstanding options as of September 30, 2024 was $91,849. The intrinsic value of the exercisable options as of September 30, 2024 was $91,849. A summary of the nonvested stock option activity under the 2011 Equity Incentive Plan during the year ended December 31, 2023, and the nine months ended September 30, 2024, is presented below: Nonvested Options Common Shares Weighted Average Weighted Average Nonvested at December 31, 2022 72,474 $ 5.80 1.7 Vested (31,474) 9.53 Forfeited (14,627) 19.99 Nonvested at December 31, 2023 26,373 $ 8.83 1.1 Vested (23,830) 9.69 Forfeited (517) 9.19 Nonvested at September 30, 2024 2,026 $ 9.69 0.6 There were outstanding options to purchase 336,561 shares with a weighted average exercise price of $9.54 per share, of which options to purchase 334,535 shares were exercisable with a weighted average exercise price of $9.67 per share as of September 30, 2024. Expense recognized on stock options issued to employees during the nine months ended September 30, 2024 and 2023 was $171,897 and $172,773, respectively and $75,418 and $53,649 for the three months ended September 30, 2024 and 2023, respectively. Future compensation related to non-vested awards as of September 30, 2024 is $17,481, and it is estimated to be recognized over the weighted-average vesting period of approximately 0.6 years. No stock options were granted under the 2011 Equity Incentive Plan in the nine months ended September 30, 2024 and 2023. Inducement Plan On November 30, 2023, the Board of Directors adopted the IZEA Worldwide, Inc. 2023 Inducement Plan (the “Inducement Plan”) to accommodate equity grants to new employees hired by IZEA in connection with acquisition transactions, including the Hoozu acquisition. Under the Inducement Plan, IZEA may grant restricted stock units (“RSUs”), including performance-based and time-based RSUs, with respect to up to a total of 1,800,000 shares of IZEA common stock to new employees of IZEA or its subsidiaries. Pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules, the Inducement Plan was adopted without stockholder approval. In accordance with Rule 5635(c)(4) of the NASDAQ Listing Rules, awards under the Inducement Plan can only be made to individuals not previously employees or non-employee directors of IZEA (or following such individuals’ bona fide period of non-employment with IZEA), as an inducement material to the individuals’ entry into employment with IZEA or in connection with a merger or acquisition, to the extent permitted by Rule 5635(c)(3) of the NASDAQ Listing Rules. On December 1, 2023, the Board approved the grant of inducement awards under the Inducement Plan to five employees of Hoozu consisting of an aggregate of 328,354 performance-based RSUs as inducement awards material to such employees’ entering into employment with IZEA, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules. The RSU grants, which vest in annual increments over a three-year performance period based upon the achievement of certain revenue and profitability metrics, represent the maximum number of shares that can be earned under the awards. Vesting is also subject to the receipt’s continued service through each annual vesting date. Unearned RSUs will be forfeited if the minimum revenue in each period is not achieved. Each award is subject to the terms and conditions of the Inducement Plan and the terms and conditions of the applicable RSU award agreement covering the grant. Separately, on December 1, 2023, the IZEA Board approved the grant of an inducement award under the Inducement Plan in connection with the asset purchase from Zuberance consisting of 10,000 time-based RSUs as an inducement award material to such employee’s entering into employment with IZEA. On May 3, 2024, a total of 91,209 inducement shares, originally awarded on December 1, 2023, were forfeited as a result of an individual’s voluntary separation from the Company. On July 24, 2024, the Board of Directors of IZEA approved a grant of 169,357 time-based RSUs under the Inducement Plan. This grant is intended as an inducement for the employee to join IZEA in connection with the acquisition of TRA. On September 30, 2024 the grant of 169,357 time-based RSUs was rescinded due to the exit of TRA from IZEA Worldwide, Inc. As of September 30, 2024, an aggregate of 247,145 performance-based and time-based RSU awards have been granted in conjunction with our acquisitions, none of which have vested. Time-Based Performance Based Total Granted 179,355 318,354 497,709 Forfeited (179,355) (91,209) (270,564) Non-Vested — 227,145 227,145 Employee Stock Purchase Plan The amended and restated IZEA Worldwide, Inc. 2014 Employee Stock Purchase Plan (the “ESPP”) provides for the issuance of up to 125,000 shares of the Company’s common stock to employees regularly employed by the Company for 90 days or more on a full-time or part-time basis (20 hours or more per week on a regular schedule). The ESPP operates in successive six-month periods commencing at the beginning of each fiscal year half. Each eligible employee who elects to participate may purchase up to 10% of their annual compensation in common stock, not to exceed $21,250 annually or 2,000 shares per offering period. The purchase price will be the lower of (i) 85% of the fair market value of a share of common stock on the first day of the offering period or (ii) 85% of the fair market value of a share of common stock on the last day of the offering period. The ESPP will continue until January 1, 2028, unless otherwise terminated by the Board. The stock compensation expense on ESPP Options was $965 and $2,039 for the three months ended September 30, 2024, and 2023, respectively. The stock compensation expense on ESPP options was $3,006 and $4,638 for the nine months ended September 30, 2024, and 2023, respectively. As of September 30, 2024, there were 77,931 remaining shares of common stock available for future issuance under the ESPP. Shareholder Rights Plan On May 28, 2024, the Board of Directors declared a dividend to the holders of the Company’s common stock outstanding at the close of business on June 7, 2024 (the “Record Date”) of one preferred share purchase right (a “Right”) for each share of common stock. Each Right initially entitles the registered holder to purchase from the Company one one-thousandth of a share of Series A Junior Participating Preferred Stock, par value $0.001 per share (the “Preferred Shares”), at a price of $8.25 per one one-thousandth of a Preferred Share (the “Purchase Price”), subject to adjustment. The description and terms of the Rights are set forth in a rights agreement (the “Rights Agreement”), dated May 28, 2024 between the Company and Broadridge Corporate Issuer Solutions, LLC, as rights agent (the “Rights Agent”). Initially, the Rights are attached to all common stock certificates outstanding as of the Record Date, and evidenced by such shares being registered in the name of the holder thereof together with the Summary of Rights (as defined in the Rights Agreement), and no separate certificates evidencing the Rights (“Right Certificates”) will be issued. The Rights Agreement provides that, until the Distribution Date (as defined below), or earlier expiration or redemption of the Rights, (i) the Rights will be transferred with and only with the common stock, (ii) new common share certificates issued after the Record Date or upon transfer or new issuance of common stock will contain a legend incorporating the Rights Agreement by reference, and (iii) the surrender for transfer of any certificates for common stock outstanding as of the Record Date, even without such legend or a copy of the Summary of Rights, will also constitute the transfer of the Rights associated with the common stock represented by such certificate. The Rights would separate and begin trading separately from the common stock, and Right Certificates will be caused to evidence the rights on the earlier to occur of (i) the close of business on the tenth (10th) business day after a public announcement that a person or group of affiliated or associated persons (with certain exceptions noted below, an “Acquiring Person”) has acquired beneficial ownership of 15% or more of the outstanding common stock and (ii) the close of business on the tenth (10th) business day after the commencement by any person of, or of the first public announcement of the intention of any person to commence, a tender or exchange offer the consummation of which would result in such person becoming the beneficial owner of 15% or more of the outstanding shares of common stock (the earlier of such dates being called the “Distribution Date”). As soon as practicable following the Distribution Date, separate certificates evidencing the Rights (the “Rights Certificates”) will be mailed to holders of record of common stock as of the close of business on the Distribution Date and such separate Rights Certificates alone will evidence the Rights. “Acquiring Person” shall not include (i) any person who became an “Acquiring Person” as a result of the events described in (i) through (v) of Section 1 of the Rights Agreement, (ii) any Excluded Persons or Grandfathered Persons, each as defined under the Rights Agreement and (iii) any Exempt Persons (as defined below). The Rights are not exercisable until the Distribution Date. The Rights will expire at the earliest of (i) the close of business on May 28, 2025 or such later date as may be established by the Board of the Company prior to the expiration of the Rights, (ii) the time at which the Rights are redeemed or exchanged by the Company, and (iii) upon the occurrence of certain transactions. This description of the Rights Agreement herein does not purport to be complete and is qualified in its entirety by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K, filed with the SEC on May 28, 2024. Summary of Stock-Based Compensation The stock-based compensation cost related to all awards granted to employees is measured at the grant date, based on the fair value of the award, and is recognized as an expense over the employee’s requisite service period utilizing the weighted-average forfeiture rates as disclosed in “Note 1 Company and Summary of Significant Accounting Policies.” Total stock-based compensation expense recognized on restricted stock, restricted stock units, stock options, and employee stock purchase plan issuances during the three and nine months ended September 30, 2024 and 2023 was recorded in the Company’s consolidated statements of operations as follows: Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Cost of revenue 82,608 $ 24,202 191,053 $ 59,457 Sales and marketing 50,567 44,761 171,774 92,352 General and administrative (1) 1,446,061 170,390 1,965,529 490,943 Total stock-based compensation $ 1,579,236 $ 239,353 $ 2,328,356 $ 642,752 (1) During the quarter ended September 30, 2024, the Company announced the departure of two executives. In accordance with their separation agreements, all outstanding equity awards, including stock options and restricted stock units (RSUs), held by the departing executives vested immediately upon separation, resulting in an additional $1.1 million in stock expense being recognized. Accumulated Other Comprehensive Income (Loss) We recognize activity in other comprehensive income (loss) for unrealized gains and losses on securities and foreign currency translation adjustments. The activity in accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2024, and 2023, respectively, was as follows: Three Months Ended Three Months Ended Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income (Loss) Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income (Loss) Balance at June 30 $ (99,784) $ (12,302) $ (112,086) $ (644,515) $ — $ (644,515) Other comprehensive income (loss) 84,855 (94,195) (9,340) 131,198 — 131,198 Balance at September 30 $ (14,929) $ (106,497) $ (121,426) $ (513,317) $ — $ (513,317) Nine Months Ended Nine Months Ended Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income (Loss) Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income Balance at December 31 $ (250,591) $ — $ (250,591) $ (780,795) $ — $ (780,795) Other comprehensive income (loss) 235,662 (106,497) 129,165 267,478 — 267,478 Balance at September 30 $ (14,929) $ (106,497) $ (121,426) $ (513,317) $ — $ (513,317)

Loss per Common Share

Loss per Common Share	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Loss per Common Share	LOSS PER COMMON SHARE Basic earnings (loss) per common share is computed by dividing the net income or loss by the basic weighted-average number of shares of common stock outstanding during each period presented. Although restricted stock is issued upon the grant of an award, the Company excludes restricted stock from the computations of the weighted-average number of shares of common stock outstanding until the stock vests. Diluted loss per share is computed by dividing the net income or loss by the sum of the total of the basic weighted-average number of shares of common stock outstanding plus the additional dilutive securities that could be exercised or converted into common shares during each period presented less the amount of shares that could be repurchased using the proceeds from the exercises. Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Net loss $ (8,768,319) $ (1,982,938) $ (14,228,997) $ (5,822,703) Weighted average shares outstanding - basic and diluted 16,956,497 15,463,334 17,024,645 15,525,636 Basic and diluted loss per common share $ (0.52) $ (0.13) $ (0.84) $ (0.38) The Company excluded the following weighted average items from the above computation of diluted loss per common share, as their effect would be anti-dilutive: Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Stock options 336,561 344,401 336,561 310,815 Restricted stock units 1,693,080 590,250 1,498,841 461,615 Restricted stock — — — — Total excluded shares 2,029,641 934,651 1,835,402 772,430

Revenue

Revenue	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue	REVENUE The Company has consistently applied its accounting policies with respect to revenue to all periods presented in the consolidated financial statements contained herein. The following table illustrates the Company’s revenue by product service type: Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Managed Services Revenue $ 8,625,924 $ 7,837,725 $ 24,172,929 $ 26,958,860 SaaS Services Revenue 205,870 57,176 705,564 362,822 Total Revenue $ 8,831,794 $ 7,894,901 $ 24,878,493 $ 27,321,682 Managed Services revenue is comprised of two types of revenue, Sponsored Social and Content. Sponsored Social revenue, which totaled $7.6 million and $20.8 million for the three and nine months ended September 30, 2024, respectively, is recognized over time. Content revenue, which totaled $1.0 million and $3.4 million during the three and nine months ended September 30, 2024, respectively, is recognized at a point in time. The following table provides the Company’s revenues as determined by customer geographic region: Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Revenue from North America $ 7,534,435 $ 7,030,759 $ 20,561,879 $ 25,202,585 Revenue from APAC 1,203,702 — 3,343,124 — Revenue from Other 93,657 864,142 973,490 2,119,097 Total $ 8,831,794 $ 7,894,901 $ 24,878,493 $ 27,321,682 Contract Balances The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers reported in the Company’s consolidated balance sheet: September 30, 2024 December 31, 2023 Accounts receivable, net $ 6,488,379 $ 5,012,373 Contract liabilities (unearned revenue) 9,119,560 8,891,205 The Company does not typically engage in contracts that are longer than one year. Therefore, the Company will recognize substantially all of the contract liabilities recorded at the end of the year in the following year. The contract liability balance as of December 31, 2023 was $8.9 million. Of that balance, $8.0 million was carried to revenue during the first three quarters of 2024. The contract liability balance as of September 30, 2024 was $9.1 million. The Company expects to recognize the associated revenue during the next twelve months. The accounts receivable balance as of December 31, 2023 was $6.6 million. $0.2 million of the outstanding receivables balance from the prior year is still outstanding as of September 30, 2024. The carryforward receivables balance is fully reserved as of September 30, 2024. Contract receivables are recognized when the receipt of consideration is unconditional. Contract liabilities relate to the consideration received from customers in advance of the Company satisfying performance obligations under the terms of the contracts, which will be earned in future periods. Contract liabilities increase as a result of receiving new advance payments from customers and decrease as revenue is recognized upon the Company meeting the performance obligations. As a practical expedient, the Company expenses the costs of sales commissions that are paid to its sales force associated with obtaining contracts less than one year in length in the period incurred. Remaining Performance Obligations Due to most of the Company’s contracts being one year or less in length. As such, the remaining performance obligations at September 30, 2024 and December 31, 2023, are equal to the contract liabilities disclosed above. The Company expects to recognize the full balance of the unearned revenue on September 30, 2024 within the next year.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAX The provision for income taxes for interim periods is determined using an estimated annual effective tax rate in accordance with ASC 740-270, Income Taxes, Interim Reporting. The effective tax rate may be subject to fluctuations during the year as new information is obtained, which may affect the assumptions used to estimate the annual effective tax rate, including factors such as valuation allowances against deferred tax assets, the recognition or de-recognition of tax benefits related to uncertain tax position, if any, and changes in or the interpretation of tax laws in jurisdictions where the Company conducts business. The Company’s income tax expense and effective tax rate were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Income tax benefit (expense) $ 33,621 $ — $ 140,699 $ — Effective tax rate 0.4 % — % 1.0 % — %

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS The Company has completed an evaluation of all subsequent events through November 14, 2024 to ensure that these consolidated financial statements include appropriate disclosure of events both recognized in the consolidated financial statements and events which occurred but were not recognized in the consolidated financial statements. The Company has concluded the below that no subsequent event has occurred that requires disclosure.

Company and Summary of Signif_2

Company and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Nature of Business	Nature of Business IZEA Worldwide, Inc. (together with its wholly-owned subsidiaries, “IZEA” or the “Company”) is a Nevada corporation that was founded in February 2006 under the name PayPerPost, Inc. and became a public company in May 2011. In January 2015, IZEA purchased all of the outstanding shares of capital stock of Ebyline, Inc. (“Ebyline”). In March 2016, the Company formed IZEA Canada, Inc., a wholly-owned subsidiary, incorporated in Ontario, Canada, to operate as a sales and support office for IZEA’s Canadian customers. In July 2016, IZEA purchased all the outstanding shares of capital stock of ZenContent, Inc. (“ZenContent”) and in July 2018, a subsidiary of the Company merged with TapInfluence, Inc. (“TapInfluence”). The ZenContent legal entity was dissolved in December 2017, and Ebyline and TapInfluence were merged into IZEA and the legal entities were dissolved in December 2019 and December 2020, respectively. IZEA purchased all of the outstanding shares of capital stock of Hoozu Holdings, Ltd in December 2023, and completed an asset acquisition from Zuberance, Inc. in December 2023. The Company helps power the creator economy, by enabling individuals to monetize their content, creativity and influence through global brands and marketers. IZEA compensates these creators for producing unique content, such as long and short-form text, videos, photos, status updates, and illustrations for marketers or distributing such content on behalf of marketers through their websites, blogs, and social media channels. The Company also provides value through managing custom content workflow, creator search and targeting, bidding, analytics, and payment processing (the “Managed Services”). While the majority of the marketers engage the Company to perform the Managed Services on their behalf, marketers may also access IZEA’s marketplaces to engage creators for influencer marketing campaigns or to produce custom content on a self-service basis by licensing the Company’s technology. Executive Leadership Transition On September 6, 2024, the Company entered into separation agreements with Edward H. (Ted) Murphy, Chief Executive Officer and Chairman of the Board of Directors, and Ryan S. Schram, President, Chief Operating Officer, and Director. Under the terms of their respective Separation Agreements, both Mr. Murphy and Mr. Schram resigned their Director positions as of September 6, 2024, and their executive positions effective September 15, 2024. Neither resignation stemmed from any disagreement with the Company's management or Board. Concurrently, the Board appointed Patrick J. Venetucci, a Director on the Board as the new Chief Executive Officer. While assuming this new role, Mr. Venetucci will continue to serve as a Director on the Board. Cooperation Agreement On September 6, 2024, IZEA Worldwide, Inc. (the "Company") entered into a cooperation agreement (the “Cooperation Agreement”) with GP Cash Management, Ltd., GP Investments, Ltd., Rodrigo Boscolo, and Antonio Bonchristiano (collectively, the "GP Parties"). As part of this agreement, the Company’s Board of Directors (the “Board”) has appointed Mr. Bonchristiano and Mr. Boscolo as directors, filling the vacancies created by the departures of Ted Murphy and Ryan Schram. Mr. Bonchristiano serves on the Compensation Committee, Nominations and Corporate Governance Committee, and the Strategy and Capital Allocation Committee, and Mr. Boscolo serves on the Strategy and Capital Allocation Committee. Also pursuant to this agreement, the Company has established a Strategy and Capital Allocation Committee and agreed to initiate a search for a gender-diverse director candidate, who will be mutually agreed upon by the incumbent and GP Parties. Basis of Presentation The accompanying consolidated balance sheet as of September 30, 2024, the consolidated statements of operations for the three and nine months ended September 30, 2024 and 2023, the consolidated statements of comprehensive loss for the three and nine months ended September 30, 2024 and 2023, the consolidated statements of stockholders' equity for the three and nine months ended September 30, 2024 and 2023, and the consolidated statements of cash flows for the nine months ended September 30, 2024 and 2023 are unaudited but include all adjustments that are, in the opinion of management, necessary for a fair presentation of its financial position at such dates and its results of operations and cash flows for the periods then ended in conformity with generally accepted accounting principles in the United States ("GAAP"). The consolidated balance sheet as of December 31, 2023 has been derived from the audited consolidated financial statements at that date but, in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”), does not include all of the information and notes required by GAAP for complete financial statements. Operating results for the three and nine months ended September 30, 2024 are not necessarily indicative of results that may be expected for the entire fiscal year. These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the fiscal year ended December 31, 2023, included in the Company's Annual Report on Form 10-K filed with the SEC on April 1, 2024.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of IZEA Worldwide, Inc. and its wholly-owned subsidiaries, subsequent to the subsidiaries’ individual acquisition, merger, or formation dates, as applicable. All significant intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates
Cash and Cash Equivalents	Cash and Cash Equivalents
Investment in Debt Securities	Investment in Debt Securities Our investments in debt securities are carried at either amortized cost or fair value. The cost basis is determined by the specific identification method. Investments in debt securities that the Company has the positive intent and ability to hold to maturity are carried at amortized cost and classified as held-to-maturity. Investments in debt securities that are not classified as held-to-maturity are carried at fair value and classified as either trading or available-for-sale. Realized and unrealized gains and losses on trading debt securities as well as realized gains and losses on available-for-sale debt securities are included in net income. Unrealized gains and losses, net of tax, on available-for-sale debt securities are included in our consolidated balance sheet as a component of accumulated other comprehensive income (loss).
Accounts Receivable	Accounts Receivable and Concentration of Credit Risk The Company’s accounts receivable balance consists of trade receivables, contract assets, and a reserve for doubtful accounts. Trade receivables are customer obligations due under normal trade terms. Contract assets represent amounts owed for work that has been performed but not yet billed. The Company had net trade receivables of $6.5 million, including $6.4 million of accounts receivable and contract assets of $93,584 on September 30, 2024. The Company had net trade receivables of $5.0 million, including $4.9 million of accounts receivable and contract assets of $83,697 at December 31, 2023. Management determines the collectability of accounts by regularly evaluating individual customer receivables and considering a customer’s financial condition, credit history, and current economic conditions. An account is deemed delinquent when the customer has not paid an amount due by its associated due date. If a portion of the account balance is deemed uncollectible, the Company will either write off the amount owed or provide a reserve based on its best estimate of the uncollectible portion of the account. We assess collectability risk both generally and by specific aged invoices. Our loss history informs a general reserve percentage, which we apply to all invoices less than 90 days from the invoice due date, currently 1% of the outstanding balance. The general reserve, which we update periodically, recognizes that some invoices will likely become a collection risk. When an invoice ages 90 days past its due date, we consider each invoice to determine a reserve for collectability based on our prior history and recent communications with the customer, to determine a reserve amount. Generally, our reserve for such aged invoices will approach 100% of the invoice amount. The Company had a reserve for doubtful accounts of $205,000 as of September 30, 2024, and $205,000 as of September 30, 2023. Management believes that this estimate is reasonable, but there can be no assurance that the estimate will not change due to a change in economic or business conditions within the industry, the individual customers, or the Company. Any adjustments to this account are reflected in the consolidated statements of operations as a general and administrative expense. The Company did not recognize any bad debt expense in the three and nine months ended September 30, 2024 and recognized $50,000 in the three and nine months ended September 30, 2023.
Concentration of Credit Risk	Concentrations of credit risk with respect to accounts receivable have been typically limited because a large number of geographically diverse customers make up the Company’s customer base, thus spreading the trade credit risk. The Company controls credit risk through credit approvals, credit limits, and monitoring procedures. The Company performs credit evaluations of its customers but generally does not require collateral to support accounts receivable. The Company had two customers that accounted for more than 10% of total accounts receivable at September 30, 2024 and one customer that accounted for more than 10% of total accounts receivable at December 31, 2023. The Company had one customer that accounted for more than 10% of its revenue during the nine months ended September 30, 2024 and two customers that accounted for more than 10% of its revenue during the nine months ended September 30, 2023.
Property and Equipment	Property and Equipment Property and equipment are recorded at cost, or if acquired in a business combination, at the acquisition date fair value. Depreciation is computed using the straight-line method over the estimated useful lives of the assets as follows: Computer Equipment 3 years Office Equipment 3 - 10 years Furniture and Fixtures 5 - 10 years The carrying amounts of assets sold or retired and the related accumulated depreciation are eliminated in the year of disposal, with resulting gains or losses included in general and administrative expense in the consolidated statements of operations.
Goodwill	Goodwill Goodwill represents the excess of the consideration transferred for an acquired business over the fair value of the underlying identifiable net assets. The Company has goodwill in connection with its acquisitions of Ebyline, ZenContent, TapInfluence, and Hoozu. Goodwill is not amortized but instead tested for impairment at least annually. In the event that management determines that the value of goodwill has become impaired, the Company will record a charge in an amount equal to the excess of the reporting unit’s carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit during the fiscal quarter in which the determination is made. Goodwill is required to be tested for impairment at the reporting unit level. A reporting unit is an operating segment or one level below the operating segment level, which is referred to as a component. Management identifies its reporting units by assessing whether components (i) have discrete financial information available, (ii) engage in business activities, and (iii) whether a segment manager regularly reviews the component’s operating results. Prior to the acquisition of Hoozu on December 1, 2023, IZEA had one business operating segment with one reporting unit for purposes of goodwill impairment testing. Hoozu is being treated as a second, separate reporting unit for goodwill impairment testing. The Company performs its annual impairment tests of goodwill as of October 1 each year, or more frequently if certain indicators are present. In September 2024, the Company identified a triggering event related to the changes in executive management and Board level changes, including the Cooperation Agreement, and performed an interim assessment of Goodwill, as described in “Note 5 Intangible Assets.”
Intangible Assets	Intangible Assets The Company acquired the majority of its intangible assets through its acquisitions of Ebyline, ZenContent, TapInfluence, and Hoozu. The Company amortizes identifiable intangible assets over periods of 12 to 60 months. See “Note 5 Intangible Assets” for further details. The Company accounts for its digital assets held as indefinite-lived intangible assets in accordance with ASC 350, Intangibles—Goodwill and Other. The Company maintains ownership of and control over its digital assets and may use third-party custodial services to secure them. The digital assets are initially recorded at cost and are subsequently evaluated for any changes in the fair market value. In December 2023, the FASB issued ASU No. 2023-08, Intangibles - Goodwill and Other - Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets (“ASU 2023-08”) . ASU 2023-08 requires fair value measurement of certain crypto assets each reporting period with the changes in fair value reflected in net income. The amendments also require disclosures of the name, fair value, units held, and cost bases for each significant crypto asset held and annual reconciliations of crypto asset holdings. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2024, with early adoption permitted. The Company has opted to adopt this guidance early. A cumulative effect adjustment to retained earnings was recognized as of January 1, 2023 for $7,632. This adjustment brought the carrying value in line with the fair market value as of December 31, 2022. Adjustments were recognized for all quarterly reporting periods for 2023 as of December 31, 2023 to restate the carrying value at the end of each period for the Company’s digital assets, as described in “Note 5 Intangible Assets.” In September 2024, the Company sold all of its digital assets for total proceeds of $190,170, net of de minimis fees. As of September 30, 2024, the Company no longer held any Bitcoin or Ethereum, as all digital assets were sold during the period. The Company did not recognize any impairment of digital assets during the three and nine months ended September 30, 2024, and 2023. The Company reviews long-lived assets, including software development costs and other intangible assets, for impairment whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. If an evaluation is required, the estimated future undiscounted cash flows associated with the asset are compared with the asset's carrying amount to determine if there has been an impairment, calculated as the difference between the asset’s fair value and the carrying value. Estimates of future undiscounted cash flows are based on expected growth rates for the business, anticipated future economic conditions, and estimates of residual values. Fair values take into consideration management estimates of risk-adjusted discount rates, which are believed to be consistent with assumptions that marketplace participants would use in their estimates of fair value. The Company did not recognize any impairment charges associated with the Company’s acquired intangible assets in the three and nine months ended September 30, 2024 and 2023.
Software Development Costs	Software Development Costs In accordance with Accounting Standards Codification (“ASC”) 350-40, Internal Use Software, the Company capitalizes certain internal-use software development costs associated with creating and enhancing internally developed software related to its platforms. Software development activities generally consist of three stages (i) the research and planning stage, (ii) the application and development stage, and (iii) the post-implementation stage. Costs incurred in the research and planning stage and in the post-implementation stage of software development, or other maintenance and development expenses that do not meet the qualification for capitalization, are expensed as incurred. Costs incurred in the application and development stage, including significant enhancements and upgrades, are capitalized. These costs include personnel and related employee benefits expenses for employees or consultants directly associated with and who devote time to software projects and external direct costs of materials obtained in developing the software. The Company also capitalizes certain costs associated with cloud computing arrangements (“CCAs”). These software developments, acquired technology, and CCA costs are amortized on a straight-line basis over the estimated useful life of five years upon the initial release of the software or additional features. The Company reviews the software development costs for impairment when circumstances indicate their carrying amounts may not be recoverable. If the carrying value of an asset group is not recoverable, the Company recognizes an impairment loss for the excess carrying value over the fair value in its consolidated statements of operations. See “Note 6 Software Development Costs” for further details.
Leases	Leases Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) , established a right-of-use model that requires a lessee to record a right-of-use asset and a right-of-use liability on the balance sheet for all leases with terms longer than 12 months. Leases are classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The Company does not record leases on the balance sheet that have a lease term of 12 months or less at the commencement date.
Revenue Recognition	Revenue Recognition The Company generates revenue from four primary sources: (1) revenue from its managed services when a marketer (typically a brand, agency, or partner) pays the Company to provide custom content, influencer marketing, amplification, or other campaign management services (“Managed Services”); (2) revenue from fees charged to software customers on their marketplace spend within the Company's platforms (“Marketplace Spend Fees”); (3) revenue from license and subscription fees charged to access our platforms (“License Fees”); and, (4) revenue from other fees such as inactivity fees, early cash-out fees, and other miscellaneous fees charged to users of the Company's platforms (“Other Fees”). The Company recognizes revenue in accordance with Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (“ASC 606”). Under ASC 606, revenue is recognized based on a five-step model as follows: (i) identify the contract with the customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) performance obligations are satisfied. The core principle of ASC 606 is that revenue is recognized when the transfer of promised goods or services to customers is made in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company applies the five-step model to contracts when it is probable that it will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of ASC 606, the Company assesses the goods or services promised within each contract and determines those that are distinct performance obligations. The Company also determines whether it acts as an agent or a principal for each identified performance obligation. The determination of whether the Company acts as principal or agent is highly subjective and requires the Company to evaluate a number of indicators individually and as a whole in order to make its determination. For transactions in which the Company acts as a principal, revenue is reported on a gross basis as the amount paid by the marketer for the purchase of content or sponsorship, promotion, and other related services, and the Company records the amounts it pays to third-party creators as cost of revenue. For transactions in which the Company acts as an agent, revenue is reported on a net basis as the amount the Company charged to the self-service marketer using the Company’s platforms, less the amounts paid to the third-party creators providing the service. The Company maintains separate arrangements with each marketer and content creator either in the form of a master agreement or terms of service, which specify the terms of the relationship and access to its platforms or by statement of work, which specifies the price and the services to be performed, along with other terms. The transaction price is determined based on the fixed fee stated in the statement of work and does not contain variable consideration. Marketers who contract with the Company to manage their advertising campaigns or custom content requests may prepay for services or request credit terms. Payment terms are typically 30 days from the invoice date. The agreement typically provides for either a non-refundable deposit or a cancellation fee if the agreement is canceled by the customer prior to the completion of services. Billings in advance of completed services are recorded as a contract liability until earned. The Company assesses collectability based on several factors, including the creditworthiness of the customer and payment and transaction history. The Company does not typically engage in contracts that are longer than one year. Therefore, the Company does not capitalize costs to obtain its customer contracts as these amounts generally would be recognized over a period of less than one year and are not material. Managed Services Revenue For Managed Services Revenue, the Company enters into an agreement to provide services that may include multiple distinct performance obligations in the form of (i) an integrated marketing campaign to provide influencer marketing services, which may include the provision of blogs, tweets, photos, or videos shared through social network offerings and content promotion, such as click-through advertisements appearing in websites and social media channels, and (ii) custom content items, such as a research or news articles, informational material or videos. Marketers typically purchase influencer marketing services to provide public awareness or advertising buzz regarding the marketer’s brand and purchase custom content for internal and external use. The Company views its obligation to deliver influencer marketing services, including management services, as a single performance obligation that is satisfied over time as the customer receives the benefits from the services. The majority of revenue is recognized using an input method of costs incurred compared to total expected costs to measure the progress towards satisfying the overall performance obligation of the marketing campaign. The Company’s performance obligation in certain contracts with customers may be a stand-ready promise to provide influencer marketing services for an unknown or unspecified quantity of deliverables for a specified term. Under a stand-ready obligation, the Company’s performance obligation is satisfied over time throughout the contract term, and therefore, revenue is recognized straight-line over the life of the contract. The Company may provide one type or a combination of all types of these influencer marketing services on a statement of work for a lump sum fee. When multiple types of performance obligations exist in a contract, the Company allocates revenue to each distinct performance obligation at contract inception based on its relative standalone selling price. These performance obligations are to be provided over a period that generally ranges from one day to one year. The delivery of custom content represents a distinct performance obligation that is satisfied at a point in time when each piece of content is delivered to the customer. Based on the Company’s evaluations, revenue from Managed Services is reported on a gross basis because the Company has the primary obligation to fulfill the performance obligations, and it creates, reviews, and controls the services. The Company takes on the risk of payment to any third-party creators, and it establishes the contract price directly with its customers based on the services requested in the statement of work. Marketplace Spend Fees Revenue For Marketplace Spend Fees Revenue, the self-service customers instruct creators found through the Company’s platforms to provide and/or distribute custom content for an agreed-upon transaction price. The Company’s platforms control the contracting, description of services, acceptance of, and payment for the requested content. This service is used primarily by news agencies or marketers to control the outsourcing of their content and advertising needs. The Company charges the self-service customer the transaction price plus a fee based on the contract. Revenue is recognized when the transaction is completed by the creator and accepted by the marketer or verified as posted by the system. Based on the Company’s evaluations, this revenue is reported on a net basis since the Company is acting as an agent through its platform for the third-party creator to provide the services or content directly to the self-service customer or to post approved content through one or more social media platforms. License Fees Revenue License Fees Revenue is generated by granting customers limited, non-exclusive, non-transferable access to the Company’s technology platforms for an agreed-upon subscription period. Customers access the platforms to manage their influencer marketing campaigns. Fees for subscription or licensing services are recognized straight-line over the term of the service. Other Fees Revenue Other Fees Revenue is generated when fees are charged to the Company’s platform users primarily related to monthly plan fees, which are recognized within the month they relate to.
Advertising Costs	Advertising Costs
Income Taxes	Income Taxes Deferred income taxes are accounted for using the balance sheet approach, which requires recognition of deferred tax assets and liabilities for the expected future consequences of temporary differences between the financial reporting basis and the tax basis of assets and liabilities. A valuation allowance is provided when it is more likely than not that a deferred tax asset will not be realized. The Company incurs state franchise tax in ten states, which is included in general and administrative expense in the consolidated statements of operations and comprehensive loss. The Company identifies and evaluates uncertain tax positions, if any, and recognizes the impact of uncertain tax positions for which there is a less than more likely-than-not probability of the position being upheld when reviewed by the relevant taxing authority. Such positions are deemed to be unrecognized tax benefits, and a corresponding liability is established on the balance sheet. The Company has not recognized a liability for uncertain tax positions. If there were an unrecognized tax benefit, the Company would recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company’s tax years subject to examination based on the statute of limitations by the IRS is generally three years; however, the IRS may examine records and other evidence from the year the net operating loss was generated when the Company utilizes net operating loss carryforwards in future periods. The Company’s tax years subject to examination by the Canadian Revenue Agency and the Australian Taxation Office is generally four years.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s financial instruments are recorded at fair value. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The valuation techniques are based on observable and unobservable inputs. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect certain market assumptions. There are three levels of inputs that may be used to measure fair value: • Level 1 – Valuation based on quoted market prices in active markets for identical assets and liabilities. • Level 2 – Valuation based on quoted market prices for similar assets and liabilities in active markets. • Level 3 – Valuation based on unobservable inputs that are supported by little or no market activity, therefore requiring management’s best estimate of what market participants would use as fair value. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management. As of September 30, 2024, the Company holds Level 1 and Level 2 financial assets; this is discussed further in Note 3 - Financial Instruments of Notes to the Consolidated Financial Statements.
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation cost related to stock options granted under the 2011 Equity Incentive Plan, as amended, (the “2011 Equity Incentive Plan”), and the IZEA Worldwide, Inc. 2023 Inducement Plan (the “Inducement Plan” (see “Note 10 Stockholder’s Equity”) is measured at the grant date, based on the fair value of the award, and is recognized as expense over the employee’s requisite service period on a straight-line basis. The Company estimates the fair value of each option award on the date of grant using a Black-Scholes option-pricing model that uses the assumptions noted in the table below. The Company uses the simplified method to estimate the expected term of employee stock options because it does not believe historical exercise data will provide a reasonable basis for estimating the expected term for the current share options granted. The simplified method assumes that employees will exercise share options evenly between the period when the share options are vested and ending on the date when the options would expire. The Company uses the closing stock price of its common stock on the date of the grant as the associated fair value of its common stock. The Company uses the risk-free interest rate on the implied yield currently available on U.S. Treasury issues with an equivalent remaining term approximately equal to the expected life of the award. The Company has never paid any cash dividends on its common stock and does not anticipate paying any cash dividends in the foreseeable future. The Company estimates forfeitures when recognizing compensation expense and this estimate of forfeitures is adjusted over the requisite service period based on the extent to which actual forfeitures differ, or are expected to differ, from such estimates. Changes in estimated forfeitures are recognized through a cumulative catch-up adjustment, which is recognized in the period of change, and a revised amount of unamortized compensation expense to be recognized in future periods. The Company may issue shares of restricted stock or restricted stock units (“RSUs”) that vest over future periods. The value of shares is recorded as the fair value of the stock or units upon the issuance date and is expensed on a straight-line basis over the vesting period. See “Note 10 Stockholder’s Equity” for additional information related to these shares. On November 30, 2023, the IZEA Board of Directors adopted the Inducement Plan to accommodate equity grants to new employees hired by IZEA in connection with acquisition transactions, including the Hoozu acquisition. Under the Inducement Plan, IZEA may grant, subject to certain requirements, RSUs, including performance-based and time-based RSUs, covering up to a total of 1,800,000 shares of IZEA common stock to new employees of IZEA or its subsidiaries. See “Note 10 Stockholder’s Equity” for additional information related to shares issued under both plans. Business Combinations and Asset Acquisitions The Company accounts for business combinations in accordance with Accounting Standards Codification (ASC) Topic 805, “Business Combinations.” The acquisition method of accounting is applied to all business combinations, whereby the identifiable assets acquired, liabilities assumed, and any non-controlling interests in the acquiree are recognized and measured at their fair values as of the acquisition date. Goodwill represents the excess of the purchase price over the fair value of net identifiable assets acquired and liabilities assumed in a business combination. Goodwill is allocated to reporting units, which are expected to benefit from the synergies of the combination and is subject to annual impairment testing. Acquisition-related costs, including advisory, legal, and due diligence fees, are expensed as incurred and are included in general and administrative expenses in the period in which the acquisition occurs. The financial statements include the results of operations and financial position of businesses acquired from their respective acquisition dates. Any adjustments to the preliminary fair values of assets acquired and liabilities assumed, known as measurement period adjustments, are recorded to the period of the adjustment.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Recently Adopted Accounting Pronouncements Credit Losses : In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). ASU 2016-13 replaces the incurred loss impairment methodology under current GAAP with a methodology that reflects expected credit losses and requires a consideration of a broader range of reasonable and supportable information to inform credit loss estimates. ASU 2016-13 requires the use of a forward-looking expected credit loss model for accounts receivables, loans, and other financial instruments. In May 2019, the FASB issued ASU 2019-05, which provides transition relief for entities adopting ASU 2016-13. For entities that have adopted ASU 2016-13, the amendments in ASU 2019-05 are effective for fiscal years beginning after December 15, 2019, including interim periods therein. An entity may early adopt ASU No. 2019-05 in any interim period after its issuance if the entity has adopted ASU 2016-13. For all other entities, the effective date will be the same as the effective date of ASU 2016-13. ASU 2016-13 is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Effective January 1, 2023, the Company adopted this standard. At present, the exposure to credit losses is considered immaterial to the Company’s financial position. Accounting for Contract Assets and Contract Liabilities from Contracts with Customers: In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (“ASU 2021-08”). Under ASU 2021-08, an acquirer in a business combination must apply ASC 606 principles when recognizing and measuring acquired contract assets and contract liabilities. The provisions of ASU 2021-08 are applicable for the Company for fiscal years and interim periods beginning after December 15, 2022. As of September 30, 2024, the Company has ensured that acquired businesses contract assets and contract liabilities have been accounted for in accordance with ASC 2021-08. Accounting for and Disclosure of Crypto Assets : In December 2023, the FASB issued ASU No. 2023-08, Intangibles - Goodwill and Other - Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets (“ASU 2023-08”) . ASU 2023-08 requires fair value measurement of certain crypto assets each reporting period with the changes in fair value reflected in net income. The amendments also require disclosures of the name, fair value, units held, and cost bases for each significant crypto asset held and annual reconciliations of crypto asset holdings. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2024, with early adoption permitted. The Company has opted to early adopt this guidance. A cumulative-effect adjustment to retained earnings was booked as of January 1, 2023 for $7,632. Interim periods and annual periods for 2022 and 2023 have been presented with the change reflected in fair market value. Expanded disclosures for crypto assets have been added to Note 5 - Intangible Assets. Recently Issued Accounting Pronouncements Not Yet Adopted Segment Reporting: Improvements to Reportable Segment Disclosures: In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improving Reportable Segment Disclosures . This update is intended to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant expenses. The ASU also requires all annual disclosures currently required by Topic 280 to be included in the interim periods. The update is effective for fiscal years beginning after December 15, 2023, and interim periods within the fiscal years beginning after December 15, 2024, with early adoption permitted and requiring retrospective application to all prior periods presented in the financial statements. The Company is currently assessing the timing and impact of adopting the updated provisions. Income Taxes: Improvements to Income Tax Disclosures: In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires additional disclosures of income tax components that affect the rate reconciliation and income taxes paid, broken out by the applicable taxing jurisdictions. The Company expects to adopt this ASU for the annual period beginning on January 1, 2025, and does not expect a material impact on the consolidated financial statements.

Company and Summary of Signif_3

Company and Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Schedule of Property, Plant and Equipment	Depreciation is computed using the straight-line method over the estimated useful lives of the assets as follows: Computer Equipment 3 years Office Equipment 3 - 10 years Furniture and Fixtures 5 - 10 years Property and equipment consist of the following: September 30, 2024 December 31, 2023 Furniture and fixtures $ 29,848 $ 29,848 Office equipment 8,506 8,506 Computer equipment 290,934 281,950 Total 329,288 320,304 Less accumulated depreciation (192,365) (114,927) Property and equipment, net $ 136,923 $ 205,377

Business Acquisitions (Tables)

Business Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Business Acquisitions, by Acquisition	The Company accounted for the acquisition in accordance with ASC 805, which requires the assets acquired and liabilities assumed to be recognized on the balance sheet at their fair values as of the acquisition date. Gross Purchase Consideration 12/1/2023 Cash paid at closing $ 595,411 Stock issued at closing 1,746,535 First deferred purchase price installment (1) 114,400 Second deferred purchase price installment (1) 60,600 Total estimated consideration $ 2,516,946 (1) The Company’s acquisition of Hoozu on December 1, 2023, included four equal contingent cash consideration payments totaling $396,940, with twelve-month measurement periods ending December 31, 2024 and 2025. The contingent payments are based on meeting minimum Revenue and Adjusted Earnings before Taxes and Depreciation thresholds for each measurement period. The contingent payments are hit-or-miss, with the first measurement period payments carrying a make-up provision during the second measurement period. The Company determined the fair value of these contingent payments, using Monte Carlo simulation methods, to be $175,000 at the acquisition date, subject to periodic adjustment until both measurement periods are completed. During the quarter that ended June 30, 2024, the Company determined that based upon the lag behind Hoozu’s revenue and profitability growth, achieving the deferred purchase price targets for both 2024 and 2025 is not probable and accordingly reduced these installment balances to their expected payout value. The Company affirmed its probability assessment as of September 30, 2024.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The fair values are presented in the following table: Provisional Fair Value 12/1/2023 Accounts receivable $ 419,336 Prepaid expenses 15,750 Property and equipment, net 9,033 Intangible assets Tradename 668,000 Customer list 935,000 Goodwill 1,265,155 Deferred tax liability (400,750) Accounts payable (718,515) Current liabilities (930,655) Purchase consideration, excluding cash received $ 1,262,354 Plus: cash received 1,254,592 Total purchase consideration $ 2,516,946 Preliminary Purchase Price Allocation Accounts receivable $ 146,857 Prepaid expenses 8,480 Customer list 162,575 Accounts payable (14,590) Current liabilities (159,716) Purchase consideration, excluding cash received $ 143,606 Plus cash received 92,394 Total purchase consideration $ 236,000 Estimated Fair Value Intangibles-customer relationships $ 162,725 Current liabilities (58,138) Deferred revenue (86,187) Total purchase price $ 18,400
Schedule of Business Acquisitions by Acquisition, Contingent Consideration	The Company accounted for the acquisition in accordance with ASC 805, which requires the assets acquired and liabilities to be assumed to be recognized on the balance sheet at their fair market value as of the acquisition date. Gross Purchase Considerations 07/1/2024 Cash paid at closing $ 150,000 First deferred purchase price installment (1) 38,000 Second deferred purchase price installment (1) 48,000 Total estimated consideration $ 236,000 (1) The Company’s acquisition of 26 Talent on July 1, 2024, included two equal contingent cash consideration payments totaling up to $120,000, with twelve-month measurement periods ending July 31, 2025 and 2026. The contingent payments are based on meeting minimum Revenue and Adjusted Earnings before Taxes and Deprecation thresholds for each measurement period. The contingent payments are hit-or-miss. The Company determined the fair value of these contingent payments, using Monte Carlo simulation methods, to be $86,000 at the acquisition date, subject to periodic adjustment until both measurement periods are complete.

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Marketable Securities	The following table shows the Company’s cash, cash equivalents, and marketable securities by significant investment category as of September 30, 2024: Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Cash and Cash Equivalents Current Marketable Securities (1) Cash and cash equivalents $ 4,869,228 $ — $ — $ 4,869,228 $ 4,869,228 $ — Level 1 (2) Commercial paper — — — — — Money market funds 41,088,872 — — 41,088,872 41,088,872 — US Treasury securities 1,009,767 — (8,670) 1,001,097 — 1,001,097 Subtotal 42,098,639 — (8,670) 42,089,969 41,088,872 1,001,097 Level 2 (3) Asset back securities 1,245,068 15,828 (257) 1,260,639 — 1,260,639 Corporate debt securities 6,179,346 — (21,830) 6,157,516 — 6,157,516 Subtotal 7,424,414 15,828 (22,087) 7,418,155 — 7,418,155 Total $ 54,392,281 $ 15,828 $ (30,757) $ 54,377,352 $ 45,958,100 $ 8,419,252 (1) Current Marketable Securities have a holding period under one (2) Level 1 fair value estimates are based on quoted prices in active markets for identical assets and liabilities. (3) Level 2 fair value estimates are based on observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets and liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets and liabilities.
Schedule of Accumulated Other Comprehensive Income (Loss)	The activity in accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2024, and 2023, respectively, was as follows: Three Months Ended Three Months Ended Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income (Loss) Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income (Loss) Balance at June 30 $ (99,784) $ (12,302) $ (112,086) $ (644,515) $ — $ (644,515) Other comprehensive income (loss) 84,855 (94,195) (9,340) 131,198 — 131,198 Balance at September 30 $ (14,929) $ (106,497) $ (121,426) $ (513,317) $ — $ (513,317) Nine Months Ended Nine Months Ended Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income (Loss) Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income Balance at December 31 $ (250,591) $ — $ (250,591) $ (780,795) $ — $ (780,795) Other comprehensive income (loss) 235,662 (106,497) 129,165 267,478 — 267,478 Balance at September 30 $ (14,929) $ (106,497) $ (121,426) $ (513,317) $ — $ (513,317)
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)	The following table presents fair values and net unrealized gains (losses) recorded to OCI, aggregated by investment category: September 30, 2024 December 31, 2023 Fair Value Net Unrealized Gain (Loss) Fair Value Net Unrealized Gain (Loss) Cash and cash equivalents $ 45,958,100 $ — $ 37,446,728 $ — Government bonds 1,001,097 (8,670) 6,939,713 (79,840) Corporate debt securities 6,157,516 (21,830) 16,196,931 (124,431) Asset backed securities 1,260,639 15,571 3,608,409 (46,320) Total $ 54,377,352 $ (14,929) $ 64,191,781 $ (250,591)
Fair Value of Investments in Marketable Debt Securities	The following table summarizes the estimated fair value of investments in marketable debt securities by stated contractual maturity dates: As of September 30, 2024 As of December 31, 2023 Due in 1 year or less $ 8,419,252 $ 17,126,057 Due in 1 year through 5 years — 9,618,996 Total $ 8,419,252 $ 26,745,053

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Depreciation is computed using the straight-line method over the estimated useful lives of the assets as follows: Computer Equipment 3 years Office Equipment 3 - 10 years Furniture and Fixtures 5 - 10 years Property and equipment consist of the following: September 30, 2024 December 31, 2023 Furniture and fixtures $ 29,848 $ 29,848 Office equipment 8,506 8,506 Computer equipment 290,934 281,950 Total 329,288 320,304 Less accumulated depreciation (192,365) (114,927) Property and equipment, net $ 136,923 $ 205,377

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	September 30, 2024 December 31, 2023 Balance Accumulated Amortization Net Book Value Balance Accumulated Amortization Net Book Value Useful Life in years Trade names $ 668,169 $ 74,925 $ 593,244 $ 668,000 $ 5,567 $ 662,433 10 Customer lists Hoozu 935,234 106,794 828,440 935,000 7,791 927,209 10 Zuberance 162,508 36,113 126,395 162,508 2,709 159,799 5 26 Talent 109,619 2,740 106,879 — — — 10.0 Total definite-lived intangible assets $ 1,875,530 $ 220,572 $ 1,654,958 $ 1,765,508 $ 16,067 $ 1,749,441 Software development costs consist of the following: September 30, 2024 December 31, 2023 Software development costs $ 6,081,303 $ 5,390,403 Less accumulated amortization (3,719,407) (3,333,431) Software development costs, net $ 2,361,896 $ 2,056,972
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	Total intangible assets from the Company’s acquisitions and other acquired assets net of accumulated amortization thereon consists of the following: September 30, 2024 December 31, 2023 Hoozu intangible assets $ 1,603,403 $ 1,603,000 Zuberance intangible assets 162,508 162,508 26 Talent intangible assets 109,619 — Total $ 1,875,530 $ 1,765,508 Less accumulated amortization (220,572) (16,067) Intangible assets, net $ 1,654,958 $ 1,749,441
Schedule of Future Amortization Expense	As of September 30, 2024, future estimated amortization expense related to identifiable assets is set forth in the following schedule: Future Amortization of Intangible Assets Amount Remainder of 2024 80,402 2025 271,827 2026 246,576 2027 221,324 2028 196,073 2029+ 638,756 Total $ 1,654,958 As of September 30, 2024, future estimated amortization expense related to software development costs is set forth in the following schedule: Software Development Amortization Expense 2024 132,693 2025 616,287 2026 610,539 2027 576,503 2028 307,476 2029 118,398 Total $ 2,361,896
Schedule of Goodwill	The Company’s goodwill balance changed as follows: Amount Balance on December 31, 2022 $ 4,016,722 Acquisitions during 2023 1,265,155 Currency translation adjustment $ (1,505) Balance on December 31, 2023 $ 5,280,372 Impairment of goodwill (4,016,722) Currency translation adjustment (313) Balance on September 30, 2024 $ 1,263,337

Software Development Costs (Tab

Software Development Costs (Tables)	9 Months Ended
	Sep. 30, 2024
Finite-Lived Intangible Assets [Line Items]
Schedule of Finite-Lived Intangible Assets	September 30, 2024 December 31, 2023 Balance Accumulated Amortization Net Book Value Balance Accumulated Amortization Net Book Value Useful Life in years Trade names $ 668,169 $ 74,925 $ 593,244 $ 668,000 $ 5,567 $ 662,433 10 Customer lists Hoozu 935,234 106,794 828,440 935,000 7,791 927,209 10 Zuberance 162,508 36,113 126,395 162,508 2,709 159,799 5 26 Talent 109,619 2,740 106,879 — — — 10.0 Total definite-lived intangible assets $ 1,875,530 $ 220,572 $ 1,654,958 $ 1,765,508 $ 16,067 $ 1,749,441 Software development costs consist of the following: September 30, 2024 December 31, 2023 Software development costs $ 6,081,303 $ 5,390,403 Less accumulated amortization (3,719,407) (3,333,431) Software development costs, net $ 2,361,896 $ 2,056,972
Schedule of Future Amortization Expense	As of September 30, 2024, future estimated amortization expense related to identifiable assets is set forth in the following schedule: Future Amortization of Intangible Assets Amount Remainder of 2024 80,402 2025 271,827 2026 246,576 2027 221,324 2028 196,073 2029+ 638,756 Total $ 1,654,958 As of September 30, 2024, future estimated amortization expense related to software development costs is set forth in the following schedule: Software Development Amortization Expense 2024 132,693 2025 616,287 2026 610,539 2027 576,503 2028 307,476 2029 118,398 Total $ 2,361,896

Accrued Expenses (Tables)

Accrued Expenses (Tables)	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	Accrued expenses consist of the following: September 30, 2024 December 31, 2023 Accrued payroll liabilities $ 2,227,765 $ 2,153,617 Accrued taxes 175,629 253,677 Current portion of finance obligation 59,386 59,386 Accrued other 1,611,700 (1) 616,780 Total accrued expenses $ 4,074,480 $ 3,083,460 (1) During the quarter ended September 30, 2024, the Company announced the departure of two executives. In accordance with their separation agreements and the payments they are entitled to receive, a severance amount of $825,000 was accrued.

Notes Payable (Tables)

Notes Payable (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Maturities of Long-term Debt	As of September 30, 2024, the future contractual maturities of the Company’s long-term payment obligations by year are set forth in the following schedule: 2024 $ 14,847 2025 56,683 2026 6,737 Total $ 78,267

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Defined Contribution Plan Disclosures	Total expense for employer matching contributions during the three and nine months ended September 30, 2024 and 2023 was recorded in the Company’s consolidated statements of operations as follows: Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Cost of revenue $ 18,741 $ 16,752 $ 60,941 $ 61,028 Sales and marketing 28,713 18,384 88,943 51,800 General and administrative 38,397 39,136 130,999 116,963 Total contribution expense $ 85,851 $ 74,272 $ 280,883 $ 229,791

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Nonvested Restricted Stock Shares Activity	The following table contains summarized information about restricted stock issued during the year ended December 31, 2023 and the nine months ended September 30, 2024: Restricted Stock Common Shares Weighted Average Weighted Average Nonvested at December 31, 2022 72 $ 5.36 0.3 Granted 131,520 2.28 Vested (131,592) 2.28 Nonvested at December 31, 2023 — $ — 0.0 Granted 93,133 2.46 Vested (93,133) 2.46 Nonvested at September 30, 2024 — $ — 0.0
Schedule of Nonvested Restricted Stock Units Activity	The following table contains summarized information about restricted stock units during the year ended December 31, 2023 and the nine months ended September 30, 2024: Restricted Stock Units Common Shares Weighted Average Weighted Average Nonvested at December 31, 2022 329,070 $ 3.79 2.5 Granted 870,191 2.38 Vested (163,085) 3.55 Forfeited (73,327) 3.18 Nonvested at December 31, 2023 962,849 $ 2.60 2.5 Granted 1,627,660 2.25 Vested (1) (790,560) 2.54 Forfeited (282,798) 2.41 Nonvested at September 30, 2024 1,517,151 $ 2.29 1.4 (1) During the quarter ended September 30, 2024, the Company announced the departure of two executives. In accordance with their separation agreements, all outstanding equity awards, including stock options and restricted stock units (RSUs), held by the departing executives vested immediately upon separation, resulting in the vesting of 523,683 RSUs.
Share-based Payment Arrangement, Option, Activity	A summary of option activity under the 2011 Equity Incentive Plan during the year ended December 31, 2023, and the nine months ended September 30, 2024, is presented below: Options Outstanding Common Shares Weighted Average Weighted Average Outstanding at December 31, 2022 415,562 $ 11.31 5.3 Exercised (586) 0.96 Expired (71,013) 19.99 Forfeited (362) 7.75 Outstanding at December 31, 2023 343,601 $ 9.53 5.2 Exercised (6,040) 1.23 Expired (483) 7.11 Forfeited (517) 9.19 Outstanding at September 30, 2024 336,561 $ 9.54 0.6 Exercisable at September 30, 2024 334,535 $ 9.67 0.6
Schedule of Nonvested Share Activity	A summary of the nonvested stock option activity under the 2011 Equity Incentive Plan during the year ended December 31, 2023, and the nine months ended September 30, 2024, is presented below: Nonvested Options Common Shares Weighted Average Weighted Average Nonvested at December 31, 2022 72,474 $ 5.80 1.7 Vested (31,474) 9.53 Forfeited (14,627) 19.99 Nonvested at December 31, 2023 26,373 $ 8.83 1.1 Vested (23,830) 9.69 Forfeited (517) 9.19 Nonvested at September 30, 2024 2,026 $ 9.69 0.6
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award	Total stock-based compensation expense recognized on restricted stock, restricted stock units, stock options, and employee stock purchase plan issuances during the three and nine months ended September 30, 2024 and 2023 was recorded in the Company’s consolidated statements of operations as follows: Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Cost of revenue 82,608 $ 24,202 191,053 $ 59,457 Sales and marketing 50,567 44,761 171,774 92,352 General and administrative (1) 1,446,061 170,390 1,965,529 490,943 Total stock-based compensation $ 1,579,236 $ 239,353 $ 2,328,356 $ 642,752 (1) During the quarter ended September 30, 2024, the Company announced the departure of two executives. In accordance with their separation agreements, all outstanding equity awards, including stock options and restricted stock units (RSUs), held by the departing executives vested immediately upon separation, resulting in an additional $1.1 million in stock expense being recognized.
Schedule of Accumulated Other Comprehensive Income (Loss)	The activity in accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2024, and 2023, respectively, was as follows: Three Months Ended Three Months Ended Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income (Loss) Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income (Loss) Balance at June 30 $ (99,784) $ (12,302) $ (112,086) $ (644,515) $ — $ (644,515) Other comprehensive income (loss) 84,855 (94,195) (9,340) 131,198 — 131,198 Balance at September 30 $ (14,929) $ (106,497) $ (121,426) $ (513,317) $ — $ (513,317) Nine Months Ended Nine Months Ended Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income (Loss) Unrealized Gain (Loss) on Securities Currency Translation Adjustment Total Accumulated Other Comprehensive Income Balance at December 31 $ (250,591) $ — $ (250,591) $ (780,795) $ — $ (780,795) Other comprehensive income (loss) 235,662 (106,497) 129,165 267,478 — 267,478 Balance at September 30 $ (14,929) $ (106,497) $ (121,426) $ (513,317) $ — $ (513,317)

Loss per Common Share (Tables)

Loss per Common Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Net loss $ (8,768,319) $ (1,982,938) $ (14,228,997) $ (5,822,703) Weighted average shares outstanding - basic and diluted 16,956,497 15,463,334 17,024,645 15,525,636 Basic and diluted loss per common share $ (0.52) $ (0.13) $ (0.84) $ (0.38)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The Company excluded the following weighted average items from the above computation of diluted loss per common share, as their effect would be anti-dilutive: Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Stock options 336,561 344,401 336,561 310,815 Restricted stock units 1,693,080 590,250 1,498,841 461,615 Restricted stock — — — — Total excluded shares 2,029,641 934,651 1,835,402 772,430

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table illustrates the Company’s revenue by product service type: Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Managed Services Revenue $ 8,625,924 $ 7,837,725 $ 24,172,929 $ 26,958,860 SaaS Services Revenue 205,870 57,176 705,564 362,822 Total Revenue $ 8,831,794 $ 7,894,901 $ 24,878,493 $ 27,321,682 The following table provides the Company’s revenues as determined by customer geographic region: Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, Revenue from North America $ 7,534,435 $ 7,030,759 $ 20,561,879 $ 25,202,585 Revenue from APAC 1,203,702 — 3,343,124 — Revenue from Other 93,657 864,142 973,490 2,119,097 Total $ 8,831,794 $ 7,894,901 $ 24,878,493 $ 27,321,682
Schedule of Contract with Customer	The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers reported in the Company’s consolidated balance sheet: September 30, 2024 December 31, 2023 Accounts receivable, net $ 6,488,379 $ 5,012,373 Contract liabilities (unearned revenue) 9,119,560 8,891,205

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	The Company’s income tax expense and effective tax rate were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Income tax benefit (expense) $ 33,621 $ — $ 140,699 $ — Effective tax rate 0.4 % — % 1.0 % — %

Company and Summary of Signif_4

Company and Summary of Significant Accounting Policies - Cash and Cash Equivalents (Details)	Sep. 30, 2024 USD ($)	Sep. 30, 2024 CAD ($)	Sep. 30, 2024 AUD ($)	Dec. 31, 2023 USD ($)
Accounting Policies [Abstract]
Cash, uninsured amount	$ 45,100,000			$ 36,700,000
Cash, FDIC insured amount	$ 250,000
Cash, CDIC Insured Amount		$ 100,000
Cash, Australian Financial Claims Scheme Insured Amount			$ 250,000

Company and Summary of Signif_5

Company and Summary of Significant Accounting Policies - Accounts Receivable and Concentration of Credit Risk (Details)	3 Months Ended	6 Months Ended	9 Months Ended
	Sep. 30, 2024 USD ($)	Jun. 30, 2024	Sep. 30, 2024 USD ($)	Sep. 30, 2023	Dec. 31, 2023 USD ($)
Concentration Risk [Line Items]
Accounts receivable, before allowance for credit loss	$ 6,400,000		$ 6,400,000
Unbilled receivables	$ 93,584		$ 93,584		$ 83,697
Accounts receivable, less than 90 days from due, percentage	0.01		0.01
Allowance for doubtful accounts receivable	$ 205,000		$ 205,000
Bad debt	0		0
Accounts receivable, net	$ 6,488,379		$ 6,488,379		5,012,373
Accounts Receivable excluding Contract Asset					$ 4,900,000
Accounts Receivable | Customer Concentration Risk | Customer One
Concentration Risk [Line Items]
Concentration risk, percentage		10%	10%
Revenue Benchmark | Customer Concentration Risk | Customer One
Concentration Risk [Line Items]
Concentration risk, percentage				10%
Revenue Benchmark | Customer Concentration Risk | Customer Two
Concentration Risk [Line Items]
Concentration risk, percentage			10%

Company and Summary of Signif_6

Company and Summary of Significant Accounting Policies - Property and Equipment (Details)	Sep. 30, 2024
Computer equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life (in years)	3 years
Minimum | Office equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life (in years)	3 years
Minimum | Furniture and fixtures
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life (in years)	5 years
Maximum | Office equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life (in years)	10 years
Maximum | Furniture and fixtures
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life (in years)	10 years

Company and Summary of Signif_7

Company and Summary of Significant Accounting Policies - Goodwill (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) segment reporting_unit	Sep. 30, 2023 USD ($)
Accounting Policies [Abstract]
Number of operating segments | segment			1
Number of reporting units | reporting_unit			1
Impairment of goodwill | $	$ 4,016,722	$ 0	$ 4,016,722	$ 0

Company and Summary of Signif_8

Company and Summary of Significant Accounting Policies - Intangible Assets (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Jan. 01, 2023
Finite-Lived Intangible Assets [Line Items]
Accumulated deficit	$ (99,673,791)	$ (85,444,794)	$ 7,632
Digital Asset
Finite-Lived Intangible Assets [Line Items]
Proceeds from Sale of Intangible Assets	$ 190,170
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life in years	12 months
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life in years	60 months

Company and Summary of Signif_9

Company and Summary of Significant Accounting Policies - Software Development Costs (Details)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Amortization period of software development costs (in years)	5 years

Company and Summary of Signi_10

Company and Summary of Significant Accounting Policies - Revenue Recognition (Details)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Invoice payment terms	30 days
Contract assets and contract liabilities length of agreement with customers	1 year

Company and Summary of Signi_11

Company and Summary of Significant Accounting Policies - Advertising Costs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Sales and marketing
Significant Accounting Policies [Line Items]
Advertising costs	$ 0.6	$ 0.7	$ 2.1	$ 2

Company and Summary of Signi_12

Company and Summary of Significant Accounting Policies - Stock-Based Compensation (Details)	Nov. 30, 2023 shares
Restricted stock units | Hoozu
Significant Accounting Policies [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares authorized (in shares)	1,800,000

Company and Summary of Signi_13

Company and Summary of Significant Accounting Policies - Recently Issued Accounting Pronouncements (Details) - USD ($)	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' Equity Attributable to Parent	$ 53,288,890	$ 60,773,833	$ 65,313,388	$ 64,475,634	$ 66,362,657	$ 70,265,947
Accumulated Deficit
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' Equity Attributable to Parent	$ (99,673,791)	$ (90,905,472)	$ (85,444,794)	$ (83,918,137)	$ (81,935,199)	(78,103,066)
Accounting Standards Update 2023-08
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' Equity Attributable to Parent						7,632
Accounting Standards Update 2023-08 | Accumulated Deficit
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' Equity Attributable to Parent						$ 7,632

Business Acquisitions - Additio

Business Acquisitions - Additional Information (Details) - USD ($)		9 Months Ended
	Dec. 01, 2023	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Goodwill		$ 1,263,337	$ 5,280,372	$ 4,016,722
Total purchase consideration			18,400
Recognized Gain on Contingent Liability at Measurement Date	$ 175,000	$ 175,000
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed		The fair values are presented in the following table: Provisional Fair Value 12/1/2023 Accounts receivable $ 419,336 Prepaid expenses 15,750 Property and equipment, net 9,033 Intangible assets Tradename 668,000 Customer list 935,000 Goodwill 1,265,155 Deferred tax liability (400,750) Accounts payable (718,515) Current liabilities (930,655) Purchase consideration, excluding cash received $ 1,262,354 Plus: cash received 1,254,592 Total purchase consideration $ 2,516,946 Preliminary Purchase Price Allocation Accounts receivable $ 146,857 Prepaid expenses 8,480 Customer list 162,575 Accounts payable (14,590) Current liabilities (159,716) Purchase consideration, excluding cash received $ 143,606 Plus cash received 92,394 Total purchase consideration $ 236,000 Estimated Fair Value Intangibles-customer relationships $ 162,725 Current liabilities (58,138) Deferred revenue (86,187) Total purchase price $ 18,400
Business Acquisitions		BUSINESS ACQUISITIONS Hoozu Holdings, LTD. On December 1, 2023, the Company completed the announced acquisition of Hoozu Holdings, LTD (now Hoozu Holdings Pty Ltd.)(“Hoozu”) from Hoozu investors. Hoozu is a leading Australian influencer marketing company headquartered in Sydney. The company serves a roster of the region’s most innovative brands, including Bunnings, Emma Sleep, Super Cheap Auto, and Ryobi. In addition to its core services, Hoozu’s talent management division, called Huume, represents creators in the Australian market. The net purchase price was approximately $2.5 million, including cash consideration of $0.6 million and 726,210 shares of common stock, valued at approximately $1.7 million at the acquisition date, based on the closing market share price on the acquisition date. Approximately $150,000 of transaction-related costs are separately recorded in general and administrative costs in the accompanying consolidated statement of operations for the year ended December 31, 2023. The Company accounted for the acquisition in accordance with ASC 805, which requires the assets acquired and liabilities assumed to be recognized on the balance sheet at their fair values as of the acquisition date. Gross Purchase Consideration 12/1/2023 Cash paid at closing $ 595,411 Stock issued at closing 1,746,535 First deferred purchase price installment (1) 114,400 Second deferred purchase price installment (1) 60,600 Total estimated consideration $ 2,516,946 (1) The Company’s acquisition of Hoozu on December 1, 2023, included four equal contingent cash consideration payments totaling $396,940, with twelve-month measurement periods ending December 31, 2024 and 2025. The contingent payments are based on meeting minimum Revenue and Adjusted Earnings before Taxes and Depreciation thresholds for each measurement period. The contingent payments are hit-or-miss, with the first measurement period payments carrying a make-up provision during the second measurement period. The Company determined the fair value of these contingent payments, using Monte Carlo simulation methods, to be $175,000 at the acquisition date, subject to periodic adjustment until both measurement periods are completed. During the quarter that ended June 30, 2024, the Company determined that based upon the lag behind Hoozu’s revenue and profitability growth, achieving the deferred purchase price targets for both 2024 and 2025 is not probable and accordingly reduced these installment balances to their expected payout value. The Company affirmed its probability assessment as of September 30, 2024. The table below presents the fair values on December 1, 2023, allocated to the assets acquired and liabilities assumed. The purchase accounting and purchase price allocation for Hoozu are complete. The fair values are presented in the following table: Provisional Fair Value 12/1/2023 Accounts receivable $ 419,336 Prepaid expenses 15,750 Property and equipment, net 9,033 Intangible assets Tradename 668,000 Customer list 935,000 Goodwill 1,265,155 Deferred tax liability (400,750) Accounts payable (718,515) Current liabilities (930,655) Purchase consideration, excluding cash received $ 1,262,354 Plus: cash received 1,254,592 Total purchase consideration $ 2,516,946 Accounts receivable shown in the table above represent their gross amount, which approximates the fair value, and are expected to be collected in full. The significant fair value estimates included in the allocation of purchase price are discussed below. The Company has determined that the fair value is $0 as of September 30, 2024. This valuation reflects substantial adverse changes in Hoozu’s financial condition and projected outlook, resulting in a complete reduction of its recorded value. Other Intangible Assets Other intangible assets with definite lives include acquired customer relationships of $0.9 million and tradename of $0.7 million. The preliminary customer-related intangible assets’ fair value was determined by using the income approach, while the tradename fair value was determined utilizing the relief from the royalty method. Acquired customer relationships and tradename generally have useful lives of 10 years, unless shorter periods are warranted, and are amortized to operating costs on an accelerated basis. Goodwill The excess of consideration for Hoozu over the preliminary net fair value of assets acquired and liabilities assumed resulted in the provisional recognition of $1.3 million of goodwill, which is not deductible for tax purposes. Goodwill is primarily attributable to the assembled workforce and synergies. Contingent Liability Contingent liability purchase price installments, which total $396,940 based on meeting certain revenue and EBITDA milestones for 2024 and 2025, were recorded at their fair value of $175,000 at the acquisition date. The contingent liability value is subject to periodic adjustment until both measurement dates are completed. No adjustment was recorded in December 2023. As of June 30, 2024, the Company reassessed the fair value of the contingent performance-based consideration related to the earnout provision of the acquisition of Hoozu. Based on actual performance to date, and revised projections of Hoozu’s business performance, it was determined that the contingent milestones were no longer probable of being achieved. Consequently, the contingent liability was adjusted to the expected payout value, resulting in a gain of $175,000 recognized as a reduction to general and administrative expense in the consolidated statements of income. This adjustment reflects our updated expectation of future performance and aligns with the requirements of ASC 805, which expectations were affirmed as of September 30, 2024. Privatization of Hoozu Holdings, Ltd On March 27, 2024, Hoozu Holdings, Ltd was privatized and restructured to become Hoozu Holdings Pty, Ltd. This administrative change reflects a desire to streamline financial operations. 26 Talent On July 1, 2024, the Company, through its subsidiary Hoozu, completed the acquisition of 26 Talent, in connection with the Company’s strategic expansion efforts in Asia-Pacific (APAC) region. 26 Talent is a talent management agency. Consideration for the acquisition consisted of cash of $150,000 and contingent consideration totaling up to $120,000, with twelve-month measurement periods ending July 31, 2025, and 2026. The contingent payments are based on meeting minimum Revenue thresholds for each measurement period. The contingent payments are hit-or-miss. The Company accounted for the acquisition in accordance with ASC 805, which requires the assets acquired and liabilities to be assumed to be recognized on the balance sheet at their fair market value as of the acquisition date. Gross Purchase Considerations 07/1/2024 Cash paid at closing $ 150,000 First deferred purchase price installment (1) 38,000 Second deferred purchase price installment (1) 48,000 Total estimated consideration $ 236,000 (1) The Company’s acquisition of 26 Talent on July 1, 2024, included two equal contingent cash consideration payments totaling up to $120,000, with twelve-month measurement periods ending July 31, 2025 and 2026. The contingent payments are based on meeting minimum Revenue and Adjusted Earnings before Taxes and Deprecation thresholds for each measurement period. The contingent payments are hit-or-miss. The Company determined the fair value of these contingent payments, using Monte Carlo simulation methods, to be $86,000 at the acquisition date, subject to periodic adjustment until both measurement periods are complete. The table below presents the provisional fair values on July 1, 2024, allocated to the assets acquired and liabilities assumed. The purchase accounting and purchase price allocation for 26 Talent are provisional. The fair values are presented in the following table: Preliminary Purchase Price Allocation Accounts receivable $ 146,857 Prepaid expenses 8,480 Customer list 162,575 Accounts payable (14,590) Current liabilities (159,716) Purchase consideration, excluding cash received $ 143,606 Plus cash received 92,394 Total purchase consideration $ 236,000 Accounts receivable shown in the above table represent their gross amount, which approximates the fair value, and are expected to be collected in full. The significant fair value estimates included in the provisional allocation of purchase price are discussed below. Other Intangible Assets Other intangible assets with definite lives include acquired customer relationships of $0.2 million. The preliminary customer-related intangible assets’ fair value was determined by using the income approach. Acquired customer relationships generally have useful lives of 10 years, unless shorter periods are warranted, and are amortized to operating costs on an accelerated basis. Contingent Liability Contingent liability purchase price installments, which total $120,000 based on meeting certain revenue and EBITDA milestones for 2025 and 2026, were recorded at their fair value of $86,000 at the acquisition date. The contingent liability value is subject to periodic adjustment until both measurement dates are completed. The fair value of the contingent liability value was increased to $92,000 in the three months ended September 30, 2024. Zuberance On December 1, 2023, the Company entered into an Asset Purchase Agreement (the “Agreement”) with Zuberance, Inc., a Delaware corporation (“Zuberance”). Zuberance is a pioneering advocate marketing software platform. Zuberance provides marketers with the tools to build white-label communities of their customers and influencers while engaging these communities to serve as advocates for their brand, leading to low-cost content creation. The net purchase price was $18,400 in cash consideration, allocated to the fair value of assets acquired and liabilities assumed, as shown in the following table: Estimated Fair Value Intangibles-customer relationships $ 162,725 Current liabilities (58,138) Deferred revenue (86,187) Total purchase price $ 18,400 The customer-related intangible assets’ fair value was determined by using the income approach, has an estimated useful life of 5 years, and will be amortized to operating expenses on an accelerated basis. Other On July 24, 2024 the Company entered into an agreement with The Reiman Agency (“TRA”) and subsequently terminated this agreement, effective September 30, 2024.
Trade names
Business Acquisition [Line Items]
Useful Life in years		10 years
Acquired Customer Relationship
Business Acquisition [Line Items]
Useful Life in years		10 years
Hoozu
Business Acquisition [Line Items]
Total estimated consideration	2,516,946
Payments to Acquire Businesses, Gross	595,411
Stock issued at closing	1,746,535
Transaction costs	150,000
Goodwill	1,265,155
Contingent liability purchase price installments	396,940
Hoozu | Trade names
Business Acquisition [Line Items]
Customer list	$ 668,000
Useful Life in years	10 years
Hoozu | Customer lists
Business Acquisition [Line Items]
Customer list	$ 935,000
Useful Life in years	10 years	10 years
Zuberance
Business Acquisition [Line Items]
Customer list			162,725
Acquired finite-lived intangible assets, weighted average useful life (years)	5 years
Total purchase consideration			$ 18,400
Zuberance | Customer lists
Business Acquisition [Line Items]
Useful Life in years		5 years

Business Acquisitions - Schedul

Business Acquisitions - Schedule of Purchase Consideration (Details) - Hoozu	Dec. 01, 2023 USD ($) payment	Sep. 30, 2024 USD ($)
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross	$ 595,411
Stock issued at closing	1,746,535
Total estimated consideration	$ 2,516,946
Number of payments | payment	4
Contingent liability purchase price installments	$ 396,940
Equity Issued in Business Combination, Fair Value Disclosure		$ 0
First deferred purchase price installment
Business Acquisition [Line Items]
Business Combination, Contingent Consideration, Liability	114,400
Second deferred purchase price installment
Business Acquisition [Line Items]
Business Combination, Contingent Consideration, Liability	$ 60,600

Business Acquisitions - Sched_2

Business Acquisitions - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($)	Dec. 01, 2023	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Goodwill		$ 1,263,337	$ 5,280,372	$ 4,016,722
Deferred tax liability	$ (400,750)
Hoozu
Business Acquisition [Line Items]
Accounts receivable	419,336
Prepaid expenses	15,750
Property and equipment, net	9,033
Goodwill	1,265,155
Accounts payable	(718,515)
Current liabilities	(930,655)
Purchase consideration, excluding cash received	1,262,354
Plus: cash received	1,254,592
Total estimated consideration	2,516,946
Hoozu | Trade names
Business Acquisition [Line Items]
Customer list	668,000
Hoozu | Customer lists
Business Acquisition [Line Items]
Customer list	$ 935,000

Business Acquisitions - Sched_3

Business Acquisitions - Schedule of Zuberance Acquisition (Details)	Dec. 31, 2023 USD ($)
Business Acquisition [Line Items]
Total purchase consideration	$ 18,400
Zuberance
Business Acquisition [Line Items]
Customer list	162,725
Current liabilities	(58,138)
Deferred revenue	(86,187)
Total purchase consideration	$ 18,400

Business Acquisitions - 26 Tale

Business Acquisitions - 26 Talent (Details) - 26 Talent - USD ($)		9 Months Ended
	Jul. 01, 2024	Sep. 30, 2024
Business Acquisition [Line Items]
Business Combination, Contingent Consideration, Liability	$ 120,000	$ 120,000
Payments to Acquire Businesses, Gross	150,000	$ 0.6
First deferred purchase price installment(1)	38,000
Second deferred purchase price installment(1)	48,000
Total estimated consideration	236,000
Accounts receivable	146,857
Prepaid expenses	8,480
Accounts payable	(14,590)
Current liabilities	(159,716)
Purchase consideration, excluding cash received	143,606
Plus: cash received	92,394
Total estimated consideration	236,000
Customer lists
Business Acquisition [Line Items]
Customer list	$ 162,575

Financial Instruments - Marketa

Financial Instruments - Marketable Securities by Significant Investment Category (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Marketable Securities [Line Items]
Adjusted Cost	$ 54,392,281
Unrealized Gains	15,828
Unrealized Losses	(30,757)
Fair Value	54,377,352
Cash and cash equivalents	45,958,100	$ 37,446,728
Current Marketable Securities	8,419,252	$ 17,126,057
Cash and cash equivalents
Marketable Securities [Line Items]
Adjusted Cost	4,869,228
Fair Value	4,869,228
Cash and cash equivalents	4,869,228
Level 1
Marketable Securities [Line Items]
Adjusted Cost	42,098,639
Unrealized Gains	0
Unrealized Losses	(8,670)
Fair Value	42,089,969
Cash and cash equivalents	41,088,872
Current Marketable Securities	1,001,097
Level 1 | Commercial paper
Marketable Securities [Line Items]
Adjusted Cost
Unrealized Gains	0
Unrealized Losses	0
Fair Value	0
Cash and cash equivalents	0
Level 1 | Money market funds
Marketable Securities [Line Items]
Adjusted Cost	41,088,872
Unrealized Gains	0
Unrealized Losses	0
Fair Value	41,088,872
Cash and cash equivalents	41,088,872
Level 1 | US Treasury securities
Marketable Securities [Line Items]
Adjusted Cost	1,009,767
Unrealized Gains	0
Unrealized Losses	(8,670)
Fair Value	1,001,097
Cash and cash equivalents	0
Current Marketable Securities	1,001,097
Level 2
Marketable Securities [Line Items]
Adjusted Cost	7,424,414
Unrealized Gains	15,828
Unrealized Losses	(22,087)
Fair Value	7,418,155
Cash and cash equivalents	0
Current Marketable Securities	7,418,155
Level 2 | Asset back securities
Marketable Securities [Line Items]
Adjusted Cost	1,245,068
Unrealized Gains	15,828
Unrealized Losses	(257)
Fair Value	1,260,639
Cash and cash equivalents	0
Current Marketable Securities	1,260,639
Level 2 | Corporate debt securities
Marketable Securities [Line Items]
Adjusted Cost	6,179,346
Unrealized Gains	0
Unrealized Losses	(21,830)
Fair Value	6,157,516
Cash and cash equivalents	0
Current Marketable Securities	$ 6,157,516

Financial Instruments - Narrati

Financial Instruments - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Business Combination, Separately Recognized Transactions, Net Gains and Losses	$ 1,802	$ 0	$ (3,257)	$ 104
Holding period of marketable securities			1 year

Financial Instruments - Fair Va

Financial Instruments - Fair Value of Marketable Debt Securities (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Due in 1 year or less	$ 8,419,252	$ 17,126,057
Due in 1 year through 5 years	0	9,618,996
Total	$ 8,419,252	$ 26,745,053

Financial Instruments - Fair _2

Financial Instruments - Fair Value and Net Unrealized Gains (Losses) By Investment in OCI (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Marketable Securities [Line Items]
Fair Value	$ 54,377,352	$ 64,191,781
Net Unrealized Gain (Loss)	(14,929)	(250,591)
Cash and cash equivalents
Marketable Securities [Line Items]
Fair Value	45,958,100	37,446,728
Net Unrealized Gain (Loss)	0	0
US Treasury securities
Marketable Securities [Line Items]
Fair Value	1,001,097	6,939,713
Net Unrealized Gain (Loss)	(8,670)	(79,840)
Corporate debt securities
Marketable Securities [Line Items]
Fair Value	6,157,516	16,196,931
Net Unrealized Gain (Loss)	(21,830)	(124,431)
Asset back securities
Marketable Securities [Line Items]
Fair Value	1,260,639	3,608,409
Net Unrealized Gain (Loss)	$ 15,571	$ (46,320)

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 329,288		$ 329,288		$ 320,304
Less accumulated depreciation	(192,365)		(192,365)		(114,927)
Property and equipment, net	136,923		136,923		205,377
Depreciation			80,079	$ 72,529
Depreciation and Amortization Expense
Property, Plant and Equipment [Line Items]
Depreciation	26,821	$ 26,583
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	29,848		29,848		29,848
Office equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	8,506		8,506		8,506
Computer equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 290,934		$ 290,934		$ 281,950

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023	Dec. 01, 2023
Finite-Lived Intangible Assets [Line Items]
Balance	$ 1,875,530	$ 1,765,508
Accumulated Amortization	220,572	16,067
Intangible assets, net	1,654,958	1,749,441
Hoozu
Finite-Lived Intangible Assets [Line Items]
Balance	1,603,403	1,603,000
Zuberance
Finite-Lived Intangible Assets [Line Items]
Balance		162,508
Trade names
Finite-Lived Intangible Assets [Line Items]
Balance	668,169	668,000
Accumulated Amortization	74,925	5,567
Intangible assets, net	$ 593,244	662,433
Useful Life in years	10 years
Trade names | Hoozu
Finite-Lived Intangible Assets [Line Items]
Useful Life in years			10 years
Customer lists | Hoozu
Finite-Lived Intangible Assets [Line Items]
Balance	$ 935,234	935,000
Accumulated Amortization	106,794	7,791
Intangible assets, net	$ 828,440	927,209
Useful Life in years	10 years		10 years
Customer lists | Zuberance
Finite-Lived Intangible Assets [Line Items]
Balance	$ 162,508	162,508
Accumulated Amortization	36,113	2,709
Intangible assets, net	$ 126,395	159,799
Useful Life in years	5 years
Customer lists | 26 Talent
Finite-Lived Intangible Assets [Line Items]
Balance	$ 109,619	0
Accumulated Amortization	2,740	0
Intangible assets, net	$ 106,879	$ 0
Useful Life in years	10 years

Intangible Assets - Schedule _2

Intangible Assets - Schedule of Intangible Assets Acquired (Details) - USD ($)		3 Months Ended	9 Months Ended
	Jul. 01, 2024	Sep. 30, 2024	Sep. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Balance		$ 1,875,530	$ 1,875,530	$ 1,765,508
Less accumulated amortization		(220,572)	(220,572)	(16,067)
Intangible assets, net		1,654,958	1,654,958	1,749,441
Hoozu
Finite-Lived Intangible Assets [Line Items]
Balance		1,603,403	1,603,403	1,603,000
Hoozu | Customer lists
Finite-Lived Intangible Assets [Line Items]
Balance		935,234	935,234	935,000
Less accumulated amortization		(106,794)	(106,794)	(7,791)
Intangible assets, net		828,440	828,440	927,209
Zuberance
Finite-Lived Intangible Assets [Line Items]
Balance				162,508
Zuberance | Customer lists
Finite-Lived Intangible Assets [Line Items]
Balance		162,508	162,508	162,508
Less accumulated amortization		(36,113)	(36,113)	(2,709)
Intangible assets, net		126,395	126,395	159,799
26 Talent
Finite-Lived Intangible Assets [Line Items]
Business Combination, Contingent Liability, Fair Value	$ 86,000	92,000	86,000
26 Talent | Customer lists
Finite-Lived Intangible Assets [Line Items]
Balance		109,619	109,619	0
Less accumulated amortization		(2,740)	(2,740)	0
Intangible assets, net		$ 106,879	$ 106,879	$ 0

Intangible Assets - Schedule _3

Intangible Assets - Schedule of Future Amortization Expense (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2024	$ 80,402
2025	271,827
2026	246,576
2027	221,324
2028	196,073
2029+	638,756
Intangible assets, net	$ 1,654,958	$ 1,749,441

Intangible Assets - Narrative (

Intangible Assets - Narrative (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Impairment of intangible assets, other than digital		$ 0	$ 0
Intangible assets, net	$ 1,654,958	1,654,958		$ 1,749,441
Crypto asset, realized loss, operating	$ (51,703)
Crypto asset, realized gain, operating		28,412
Depreciation and Amortization Expense
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets		$ 203,728	$ 0

Intangible Assets - Schedule _4

Intangible Assets - Schedule of Goodwill (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Goodwill [Roll Forward]
Goodwill, beginning balance		$ 5,280,372		$ 5,280,372	$ 4,016,722
Acquisitions, impairments, or other changes		1,265,155
Currency translation adjustment		$ (1,505)		(313)
Goodwill, ending balance	$ 1,263,337			1,263,337
Goodwill impairment	$ (4,016,722)		$ 0	$ (4,016,722)	$ 0

Software Development Costs - Sc

Software Development Costs - Schedule of Software Development Cost (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Research and Development [Abstract]
Software development costs	$ 6,081,303	$ 5,390,403
Less accumulated amortization	(3,719,407)	(3,333,431)
Total	$ 2,361,896	$ 2,056,972

Software Development Costs - Ad

Software Development Costs - Additional Information (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($) platform	Dec. 31, 2023 USD ($)
Finite-Lived Intangible Assets [Line Items]
Number of platforms developed | platform				2
Capitalized computer software, additions	$ 253,749	$ 234,176	$ 690,901	$ 672,053
Capitalized computer software, gross	6,081,303		6,081,303		$ 5,390,403
Capitalized computer software, amortization	$ 133,290	$ 90,961	$ 385,976	$ 501,708
Software Development
Finite-Lived Intangible Assets [Line Items]
Useful Life in years	5 years		5 years

Software Development Costs - _2

Software Development Costs - Schedule of Future Estimated Amortization Expense (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Research and Development [Abstract]
2024	$ 132,693
2025	616,287
2026	610,539
2027	576,503
2028	307,476
2029	118,398
Software development costs, net	$ 2,361,896	$ 2,056,972

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($)		Sep. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
Accrued payroll liabilities	[1]	$ 2,227,765	$ 2,153,617
Accrued taxes		175,629	253,677
Current portion of finance obligation		59,386	59,386
Accrued other		1,611,700	616,780
Accrued expenses		4,074,480	$ 3,083,460
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost		$ 825,000
[1] (1) During the quarter ended September 30, 2024, the Company announced the departure of two executives. In accordance with their separation agreements and the payments they are entitled to receive, a severance amount of $825,000 was accrued.

Notes Payable - Additional Info

Notes Payable - Additional Information (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Debt Disclosure [Abstract]
Imputed interest rate	8%
Payment plan	3 years
Long-term debt	$ 78,267	$ 122,805
Long-term debt, current maturities	59,386	$ 59,386
Interest expense	$ 5,654

Notes Payable - Schedule of Fut

Notes Payable - Schedule of Future Maturities (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Debt Disclosure [Abstract]
2024	$ 14,847
2025	56,683
2026	6,737
Total	$ 78,267	$ 122,805

Commitments and Contingencies -

Commitments and Contingencies - Deferred Purchase Price (Details)			3 Months Ended	6 Months Ended	9 Months Ended	12 Months Ended
	Jul. 01, 2024 USD ($)	Dec. 01, 2023 USD ($) installment	Sep. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Other Commitments [Line Items]
Quarterly contingent payments subject to adjutment during measurment period						$ 175,000
Accreted Fair Value of Earnout Payments					$ 92,000
Recognized Gain on Contingent Liability at Measurement Date		$ 175,000			175,000
General and administrative
Other Commitments [Line Items]
Recognized Gain on Contingent Liability at Measurement Date				$ 175,000
Hoozu
Other Commitments [Line Items]
Number of contingent installment payments | installment		4
26 Talent
Other Commitments [Line Items]
Business Combination, Contingent Consideration, Liability	$ 120,000		$ 120,000		120,000
Business Combination, Contingent Liability, Fair Value	$ 86,000		$ 92,000		$ 86,000

Commitments and Contingencies_2

Commitments and Contingencies - Retirement Plans (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Other Commitments [Line Items]
Company contribution percentage			50%
Percent of employees' gross pay			8%
Employers annual vesting percentage			20%
Employers matching contribution, service period (in years)			2 years
Total contribution expense	$ 85,851	$ 74,272	$ 280,883	$ 229,791
Cost of revenue
Other Commitments [Line Items]
Total contribution expense	18,741	16,752	60,941	61,028
Sales and marketing
Other Commitments [Line Items]
Total contribution expense	28,713	18,384	88,943	51,800
General and administrative
Other Commitments [Line Items]
Total contribution expense	$ 38,397	$ 39,136	$ 130,999	$ 116,963

Stockholders' Equity - Authoriz

Stockholders' Equity - Authorized Shares (Detail) - $ / shares	Sep. 30, 2024	May 28, 2024	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Common stock, shares authorized (shares)	50,000,000		50,000,000
Preferred stock, shares authorized (shares)	10,000,000		10,000,000
Preferred stock, par value (per share)	$ 0.0001	$ 0.001	$ 0.0001
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, shares issued	0		0
Series A Junior Participating Preferred Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, shares issued	500,000

Stockholders' Equity - Share Re

Stockholders' Equity - Share Repurchase (Details) - USD ($)		9 Months Ended
	Mar. 30, 2023	Sep. 30, 2024	Jun. 28, 2024
Share-Based Payment Arrangement [Abstract]
Number of shares authorized for repurchase	1,000,000	10	10,000,000
Number of shares repurchased during the period	365,855	21,983
Shares repurchased during the period (in dollars per share)	$ 1.23
Treasury stock	$ 1,000,000
Stock Repurchased During Period, Value		$ 57,057

Stockholders' Equity - Equity I

Stockholders' Equity - Equity Incentive Plan (Details) - shares		3 Months Ended	9 Months Ended	12 Months Ended
	Oct. 17, 2023	Mar. 31, 2024	Sep. 30, 2024	Dec. 31, 2023	Oct. 18, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Increase in number of plan shares (in shares)	1,800,000
Common stock, capital shares reserved for future issuance (shares)	1,875,000				3,675,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted		131,520	93,133
5 independent director | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted				131,520
Incentive compensation for employees and consultants | The Amended and Restated May 2011 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, capital shares reserved for future issuance (shares)			354,775

Stockholders' Equity - Restrict

Stockholders' Equity - Restricted Stock (Details)	3 Months Ended			9 Months Ended		12 Months Ended
	Sep. 30, 2024 USD ($) $ / shares shares	Mar. 31, 2024 shares	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) director $ / shares shares	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($) director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of independent directors | director				7		5
Stock issued for payment of services	$ 79,057		$ 75,003	$ 229,063	$ 225,012
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted | shares		131,520		93,133
Restricted stock or unit expense	$ 79,057		75,003		225,012
Restricted stock | Equity Incentive 2011 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, fair value | $ / shares	$ 2.75			$ 2.75
Share-based compensation arrangement by share-based payment award, equity instruments other than options, aggregate intrinsic value, nonvested	$ 0			$ 0
Fair value of common stock issued for future services				$ 0
Director | Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted | shares	28,748			93,133
Stock issued for payment of services						$ 300,015
Restricted stock or unit expense				$ 229,063
Value of Shares Issued last day of quarter and vest immediately	$ 75,000			75,000
Employees | Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock or unit expense	$ 0		$ 0	$ 0	$ 376

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Non-Vested Restricted Stock (Details) - Restricted Stock [Member] - $ / shares	3 Months Ended		9 Months Ended	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Sep. 30, 2024	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted stock units, nonvested beginning of period	0	72	0	72
Restricted stock units, nonvested grants in period	131,520		93,133
Restricted stock units, nonvested vested in period	(131,592)		(93,133)
Restricted stock units, nonvested ending of period			0	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Restricted stock units, nonvested weighted average grant date fair value	$ 0	$ 5.36	$ 0	$ 5.36
Restricted stock units, nonvested grants in period, weighted average grant date fair value	2.28		2.46
Restricted stock units , nonvested vested in period, weighted average grant date fair value	$ 2.28		2.46
Restricted stock units, nonvested weighted average grant date fair value			$ 0	$ 0
Restricted stock units, nonvested weighted average remaining contractual terms	0 years	3 months 18 days	0 years

Stockholders' Equity - Restri_2

Stockholders' Equity - Restricted Stock Units (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued for payment of services	$ 79,057	$ 75,003	$ 229,063	$ 225,012
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, fair value	$ 2.75		$ 2.75
Share-based compensation arrangement by share-based payment award, equity instruments other than options, aggregate intrinsic value, nonvested	$ 4,172,165		$ 4,172,165
Fair value of common stock issued for future services			$ 3,042,415
Restricted stock units, nonvested weighted average remaining contractual terms			1 year 4 months 24 days		2 years 6 months	2 years 6 months
Granted			1,627,660		870,191
Employees | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock or unit expense	$ 1,502,854	$ 183,665	$ 2,153,453	$ 464,964
Executive Officer | Restricted stock units | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting period (in years)				12 months
Executive Officer | Restricted stock units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting period (in years)				48 months
Non Executive Employees [Member] | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued for payment of services			$ 1,843,989
Granted			804,800
Non Executive Employees [Member] | Restricted stock units | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting period (in years)			12 months
Non Executive Employees [Member] | Restricted stock units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting period (in years)			36 months
Executives Additional Incentive | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued for payment of services			$ 1,821,588
Granted			822,860

Stockholders' Equity - Restri_3

Stockholders' Equity - Restricted Stock Units Schedule (Details) - Restricted stock units - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted stock units, nonvested beginning of period	962,849	329,070
Restricted stock units, nonvested grants in period	1,627,660	870,191
Restricted stock units, nonvested vested in period	(790,560)	(163,085)
Forfeited	(282,798)	(73,327)
Restricted stock units, nonvested ending of period	1,517,151	962,849	329,070
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Restricted stock units, nonvested weighted average grant date fair value	$ 2.60	$ 3.79
Restricted stock units, nonvested grants in period, weighted average grant date fair value	2.25	2.38
Restricted stock units , nonvested vested in period, weighted average grant date fair value	2.54	3.55
Restricted stock units, nonvested forfeited in period, weighted average grant date fair value	2.41	3.18
Restricted stock units, nonvested weighted average grant date fair value	$ 2.29	$ 2.60	$ 3.79
Restricted stock units, nonvested weighted average remaining contractual terms	1 year 4 months 24 days	2 years 6 months	2 years 6 months
Departing Executives [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted stock units, nonvested vested in period	(523,683)

Stockholders' Equity - Stock Op

Stockholders' Equity - Stock Options (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of individual ownership of common stock (percentage)			10%
Common shares, exercised			6,040	0
Intrinsic value of options exercised			$ 7,974	$ 0
Share-based compensation arrangement by share-based payment award, options, outstanding, intrinsic value	$ 91,849		91,849
Share-based compensation arrangement by share-based payment award, options, exercisable, intrinsic value	91,849		91,849
Stock option plan expense	$ 75,418	$ 53,649	$ 171,897	172,773
May 2011 and August 2011 Equity Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair market value of incentive stock options			100%
Equity Incentive 2011 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares, exercised			6,040		586
Common shares outstanding	336,561		336,561		343,601	415,562
Weighted average exercise price	$ 9.54		$ 9.54		$ 9.53	$ 11.31
Common shares expected to vest	334,535		334,535
Common shares expected to vest weighted average	$ 9.67		$ 9.67
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized	$ 17,481		$ 17,481
Weighted average remaining years to vest (in years)					1 year 1 month 6 days	1 year 8 months 12 days
Common shares, vested			(23,830)		(31,474)
Weighted average grant date fair value, vested			$ 9.69		$ 9.53
Common shares, forfeited			(517)		(14,627)
Weighted average grant date fair value, forfeited			$ 9.19		$ 19.99
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares	2,026		2,026		26,373	72,474
Share-based Compensation Arrangement by Share-based Payment Award, Option, Nonvested, Weighted Average Exercise Price	$ 9.69		$ 9.69		$ 8.83	$ 5.80
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from issuance or sale of equity			$ 13,482	$ 0
Individual Stock Ownership in Excess of 10 Percent | May 2011 and August 2011 Equity Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair market value of incentive stock options			110%
Total vesting period | Stock options | May 2011 and August 2011 Equity Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting period (in years)			10 years
Twelve Months After Grant Date | May 2011 and August 2011 Equity Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of individual ownership of common stock (percentage)			25%
Stock option vesting period from grant date (in years)			1 year
Monthly in equal installments | Stock options | May 2011 and August 2011 Equity Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting period (in years)			3 years

Stockholders' Equity - Schedu_2

Stockholders' Equity - Schedule of Options Outstanding (Details) - $ / shares	9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options, exercised	(6,040)	0
Equity Incentive 2011 Plan
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options outstanding, beginning of period	343,601	415,562	415,562
Options, exercised	(6,040)		(586)
Options, expired	(483)		(71,013)
Options, forfeited	(517)		(362)
Options outstanding, end of period	336,561		343,601	415,562
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Weighted average exercise price, beginning of period	$ 9.53	$ 11.31	$ 11.31
Weighted average exercise price, exercised	1.23		0.96
Weighted average exercise price, expired	7.11		19.99
Weighted average exercise price, forfeited	9.19		7.75
Weighted average exercise price, end of period	$ 9.54		$ 9.53	$ 11.31
Weighted average remaining life (years), outstanding	7 months 6 days		5 years 2 months 12 days	5 years 3 months 18 days
Common shares expected to vest	334,535
Common shares expected to vest weighted average	$ 9.67
Weighted average remaining useful life exercisable	7 months 6 days

Stockholders' Equity - Schedu_3

Stockholders' Equity - Schedule of Nonvested Stock Option (Details) - Equity Incentive 2011 Plan - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]
Common shares, nonvested beginning of period	26,373	72,474
Common shares, vested	(23,830)	(31,474)
Common shares, forfeited	(517)	(14,627)
Common shares, nonvested end of period	2,026	26,373	72,474
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted average grant date fair value, nonvested beginning of period	$ 8.83	$ 5.80
Weighted average grant date fair value, vested	9.69	9.53
Weighted average grant date fair value, forfeited	9.19	19.99
Weighted average grant date fair value, nonvested end of period	$ 9.69	$ 8.83	$ 5.80
Weighted average remaining years to vest (in years)		1 year 1 month 6 days	1 year 8 months 12 days

Stockholders' Equity - Sharehol

Stockholders' Equity - Shareholder Rights Plan (Details) - $ / shares	May 28, 2024	Sep. 30, 2024	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Preferred stock, par value (per share)	$ 0.001	$ 0.0001	$ 0.0001
Preferred Stock, Dividend Rate, Per-Dollar-Amount	$ 8.25

Stockholders' Equity - Induceme

Stockholders' Equity - Inducement Plan (Details) - Restricted stock units				9 Months Ended	12 Months Ended
	Jul. 24, 2024 shares	May 03, 2024 shares	Dec. 01, 2023 employee shares	Sep. 30, 2024 shares	Dec. 31, 2023 shares	Nov. 30, 2023 shares	Dec. 31, 2022 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted				1,627,660	870,191
Forfeited				(282,798)	(73,327)
Non-Vested				1,517,151	962,849		329,070
Hoozu
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted			328,354
Share-based compensation arrangement by share-based payment award, number of shares authorized (in shares)						1,800,000
Number of employees awarded | employee			5
Zuberance
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted			10,000
Time-Based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted				179,355
Forfeited					(179,355)
Non-Vested				0
Time-Based | TRA Acquisition Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	169,357			169,357
Performance Based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted				318,354
Forfeited					(91,209)
Non-Vested				227,145
Performance Based | Employees that Voluntarily Left Company [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeited		(91,209)
Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted				497,709
Forfeited					(270,564)
Non-Vested				227,145
Total | Business acquisitions
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted				247,145

Stockholders' Equity - Employee

Stockholders' Equity - Employee Stock Purchase Plan (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($) shares	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) h shares	Sep. 30, 2023 USD ($)	Oct. 18, 2023 shares	Oct. 17, 2023 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, capital shares reserved for future issuance (shares) | shares					3,675,000	1,875,000
Share based compensation expense | $	$ 1,579,236	$ 239,353	$ 2,328,356	$ 642,752
2014 Employee Stock Purchase Plan | Employee Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, capital shares reserved for future issuance (shares) | shares	125,000		125,000
Share-based compensation arrangement by share-based payment award, award vesting period (in days)			90 days
Minimum hour requirement for employees participation in the ESSP (hours) | h			20
Annual compensation limit percentage, employee stock purchase plan (percentage)			10%
Annual compensation limit, employee stock purchase plan | $			$ 21,250
Shares issuance limit per offering period, employee stock purchase plan (in shares) | shares			2,000
Fair market value of shares available for issuance (percentage)			85%
Share based compensation expense | $	$ 965	$ 2,039	$ 3,006	$ 4,638

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Stock-Based Compensation (Details) - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense		$ 1,579,236	$ 239,353	$ 2,328,356	$ 642,752
Departing Executives [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense				1,100,000
Cost of revenue
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense		82,608	24,202	191,053	59,457
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense		50,567	44,761	171,774	92,352
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense	[1]	$ 1,446,061	$ 170,390	$ 1,965,529	$ 490,943
[1] (1) During the quarter ended September 30, 2024, the Company announced the departure of two executives. In accordance with their separation agreements, all outstanding equity awards, including stock options and restricted stock units (RSUs), held by the departing executives vested immediately upon separation, resulting in an additional $1.1 million in stock expense being recognized.

Stockholders' Equity - Accumula

Stockholders' Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stockholders' Equity Attributable to Parent	$ 53,288,890	$ 64,475,634	$ 53,288,890	$ 64,475,634	$ 60,773,833	$ 65,313,388	$ 66,362,657	$ 70,265,947
Unrealized gain on securities held	84,855	131,198	235,662	267,478
Translation Adjustment Functional to Reporting Currency, Net of Tax, Period Increase (Decrease)	(94,195)		(106,497)
Accumulated Other Comprehensive Income (Loss)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stockholders' Equity Attributable to Parent	(121,426)	(513,317)	(121,426)	(513,317)	(112,086)	(250,591)	(644,515)	(780,795)
Other Comprehensive Income (Loss) before Reclassifications, Tax	(9,340)	131,198	129,165	267,478
Unrealized gain on securities held	84,855	131,198	235,662	267,478
Translation Adjustment Functional to Reporting Currency, Net of Tax, Period Increase (Decrease)	(94,195)	0	(106,497)	0
Unrealized Gain (Loss) on Securities
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stockholders' Equity Attributable to Parent	(14,929)	(513,317)	(14,929)	(513,317)	(99,784)	(250,591)	(644,515)	(780,795)
Accumulated Foreign Currency Adjustment Attributable to Parent
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stockholders' Equity Attributable to Parent	$ (106,497)	$ 0	$ (106,497)	$ 0	$ (12,302)	$ 0	$ 0	$ 0

Loss per Common Share - Schedul

Loss per Common Share - Schedule of Dilutive Shares (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Earnings Per Share [Abstract]
Net loss	$ (8,768,319)	$ (1,982,938)	$ (14,228,997)	$ (5,822,703)
Weighted average common shares outstanding - basic (in shares)	16,956,497	15,463,334	17,024,645	15,525,636
Weighted average common shares outstanding - diluted (in shares)	16,956,497	15,463,334	17,024,645	15,525,636
Basic loss per common share (in dollars per share)	$ (0.52)	$ (0.13)	$ (0.84)	$ (0.38)
Diluted loss per common share (in dollars per share)	$ (0.52)	$ (0.13)	$ (0.84)	$ (0.38)

Loss per Common Share - Sched_2

Loss per Common Share - Schedule of Anti-Dilutive Shares (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	2,029,641	934,651	1,835,402	772,430
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	336,561	344,401	336,561	310,815
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	1,693,080	590,250	1,498,841	461,615
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	0	0	0	0

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Revenue	$ 8,831,794	$ 7,894,901	$ 24,878,493	$ 27,321,682
Revenue from North America
Disaggregation of Revenue [Line Items]
Revenue	7,534,435	7,030,759	20,561,879	25,202,585
Revenue from APAC
Disaggregation of Revenue [Line Items]
Revenue	93,657	864,142	3,343,124	0
Revenue from Other
Disaggregation of Revenue [Line Items]
Revenue	1,203,702	0	973,490	2,119,097
Managed Services Revenue
Disaggregation of Revenue [Line Items]
Revenue	8,625,924	7,837,725	24,172,929	26,958,860
SaaS Services Revenue
Disaggregation of Revenue [Line Items]
Revenue	$ 205,870	$ 57,176	$ 705,564	$ 362,822

Revenue - Narrative (Details)

Revenue - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Disaggregation of Revenue [Line Items]
Revenue	$ 8,831,794	$ 7,894,901	$ 24,878,493	$ 27,321,682
Length of contract with customers			1 year
Contract liabilities	9,119,560		$ 9,119,560		$ 8,891,205
Contract liabilities, revenue recognized			$ 8,000,000
Contract length for sales commissions payment			1
Performance obligation contract term			1 year
Accounts Receivable, Noncurrent, Year One, Originated, Current Fiscal Year	200,000		$ 200,000
Billed Contracts Receivable					$ 6,600,000
Sponsored Social Revenue
Disaggregation of Revenue [Line Items]
Revenue	7,600,000		20,800,000
Content Revenue
Disaggregation of Revenue [Line Items]
Revenue	$ 1,000,000		$ 3,400,000

Revenue - Contract Balances (De

Revenue - Contract Balances (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Accounts receivable, net	$ 6,488,379	$ 5,012,373
Contract liabilities (unearned revenue)	$ 9,119,560	$ 8,891,205

Income Taxes - Effective Rate R

Income Taxes - Effective Rate Reconciliation (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income tax benefit (expense)	$ 33,621	$ 0	$ 140,699	$ 0
Effective tax rate	0.40%	0%	1%	0%