Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Cash Flows (Unaudited)

v3.25.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Cash flows from operating activities:      
Loss from continuing operations $ (741,090) $ (807,152)  
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities - continuing operations:      
Depreciation and amortization 40,957 52,401  
Noncash lease expense 22,848 22,848  
Stock-based compensation expense 36,641 83,332  
Provision for doubtful accounts 9,663 31,662 $ 13,986
Unrealized loss on investment 44,000 0  
Changes in operating assets and liabilities, net of effects of discontinued operations:      
Accounts receivable 77,223 (17,601)  
Prepaid expenses and other current assets (69,814) 23,869  
Accounts payable 271,042 (48,219)  
Accrued expenses (4,136) (33,113)  
Lease liability (26,961) (26,348)  
Deferred revenue 55,496 175,223  
Net cash used in operating activities (284,131) (543,098)  
Cash flows from investing activities:      
Payments for technology developed 0 (82,060)  
Purchases of property and equipment 0 (479)  
Payments to acquire investments (1,300,000) 0  
Net cash used in investing activities (1,300,000) (82,539)  
Cash flows from financing activities:      
Proceeds from the sale of common stock 349,413 95,104  
Net cash provided by (used in) financing activities 349,413 95,104  
Net decrease in cash and cash equivalents (1,234,718) (530,533)  
Cash, cash equivalents, beginning of period 1,731,155 627,641 627,641
Cash and cash equivalents, end of period 496,437 97,108 $ 1,731,155
Supplemental disclosures of other cash flow information:      
Cash paid for income taxes 0 2,490  
Non-cash stock issuance for additional interest in RemoteMore USA, Inc. 300,000 0  
Non-cash amortization of commitment funding $ 187,500 $ 93,750