v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (2,751,112) $ (1,934,279)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Deferred income tax expense (benefit) 6,450 (13,473)
Depreciation expense 1,353,060 1,016,925
Provision for credit losses 26,117 21,818
Amortization of intangibles 1,740,384 2,251,895
Share-based compensation expense 770,219 1,211,247
Non-cash lease expense 225,602 26,780
Chang in fair value of contingent consideration 0 (6,900)
Loss (gain) on disposal of fixed assets 8,161 (8,663)
Changes in assets and liabilities:    
Accounts receivable and unbilled receivables (4,710,100) (19,166,759)
Inventories (368,275) 53,151
Other current assets (1,056,038) (2,745,818)
Other assets 161,041 (175,798)
Accounts payable and accrued expenses 9,605,504 18,544,582
Income tax payable 89,727 (43,946)
Deferred revenue and other liabilities 814,526 2,667,196
Other liabilities (208,607) (16,186)
Net cash provided by operating activities 5,706,659 1,681,772
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (265,469) (117,938)
Proceeds from beneficial interest in sold receivables 0 259,125
Net cash (used in) provided by investing activities (265,469) 141,187
CASH FLOWS FROM FINANCING ACTIVITIES    
Advances on bank line of credit 2,800,000 5,600,000
Repayments of bank line of credit advances (2,800,000) (5,600,000)
Principal repayments under finance lease obligations (580,233) (636,455)
Withholding taxes paid on behalf of employees on net settled restricted stock awards (130,745) (258,382)
Issuance of common stock from cashless stock option exercises (61,205) 0
Proceeds from exercise of stock options 52,275 0
Net cash used in financing activities (719,908) (894,837)
Net effect of exchange rate on cash (72,184) (31,887)
NET INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 4,649,098 896,235
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, beginning of period 7,817,395 6,921,160
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, end of period 12,466,493 7,817,395
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH CONSISTED OF THE FOLLOWING:    
Cash and cash equivalents 9,818,503 6,775,139
Restricted cash 2,647,990 1,042,256
Total cash and cash equivalent 12,466,493 7,817,395
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 159,300 207,047
Cash paid for income taxes 47,500 0
NONCASH INVESTING AND FINANCING ACTIVITIES    
ROU asset obtained in exchange for lease liability $ 542,232 $ 828,608