v3.26.1
CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,715,460 $ 6,248,223
Held-to-maturity securities 11,680,204 10,618,881
Accounts receivable, net of allowance for credit losses of $30,000 3,210,317 3,786,681
Other current assets 1,098,287 1,131,686
Total current assets 21,704,268 21,785,471
Held-to-maturity securities 971,000 1,997,000
Property and equipment, net 442,746 415,859
Operating lease right-of-use asset, net 76,695 84,525
Goodwill 1,954,460 1,954,460
Deferred tax assets, net 58,709 58,709
Total assets 25,207,878 26,296,024
Current liabilities:    
Unexpired subscription revenue 10,755,411 10,933,761
Accounts payable 151,184 169,988
Operating lease liability 29,859 29,364
Accrued expenses 3,189,669 4,067,617
Total current liabilities 14,126,123 15,200,730
Unexpired subscription revenue, less current portion 200,379 178,936
Operating lease liability, less current portion 46,836 55,161
Total liabilities 14,373,338 15,434,827
Stockholders’ equity:    
Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued 0 0
Common stock, $.01 par value; authorized 32,500,000 shares; issued and outstanding 10,767,501 shares 107,675 107,675
Additional paid-in capital 30,326,362 30,300,696
Accumulated deficit (19,599,497) (19,547,174)
Total stockholders’ equity 10,834,540 10,861,197
Total liabilities and stockholders’ equity $ 25,207,878 $ 26,296,024