v3.26.3
CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 8,650,162 $ 6,248,223
Held-to-maturity securities 6,448,602 10,618,881
Accounts receivable, net of allowance for credit losses of $30,000 at September 30, 2026 and December 31, 2025 2,949,568 3,786,681
Other current assets 1,130,686 1,131,686
Total current assets 19,179,018 21,785,471
Held-to-maturity securities 3,000,000 1,997,000
Property and equipment, net 346,943 415,859
Operating lease right-of-use asset, net 60,635 84,525
Goodwill 1,954,460 1,954,460
Deferred tax assets, net 58,709 58,709
Total assets 24,599,765 26,296,024
Current liabilities:    
Unexpired subscription revenue 10,862,749 10,933,761
Accounts payable 491,628 169,988
Operating lease liability 30,875 29,364
Accrued expenses 3,056,076 4,067,617
Total current liabilities 14,441,328 15,200,730
Unexpired subscription revenue, less current portion 221,222 178,936
Operating lease liability, less current portion 29,760 55,161
Total liabilities 14,692,310 15,434,827
Commitments and contingencies
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 10,767,498 and 10,767,501 shares, respectively 107,675 107,675
Additional paid-in capital 30,398,043 30,300,696
Accumulated deficit (20,598,263) (19,547,174)
Total stockholders’ equity 9,907,455 10,861,197
Total liabilities and stockholders’ equity $ 24,599,765 $ 26,296,024