v3.26.3
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net (loss) income $ (1,051,089) $ 252,901
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Amortization of bond discount (71,242) (131,190)
Depreciation and amortization 149,623 281,100
Stock-based compensation 97,347 73,228
Changes in operating assets and liabilities:    
Accounts receivable, net 837,113 654,353
Other current assets 1,000 29,773
Unexpired subscription revenue (28,726) 20,652
Accounts payable 321,640 (128,092)
Accrued expenses (1,011,541) 532,937
Net cash (used in) provided by operating activities (755,875) 1,585,662
Cash flows from investing activities:    
Proceeds from held-to-maturity securities 6,208,000 2,695,000
Purchase of held-to-maturity securities (2,969,479) (3,918,108)
Purchase of property and equipment (80,707) (215,573)
Net cash provided by (used in) investing activities 3,157,814 (1,438,681)
Cash flows from financing activities:    
Proceeds from exercise of stock options 0 96,935
Net cash provided by financing activities 0 96,935
Net increase in cash and cash equivalents 2,401,939 243,916
Cash and cash equivalents at beginning of period 6,248,223 6,674,473
Cash and cash equivalents at end of period $ 8,650,162 $ 6,918,389