Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
 CURRENT ASSETS:    
 Cash $ 2,452,248 $ 1,121,092
 Accounts receivable, net 286,871 3,418,263
 Contract assets 1,006,791 425,722
 Inventory 1,544,755 1,428,360
 Prepaid expenses and other current assets 496,545 441,320
 Total Current Assets 5,787,210 6,834,757
 Property and equipment, net 609,941 629,490
 Operating lease right of use asset 4,534,593 4,689,931
 Security deposit 550,000 600,000
 Convertible note receivable, net 150,625
 Patents and trademarks, net 92,603 69,733
 Software development costs, net 579,655 265,208
 TOTAL ASSETS 12,304,627 13,089,119
 CURRENT LIABILITIES:    
 Accounts payable 760,029 2,290,390
 Notes payable - financing agreements 259,062 74,575
 Accrued expenses 302,108 453,023
 Equipment financing payable-current portion 22,851
 Operating lease obligations-current portion 769,563 696,869
 Contract liabilities 2,439,640 957,997
 Total Current Liabilities 4,530,402 4,495,705
 Operating lease obligations, less current portion 4,389,690 4,542,943
 Total Liabilities 8,920,092 9,038,648
 Commitments and Contingencies (Note 4)
 STOCKHOLDERS' EQUITY:    
Common stock: $0.001 par value; 500,000,000 shares authorized, 7,240,545 and 7,156,876 shares issued, 7,239,221 and 7,155,552 shares outstanding at June 30, 2023 and December 31, 2022, respectively 7,240 7,156
 Additional paid-in-capital 61,029,659 56,562,600
 Accumulated deficit (57,494,917) (52,361,834)
 Sub-total 3,541,987 4,207,923
  Less:  Treasury stock (1,324 shares of common stock at June 30, 2023 and December 31, 2022) (157,452) (157,452)
 Total Stockholders' Equity 3,384,535 4,050,471
 Total Liabilities and Stockholders' Equity 12,304,627 13,089,119
Convertible Series A Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred Stock, Value
Convertible Series B Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred Stock, Value
Convertible Series C Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred Stock, Value
Convertible Series D Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred Stock, Value 1 1
Convertible Series E Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred Stock, Value $ 4