Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2023
Dec. 31, 2022
 CURRENT ASSETS:    
 Cash $ 3,266,916 $ 1,121,092
 Accounts receivable, net 258,874 3,418,263
 Contract assets 1,346,731 425,722
 Inventory 1,525,913 1,428,360
 Prepaid expenses and other current assets 355,978 441,320
 Total Current Assets 6,754,412 6,834,757
 Property and equipment, net 555,485 629,490
 Operating lease right of use asset 4,454,714 4,689,931
 Security deposit 550,000 600,000
 OTHER ASSETS:    
 Note receivable, net 151,875
 Patents and trademarks, net 121,051 69,733
 Software development costs, net 793,618 265,208
 Total Other Assets 1,066,544 334,941
 TOTAL ASSETS 13,381,155 13,089,119
 CURRENT LIABILITIES:    
 Accounts payable 619,765 2,290,390
 Notes payable - financing agreements 137,816 74,575
 Accrued expenses 275,277 453,023
 Equipment financing payable-current portion 22,851
 Operating lease obligations-current portion 774,306 696,869
 Contract liabilities 1,588,928 957,997
 Total Current Liabilities 3,396,092 4,495,705
 Operating lease obligations, less current portion 4,310,853 4,542,943
 Total Liabilities 7,706,945 9,038,648
 Commitments and Contingencies (Note 4)
 STOCKHOLDERS' EQUITY:    
Preferred stock, value
Common stock: $0.001 par value; 500,000,000 shares authorized, 7,248,455 and 7,156,856 shares issued, 7,247,131 and 7,155,552 shares outstanding at September 30, 2023 and December 31, 2022, respectively 7,248 7,156
 Additional paid-in-capital 66,267,057 56,562,600
 Accumulated deficit (60,442,653) (52,361,834)
 Sub-total 5,831,662 4,207,923
Less:  Treasury stock (1,324 shares of common stock at September 30, 2023 and December 31, 2022) (157,452) (157,452)
 Total Stockholders' Equity 5,674,210 4,050,471
 Total Liabilities and Stockholders' Equity 13,381,155 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
Convertible Series F Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value $ 5