Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Stockholders Equity

v3.23.2
Consolidated Statements of Changes in Stockholders Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2021 $ 2,336 $ 66,233,292 $ (251,083) $ (48,243,028) $ 17,741,517
Shares, Issued at Dec. 31, 2021 23,363,732        
Proceeds from open market sales $ 6 131,559 131,565
Proceeds from open market sales, shares 56,472        
Brokers Fees on open market sales   (3,949)     (3,949)
Restricted stock awards $ 16 424,984 425,000
Restricted stock compensation, shares 162,835        
Stock based compensation expense 597,972 597,972
Foreign currency translation adjustment (151,775) (151,775)
Net loss (2,554,216) (2,554,216)
Ending balance, value at Mar. 31, 2022 $ 2,358 67,383,858 (402,858) (50,797,244) 16,186,114
Shares, Issued at Mar. 31, 2022 23,583,039        
Beginning balance, value at Dec. 31, 2021 $ 2,336 66,233,292 (251,083) (48,243,028) 17,741,517
Shares, Issued at Dec. 31, 2021 23,363,732        
Fair value of restricted stock issued to settle liabilities        
Fair value of common stock issued for Acquisition of Engage  IT Services, Srl        
Proceeds from prefunded warrants         512,758
Fair value of options issued to settle liabilities        
Ending balance, value at Jun. 30, 2022 $ 2,632 71,681,523 (761,314) (54,612,503) 16,310,338
Shares, Issued at Jun. 30, 2022 26,319,583        
Beginning balance, value at Mar. 31, 2022 $ 2,358 67,383,858 (402,858) (50,797,244) 16,186,114
Shares, Issued at Mar. 31, 2022 23,583,039        
Proceeds from open market sales $ 11 255,477 255,488
Proceeds from open market sales, shares 111,544        
Brokers Fees on open market sales   (7,663)     (7,663)
Fair value of restricted stock issued to settle liabilities $ 263 2,486,925 2,487,188
Fair value of restricted stock issued to settle liabilities, shares 2,625,000        
Proceeds from prefunded warrants 512,758 512,758
Brokers fees on private placement 245,950 245,950
Stock based compensation expense   1,296,118     1,296,118
Foreign currency translation adjustment     (358,456)   (358,456)
Net loss (3,815,259) (3,815,259)
Brokers fees on private placement (245,950) (245,950)
Ending balance, value at Jun. 30, 2022 $ 2,632 71,681,523 (761,314) (54,612,503) 16,310,338
Shares, Issued at Jun. 30, 2022 26,319,583        
Beginning balance, value at Dec. 31, 2022 $ 3,036 74,249,244 (600,619) (66,501,246) 7,150,415
Shares, Issued at Dec. 31, 2022 30,360,810        
Fair value of restricted stock issued to settle liabilities $ 6 59,994 60,000
Fair value of restricted stock issued to settle liabilities, shares 67,416        
Fair value of common stock issued for Acquisition of Engage  IT Services, Srl $ 302 1,735,313 1,735,615
Fair value of common stock issued for Acquisition of Engage IT, shares 3,018,461        
Fair value of warrant issued with convertible debt 485,922 485,922
Restricted stock awards 537 170,885 171,422
Fair value of options issued to settle liabilities 125,000 125,000
Stock based compensation expense 545,198 545,198
Foreign currency translation adjustment 87,647 87,647
Net loss (2,293,361) (2,293,361)
Ending balance, value at Mar. 31, 2023 $ 3,881 77,371,556 (512,972) (68,794,607) 8,067,858
Shares, Issued at Mar. 31, 2023 38,812,842        
Beginning balance, value at Dec. 31, 2022 $ 3,036 74,249,244 (600,619) (66,501,246) 7,150,415
Shares, Issued at Dec. 31, 2022 30,360,810        
Fair value of restricted stock issued to settle liabilities         60,000
Fair value of common stock issued for Acquisition of Engage  IT Services, Srl         1,735,615
Proceeds from prefunded warrants        
Fair value of options issued to settle liabilities         125,000
Ending balance, value at Jun. 30, 2023 $ 3,881 78,831,744 (507,443) (72,343,728) 5,984,454
Shares, Issued at Jun. 30, 2023 38,812,842        
Beginning balance, value at Mar. 31, 2023 $ 3,881 77,371,556 (512,972) (68,794,607) 8,067,858
Shares, Issued at Mar. 31, 2023 38,812,842        
Fair value of warrant issued with convertible debt 662,623 662,623
Restricted stock awards 257,133 257,133
Stock based compensation expense 540,432 540,432
Foreign currency translation adjustment 5,529 5,529
Net loss (3,549,121) (3,549,121)
Ending balance, value at Jun. 30, 2023 $ 3,881 $ 78,831,744 $ (507,443) $ (72,343,728) $ 5,984,454
Shares, Issued at Jun. 30, 2023 38,812,842