CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 291,217	$ 342,014
Accounts receivable, net	1,077,493	1,154,787
Prepaid expenses	211,748	133,478
Other current assets	151,745	104,931
Total current assets	1,732,203	1,735,210
Deposits	17,539	16,850
Property and equipment, net	235,336	302,224
Capitalized internal-use software development costs, net	5,001,877	4,552,910
Goodwill	110,000	110,000
Intangible assets	53,974	65,636
Operating lease right-of-use assets (see note 5)	239,462	393,472
Total assets	7,390,391	7,176,302
Current liabilities:
Accounts payable and accrued liabilities	2,848,533	2,210,933
Deferred revenue (see note 3)	2,027,800	1,456,381
Operating lease liabilities (see note 5)	185,989	206,146
Total current liabilities	5,062,322	3,873,460
Long-term liabilities:
Deferred revenue (see note 3)	256,864	375,568
Operating lease liabilities (see note 5)	54,206	191,735
Preferred stock warrant liability (see note 6)	0	611,563
Total long-term liabilities	311,070	1,178,866
Mezzanine equity:
Preferred stock, 10,000,000 shares authorized:Series A redeemable convertible preferred stock, $0.001 par value, 550,000 shares designated; shares issued and outstanding: 123,685 at September 30, 2024 and December 31, 2023 (see note 6)	0	2,983,857
Stockholders' equity:
Common stock, $0.001 par value, 150,000,000 shares authorized, shares issued and outstanding: 90,477,798 at September 30, 2024 and December 31, 2023	90,479	90,479
Additional paid-in capital	19,523,795	18,910,482
Accumulated deficit	(20,581,132)	(19,860,842)
Total stockholders' equity (deficit)	2,016,999	(859,881)
Total liabilities, mezzanine equity and stockholders' equity (deficit)	7,390,391	7,176,302
Series A Convertible Preferred Stock [Member]
Mezzanine equity:
Preferred stock, 10,000,000 shares authorized:Series A redeemable convertible preferred stock, $0.001 par value, 550,000 shares designated; shares issued and outstanding: 123,685 at September 30, 2024 and December 31, 2023 (see note 6)	$ 2,983,857	$ 0

QUOTEMEDIA INC 10-Q