Recruitercom Group Inc
For the period ended Dec 31, 2023. Filed Apr 16, 2024.
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FY2023 · Filed Apr 16, 2024
NIXX$0.20-4.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash | $1,008,408 | $946,804 |
| Accounts receivable, net of allowance for doubtful accounts of $1,051,411 and $1,446,613, respectively | 405,786 | 1,965,947 |
| Prepaid expenses and other current assets | 252,099 | 255,548 |
| Investment in marketable securities | 382,144 | - |
| Current assets from discontinued operations | - | 1,223,869 |
| Total current assets | 2,048,437 | 4,392,168 |
| Property and equipment, net of accumulated depreciation of $38,776 and $17,210, respectively | 36,311 | 61,340 |
| Intangible assets, net | 1,301,337 | 2,578,692 |
| Goodwill | 7,101,084 | 7,101,084 |
| Total assets | $10,487,169 | $14,133,284 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,696,022 | $1,569,814 |
| Accrued expenses | 770,625 | 908,743 |
| Accrued compensation | 154,764 | 410,957 |
| Accrued interest | 280,597 | 81,576 |
| Deferred payroll taxes | 2,484 | 2,484 |
| Other liabilities | 82,188 | 17,333 |
| Loans payable - current portion, net of discount | 5,631,633 | 3,700,855 |
| Warrant liability | 504,000 | 600,000 |
| Refundable deposit on preferred stock purchase | 285,000 | 285,000 |
| Deferred revenue | 149,848 | 215,219 |
| Current liabilities associated with discontinued operations | - | 2,643 |
| Total current liabilities | 9,557,161 | 7,794,624 |
| Loans payable - long term portion, net of discount | - | 1,260,343 |
| Total liabilities | 9,557,161 | 9,054,967 |
| Commitments and contingencies (Note 10) | ||
| Stockholders' Equity: | ||
| Preferred Stock, 10,000,000 authorized, $0.0001 par value | - | - |
| Preferred stock, Series D, $0.0001 par value; 2,000,000 shares authorized; no shares issued and outstanding as of December 31, 2023 and 2022 | - | - |
| Preferred stock, Series E, $0.0001 par value; 775,000 shares authorized; 86,000 shares issued and outstanding as of December 31, 2023 and 2022 | 9 | 9 |
| Preferred stock, Series F, $0.0001 par value; 200,000 shares authorized; no shares issued and outstanding as of December 31, 2023 and 2022 | - | - |
| Common stock, $0.0001 par value; 6,666,667 shares authorized; 1,433,903 and 1,085,184 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 143 | 109 |
| Shares to be issued, 0 and 39,196 shares as of December 31, 2023 and 2022, respectively | - | 4 |
| Additional paid-in capital | 77,348,939 | 74,333,736 |
| Accumulated deficit | (76,419,083) | (69,255,541) |
| Total stockholders' equity | 930,008 | 5,078,317 |
| Total liabilities and stockholders' equity | $10,487,169 | $14,133,284 |
| The accompanying notes are an integral part of these consolidated financial statements. | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.