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Restatement (Tables)
12 Months Ended
Dec. 31, 2014
Restatement [Abstract]  
Schedule of restatement pertaining to previous year financial statements

The following items were restated in the 2013 Annual Financial Statements

 

 
Balance Sheet     Previously stated       Adjustments       Restated  
Accounts receivable   $ 1,566,964     $ (55,255 )   $ 1,511,709  
Revenue share payable   $ 1,193,661     $ 93,891     $ 1,287,552  
Deferred revenue   $ 4,252     $ 222,020     $ 226,272  
Additional paid in capital   $ 8,726,708     $ 148,477     $ 8,875,155  
Deferred stock compensation   $ (233,942 )   $ (36,520 )   $ (270,462 )
Accumulated deficit   $ (24,616,220 )   $ (483,137 )   $ (25,099,357 )
                         
Statement of Operations                      
Revenue   $ 4,957,016     $ (277,275 )   $ 4,679,741  
Revenue share expense   $ 1,767,425     $ 93,891     $ 1,861,316  
Operating expenses   $ 2,973,990     $ 111,701     $ 3,085,691  
Net income (loss)   $ 215,847     $ (483,137 )   $ (267,290 )
                         
Statement of Cash Flows                        
Net income (loss)   $ 215,847     $ (483,137 )   $ (267,290 )
Stock options issued for services   $ 19,547     $ 75,451     $ 94,998  
Stock-based compensation   $ 399,092     $ 36,520     $ 435,612  
Changes in accounts receivable   $ (950,166 )   $ 55,255     $ (894,911 )
Changes in revenue share payable   $ 1,103,084     $ 93,891     $ 1,196,975  
Changes in deferred revenue   $ (45,000 )   $ 222,020     $ 177,020  

  

Period Ended September 30, 2013 (unaudited):

 

Balance Sheet   Previously stated     Adjustments     Restated  
                         
Revenue share payable   $ 782,902     $ 28,376     $ 811,278  
Deferred revenue   $ 13,272     $ 147,860     $ 161,132  
Additional paid in capital   $ 8,449,271     $ 148,477     $ 8,597,748  
Deferred stock compensation   $ (233,077 )   $ (54,780 )   $ (287,857 )
Accumulated deficit   $ (24,870,854 )   $ (270,207 )   $ (25,141,061 )
                         
Statement of Operations                        
Three Months ended September 30, 2013                        
Revenue   $ 1,373,029     $ (147,860 )   $ 1,225,169  
Revenue share expense   $ 529,134     $ 28,376     $ 557,510  
Operating expenses   $ 982,504     $ 93,971     $ 1,076,475  
Net income (loss)   $ (141,527 )   $ (270,207 )   $ (411,734 )
Nine Months ended September 30, 2013                        
Revenue   $ 3,146,406     $ (147,860 )   $ 2,998,546  
Revenue share expense   $ 1,264,059     $ 28,376     $ 1,292,435  
Operating expenses   $ 2,272,239     $ 93,971     $ 2,366,210  
Net income (loss)   $ (389,716 )   $ (270,207 )   $ (659,923 )
                         
Statement of Cash Flows                        
Net income (loss)   $ (389,716 )   $ (270,207 )   $ (659,923 )
Stock-based compensation   $ 310,823     $ 93,971     $ 404,794  
Changes in revenue share payable   $ 649,825     $ 28,376     $ 678,201  
Changes in deferred revenue   $ (35,980 )   $ 147,860     $ 111,880  

 

Period Ended March 31, 2014 (unaudited):

 

Three Months ended March 31, 2014
Balance Sheet   Previously stated     Adjustments     Restated  
                         
Revenue share payable   $ 797,725     $ 167,880     $ 965,605  
Deferred revenue   $ 168,714     $ 268,807     $ 437,521  
Additional paid in capital   $ 27,155,730     $ 148,477     $ 27,304,207  
Deferred stock compensation   $ (454,409 )   $ (18,260 )   $ (472,669 )
Accumulated deficit   $ (25,269,535 )   $ (591,917 )   $ (25,861,452 )
                         
Statement of Operations                        
                       
Revenue   $ 1,317,347     $ (27,919)     $ 1,289,428  
Revenue share expense   $ 498,810     $ 62,601     $ 561,411  
Operating expenses   $ 1,471,598     $ 18,260     $ 1,489,858  
Net income (loss)   $ (653,315 )   $ (108,780 )   $ (762,095 )
                         
Statement of Cash Flows                        
Net income (loss)   $ (653,315 )   $ (108,780 )   $ (762,095 )
Stock-based compensation   $ 361,957     $ 18,260     $ 380,217  
Changes in revenue share payable   $ (395,935 )   $ 62,601     $ (333,334 )
Changes in deferred revenue   $ 164,462     $ 27,919     $ 192,381  

 

Period Ended June 30, 2014 (unaudited):

 

Balance Sheet   Previously stated     Adjustments     Restated  
                         
Revenue share payable   $ 506,901     $ 366,088     $ 872,989  
Deferred revenue   $ 42,908     $ 258,270     $ 301,178  
Additional paid in capital   $ 27,304,112     $ 84,677     $ 27,388,789  
Accumulated deficit   $ (25,322,216 )   $ (738,674 )   $ 26,060,890 )
                         
Statement of Operations                        
Three Months ended June 30, 2014                        
Revenue   $ 1,454,214     $ (27,206 )   $ 1,427,008  
Revenue share expense   $ 540,048     $ 190,092     $ 730,140  
Operating expenses   $ 967,070     $ (70,541 )   $ 896,529  
Net income (loss)   $ (52,681 )   $ (146,757 )   $ (199,438 )
                         
Six Months ended June 30, 2014                        
Revenue   $ 2,771,560     $ (55,124 )   $ 2,716,436  
Revenue share expense   $ 1,038,858     $ 252,693     $ 1,291,551  
Operating expenses   $ 2,439,028     $ (52,281 )   $ 2,386,747  
Net income (loss)   $ (705,996 )   $ (255,537 )   $ (961,533 )
                         
Statement of Cash Flows                        
Net income (loss)   $ (705,996 )   $ (255,537 )   $ (961,533 )
Stock-based compensation   $ 654,634     $ (52,281 )   $ 602,353  
Changes in revenue share payable   $ (686,760 )   $ 252,693     $ (434,067 )
Changes in deferred revenue   $ 38,656     $ 55,124     $ 93,780  

 

Period Ended September 30, 2014(unaudited):

 

Balance Sheet   Previously stated     Adjustments     Restated  
                         
Revenue share payable   $ 853,410     $ 421,019     $ 1,274,429  
Deferred revenue   $ -0-     $ 118,949     $ 118,949  
Additional paid in capital   $ 28,398,825     $ 84,677     $ 28,483,502  
Accumulated deficit   $ (25,716,530 )   $ (638,903 )   $ (26,355,433 )
                         
                         
Statement of Operations                        
Three Months ended September 30, 2014                        
Revenue   $ 1,620,215     $ 199,206     $ 1,819,421  
Revenue share expense   $ 858,898     $ 99,435     $ 958,,333  
Operating expenses   $ 1,155,933     $ -0-     $ 1,155,933  
Net income (loss)   $ (394,314 )   $ 99,771     $ (294,543 )
                         
Nine Months ended September 30, 2014                        
Revenue   $ 4,391,775     $ 144,082     $ 4,535,857  
Revenue share expense   $ 1,897,757     $ 352,127     $ 2,249,884  
Operating expenses   $ 3,594,961     $ (52,280 )   $ 3,542,681  
Net income (loss)   $ (1,100,310 )   $ (155,766 )   $ (1,256,076 )
                         
Statement of Cash Flows                        
Net income (loss)   $ (1,100,310 )   $ (155,766 )   $ (1,256,076 )
Stock-based compensation   $ 1,118,952     $ (52,280 )   $ (1,066,672 )
Changes in revenue share payable   $ (340,251 )   $ 352,127     $ 11,876  
Changes in deferred revenue   $ (4,252 )   $ (144,082 )   $ (148,334 )