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Restatement (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2015

Dec. 31, 2014

Restatement [Abstract]

Schedule of restatement

Three months ended June 30, 2014								Previously
Financial Statement		Line Item		Corrected				Stated
Income statement		Revenue			1,426,808				1,454,214
Income statement		Cost of Sales		$	730,140			$	540,048
Income statement		Operating expenses			896,529				967,070
Income statement		Loss from operations		$	(199,861	)		$	(52,904	)
Income statement		Loss before income taxes		$	(199,638	)		$	(52,681	)
Income statement		Net loss		$	(199,638	)		$	(52,681	)

Six months ended June 30, 2014								Previously
Financial Statement		Line Item		Corrected				Stated
Income statement		Revenue			2,716,236				2,771,560
Income statement		Cost of Sales		$	1,291,551			$	1,038,858
Income statement		Operating expenses			2,386,747				2,439,028
Income statement		Loss from operations		$	(962,062	)		$	(706,326	)
Income statement		Loss before income taxes		$	(961,733	)		$	(705,996	)
Income statement		Net loss		$	(961,733	)		$	(705,996	)
Statement of cash flows		Net loss		$	(961,733	)		$	(705,996	)
Statement of cash flows		Stock and options issued for services		$	627,344			$	654,634
Statement of cash flows		Increase in accounts payable		$	203,714			$	173,889
Statement of cash flows		Decrease in revenue share payable		$	(311,776	)		$	(686,760	)
Statement of cash flows		Increase in deferred revenue		$	19,651			$	38,656

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	)

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- References

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- Definition

Tabular disclosure of the nature and effects of a restatement to correct an error in the reported results of operations of prior periods. When prior period adjustments are recorded, the resulting effects (both gross and net of applicable income tax) on the net income of prior periods are disclosed in the annual report for the year in which the adjustments are made, and amended filings of previously issued reports are typically issued.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 250



-SubTopic 10



-Section 50



-Paragraph 7



-URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22644-107794



Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 250



-SubTopic 10



-Section 50



-Paragraph 8



-URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22658-107794



Reference 3: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 250



-SubTopic 10



-Section 50



-Paragraph 9



-URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22663-107794

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