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ACCOUNTS RECEIVABLE
12 Months Ended
Dec. 31, 2012
Receivables [Abstract]  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
3. ACCOUNTS RECEIVABLE

 

Accounts receivable represent amounts due from the Company’s customers and are presented net of allowance for doubtful accounts. These balances include revenue recognized in advance of customer billings but do not include unbilled contractual commitments executed under license agreements. The components of accounts receivable, net are as follows:

 

    2012     2011  
Accounts receivable - billed   $ 774,726     $ 2,615,923  
Accounts receivable - unbilled     96,634       447,749  
Less: Allowance for doubtful accounts     (1,613 )     (4,884 )
Accounts receivable, net   $ 869,747     $ 3,058,788