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Note 4: Balance Sheet Information (Tables) | 12 Months Ended
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Sep. 30, 2012
Note 4 Balance Sheet Information Tables |
Balance sheet information | Balance sheet information is as follows:
|  | September 30, |
|  | 2012 |  |  | 2011 |
Receivables, current, net: |  |  |  |  |  |  |  |
Accounts receivable, current |  | $ | 1,863,067 |  |  | $ | 2,080,747 |
Less: Allowance for doubtful accounts |  |  | (1,423,219) |  |  |  | (1,425,891) |
|  | $ | 439,848 |  |  | $ | 654,856 |
Receivables, long term, net: |  |  |  |  |  |  |  |
Accounts receivable, long term |  | $ | 510,587 |  |  | $ | 569,178 |
Less: Allowance for doubtful accounts |  |  | (136,017) |  |  |  | (197,740) |
|  | $ | 374,570 |  |  | $ | 371,438 |
Total receivables, net: |  |  |  |  |  |  |  |
Gross receivables |  | $ | 2,373,654 |  |  | $ | 2,649,925 |
Less: Allowance for doubtful accounts |  |  | (1,559,236) |  |  |  | (1,623,631) |
|  | $ | 814,418 |  |  | $ | 1,026,294 |
Components of allowance for doubtful accounts | Components of allowance for doubtful accounts are as follows:
|  | September 30, |
|  | 2012 |  |  | 2011 |
Allowance for dilution and fees on amounts due from billing aggregators |  | $ | 1,525,126 |  |  | $ | 1,477,769 |
Allowance for customer refunds |  |  | 34,111 |  |  |  | 145,862 |
|  | $ | 1,559,237 |  |  | $ | 1,623,631 |
Property and equipment, net |
|  | September 30, |
|  | 2012 |  |  | 2011 |
Property and equipment, net: |  |  |  |  |  |  |  |
Leasehold improvements |  | $ | – |  |  | $ | 201,476 |
Furnishings and fixtures |  |  | 94,511 |  |  |  | 233,577 |
Office, computer equipment and other |  |  | 361,685 |  |  |  | 426,931 |
|  |  | 456,196 |  |  |  | 861,984 |
Less: Accumulated depreciation |  |  | (405,670 | ) |  |  | (690,783 | )
|  | $ | 50,526 |  |  | $ | 171,201 |
Intangible assets, net |
|  | September 30, |
|  | 2012 |  |  | 2011 |
Intangible assets, net: |  |  |  |  |  |  |  |
Domain name and marketing related intangibles |  | $ | 1,511,650 |  |  | $ | 1,509,600 |
Website and technology related intangibles |  |  | 1,252,304 |  |  |  | 351,941 |
|  |  | 2,763,954 |  |  |  | 1,861,541 |
Less: Accumulated amortization |  |  | (766,283 | ) |  |  | (639,207 | )
|  | $ | 1,997,671 |  |  | $ | 1,222,334 |
Accrued liabilities |
|  | September 30, |
|  | 2012 |  |  | 2011 |
Accrued liabilities: |  |  |  |  |  |  |  |
Deferred revenue |  | $ | 2,310 |  |  | $ | 14,553 |
Accrued payroll and bonuses |  |  | 28,968 |  |  |  | 63,043 |
Accruals under revenue sharing agreements |  |  | 67,601 |  |  |  | 86,550 |
Accrued expenses - other |  |  | 311,225 |  |  |  | 260,449 |
|  | $ | 410,104 |  |  | $ | 424,595 |

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