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14. Merger with Vertro, Inc. (Tables) | 9 Months Ended
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Sep. 30, 2012
Notes to Financial Statements |
Schedule of Net Assets and Liabilities | The following summarizes the net assets received and liabilities assumed in the merger with Vertro:
Total consideration paid in common stock |  | $ | 11,442,196 |
Fair value of assets acquired: |  |  |  |
Accounts receivable, net |  |  | (2,093,845 | )
Other current assets |  |  | (520,342 | )
Property and equipment |  |  | (2,059,729 | )
Other assets |  |  | (283,911 | )
Goodwill |  |  | (4,234,371 | )
Intangible assets |  |  | (11,857,537 | )
Fair value of liabilities assumed: |  |  |  |
Accounts payable |  |  | 3,753,613 |
Outstanding balance on credit facility |  |  | 1,000,000 |
Accrued expenses |  |  | 2,782,361 |
Deferred tax liability |  |  | 4,543,000 |
Other long-term liabilities |  |  | 709,991 |
Cash received in merger |  | $ | 3,181426 |
Stock issuance costs |  |  | (710,671 | )
Net cash received in merger |  | $ | 2,470,755 |

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