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Acquisition of Vertro (Details) (USD $) | Mar. 01, 2012
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Business Combinations [Abstract] |
Total consideration paid in common stock | $ 11,130,983
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 | (3,984,264)
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 | 3,120,320
Stock issuance costs | (687,678)
Net cash received in merger | $ 2,432,642

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