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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash $ 4,257,204 $ 3,714,525
Accounts receivable, net of allowance for doubtful accounts of $17,200 and $86,722, respectively 7,001,337 5,106,300
Unbilled revenue 16,154 23,541
Prepaid expenses and other current assets 345,752 299,873
Total current assets 11,620,447 9,144,239
Property and equipment, net 1,805,561 959,475
Other assets    
Goodwill 5,760,808 5,760,808
Intangible assets, net of accumulated amortization 9,320,951 9,530,322
Other assets 224,759 211,833
Total other assets 15,306,518 15,502,963
Total assets 28,732,526 25,606,677
Current liabilities    
Accounts payable 10,080,315 5,714,158
Accrued expenses and other current liabilities 3,169,445 3,704,464
Term and credit notes payable - current portion 0 959,942
Total current liabilities 13,249,760 10,378,564
Long-term liabilities    
Deferred tax liability 3,799,600 3,552,500
Term and credit notes payable - long term 0 2,666,667
Other long-term liabilities 722,722 735,211
Total long-term liabilities 4,522,322 6,954,378
Stockholders’ equity    
Preferred stock, $.001 par value: Authorized shares - 500,000 - none issued and outstanding 0 0
Common stock, $.001 par value: Authorized shares - 40,000,000, issued shares 24,752,408 and 24,087,627, respectively Outstanding shares - 24,375,881 and 23,711,100, respectively 24,752 24,087
Additional paid-in capital 129,081,029 128,734,759
Accumulated deficit (116,748,778) (119,088,552)
Treasury stock, at cost - 376,527 shares (1,396,559) (1,396,559)
Total stockholders' equity 10,960,444 8,273,735
Total liabilities and stockholders' equity $ 28,732,526 $ 25,606,677