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Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 15,026,068 $ 45,161,403
Short term investments 21,287,064  
Trade accounts receivable 8,418,132 5,154,996
Inventory 741,557 146,815
Prepaid expenses and other current assets 609,786 349,550
Total current assets 46,082,607 50,812,764
Property and equipment, net 1,036,860 807,086
Goodwill 3,700,447 1,249,956
Customer relationships, net 4,075,918 2,822,918
Intangible assets, net 1,052,333 286,719
Other assets 349,743 84,060
Total assets 56,297,908 56,063,503
Current liabilities:    
Accounts payable 3,969,083 3,949,005
Accrued bonus 2,224,517 1,748,551
Accrued liabilities 1,121,833 1,072,242
Deferred purchase price 1,000,000 1,000,000
Current portion of long-term notes payable 1,333,333 1,388,563
Current portion of deferred rent obligation under operating lease 81,332 81,332
Total current liabilities 9,730,098 9,239,693
Long-term notes payable   1,333,333
Deferred tax liability 7,971 6,166
Deferred rent obligation under operating lease 334,860 451,909
Total liabilities 10,072,929 11,031,101
Stockholders’ equity:    
Common shares, par value $0.0001, 200,000,000 shares authorized at December 31, 2017 and December 31, 2016; 9,616,992 and 9,275,062 shares issued at December 31, 2017 and December 31, 2016, respectively; 9,481,992 and 9,275,062 shares outstanding at December 31, 2017 and December 31, 2016, respectively 961 928
Additional paid in capital 89,907,766 88,582,470
Treasury stock, at cost: 135,000 shares and no shares at December 31, 2017 and December 31, 2016, respectively (1,257,100)  
Accumulated other comprehensive loss (16,907)  
Accumulated deficit (42,409,741) (43,550,996)
Total stockholders’ equity 46,224,979 45,032,402
Commitments and contingencies (note 12)
Total liabilities and stockholders’ equity $ 56,297,908 $ 56,063,503