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Consolidated Balance Sheets (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 3,549,653 $ 1,713,479
Accounts receivable, (net of allowance for doubtful accounts of $508,950 and $429,509, respectively) 1,753,146 1,970,531
Deferred income tax asset - current 25,843 25,843
Other current assets 633,038 160,756
Total current assets 5,961,680 3,870,609
Furniture, equipment and improvements, net 222,508 297,577
Goodwill 1,056,873 1,056,873
Intangible assets (net of accumulated amortization of $1,273,527 and $582,871, respectively) 3,322,474 4,013,129
Other noncurrent assets 50,105 22,351
Total assets 10,613,640 9,260,539
Current liabilities:    
Accounts payable 413,333 267,637
Accrued expenses 1,060,055 1,553,334
Note payable (net of debt discount of $1,115,591 on September 30, 2014) 1,384,409 0
Deferred revenue 1,095,011 1,053,401
Total current liabilities 3,952,808 2,874,372
Note payable (net of debt discount of $2,053,091 on December 31, 2013) 0 446,909
Deferred tax liability 1,636,446 1,650,460
Other long-term liabilities 122,466 83,063
Total liabilities 5,711,720 5,054,804
Stockholders' equity:    
Preferred stock, $0.001 par value, 30,000,000 shares authorized, no shares issued and outstanding as of September 30, 2014 and December 31, 2013 0 0
Common stock $0.001 par value, 100,000,000 shares authorized, 2,070,559 and 2,006,689 shares issued and outstanding as of September 30, 2014 and December 31, 2013, respectively. 2,071 2,007
Additional paid-in capital 4,570,392 3,977,661
Other accumulated comprehensive loss (62,930) (59,065)
Retained earnings 392,387 285,132
Total stockholders' equity 4,901,920 4,205,735
Total liabilities and stockholders' equity $ 10,613,640 $ 9,260,539