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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 288,721 $ 1,061,307
Accounts receivable, net 2,875,946 1,563,246
Due from factor 109,865 53,638
Inventory 946,847 465,428
Resalable software license rights 2,640,000 1,560,000
Prepaid expenses and other 152,654 206,677
Total current assets 7,014,033 4,910,296
Resalable software license rights, net of current portion 7,933,808 10,598,411
Accounts receivable, net of current portion 760,000 1,570,000
Equipment and leasehold improvements, net 181,165 67,814
Deposits and other assets 8,712 8,712
Intangible assets, net 181,104 134,132
Total non-current assets 9,064,789 12,379,069
TOTAL ASSETS 16,078,822 17,289,365
LIABILITIES    
Accounts payable 499,230 466,842
Accrued liabilities 688,023 335,323
Dividends payable on preferred stock 630,408 401,250
Deferred revenue 507,866 633,062
Total current liabilities 2,325,527 1,836,477
TOTAL LIABILITIES 2,325,527 1,836,477
Commitments and Contingencies
STOCKHOLDERS’ EQUITY    
Common stock — authorized, 170,000,000 shares; issued and outstanding; 7,691,324 and 6,093,843 of $.0001 par value at December 31, 2017 and December 31, 2016, respectively 769 609
Additional paid-in capital 80,829,001 78,253,413
Accumulated deficit (67,076,492) (62,801,154)
TOTAL STOCKHOLDERS’ EQUITY 13,753,295 15,452,888
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 16,078,822 17,289,365
Series A-1 Convertible Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY    
Preferred stock 6 9
TOTAL STOCKHOLDERS’ EQUITY 6 9
Series B-1 Convertible Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY    
Preferred stock 11 11
TOTAL STOCKHOLDERS’ EQUITY $ 11 $ 11