XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 304,006 $ 288,721
Accounts receivable, net 491,651 2,875,946
Due from factor 27,663 109,865
Inventory 930,478 946,847
Resalable software license rights 2,820,000 2,640,000
Prepaid expenses and other 156,695 152,654
Total current assets 4,730,493 7,014,033
Resalable software license rights, net of current portion 6,425,706 7,933,808
Accounts receivable, net of current portion 720,000 760,000
Equipment and leasehold improvements, net 189,360 181,165
Capitalized contract costs, net 341,622
Deposits and other assets 8,712 8,712
Intangible assets, net 187,826 181,104
Total non-current assets 7,873,226 9,064,789
TOTAL ASSETS 12,603,719 16,078,822
LIABILITIES    
Accounts payable 330,431 499,230
Accrued liabilities 484,578 688,023
Dividends payable 630,408
Deferred revenue 328,183 507,866
Total current liabilities 1,143,192 2,325,527
TOTAL LIABILITIES 1,143,192 2,325,527
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Common stock: authorized, 170,000,000 shares; issued and outstanding; 12,587,997 and 7,691,324 of $.0001 par value at June 30, 2018 and December 31, 2017, respectively 1,259 769
Additional paid-in capital 82,143,199 80,829,001
Accumulated deficit (70,683,931) (67,076,492)
TOTAL STOCKHOLDERS’ EQUITY 11,460,527 13,753,295
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 12,603,719 16,078,822
Series A-1 Convertible Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY    
Preferred stock 6
Series B-1 Convertible Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY    
Preferred stock $ 11