XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 459,311 $ 323,943
Accounts receivable, net 740,419 1,574,032
Due from factor 75,824 56,682
Inventory 980,908 998,829
Resalable software license rights 1,125,000 1,125,000
Prepaid expenses and other 175,144 150,811
Total current assets 3,556,606 4,229,297
Resalable software license rights, net of current portion 6,483,406 6,790,610
Equipment and leasehold improvements, net 152,707 148,608
Capitalized contract costs, net 299,398 319,199
Deposits and other assets 8,712 8,712
Operating lease right-of-use assets 568,073 0
Intangible assets, net 194,330 195,906
Total non-current assets 7,706,626 7,463,035
TOTAL ASSETS 11,263,232 11,692,332
LIABILITIES    
Accounts payable 472,629 481,269
Accounts payable – related party 133,174 0
Accrued liabilities 577,996 548,232
Deferred revenue 333,240 196,609
Operating lease liabilities, current portion 138,274 0
Total current liabilities 1,655,313 1,226,110
Operating lease liabilities, net of current portion 419,171 0
Total non-current liabilities 419,171 0
TOTAL LIABILITIES 2,074,484 1,226,110
Commitments 0 0
STOCKHOLDERS’ EQUITY    
Common stock — authorized, 170,000,000 shares; issued and outstanding; 13,991,688 and 13,977,868 of $.0001 par value at March 31, 2019 and December 31, 2018, respectively 1,399 1,398
Additional paid-in capital 86,125,173 85,599,140
Accumulated deficit (76,937,824) (75,134,316)
TOTAL STOCKHOLDERS’ EQUITY 9,188,748 10,466,222
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 11,263,232 $ 11,692,332