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Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash $ 1,777,300 $ 1,557,100
Accounts receivable, net of allowance for doubtful accounts of $17,300 and $32,600, respectively 434,900 2,211,300
Prepaid expenses and other current assets 139,200 98,100
Total Current Assets 2,351,400 3,866,500
Capitalized software development costs, net 20,800 408,700
Property and equipment, net 252,500 362,500
Other assets 109,000 139,700
Total Assets 2,733,700 4,777,400
Current Liabilities:    
Accounts payable 385,200 204,600
Accrued expenses 69,600 116,200
Accrued wages 557,300 665,700
Severance liability 5,900 0
Deferred rent 21,000 44,500
Capital lease 8,400 7,700
Deferred revenue 2,467,000 2,859,300
Total Current Liabilities 3,514,400 3,898,000
Long Term Liabilities:    
Warrants liability 31,600 647,300
Deferred revenue 1,465,800 $ 1,652,600
Deposit liability 81,400
Capital lease 6,800 $ 15,200
Deferred rent 26,700 158,200
Total Liabilities $ 5,126,700 $ 6,371,300
Shareholders’ Equity (Deficit):    
Preferred stock, $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.0001 par value, 195,000,000 shares authorized, 9,731,233 and 7,502,815 shares issued and outstanding, respectively $ 14,600 $ 11,200
Additional paid-in capital 78,189,300 74,600,700
Accumulated deficit (80,596,900) (76,205,800)
Total Shareholders’ Deficit (2,393,000) (1,593,900)
Total Liabilities and Shareholders’ Deficit $ 2,733,700 $ 4,777,400