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Consolidated Balance Sheets (USD $)
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 21,318,869 $ 22,152,802
Restricted cash and investments 215,619 215,405
Accounts receivable, net 5,249,225 8,597,464
Prepaid and other assets 510,741 625,451
Assets attributable to discontinued operations 0 3,000,000
Total current assets 27,294,454 34,591,122
Furniture, fixtures and equipment, net of accumulated depreciation of $1,621,115 and $1,556,022, respectively 814,700 863,309
Intangible assets, net of accumulated amortization of $20,710,377 and $19,437,856, respectively 16,821,195 17,155,195
Deferred tax asset, net 3,814,420 3,685,420
Goodwill 54,824,648 54,824,648
Other assets 77,442 98,412
Total assets 103,646,859 111,218,106
Current liabilities:    
Current portion of Bank Loan 3,793,961 5,690,940
Accrued expenses and other liabilities 1,733,439 3,352,445
Liability for option cancellations 229,349 240,515
Deferred revenue 14,757,772 15,706,851
Liabilities attributable to discontinued operations 19,374,447 8,048,568
Total current liabilities 39,888,968 33,039,319
Other long-term liabilities 650,256 668,456
Total liabilities 40,539,224 33,707,775
Commitments and contingencies      
Stockholders' equity:    
Common stock, $0.02 par value per share, 101,000,000 shares authorized, 10,686,293 and 10,570,891 shares issued and outstanding, respectively 213,725 211,417
Additional paid in capital 100,481,208 100,677,336
Retained earnings (deficit) (37,587,298) (23,378,422)
Total stockholders' equity 63,107,635 77,510,331
Total liabilities and stockholders' equity $ 103,646,859 $ 111,218,106