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Consolidated Balance Sheets - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 28,910,705 $ 28,657,956
Restricted cash and investments 212,268 212,268
Accounts receivable, net 7,107,240 13,741,169
Prepaid and other assets 1,114,240 670,339
Total current assets 37,344,453 43,281,732
Furniture, fixtures and equipment, net of accumulated depreciation of $2,533,158 and $2,449,985, respectively 1,529,107 804,427
Intangible assets, net of accumulated amortization of $40,116,778 and $38,738,292, respectively 16,297,789 15,686,954
Deferred tax asset, net 17,689,737 18,429,737
Goodwill 54,824,648 54,824,648
Other assets 342,550 171,728
Total assets 128,028,284 133,199,226
Current liabilities:    
Current portion of debt 0 0
Accrued expenses and other liabilities 4,197,652 5,898,226
Deferred revenue 22,268,396 25,291,499
Liabilities attributable to discontinued operations   145,737
Total current liabilities 26,466,048 31,335,462
Other long-term liabilities 279,799 284,316
Total liabilities $ 26,745,847 $ 31,619,778
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.02 par value per share, 101,000,000 shares authorized, 11,316,326 and 11,256,405 shares issued and outstanding, respectively $ 226,326 $ 225,128
Additional paid in capital 107,136,520 107,102,433
Retained earnings (deficit) (6,080,409) (5,748,113)
Total stockholders' equity 101,282,437 101,579,448
Total liabilities and stockholders' equity $ 128,028,284 $ 133,199,226