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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 26,554,080 $ 28,657,956
Restricted cash and investments 212,268 212,268
Accounts receivable, net 6,682,411 13,741,169
Prepaid and other assets 817,413 670,339
Total current assets 34,266,172 43,281,732
Furniture, fixtures and equipment, net of accumulated depreciation of $2,650,939 and $2,449,985, respectively 2,487,368 804,427
Intangible assets, net of accumulated amortization of $41,550,241 and $38,738,292, respectively 16,986,371 15,686,954
Deferred tax asset, net 17,339,737 18,429,737
Goodwill 54,824,648 54,824,648
Other assets 327,504 171,728
Total assets 126,231,800 133,199,226
Current liabilities:    
Current portion of debt 0 0
Accrued expenses and other liabilities 3,870,282 5,898,226
Deferred revenue 20,845,309 25,291,499
Liabilities attributable to discontinued operations   145,737
Total current liabilities 24,715,591 31,335,462
Other long-term liabilities 583,764 284,316
Total liabilities 25,299,355 31,619,778
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.02 par value per share, 101,000,000 shares authorized, 11,326,326 and 11,256,405 shares issued and outstanding, respectively 226,526 225,128
Additional paid in capital 107,785,137 107,102,433
Retained earnings (deficit) (7,079,218) (5,748,113)
Total stockholders' equity 100,932,445 101,579,448
Total liabilities and stockholders' equity $ 126,231,800 $ 133,199,226