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Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 25,160,643 $ 28,657,956
Restricted cash and investments 212,268 212,268
Accounts receivable, net 7,117,259 13,741,169
Prepaid and other assets 1,142,216 670,339
Total current assets 33,632,386 43,281,732
Furniture, fixtures and equipment, net of accumulated depreciation of $2,801,758 and $2,449,985, respectively 2,891,722 804,427
Intangible assets, net of accumulated amortization of $43,048,635 and $38,738,292, respectively 17,594,474 15,686,954
Deferred tax asset, net 17,001,737 18,429,737
Goodwill 54,824,648 54,824,648
Other assets 312,459 171,728
Total assets 126,257,426 133,199,226
Current liabilities:    
Current portion of debt 0 0
Accrued expenses and other liabilities 3,320,998 5,898,226
Deferred revenue 22,094,152 25,291,499
Liabilities attributable to discontinued operations 0 145,737
Total current liabilities 25,415,150 31,335,462
Other long-term liabilities 1,216,001 284,316
Total liabilities 26,631,151 31,619,778
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.02 par value per share, 101,000,000 shares authorized, 11,308,199 and 11,256,405 shares issued and outstanding, respectively 226,164 225,128
Additional paid in capital 107,950,972 107,102,433
Retained earnings (deficit) (8,550,861) (5,748,113)
Total stockholders' equity 99,626,275 101,579,448
Total liabilities and stockholders' equity $ 126,257,426 $ 133,199,226