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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 21,490,586 $ 28,657,956
Restricted cash and investments 0 212,268
Accounts receivable, net 10,743,505 13,741,169
Prepaid and other assets 792,991 670,339
Total current assets 33,027,082 43,281,732
Furniture, fixtures and equipment, net of accumulated depreciation of $1,082,793 and $2,449,985, respectively 5,260,443 804,427
Intangible assets, net of accumulated amortization of $41,861,561 and $38,738,292, respectively 17,922,282 15,686,954
Deferred tax asset, net 16,814,737 18,429,737
Goodwill 54,824,648 54,824,648
Other assets 295,349 171,728
Total assets 128,144,541 133,199,226
Current liabilities:    
Current portion of debt 0 0
Accrued expenses and other liabilities 4,031,444 5,898,226
Deferred revenue 25,031,100 25,291,499
Liabilities attributable to discontinued operations 0 145,737
Total current liabilities 29,062,544 31,335,462
Other long-term liabilities 1,902,081 284,316
Total liabilities 30,964,625 31,619,778
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.02 par value per share, 101,000,000 shares authorized, 11,272,150 and 11,256,405 issued and outstanding, respectively 225,443 225,128
Additional paid in capital 107,668,599 107,102,433
Retained earnings (deficit) (10,714,126) (5,748,113)
Total stockholders' equity 97,179,916 101,579,448
Total liabilities and stockholders' equity $ 128,144,541 $ 133,199,226