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Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 17,443,113 $ 21,490,586
Accounts receivable, net 10,014,544 10,743,505
Prepaid and other assets 1,040,049 792,991
Total current assets 28,497,706 33,027,082
Furniture, fixtures and equipment, net of accumulated depreciation of $1,845,990 and $1,082,793, respectively 5,163,799 5,260,443
Intangible assets, net of accumulated amortization of $46,995,686 and $41,861,561, respectively 19,441,536 17,922,282
Deferred tax asset, net 17,662,768 16,814,737
Goodwill 54,824,648 54,824,648
Other assets 236,894 295,349
Total assets 125,827,351 128,144,541
Current liabilities:    
Current portion of debt 0 0
Accrued expenses and other liabilities 3,646,253 4,031,444
Deferred revenue 24,971,999 25,031,100
Total current liabilities 28,618,252 29,062,544
Other long-term liabilities 2,491,237 1,902,081
Total liabilities 31,109,489 30,964,625
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.02 par value per share, 101,000,000 shares authorized, 11,476,776 and 11,272,150 shares issued and outstanding, respectively 229,536 225,443
Additional paid in capital 109,050,093 107,668,599
Retained earnings (deficit) (14,561,767) (10,714,126)
Total stockholders' equity 94,717,862 97,179,916
Total liabilities and stockholders' equity $ 125,827,351 $ 128,144,541