XML 16 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 1,593,409 $ 1,394,148
Accounts receivable, net of allowance of $4,884 and $4,884 as of June 30, 2012 and December 31, 2011, respectively 3,704,024 3,058,788
Inventory 36,097 11,894
Other current assets 132,813 108,770
Total current assets 5,466,343 4,573,600
PROPERTY AND EQUIPMENT, net 407,716 439,736
GOODWILL 12,308,661 12,308,661
INTANGIBLE ASSETS, net 5,088,133 5,551,149
OTHER ASSETS 70,666 72,006
Total assets 23,341,519 22,945,152
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 628,833 221,019
Accrued expenses 701,431 675,907
Deferred revenue, current portion 1,504,821 1,692,881
Total current liabilities 2,835,085 2,589,807
OTHER LIABILITIES    
Deferred revenue, long-term portion 430,090 405,190
Deferred rent 191,583 194,759
Total liabilities 3,456,758 3,189,756
STOCKHOLDERS' EQUITY:    
Common stock - $.001 par value; 40,000,000 shares authorized; 27,488,792 and 27,462,504 shares issued and outstanding, respectively 27,488 27,462
Additional paid-in capital 100,752,498 100,699,156
Accumulated deficit (80,895,225) (80,971,222)
Total stockholders' equity 19,884,761 19,755,396
Total liabilities and stockholders' equity $ 23,341,519 $ 22,945,152