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Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 5,953,257 $ 2,966,350
Accounts receivable, net of allowance of $18,411 and $78,724 as of December 31, 2015 and 2014, respectively 1,158,972 792,072
Inventory 74,732 115,021
Other current assets 178,362 108,884
Total current assets 7,365,323 $ 3,982,327
NOTE RECEIVABLE, net of current portion 150,496
PROPERTY AND EQUIPMENT, net 325,427 $ 346,915
GOODWILL 8,101,661 8,101,661
INTANGIBLE ASSETS, net 2,470,127 3,307,797
OTHER ASSETS 59,800 75,007
Total assets 18,472,834 15,813,707
CURRENT LIABILITIES:    
Accounts payable 260,276 45,193
Accrued expenses 536,316 915,809
Deferred revenue, current portion 909,233 1,141,069
Total current liabilities 1,705,825 2,102,071
OTHER LIABILITIES    
Deferred revenue, long-term portion 341,242 435,153
Deferred rent 99,355 128,446
Total liabilities $ 2,146,422 $ 2,665,670
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock - $.001 par value; 40,000,000 shares authorized; 9,878,906 and 4,934,601 shares issued and outstanding as of December 31, 2015 and 2014, respectively $ 9,879 $ 4,934
Additional paid-in capital 114,950,278 106,442,897
Accumulated deficit (98,633,745) (93,299,794)
Total stockholders' equity 16,326,412 13,148,037
Total liabilities and stockholders' equity $ 18,472,834 $ 15,813,707