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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 2,068,999 $ 2,122,297
Accounts receivable, less allowance for doubtful accounts of $751,352 and $929,339 as of September 30, 2019 and December 31, 2018, respectively 14,237,314 16,711,809
Prepaid expenses and other current assets 1,238,665 965,755
Total current assets 17,544,978 19,799,861
Goodwill 58,208,490 58,208,490
Intangible assets, net 1,853,279 2,610,921
Property and equipment, net, and other assets 2,687,629 968,025
Total assets 80,294,376 81,587,297
Current liabilities:    
Accounts payable and accrued liabilities 13,514,157 15,777,921
Deferred revenue and other current liabilities 15,516 71,717
Total current liabilities 13,529,673 15,849,638
Revolving credit facility, net 4,228,255 5,194,588
Other long-term liabilities 1,295,004 353
Total liabilities 19,052,932 21,044,579
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued or outstanding as of September 30, 2019 and December 31, 2018
Common stock, $0.001 par value, 200,000,000 shares authorized,15,350,153 and 15,328,870 shares issued and outstanding as of September 30, 2019 and December 31, 2018 15,350 15,329
Additional paid-in capital 160,489,898 159,701,542
Accumulated deficit (99,263,804) (99,174,153)
Total stockholders’ equity 61,241,444 60,542,718
Total liabilities and stockholders’ equity $ 80,294,376 $ 81,587,297