XML 16 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (USD $)
Mar. 31, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 1,862,951 $ 1,978,809
Accounts Receivable 50,881 4,226
Deferred income taxes 153,320 206,283
Other current assets 35,129 26,042
Total current assets 2,102,281 2,215,360
Property and equipment, net of accumulated depreciation of $13,390 and $11,608 147,533 149,315
Intangibles, net of accumulated amortization of $7,766 and $7,432 1,234 1,568
Deferred income taxes 2,741 2,214
Deposits 29,995 29,995
Total assets 2,283,784 2,398,452
Liabilities and Shareholder's Equity    
Deferred revenue 358,138 335,425
Income taxes payable 175,285 458,631
Allowance for refunds and chargebacks 8,291 7,202
Accrued expenses and other 83,610 173,587
Total current liabilities 625,324 974,845
Shareholder's equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, no shares issued or outstanding at Mach 31, 2012 and December 31, 2011      
Common stock, $0.001 par value, 50,000,000 shares authorized,13,841,500 shares issued and outstanding at March 31, 2012 and December 31, 2011 13,842 13,842
Additional paid in capital 306,952 276,924
Retained earnings 1,337,666 1,132,841
Total shareholder's equity 1,658,460 1,423,607
Total liabilities and shareholder's equity $ 2,283,784 $ 2,398,452