XML 31 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 4,480,086 $ 2,825,520
Accounts receivable 622,845 393,922
Deferred income taxes 240,622 240,648
Income taxes receivable 1,625,736 328,807
Other current assets 336,274 197,719
Total current assets 7,305,563 3,986,616
Property and equipment, net 562,182 281,555
Goodwill 8,893,508 8,901,106
Other intangible assets, net 6,688,826 7,895,238
Deferred income taxes 612,941 612,941
Deposits and other 21,809 30,172
Total assets 24,084,829 21,707,628
Current liabilities:    
Accounts payable 469,460 397,262
Accrued expenses and other current liabilities 361,341 355,796
Deferred revenue 867,112 $ 1,006,031
Earn out liabilities 5,291,544
Income taxes payable 12,212 $ 14,622
Deferred income taxes 7,658 2,119
Total current liabilities $ 7,009,327 1,775,830
Earn out liabilities 7,679,311
Total liabilities $ 7,009,327 9,455,141
Shareholders' equity:    
Common stock, $0.001 par value, 50,000,000 shares authorized, 7,222,079 and 5,447,528 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively 7,221 5,447
Additional paid in capital 22,370,144 13,248,992
Accumulated deficit (5,149,909) (824,185)
Accumulated other comprehensive loss (151,954) (177,767)
Total shareholders' equity 17,075,502 12,252,487
Total liabilities and shareholders' equity $ 24,084,829 $ 21,707,628