Acquisition (Tables)

9 Months Ended

Sep. 30, 2015

Sharp Spring LLC [Member]

Business Acquisition [Line Items]

Schedule of Components of Initial Purchase Price consideration

The following table presents the components of the initial purchase price consideration:

Cash consideration	$	5,000,000
Earn out liability		6,963,000
Liabilities assumed		149,841
Total purchase price	$	12,112,841

Schedule of Initial Allocation of Purchase Price to Acquired Net Tangible and Intangible Assets Acquired and Liabilities Assumed

The following represents the initial allocation of the purchase price to the acquired net tangible and intangible assets acquired and liabilities assumed of SharpSpring:

Total purchase price	$	12,112,841
Less:
Net tangible assets acquired		(135,614	)
Intangible assets acquired:
Trade Name		(120,000	)
Developed Technologies		(2,130,000	)
Customer Relationships		(1,320,000	)
Total intangible assets		(3,570,000	)
Goodwill	$	8,407,227

Graphic Mail [Member]

Business Acquisition [Line Items]

Schedule of Components of Initial Purchase Price consideration

The following table presents the components of the initial purchase price consideration:

Cash consideration	$	2,636,830
Stock consideration		2,684,138
Earn out liability		36,000
Liabilities assumed		663,704
Total purchase price	$	6,020,672

Schedule of Initial Allocation of Purchase Price to Acquired Net Tangible and Intangible Assets Acquired and Liabilities Assumed

The following represents the initial allocation of the purchase price to the acquired net tangible and intangible assets acquired and liabilities assumed of GraphicMail. These amounts are provisional and subject to finalization in future accounting periods.

Total purchase price	$	6,020,672
Less:
Net tangible assets acquired		(730,276	)
Net intangible assets acquired		(4,779,000	)
Goodwill	$	511,396