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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ (4,325,716) $ 276,712
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization $ 1,283,865 117,236
Excess tax benefits from share-based payment arrangements (84,264)
Non-cash stock compensation $ 656,963 453,320
Allowance for refunds and chargebacks $ (166)
Non-cash earn out liability adjustment $ 2,641,957
Unrealized foreign currency losses 43,069
Deferred income taxes 5,654 $ (167,745)
(Gain)/loss on disposal of property and equipment 2,491 10,172
Changes in operating assets and liabilities:    
Accounts receivable (240,717) (34,912)
Other assets (99,082) (30,337)
Income taxes receivable and payable (1,299,703) (513,462)
Accounts payable, accruals and other current liabilities 97,284 225,382
Deferred revenue (146,664) 89,114
Net cash (used in) provided by operating activities $ (1,380,599) 341,050
Cash flows from investing activities    
Acquisition of business, net of cash acquired (4,926,317)
Purchases of property and equipment $ (432,009) (50,788)
Proceeds from the sale of property and equipment 5,130
Net cash used in investing activities $ (432,009) $ (4,971,975)
Cash flows provided by financing activities:    
Payment to reduce earn out liability $ (2,000,000)
Dividends to shareholders $ (1,806,095)
Proceeds from exercise of stock options $ 141,441  
Proceeds from issuance of common stock $ 5,332,023 10,507,801
Excess tax benefits from share-based payment arrangements 73,301
Net cash provided by financing activities $ 3,473,464 $ 8,775,007
Effect of exchange rate on cash (6,290)
Change in cash and cash equivalents 1,654,566 $ 4,144,082
Cash and cash equivalents, beginning of period 2,825,520 1,731,243
Cash and cash equivalents, end of period 4,480,086 5,875,325
Supplemental information on consolidated statements of cash flows:    
Cash paid for income taxes 97,598 $ 803,500
Noncash investing and financing activity:    
Settlement of earn out liability with common stock $ 3,000,000