XML 23 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 6,557,084 $ 11,325,572
Short-term marketable securities 4,635,482
Receivables, net of allowance of $68,000 and $94,000 at September 30, 2015 and June 30, 2015, respectively 1,799,288 $ 1,640,591
Prepaid expense and other current assets 467,153 463,427
Total current assets 13,459,007 13,429,590
Property and equipment, net 686,780 764,442
Other assets:    
Deposits and other assets 14,866 14,866
Customer relationships 1,281,150 1,314,000
Goodwill 20,883,886 20,883,886
Total other assets 22,179,902 22,212,752
Total assets 36,325,689 36,406,784
Current liabilities:    
Accounts payable 995,624 817,119
Accrued liabilities 1,942,502 2,521,111
Deferred revenue 2,232,863 2,331,920
Line of credit 2,500,000 2,500,000
Note payable 229,731 227,301
Total current liabilities 7,900,720 8,397,451
Long-term liabilities:    
Notes payable, less current portion 290,868 349,192
Other long-term liabilities 72,851 75,518
Total liabilities 8,264,439 8,822,161
Stockholders' equity:    
Common stock, $0.01 par value, 50,000,000 shares authorized; 19,095,137 and 18,875,586 issued and outstanding at September 30, 2015 and June 30, 2015, respectively 190,954 188,759
Additional paid-in capital 71,381,162 $ 70,296,496
Accumulated other comprehensive loss (3,554)
Accumulated deficit (43,514,308) $ (42,907,628)
Total stockholders' equity 28,061,250 27,584,623
Total liabilities and stockholders' equity 36,325,689 36,406,784
Series B Preferred Stock [Member]    
Stockholders' equity:    
Preferred Stock: Series B Preferred stock, $0.01 par value, 700,000 shares authorized; 625,375 and 625,375 shares issued and outstanding at September 30, 2015 and June 30, 2015, respectively; Series B-1 Preferred stock, $0.01 par value, 300,000 shares authorized; 74,200 and 74,200 shares issued and outstanding at September 30, 2015 and June 30, 2015, respectively 6,254 6,254
Series B1 Preferred Stock [Member]    
Stockholders' equity:    
Preferred Stock: Series B Preferred stock, $0.01 par value, 700,000 shares authorized; 625,375 and 625,375 shares issued and outstanding at September 30, 2015 and June 30, 2015, respectively; Series B-1 Preferred stock, $0.01 par value, 300,000 shares authorized; 74,200 and 74,200 shares issued and outstanding at September 30, 2015 and June 30, 2015, respectively $ 742 $ 742