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CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 1,721,894 $ 3,612,153
Accounts receivable, net of allowance for doubtful accounts of $61,992 in 2015 and $95,525 in 2014 5,453,164 4,078,133
Prepaid expenses and other current assets 1,286,774 689,995
Income tax receivable 435,195 1,819,743
Deferred tax assets 601,667 376,529
Total Current Assets 9,498,694 10,576,553
Fixed Assets, net of accumulated amortization and depreciation of $6,537,560 in 2015 and $5,788,551 in 2014 13,070,787 12,740,131
Other assets 758,968 761,025
Total Assets 23,328,449 24,077,709
Current Liabilities:    
Accounts payable 635,444 845,071
Accrued expenses 1,399,705 1,351,333
Current portion of long-term debt 1,619,633 1,399,925
Total Current Liabilities 3,654,782 3,596,329
Long-term debt 4,677,045 4,848,158
Deferred tax liabilities, long-term 2,796,666 2,796,666
Total Liabilities $ 11,128,493 $ 11,241,153
Commitments and Contingencies (Notes 6 and 7)
Shareholders' Equity:    
Preferred-stock, $0.005 par value, 872,521 shares authorized, no shares issued or outstanding $ 0 $ 0
Common stock, $0.005 par value; 50,000,000 shares authorized 6,090,671 shares issued in 2015 and 6,043,191 shares issued in 2014 30,453 30,216
Additional paid-in capital 29,919,589 29,454,023
Accumulated deficit (7,668,297) (6,565,894)
Less - Treasury stock, at cost, 668,130 shares (10,081,789) (10,081,789)
Total Shareholders' Equity 12,199,956 12,836,556
Total Liabilities and Shareholders' Equity $ 23,328,449 $ 24,077,709