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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash $ 4,433,537 $ 4,257,204
Accounts receivable, net of allowance for doubtful accounts of $16,736 and $17,200, respectively 5,065,091 7,001,337
Unbilled revenue 8,727 16,154
Prepaid expenses and other current assets 280,619 345,752
Total current assets 9,787,974 11,620,447
Property and equipment, net 1,854,313 1,805,561
Other assets    
Goodwill 5,760,808 5,760,808
Intangible assets, net of accumulated amortization 9,086,657 9,320,951
Other assets 218,745 224,759
Total other assets 15,066,210 15,306,518
Total assets 26,708,497 28,732,526
Current liabilities    
Accounts payable 7,664,096 10,080,315
Accrued expenses and other current liabilities 2,860,740 3,169,445
Total current liabilities 10,524,836 13,249,760
Long-term liabilities    
Deferred tax liability 3,799,600 3,799,600
Other long-term liabilities 701,957 722,722
Total long-term liabilities 4,501,557 4,522,322
Preferred stock, $.001 par value:    
Preferred stock, $.001 par value: Authorized shares 500,000, none issued and outstanding 0 0
Common stock, $.001 par value:    
Common stock, $.001 par value: Authorized shares 40,000,000; issued shares 24,823,798 and 24,752,408, respectively; outstanding shares 24,447,271 and 24,375,881, respectively 24,823 24,752
Additional paid-in capital 129,428,346 129,081,029
Accumulated deficit (116,374,506) (116,748,778)
Treasury stock, at cost - 376,527 shares (1,396,559) (1,396,559)
Total stockholders' equity 11,682,104 10,960,444
Total liabilities and stockholders' equity $ 26,708,497 $ 28,732,526