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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash $ 3,923,517 $ 3,946,804
Accounts receivable, net of allowance for doubtful accounts of $23,000. 7,138,288 7,586,129
Prepaid expenses and other current assets 341,978 293,113
Total current assets 11,403,783 11,826,046
Property and equipment, net 1,554,099 1,615,223
Other assets    
Goodwill 9,773,842 5,760,808
Intangible assets, net of accumulated amortization 12,116,278 8,343,876
Other assets 86,507 15,186
Total other assets 21,976,627 14,119,870
Total assets 34,934,509 27,561,139
Current liabilities    
Accounts payable 10,016,747 9,280,779
Accrued expenses and other current liabilities 2,633,628 2,689,640
Revolving credit line - current portion 1,100,000 0
Total current liabilities 13,750,375 11,970,419
Long-term liabilities    
Deferred tax liability 3,738,500  
Deferred tax liability   3,738,500
Revolving credit line - long term 2,500,000 0
Other long-term liabilities 361,317 326,428
Total long-term liabilities 6,599,817 4,064,928
Preferred stock:    
Preferred stock, $.001 par value: Authorized shares 500,000, none issued and outstanding 0 0
Common stock:    
Common stock, $.001 par value: Authorized shares 40,000,000; issued shares 28,901,161 and 25,300,189, respectively; outstanding shares 28,524,634 and 24,923,662, respectively 28,901 25,300
Additional paid-in capital 135,166,391 130,418,413
Accumulated deficit (119,214,416) (117,521,362)
Treasury stock, at cost - 376,527 shares (1,396,559) (1,396,559)
Total stockholders' equity 14,584,317 11,525,792
Total liabilities and stockholders' equity $ 34,934,509 $ 27,561,139