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Consolidated Balance Sheets - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 3,449,020 $ 1,721,343
Accounts receivable, (net of allowance for doubtful accounts of $443,324 and $460,564, respectively) 1,562,072 2,013,464
Deferred income tax asset - current 91,118 7,290
Other current assets 415,770 311,666
Total current assets 5,517,980 4,053,763
Fixed assets, net 415,184 145,384
Goodwill 2,241,872 2,241,872
Intangible assets (net of accumulated amortization of $2,008,802 and $1,517,366, respectively) 3,242,198 3,733,634
Other noncurrent assets 28,364 28,286
Total assets 11,445,598 10,202,939
Current liabilities:    
Accounts payable 344,536 255,615
Accrued expenses 1,149,932 1,105,122
Income Tax Payable 164,088 135,533
Note payable - related party (net of debt discount of $118,727 and $535,397, respectively) 1,547,945 1,131,276
Deferred revenue 995,892 877,120
Total current liabilities 4,202,393 3,504,666
Deferred tax liability 506,944 633,778
Other long-term liabilities 42,436 56,733
Total liabilities $ 4,751,773 $ 4,195,177
Commitments and contingencies    
Stockholders' equity:    
Preferred stock, $0.001 par value, 30,000,000 shares authorized, no shares issued and outstanding as of June 30, 2015 and December 31, 2014 $ 0 $ 0
Common stock $0.001 par value,100,000,000 shares authorized, 2,330,832 and 2,316,743 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively 2,331 2,317
Additional paid-in capital 6,108,448 5,725,470
Accumulated other comprehensive loss (45,905) (47,283)
Retained earnings 628,951 327,258
Total stockholders' equity 6,693,825 6,007,762
Total liabilities and stockholders' equity $ 11,445,598 $ 10,202,939