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Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 4,215,145 $ 1,721,343
Accounts receivable (net of allowance for doubtful accounts of $396,884 and $460,564, respectively) 1,253,628 2,013,464
Deferred income tax asset - current 0 7,290
Other current assets 252,468 311,666
Total current assets 5,721,241 4,053,763
Capitalized software, net 723,962 0
Fixed assets, net 175,497 145,384
Deferred income tax asset - noncurrent 97,974 0
Other long-term assets 18,301 28,286
Goodwill 2,241,872 2,241,872
Intangible assets (net of accumulated amortization of $2,512,704 and $1,517,366, respectively) 2,191,296 3,733,634
Total assets 11,170,143 10,202,939
Current liabilities:    
Accounts payable 385,285 255,615
Accrued expenses 995,999 1,105,122
Income taxes payable 199,613 135,533
Note payable - related party (net of debt discount of $535,397 at December 31, 2014) 0 1,131,276
Deferred revenue 822,481 877,120
Total current liabilities 2,403,378 3,504,666
Deferred income tax liability 94,566 633,778
Other long-term liabilities 113,222 56,733
Total liabilities 2,611,166 $ 4,195,177
Commitments and contingencies (see Note 9)  
Stockholders' equity:    
Preferred stock, $0.001 par value, 30,000,000 shares authorized, no shares issued and outstanding as of December 31, 2015 and 2014. 0 $ 0
Common stock $0.001 par value, 100,000,000 shares authorized, 2,785,044 and 2,316,743 shares issued and outstanding as of December 31, 2015 and 2014, respectively. 2,785 2,317
Additional paid-in capital 8,202,605 5,725,470
Other accumulated comprehensive loss (35,154) (47,283)
Retained earnings 388,741 327,258
Total stockholders' equity 8,558,977 6,007,762
Total liabilities and stockholders' equity $ 11,170,143 $ 10,202,939