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Consolidated Balance Sheets - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 4,276,726 $ 4,215,145
Accounts receivable (net of allowance for doubtful accounts of $422,118 and $396,884, respectively) 1,477,255 1,253,628
Other current assets 284,667 252,468
Total current assets 6,038,648 5,721,241
Capitalized software, net 1,221,854 723,962
Fixed assets, net 186,194 175,497
Deferred income tax asset - noncurrent 0 97,974
Other long-term assets 18,682 18,301
Goodwill 2,241,872 2,241,872
Intangible assets (net of accumulated amortization of $2,771,029 and $2,512,704, respectively) 1,932,971 2,191,296
Total assets 11,640,221 11,170,143
Current liabilities:    
Accounts payable 553,672 385,285
Accrued expenses 527,478 995,999
Income taxes payable 165,346 199,613
Deferred revenue 875,288 822,481
Total current liabilities 2,121,784 2,403,378
Deferred income tax liability 187,493 94,566
Other long-term liabilities 135,486 113,222
Total liabilities $ 2,444,763 $ 2,611,166
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value, 30,000,000 shares authorized, no shares issued and outstanding as of March 31, 2016 and December 31, 2015. $ 0 $ 0
Common stock $0.001 par value, 100,000,000 shares authorized, 2,794,394 and 2,785,044 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively. 2,795 2,785
Additional paid-in capital 8,419,324 8,202,605
Other accumulated comprehensive loss (25,139) (35,154)
Retained earnings 798,478 388,741
Total stockholders' equity 9,195,458 8,558,977
Total liabilities and stockholders' equity $ 11,640,221 $ 11,170,143