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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 4,990,150 $ 4,215,145
Accounts receivable (net of allowance for doubtful accounts of $410,297 and $396,884, respectively) 1,285,493 1,253,628
Other current assets 401,586 252,468
Total current assets 6,677,229 5,721,241
Capitalized software (net of accumulated amortization of $104,653 and $25,133, respectively) 1,430,511 723,962
Fixed assets (net of accumulated depreciation of $304,079 and $262,797, respectively) 178,812 175,497
Deferred income tax asset - noncurrent 0 97,974
Other long-term assets 19,326 18,301
Goodwill 2,241,872 2,241,872
Intangible assets (net of accumulated amortization of $3,028,685 and $2,512,704, respectively) 1,675,315 2,191,296
Total assets 12,223,065 11,170,143
Current liabilities:    
Accounts payable 298,343 385,285
Accrued expenses 536,059 995,999
Income taxes payable 281,936 199,613
Deferred revenue 1,009,586 822,481
Total current liabilities 2,125,924 2,403,378
Deferred income tax liability 213,461 94,566
Other long-term liabilities 127,962 113,222
Total liabilities 2,467,347 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 June 30, 2016 and December 31, 2015. 0 0
Common stock $0.001 par value, 100,000,000 shares authorized, 2,804,394 and 2,785,044 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively. 2,804 2,785
Additional paid-in capital 8,704,175 8,202,605
Other accumulated comprehensive loss (22,547) (35,154)
Retained earnings 1,071,286 388,741
Total stockholders' equity 9,755,718 8,558,977
Total liabilities and stockholders' equity $ 12,223,065 $ 11,170,143