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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 5,338,978 $ 4,215,145
Accounts receivable (net of allowance for doubtful accounts of $429,192 and $396,884, respectively) 1,299,698 1,253,628
Other current assets 188,584 252,468
Total current assets 6,827,260 5,721,241
Capitalized software (net of accumulated amortization of $207,438 and $25,133, respectively) 2,048,273 723,962
Fixed assets (net of accumulated depreciation of $318,077 and $262,797, respectively) 204,316 175,497
Deferred income tax asset - noncurrent 140,974 97,974
Other long-term assets 17,891 18,301
Goodwill 2,241,872 2,241,872
Intangible assets (net of accumulated amortization of $3,323,782 and $2,512,704, respectively) 1,380,218 2,191,296
Total assets 12,860,804 11,170,143
Current liabilities:    
Accounts payable 343,418 385,285
Accrued expenses 806,399 995,999
Income taxes payable 111,961 199,613
Deferred revenue 842,642 822,481
Total current liabilities 2,104,420 2,403,378
Deferred income tax liability 66,332 94,566
Other long-term liabilities 112,154 113,222
Total liabilities 2,282,906 2,611,166
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, 2016 and 2015. 0 0
Common stock $0.001 par value, 100,000,000 shares authorized, 2,860,944 and 2,785,044 shares issued and outstanding as of December 31, 2016 and 2015, respectively. 2,861 2,785
Additional paid-in capital 9,119,610 8,202,605
Other accumulated comprehensive loss (35,798) (35,154)
Retained earnings 1,491,225 388,741
Total stockholders' equity 10,577,898 8,558,977
Total liabilities and stockholders' equity $ 12,860,804 $ 11,170,143