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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,063,690 $ 4,882,084
Accounts receivable 7,828,791 8,838,453
Other current assets 701,059 924,266
Total current assets 10,593,540 14,644,803
Other assets:    
Property and equipment, net 60,308 95,048
Intangible assets, net 7,249,490 9,469,703
Acquired goodwill 21,898,323 21,898,323
Deferred income tax assets, net 6,097,778 6,088,751
Total other assets 35,305,899 37,551,825
Total assets 45,899,439 52,196,628
Current liabilities:    
Line of credit 3,601,134 4,053,318
Accounts payable 4,215,708 5,324,872
Other accrued expenses 1,760,964 2,582,661
Current portion - long term notes 5,994 749,551
Consideration payable - cash 2,571,000 5,509,427
Consideration payable - equity 605,223 12,148,053
Dividend payable 104,657 0
Total current liabilities 12,864,680 30,367,882
Long-term liabilities:    
Convertible notes 1,250,000 1,250,000
Long term notes - net of current portion 1,698 1,130,563
Warrant liability 1,689,899 0
Total long-term liabilities 2,941,597 2,380,563
Total liabilities 15,806,277 32,748,445
Stockholders' equity:    
Preferred stock, $0.01 par value; 1,000,000 authorized, 418,626 and 405,395 issued and outstanding as of September 30, 2018 and December 31, 2017, respectively 4,186 4,054
Common stock, $0.01 par value; 100,000,000 shares authorized, 22,946,017 and 18,162,723 issued and outstanding as of September 30, 2018 and December 31, 2017, respectively 229,460 181,625
Additional paid-in capital 44,431,505 34,223,181
Accumulated deficit (14,608,064) (14,997,552)
Accumulated other comprehensive income (loss) 36,075 36,875
Total stockholders' equity 30,093,162 19,448,183
Total liabilities and stockholders' equity $ 45,899,439 $ 52,196,628