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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,371,331 $ 4,882,084
Accounts receivable 7,871,422 8,838,453
Other current assets 818,600 924,266
Total current assets 10,061,353 14,644,803
Other assets:    
Property and equipment, net 58,892 95,048
Intangible assets, net 5,778,036 9,469,703
Goodwill 13,729,770 21,898,323
Deferred income tax assets, net 9,399 6,088,751
Total other assets 19,576,097 37,551,825
Total assets 29,637,450 52,196,628
Current liabilities:    
Line of credit 3,950,681 4,053,318
Accounts payable 4,377,794 5,324,872
Other accrued expenses 1,697,636 2,582,661
Current portion - long-term notes 6,450 749,551
Convertible notes 1,250,000 0
Consideration payable - cash 2,696,000 5,509,427
Consideration payable - equity 605,223 12,148,053
Dividend payable - Preferred stock 105,181 0
Total current liabilities 14,688,965 30,367,882
Long-term liabilities:    
Convertible notes 0 1,250,000
Long term notes - net of current portion 0 1,130,563
Warrant liability 4,189,388 0
Total long-term liabilities 4,189,388 2,380,563
Total liabilities 18,878,353 32,748,445
Stockholders' equity:    
Preferred stock, $0.01 par value; 1,000,000 authorized, 420,720 and 405,395 issued and outstanding as of December 31, 2018 and December 31, 2017, respectively 4,207 4,054
Common stock, $0.01 par value; 100,000,000 shares authorized, 42,329,121 and 18,162,723 issued and outstanding as of December 31, 2018 and December 31, 2017, respectively 423,290 181,625
Additional paid-in capital 44,722,856 34,223,181
Accumulated deficit (34,478,253) (14,997,552)
Accumulated other comprehensive income (loss) 86,997 36,875
Total stockholders' equity 10,759,097 19,448,183
Total liabilities and stockholders' equity $ 29,637,450 $ 52,196,628