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AUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Current assets:      
Cash and cash equivalents $ 1,812,600 $ 1,379,887 $ 1,878,034
Accounts receivable 9,590,446 8,059,910 4,872,082
Investments 82,908 82,908 82,908
Other current assets 866,505 542,237 343,809
Total current assets 12,352,459 10,064,942 7,176,833
Other assets:      
Property and equipment, net 113,505 100,241 73,066
Intangible assets - net 11,845,910 8,764,704 3,114,513
Acquired goodwill 21,879,572 17,089,076 3,470,522
Deferred income tax assets, net 3,488,960 3,488,960 0
Total other assets 37,327,947 29,442,981 6,658,101
Total assets 49,680,406 39,507,923 13,834,934
Current Liabilities:      
Line of credit 3,956,494 3,088,890 1,235,935
Accounts payable 4,468,533 5,130,817 2,597,385
Other accrued expenses 3,147,210 2,165,088 1,093,814
Current Portion - Long Term Notes 399,996 405,376 0
Consideration payable - Cash 4,199,238 1,854,397 3,649,267
Consideration payable - Equity 596,763 64,384 0
Dividend Payable 499,965 0 0
Total current liabilities 17,268,199 12,708,952 8,576,401
Long-term liabilities:      
Convertible notes 1,250,000 0 5,000,000
Long-term notes - Net of Current Portion 1,023,474 1,536,191 0
Long-term consideration payable - Cash 3,375,000 2,711,717 0
Long-term consideration payable - Equity 11,993,723 10,887,360 0
Total Long-term Liabilities 17,642,197 15,135,268 5,000,000
Total liabilities 34,910,396 27,844,220 13,576,401
Stockholders' equity:      
Preferred stock, $0.01 par value; 1,000,000 authorized, 363,611 issued and outstanding as of March 31, 2017 and as of December 31, 2016 3,636 3,636 0
Common stock, $0.01 par value; 100,000,000 shares authorized, 14,579,417 and 13,885,972 issued and outstanding as of March 31, 2017 and December 31, 2016 respectively. 145,794 138,860 118,743
Additional paid-In capital 19,850,002 15,358,839 1,192,692
Accumulated deficit (5,226,646) (3,833,588) (1,052,902)
Accumulated other comprehensive income (loss) 740 (7,426) 0
Non-Controlling Interest (3,516) 3,382 0
Total stockholders' equity 14,770,010 11,663,703 258,533
Total liabilities and stockholders' equity $ 49,680,406 $ 39,507,923 $ 13,834,934