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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 9,687,332 $ 13,154,699
Accounts receivable, net of allowance for doubtful accounts of $73,636 and $88,719 in 2015 and 2014, respectively 12,391,141 8,543,050
Unbilled accounts receivable 5,340,750 5,547,416
Inventories 22,150 37,025
Prepaid expenses and other assets 611,967 426,736
Income taxes receivable 0 25,984
Deferred income taxes 13,324 18,584
Total current assets 28,066,664 27,753,494
NONCURRENT ASSETS    
Property and equipment, net 1,550,624 1,614,182
Intangibles, net 5,648,576 5,992,992
Goodwill 18,555,578 18,555,578
Deposits and other assets 139,463 161,994
TOTAL ASSETS 53,960,905 54,078,240
CURRENT LIABILITIES    
Line of credit advance 122,527 0
Short term note payable 37,423 137,025
Accounts payable 8,659,862 6,165,477
Accrued expenses 5,944,560 5,980,110
Deferred revenue 1,768,374 710,275
Income taxes payable 39,408 12,574
Current portion of long-term debt 869,296 2,184,016
Current portion of deferred rent 0 9,274
Current portion of capital lease obligations 33,269 76,597
Total current liabilities 17,474,719 15,275,348
NONCURRENT LIABILITIES    
Long-term debt, net of current portion 887,444 1,327,800
Capital lease obligation, net of current portion 47,444 36,669
Deferred rent, net of current portion 155,222 152,815
Deferred revenue 42,449 56,977
Deferred income taxes 447,811 447,811
Deposits and other liabilities 1,964 1,964
Total liabilities 19,057,053 17,299,384
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 2,045,714 shares issued and none outstanding 0 0
Common stock, $0.001 par value; 110,000,000 shares authorized; 82,481,792 and 81,656,763 shares issued and outstanding, respectively 82,482 81,657
Additional paid-in capital 93,449,495 92,661,000
Accumulated other comprehensive (loss) (244,452) (147,515)
Accumulated deficit (58,383,673) (55,816,286)
Total stockholders’ equity 34,903,852 36,778,856
Total liabilities and stockholders’ equity $ 53,960,905 $ 54,078,240