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Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 7,930,303 $ 13,154,699
Accounts receivable, net of allowance for doubtful accounts of $73,378 and $88,719 in 2015 and 2014, respectively 10,565,113 8,543,050
Unbilled accounts receivable 6,637,587 5,547,416
Inventories 28,400 37,025
Prepaid expenses and other assets 435,300 426,736
Income taxes receivable 0 25,984
Deferred income taxes 30,889 18,584
Total current assets 25,627,592 27,753,494
NONCURRENT ASSETS    
Property and equipment, net 1,513,307 1,614,182
Intangibles, net 5,101,523 5,992,992
Goodwill 18,555,578 18,555,578
Deposits and other assets 60,471 161,994
TOTAL ASSETS 50,858,471 54,078,240
CURRENT LIABILITIES    
Short term note payable 131,953 137,025
Accounts payable 7,812,226 6,165,477
Accrued expenses 6,687,054 5,980,110
Deferred revenue 2,007,970 710,275
Income taxes payable 37,684 12,574
Current portion of long-term debt 893,706 2,184,016
Current portion of deferred rent 0 9,274
Current portion of capital lease obligations 28,752 76,597
Total current liabilities 17,599,345 15,275,348
NONCURRENT LIABILITIES    
Long-term debt, net of current portion 431,756 1,327,800
Capital lease obligation, net of current portion 11,962 36,669
Deferred rent, net of current portion 151,994 152,815
Deferred revenue 24,937 56,977
Deferred income taxes 447,811 447,811
Deposits and other liabilities 0 1,964
Total liabilities 18,667,805 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; 82,520,696 and 81,656,763 shares issued and outstanding, respectively 82,521 81,657
Additional paid-in capital 93,661,178 92,661,000
Accumulated other comprehensive (loss) (270,140) (147,515)
Accumulated deficit (61,282,893) (55,816,286)
Total stockholders’ equity 32,190,666 36,778,856
Total liabilities and stockholders’ equity $ 50,858,471 $ 54,078,240