XML 12 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 3,950,106 $ 5,272,457
Accounts receivable, net of allowance for doubtful accounts of $96,846 and $107,618 in 2018 and 2017, respectively 8,022,377 8,131,025
Unbilled accounts receivable 7,803,572 8,131,448
Other current assets 963,649 767,944
Total current assets 20,739,704 22,302,874
NONCURRENT ASSETS    
Property and equipment, net 1,058,786 1,318,420
Intangibles, net 3,284,626 3,671,506
Goodwill 18,555,578 18,555,578
Other long-term assets 145,477 44,553
Total assets 43,784,171 45,892,931
CURRENT LIABILITIES    
Accounts payable 6,080,686 7,266,212
Accrued expenses 9,064,369 9,796,350
Deferred revenue 2,689,038 2,348,578
Current portion of capital leases 105,712 101,591
Current portion of other term obligations 107,109 203,271
Total current liabilities 18,046,914 19,716,002
NONCURRENT LIABILITIES    
Capital leases, net of current portion 151,037 232,109
Other term obligations, net of current portion 64,006 78,336
Deferred revenue 410,310 264,189
Deferred tax liability 393,975 392,229
Total liabilities 19,066,242 20,682,865
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; 84,062,446 and 83,031,595 shares issued; 83,762,446 and 83,031,595 shares outstanding, respectively 83,763 83,032
Additional paid-in capital 94,814,580 94,200,237
Accumulated other comprehensive loss (185,317) (122,461)
Accumulated deficit (69,995,097) (68,950,742)
Total stockholders' equity 24,717,929 25,210,066
Total liabilities and stockholders' equity $ 43,784,171 $ 45,892,931