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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 18,882,602 $ 21,490,586
Accounts receivable, net 9,308,624 10,743,505
Prepaid and other assets 741,247 792,991
Total current assets 28,932,473 33,027,082
Furniture, fixtures and equipment, net of accumulated depreciation of $1,568,556 and $1,082,793, respectively 5,374,820 5,260,443
Intangible assets, net of accumulated amortization of $45,229,777 and $41,861,561, respectively 19,081,875 17,922,282
Deferred tax asset, net 17,964,768 16,814,737
Goodwill 54,824,648 54,824,648
Other assets 256,628 295,349
Total assets 126,435,212 128,144,541
Current liabilities:    
Current portion of debt 0 0
Accrued expenses and other liabilities 3,313,580 4,031,444
Deferred revenue 24,183,184 25,031,100
Total current liabilities 27,496,764 29,062,544
Other long-term liabilities 2,614,065 1,902,081
Total liabilities 30,110,829 30,964,625
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.02 par value per share, 101,000,000 shares authorized, 11,512,485 and 11,272,150 shares issued and outstanding, respectively 230,250 225,443
Additional paid in capital 109,144,487 107,668,599
Retained earnings (deficit) (13,050,354) (10,714,126)
Total stockholders' equity 96,324,383 97,179,916
Total liabilities and stockholders' equity $ 126,435,212 $ 128,144,541