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Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 3,929,000 $ 2,718,000
Restricted cash 0 175,000
Accounts receivable, net 3,428,000 2,191,000
Prepaid expenses 329,000 401,000
Other current assets 0 85,000
Total current assets 7,686,000 5,570,000
Property and Equipment:    
Leasehold improvements, furniture and equipment 1,516,000 1,399,000
Less: accumulated depreciation 403,000 76,000
Total property and equipment 1,113,000 1,323,000
Other Assets:    
Trademarks and other intangibles, net 45,835,000 46,364,000
Goodwill 12,371,000 12,371,000
Deferred finance costs, net 450,000 591,000
Other assets 349,000 9,000
Total other assets 59,005,000 59,335,000
Total Assets 67,804,000 66,228,000
Liabilities and Stockholders' Equity    
Accounts payable and accrued expenses 1,421,000 878,000
Deferred revenue, net of long-term portion 221,000 503,000
Other current liabilities 144,000 66,000
Current portion of installment debt obligation 0 44,000
Current portion of term loan 1,350,000 0
Total current liabilities 3,136,000 1,491,000
Long Term Liabilities:    
Term loan, net of short-term portion 11,229,000 12,344,000
Seller note 6,306,000 5,765,000
Installment debt obligation, net of short-term portion 0 1,114,000
Contingent obligations - seller 11,466,000 17,765,000
Deferred tax liability 10,177,000 11,105,000
Deferred revenue, net of short-term portion 480,000 13,000
Other long-term liabilities, less current portion 45,000 13,000
Total long term liabilities 39,703,000 48,119,000
Total Liabilities 42,839,000 49,610,000
Commitments and contingencies      
Stockholders' Equity:    
Preferred stock, $.001 par value, 1,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $.001 par value, 25,000,000 shares authorized, 7,339,979 and 5,810,444 issued and outstanding at December 31, 2012 and December 31, 2011, respectively 7,000 6,000
Paid-in capital 21,966,000 17,904,000
Retained earnings (deficit) 2,992,000 (1,292,000)
Total stockholders' equity 24,965,000 16,618,000
Total Liabilities and Stockholders' Equity $ 67,804,000 $ 66,228,000