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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 8,148,599 $ 9,041,478
Accounts receivable, net of allowance for doubtful accounts of $991,990 and $2,404,659 at December 31, 2012 and 2013, respectively 6,225,923 5,373,023
Prepaid expenses and other current assets 981,908 576,112
Total current assets 15,356,430 14,990,613
Property and equipment, net 1,934,582 1,023,198
Intangible assets, net 767,223 575,409
Total assets 18,058,235 16,589,220
Current liabilities:    
Accounts payable 1,694,312 1,191,122
Accrued expenses 666,675 343,913
Accrued royalties 1,293,717 712,776
Accrued payroll and related liabilities 1,850,923 1,382,265
Capital lease obligation, current portion 157,238 158,669
Deferred revenue 0 483,052
Line of credit 0 1,000,000
Total current liabilities 5,662,865 5,271,797
Capital lease obligation, net of current portion 136,419 83,910
Line of credit 1,000,000 0
Total liabilities 6,799,284 5,355,707
Commitments and contingencies (Note 5)      
Common stock classified outside of stockholders’ equity (deficit) (Note 10) 5,500,000 11,775,724
Stockholders’ equity (deficit):    
Common stock, $0.01 par value; 50,000,000 shares authorized; 32,797,625 and 38,712,896 shares issued and outstanding at December 31, 2012 and 2013, respectively 337,185 232,414
Additional paid-in capital 70,986,406 56,766,036
Accumulated deficit (65,297,179) (57,276,664)
Accumulated other comprehensive loss (267,461) (263,997)
Total stockholders’ equity (deficit) 5,758,951 (542,211)
Total liabilities, common stock classified outside of stockholders’ equity (deficit) and stockholders’ equity (deficit) $ 18,058,235 $ 16,589,220