XML 44 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
BALANCE SHEETS (USD $)
Feb. 28, 2013
Feb. 29, 2012
ASSETS    
Cash and cash equivalents $ 4,352,691 $ 11,428,825
Restricted cash 214,455   
Accounts receivable, net 5,707,019 3,734,945
Prepaid expenses and other current assets 772,029 487,321
Total current assets 11,046,194 15,651,091
Intangible assets held for sale 3,500,000   
Property and equipment, net 82,737 292,492
Goodwill 35,060,183 60,979,183
Intangible assets, net 25,812,037 36,798,085
Deposits 238,011 365,700
TOTAL ASSETS 75,739,162 114,086,551
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 4,812,086 2,613,238
Accrued liabilities 2,614,365 1,599,792
Deferred revenue 851,847 1,050,369
Acquisition related contingent consideration    26,000,500
Total current liabilities 8,278,298 31,263,899
Deferred tax liability, net 3,517,652 3,517,652
Accrued liabilities 82,001 113,278
TOTAL LIABILITIES 11,877,952 34,894,829
STOCKHOLDERS' EQUITY:    
Common stock, $.0001 par value; 250,000,000 shares authorized; 129,554,226 and 94,434,817 shares issued and outstanding, respectively 12,955 9,443
Additional paid-in capital 175,241,799 141,738,528
Accumulated deficit (111,393,544) (62,556,249)
Total stockholders' equity 63,861,210 79,191,722
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 75,739,162 $ 114,086,551