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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 15,304,189 $ 11,236,771
Accounts receivable (billed) 1,146,380 4,424,442
Unbilled accounts receivable 4,276,075 3,021,208
Prepaid expenses and other current assets 802,080 830,585
Restricted cash   100,000
Total current assets 21,528,724 19,613,006
Property and equipment, net 701,982 788,666
Other long term assets and deferred costs 174,525 53,384
Goodwill 2,348,453 2,348,453
Total assets 24,753,684 22,803,509
Current liabilities:    
Accounts payable 1,410,516 1,445,700
Accrued expenses and other liabilities 2,850,072 3,169,642
Current portion of long term debt 195,412  
Short term debt 857,808  
Total current liabilities 5,313,808 4,615,342
Other long term liabilities 555,983 449,709
Long term debt, less current portion 2,234,712  
Derivative instruments 2,878,314 1,886,652
Total liabilities 10,982,817 6,951,703
Stockholders' equity:    
Common stock, $0.0001 par value; 100,000,000 shares authorized; 48,314,510 and 48,236,172 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively 4,832 4,824
Additional paid-in-capital 209,111,489 208,525,917
Accumulated other comprehensive income 1,023,891 1,010,522
Accumulated deficit (196,369,345) (193,689,457)
Total stockholders' equity 13,770,867 15,851,806
Total liabilities and stockholders' equity $ 24,753,684 $ 22,803,509