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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 12,701,517 $ 11,236,771
Accounts receivable (billed) 2,432,641 4,424,442
Unbilled accounts receivable 4,114,442 3,021,208
Prepaid expenses and other current assets 547,245 830,585
Restricted cash    100,000
Total current assets 19,795,845 19,613,006
Property and equipment, net 483,976 788,666
Other long term assets and deferred costs 113,130 53,384
Goodwill 2,348,453 2,348,453
Total assets 22,741,404 22,803,509
Current liabilities:    
Accounts payable 1,697,280 1,445,700
Accrued expenses and other liabilities 2,328,877 2,655,330
Deferred revenue 1,381,755 514,312
Current portion of long term debt 749,997   
Short term debt 1,330,507   
Total current liabilities 7,488,416 4,615,342
Other long term liabilities 579,427 449,709
Long term debt, less current portion 1,704,108   
Derivative instruments 1,295,613 1,886,652
Total liabilities 11,067,564 6,951,703
Stockholders' equity:    
Common stock, $0.0001 par value; 100,000,000 shares authorized; 48,352,651 and 48,236,172 shares issued and outstanding at December 31, 2012 and 2011, respectively 4,835 4,824
Additional paid-in-capital 210,495,905 208,525,917
Accumulated other comprehensive (loss) income (217,328) 1,010,522
Accumulated deficit (198,609,572) (193,689,457)
Total stockholders' equity 11,673,840 15,851,806
Total liabilities and stockholders' equity $ 22,741,404 $ 22,803,509