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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating activities    
Net loss $ (3,347,757) $ (3,436,431)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 652,589 1,060,705
Change in fair value of derivative instruments 552,953 167,853
Depreciation expense 94,456 162,358
Deferred provision for income taxes 20,949 166,538
Non-cash interest expense 70,473 40,470
Gain on the disposal of property and equipment    (66,626)
Changes in operating assets and liabilities:    
Billed accounts receivable 892,581 979,612
Unbilled accounts receivable 419,811 (1,765,096)
Prepaid expenses and other current assets 355,878 248,707
Accounts payable 1,292,796 617,014
Accrued expenses and other liabilities (366,136) 408,088
Deferred revenue (873,580) (495,571)
Net cash used by operating activities (234,987) (1,912,379)
Investing activities    
Purchase of property and equipment (70,581)   
Proceeds from the sale of property and equipment    67,400
Net cash provided (used) by investing activities (70,581) 67,400
Financing activities    
Proceeds from issuance (repayment) of long-term debt (249,999) 2,500,000
Net repayment of revolving credit agreement (162,364)   
Deferred financing costs    (216,460)
Change in restricted cash requirements    100,000
Proceeds from issuance of common stock, net of issuance costs 3,810,403 38,983
Other    (32,960)
Net cash provided by financing activities 3,398,040 2,389,563
Effects of exchange rates on cash (4,080) (4,434)
Increases in cash and cash equivalents 3,088,392 540,150
Cash and cash equivalents, at beginning of period 12,701,517 11,236,771
Cash and cash equivalents, at end of period 15,789,909 11,776,921
Supplemental disclosure of cash flow information    
Cash paid for interest 129,345 73,911
Noncash financing activities    
Value of warrants issued to lender in connection with loan    $ 69,876