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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 4,614,619 $ 4,162,596
Credit card holdback receivable 168,960 172,169
Accounts receivable, net of allowances and reserves of $51,195 and $57,674, respectively 646,095 958,695
Prepaid expense and other current assets 406,788 1,047,483
Total current assets 5,836,462 6,340,943
Property and equipment, net 657,010 793,305
Goodwill 14,304,667 14,304,667
Intangible assets, net 4,762,818 5,605,193
Other receivables 85,115 82,435
Long term security deposits 141,807 397,608
Total assets 25,787,879 27,524,151
Current liabilities:    
Accounts payable 2,451,624 1,665,831
Accrued expenses and other current liabilities 248,648 472,406
Deferred subscription revenue 2,600,388 2,828,827
Total current liabilities 5,300,660 4,967,064
Deferred rent, net of current portion 261,286
Deferred tax liability 1,452,339 1,452,339
Total liabilities 6,752,999 6,680,689
Commitments and Contingencies
Stockholders' equity:    
Common stock, $0.001 par value, 25,000,000 shares authorized; and 6,720,915 and 6,714,915 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 6,721 6,715
Additional paid-in capital 16,579,649 15,865,568
Retained earnings 2,448,510 4,971,179
Total stockholders' equity 19,034,880 20,843,462
Total liabilities and stockholders' equity $ 25,787,879 $ 27,524,151