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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,048,257 $ 1,055,281
Accounts receivable, less allowance for doubtful accounts of $874,828 and $699,102 as of September 30, 2018 and December 31, 2017, respectively 17,152,951 16,263,276
Prepaid expenses and other current assets 1,444,820 1,508,014
Total current assets 19,646,028 18,826,571
Goodwill 58,208,490 58,337,290
Intangible assets, net 2,865,900 5,031,595
Property and equipment, net, and other assets 1,043,779 1,320,342
Total assets 81,764,197 83,515,798
Current liabilities:    
Accounts payable and accrued liabilities 16,506,974 14,253,818
Deferred revenue and other current liabilities 93,919 328,763
Total current liabilities 16,600,893 14,582,581
Revolving credit facility, net 4,934,877 6,763,497
Other long-term liabilities 735 21,990
Total liabilities 21,536,505 21,368,068
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued or outstanding as of September 30, 2018 and December 31, 2017
Common stock, $0.001 par value, 200,000,000 shares authorized, 15,313,383 and 15,302,455 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively 15,313 15,302
Additional paid-in capital 159,479,506 158,867,600
Accumulated deficit (99,267,127) (96,735,172)
Total stockholders’ equity 60,227,692 62,147,730
Total liabilities and stockholders’ equity $ 81,764,197 $ 83,515,798