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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 30,536,420 $ 8,914,034
Accounts receivable 7,424,499 6,457,841
Prepaid expenses 627,573 360,146
Total Current Assets 38,588,492 15,732,021
Property and equipment, net 162,298 149,330
Other Assets    
Goodwill 3,678,513 3,678,513
Patent rights, net 2,658,765 2,766,944
Other intangible assets, net 3,761,792 2,492,123
Right of use assets, net 616,988  
Other assets and deposits 170,256 235,647
Total Other Assets 10,886,314 9,173,227
TOTAL ASSETS 49,637,104 25,054,578
Current Liabilities    
Accounts payable - trade 911,795 411,010
Accrued expenses 840,843 1,300,882
Revenue share payable 1,964,440 1,908,616
Current portion of lease obligations 111,968
Current portion of contingent purchase price payable 1,074,000
Deferred revenue 769,391 610,625
Total Current Liabilities 5,672,437 4,231,133
Non-current Liabilities    
Lease obligations, net of current portion 508,904
Contingent purchase price payable, net of current portion 1,546,000 2,365,000
Total Non-current liabilities 2,054,904 2,365,000
Total Liabilities 7,727,341 6,596,133
Commitments and contingencies (See Note 5)
Stockholders' Equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no issued and outstanding at June 30, 2019 or December 31, 2018
Common stock, $0.001 par value, 500,000,000 shares authorized, 14,116,739 and 12,038,618 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 14,117 12,039
Additional paid-in-capital 71,764,534 48,725,211
Accumulated deficit (29,868,888) (30,278,805)
Total Stockholders' Equity 41,909,763 18,458,445
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 49,637,104 $ 25,054,578