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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
OPERATING ACTIVITIES    
Net Loss Attributable to Common Shareholders $ (12,051,793) $ (7,118,685)
Adjustments to reconcile net loss to net cash used in operating activities:    
Accretion of discount/amortization of financing costs 150,511 77,833
Accrued debt related costs   1,796,874
Change in fair value of warrant liability 2,646,170 (100,000)
Depreciation and amortization of intangibles 426,535 298,287
Stock compensation 154,308 85,209
Warrants issued for professional services 18,612  
Amortization of deferred commissions 68,898 47,246
Debt/warrant inducement and share price adjustment 3,712,383 7,906
Net loss after adjustments for non-cash operating activities (4,874,376) (4,905,330)
Changes in operating assets and liabilities:    
Accounts receivable (314,220) 17,548
Deferred commissions (26,076) (68,866)
Prepaid expenses 85,995 (111,196)
Accounts payable 418,696 700,662
Accrued expenses 2,356 41,669
Accrued interest 93,985 (487,778)
Deferred revenue 110,837 66,452
Net cash used in operating activities (4,502,803) (4,746,839)
INVESTING ACTIVITIES    
Purchase of fixed assets (43,049) (37,457)
Cash paid for acquisition   (1,375,000)
Net cash used in investing activities (43,049) (1,412,457)
FINANCING ACTIVITIES    
Proceeds from issuance of notes and warrants 750,000 7,820,000
Repayment of notes (114,217) (1,862,500)
Issuance of common shares, net of costs 33,829  
Issuance of shares of convertible preferred stock, net of costs 4,403,664  
Payment of debt issuance costs   (86,348)
Repayment of capital lease (49,099)  
Repayment of bank borrowing (52,566) (162,966)
Proceeds from bank borrowing 113,339 330,020
Net cash provided by financing activities 5,084,950 6,038,206
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 539,098 (121,090)
CASH AND CASH EQUIVALENTS    
Beginning of period 112,221 150,555
End of period 651,319 29,465
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 154,848 1,193,372
NONCASH FINANCING AND INVESTING TRANSACTIONS    
Conversion of debt into equity 752,000 986,793
Conversion of accrued interest to note payable   $ 150,660
Fixed assets purchases included in accounts payable cancelled 80,156  
Capital lease obligations 837,722  
Debt issuance costs in exchange for warrants 127,080  
Common stock issued for preferred stock dividends 85,973  
Conversion of warrant liability to additional paid-in-capital $ 420,090