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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 260,366 $ 44,788
Accounts receivable, net 1,391,787 703,346
Deferred commissions 50,065 66,278
Prepaid expenses 1,023,593 285,640
TOTAL CURRENT ASSETS 2,725,811 1,100,052
PROPERTY AND EQUIPMENT, net 707,499 664,416
GOODWILL 204,000 204,000
INTANGIBLE ASSETS, net 397,072 631,636
DEFERRED COMMISSIONS 22,114 35,741
OTHER LONG TERM ASSETS 175,000
TOTAL ASSETS 4,231,496 2,635,845
CURRENT LIABILITIES    
Accounts payable 1,766,813 1,110,116
Accrued expenses 278,325 126,115
Accrued interest 862,899 631,611
Deferred revenue 765,374 890,186
Current portion of warrant liability 21,730
Current maturities of capital lease obligations 362,413 320,581
Current portion of long-term debt 5,582,897 4,768,257
TOTAL CURRENT LIABILITIES 9,640,451 7,846,866
CAPITAL LEASE, net of current maturities 246,517 270,855
LONG TERM DEBT, net of current portion 371,904 192,000
WARRANT LIABILITY, net of current portion 4,950,644 2,799,662
DEFERRED REVENUE 355,480 459,519
ACCRUED RENT 127,198 120,384
TOTAL LIABILITIES 15,692,194 11,689,286
SHAREHOLDERS' DEFICIT    
Convertible preferred stock, $.0001 Par Value, 20,000,000 shares authorized, 43,530 and 44,030 shares issued and outstanding 4 4
Common shares, $.0001 Par Value, 500,000,000 shares authorized, 2,825,687 and 2,318,050 issued and outstanding 283 232
Additional paid-in capital 65,960,363 60,225,994
Accumulated deficit (77,421,348) (69,279,671)
TOTAL SHAREHOLDERS' DEFICIT (11,460,698) (9,053,441)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT $ 4,231,496 $ 2,635,845