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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
OPERATING ACTIVITIES    
Net loss $ (8,137,720) $ (12,051,793)
Adjustments to reconcile net loss to net cash used in operating activities:    
Accretion of discount/amortization of financing costs 197,348 150,511
Change in fair value of warrant liability 3,106,733 2,646,170
Depreciation and amortization of intangibles 394,728 426,535
Stock compensation 308,222 154,308
Warrants and common stock issued for professional services 172,050 18,612
Amortization of deferred commissions 38,102 68,898
Debt/warrant inducement and share price adjustment 934,549 3,712,383
Net loss after adjustments for non-cash operating activities (2,985,988) (4,874,376)
Changes in operating assets and liabilities:    
Accounts receivable (863,441) (314,220)
Deferred commissions (8,262) (26,076)
Prepaid and other expenses (703,415) 85,995
Accounts payable 656,697 418,696
Accrued expenses 115,539 2,356
Accrued interest 231,288 93,985
Deferred revenue (228,850) 110,837
Net cash used in operating activities (3,786,432) (4,502,803)
INVESTING ACTIVITIES    
Purchase of fixed assets (28,623) (43,049)
Net cash used in investing activities (28,623) (43,049)
FINANCING ACTIVITIES    
Proceeds from issuance of notes and warrants 3,050,000 750,000
Repayment of notes (894,562) (114,217)
Issuance of shares of common stock, net of costs 1,266,341 33,829
Warrants exercised 932,092
Issuance of shares of convertible preferred stock, net of costs 4,403,664
Payment of debt issuance costs (166,837)
Repayment of capital lease (182,089) (49,099)
Proceeds from bank borrowing 69,088 113,339
Repayment of bank borrowing (43,400) (52,566)
Net cash provided by financing activities 4,030,633 5,084,950
NET INCREASE IN CASH AND CASH EQUIVALENTS 215,578 539,098
CASH AND CASH EQUIVALENTS    
Beginning of period 44,788 112,221
End of period 260,366 651,319
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 46,067 154,848
NON-CASH FINANCING TRANSACTIONS    
Conversion of debt and interest to equity 752,000
Debt issuance costs in exchange for warrants 127,080
Capital lease obligations 209,162 837,722
Accounts payable cancelled 80,156
Fixed asset additions financed through capital lease 174,624
Common stock issued for preferred stock dividends 3,957 85,973
Conversion of warrant liability to additional paid-in-capital 435,681 420,090
Notes issued for capital lease obligation assumed by a director $ 226,650