Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 7,202,895	$ 8,651,374
Accounts receivable, net of allowance for doubtful accounts of $634,880 and $508,288 at June 30, 2017 and December 31, 2016, respectively	804,173	1,261,923
Income taxes receivable	2,023,329	1,355,180
Other current assets	231,902	1,396,642
Total current assets	10,262,299	12,665,119
Property and equipment, net	903,762	905,345
Goodwill	8,867,539	8,845,394
Other intangible assets, net	2,590,770	2,850,635
Deferred income taxes	35,094	32,996
Deposits and other	25,001	30,464
Total assets	22,684,465	25,329,953
Liabilities and Shareholders’ Equity
Accounts payable	600,031	498,534
Accrued expenses and other current liabilities	445,649	953,171
Deferred revenue	253,298	280,159
Income taxes payable	615,202	484,349
Total current liabilities	1,914,180	2,216,213
Deferred income taxes	261,474	195,495
Total liabilities	2,175,654	2,411,708
Shareholders’ equity:
Preferred stock, $0.001 par value, 5,000,000 shares authorized, no shares issued or outstanding at June 30, 2017 and December 31, 2016
Common stock, $0.001 par value, Authorized shares-50,000,000; issued shares-8,404,740 at June 30, 2017 and 8,380,663 at December 31, 2016; outstanding shares-8,384,740 at June 30, 2017 and 8,360,663 at December 31, 2016	8,405	8,381
Additional paid in capital	27,917,484	27,556,398
Accumulated other comprehensive income loss	(425,578)	(445,055)
Accumulated deficit	(6,907,500)	(4,117,479)
Treasury stock	(84,000)	(84,000)
Total shareholders’ equity	20,508,811	22,918,245
Total liabilities and shareholders’ equity	$ 22,684,465	$ 25,329,953

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.