XML 18 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
BALANCE SHEETS (Unaudited) (USD $)
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 7,390,831 $ 6,649,432
Marketable securities 1,393,590 1,398,022
Accounts receivable, net of allowance 1,304,905 1,707,582
Other current assets 776,815 581,132
Total current assets 10,866,141 10,336,168
Property and equipment, net 367,210 422,682
Goodwill 1,954,460 1,954,460
Prepaid and other assets 40,077 23,653
Total assets 13,227,888 12,736,963
Current liabilities:    
Deferred revenue 6,972,478 6,692,052
Accounts payable 75,634 86,478
Accrued expenses 1,417,657 1,280,316
Total current liabilities 8,465,769 8,058,846
Deferred taxes on income 725,615 783,096
Other liabilities 4,470 5,099
Total liabilities 9,195,854 8,847,041
Stockholders' equity:    
Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued 0 0
Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 7,959,200 and 7,958,564 shares, respectively 79,592 79,585
Additional paid-in capital 29,023,182 28,958,648
Accumulated deficit (25,070,740) (25,148,311)
Total stockholders' equity 4,032,034 3,889,922
Total liabilities and stockholders' equity $ 13,227,888 $ 12,736,963