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Consolidated Balance Sheets (USD $)
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 4,652,545 $ 680,046
Trade accounts receivable, less allowance for doubtful accounts of $68,477 and $71,689, respectively 2,952,989 3,138,280
Note and settlement receivable - short term 0 24,623
Prepaid expenses 349,348 315,411
Deferred tax asset 0 112,172
Other current assets 247,970 209,863
Total current assets 8,202,852 4,480,395
Property, equipment, and software, net 2,482,882 1,902,343
Intangible assets, net 2,856,295 3,199,477
Goodwill 2,769,589 2,769,589
Other assets 78,902 78,703
Total assets 16,390,520 12,430,507
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 653,281 428,544
Accrued expenses 1,029,550 1,037,650
Accrued wages and other compensation 387,469 303,829
Income tax payable 584,866 526,082
Note payable 0 825,000
Advance from shareholder 0 505,016
Deferred tax liability - short term 34,534 0
Deferred revenue 4,324,643 2,274,870
Total current liabilities 7,014,343 5,900,991
Lease incentive - long term 149,244 187,365
Deferred revenue - long term 4,019,798 355,001
Deferred income tax liability - long term 605,981 756,356
Total liabilities 11,789,366 7,199,713
Commitments and contingencies    
Stockholders' equity    
Class A common stock, par value $0.01 per share; 47166666 shares authorized; 29178271 issued at June 30, 2011 and at December 31, 2010 291,783 291,783
Additional paid-in capital 26,039,723 26,020,967
Accumulated deficit (21,922,729) (21,298,515)
Other comprehensive income - foreign currency translation 384,520 408,702
Treasury stock, 140,250 shares at cost (192,143) (192,143)
Total stockholders' equity 4,601,154 5,230,794
Total liabilities and stockholders' equity $ 16,390,520 $ 12,430,507