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Condensed Balance Sheets (USD $)
Mar. 31, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 669,695 $ 679,405
Investments 120,005 161,949
Accounts receivable, trade (net of allowance for doubtful accounts of $35,000 for both periods) 1,914,318 1,711,171
Prepaid expenses 543,327 434,357
Other current assets 823,536 873,975
Total Current Assets 4,070,881 3,860,857
PROPERTY AND EQUIPMENT    
Cost 2,626,095 2,601,535
Less accumulated depreciation (2,066,567) (2,033,766)
Property and Equipment (net) 559,528 567,769
OTHER ASSETS:    
Software development costs (net of accumulated amortization of $2,115,904 and $1,892,938) 2,682,468 2,736,572
Pension assets 3,336,523 3,320,073
Intangibles, net 518,750 563,000
Goodwill 336,219 336,219
Deposits and other assets 1,120,839 1,121,738
Total Other Assets 7,994,799 8,077,602
TOTAL ASSETS 12,625,208 12,506,228
CURRENT LIABILITIES:    
Accounts payable 282,233 300,878
Accrued compensation 855,127 740,947
Deferred revenue 4,472,148 4,276,071
Current portion of pension obligation 552,310 538,159
Contingent liability 0 140,828
Short term debt 316,667 316,667
Other accrued liabilities 936,419 992,052
Total Current Liabilities 7,414,904 7,305,602
Long-Term debt 38,888 55,555
Long-Term portion of pension obligation 5,454,865 5,534,531
Other long-term liabilities 101,807 103,237
Total Liabilities 13,010,464 12,998,925
STOCKHOLDERS' EQUITY:    
Common Stock, par value $.10; shares authorized, 40,000,000; 10,696,996 shares issued 1,069,699 1,069,699
Additional paid-in capital 22,935,709 22,906,932
Accumulated deficit (24,010,743) (24,091,174)
Treasury stock (80,225 shares, at cost) (385,757) (385,757)
Accumulated other comprehensive income 5,836 7,603
Total Stockholders' Equity (385,256) (492,697)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,625,208 $ 12,506,228