XML 26 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current assets    
Cash $ 31,559 $ 13,724
Accounts receivable 26,732 1,615
Total current assets 58,291 15,339
Property and equipment    
Fixtures and equipment 183,208 178,348
Less accumulated depreciation (135,402) (125,621)
Property and equipment 47,806 52,727
Capitalized software development costs    
Costs incurred 3,221,442 3,114,295
Less accumulated amortization (2,573,732) (2,463,347)
Capitalized software development costs 647,710 650,948
Other assets    
Debt issuance costs 50,387 60,305
TOTAL ASSETS 804,194 779,319
Current liabilities    
Accounts payable 683,538 619,304
Accrued interest and other liabilities 220,370 133,235
Notes payable-related party 73,095 70,761
Convertible note payable 104,274 49,024
Deferred revenue 142,167 28,267
Deferred rent, current portion 3,378 5,907
Total current liabilities 1,226,822 906,498
Long-term liabilities    
Debentures Series A and B, carrying value 829,290 776,007
Total long-term liabilities 829,290 776,007
Total Liabilities 2,056,112 1,682,505
Commitments and Contingencies      
STOCKHOLDERS' DEFICIT    
Common stock, $0.001 par value - 50,000,000 shares authorized, 37,020,197 and 36,131,432 37,020 36,131
Additional paid-in-capital 8,825,776 8,405,482
Other comprehensive loss (4,768) (8,299)
Accumulated Retained Earnings (10,109,946) (9,336,500)
Total Stockholders' Deficit (1,251,918) (903,186)
TOTAL LIABILTIES AND STOCKHOLDERS' DEFICIT $ 804,194 $ 779,319