Other Long-Term Liabilities

6 Months Ended

Jun. 30, 2015

Other Liabilities Disclosure [Abstract]

Other Long-Term Liabilities

Other Long-Term Liabilities

Other long-term liabilities consist of the following as of:

	June 30, 2015		December 31, 2014
Contingent stock due for acquired domains, less current portion	$	477,249	$	—
Capital leases, less current portion	67,740		15,621
Deferred Arkansas grant, less current portion	36,063		142,276
Taxes payable	—		506,453
Deferred Rent	—		70,861
Total	$	581,052	$	735,211

In February 2015, we settled a disputed income tax claim with the State of New Jersey. The claim related to the 2007-2009 tax years and was settled for $100,000. As a result, the long-term taxes payable liability of $506,453 was adjusted to zero.

On May 8, 2015, we purchased two domain websites with a fair value of $715,874 (see Note 4). The purchase consideration is our common stock and is contingent upon the seller attaining specific performance targets over three years.