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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash $ 3,779,339 $ 3,714,525
Accounts receivable, net of allowance for doubtful accounts of $73,686 and $86,722, respectively 6,348,993 5,106,300
Unbilled revenue 29,038 23,541
Prepaid expenses and other current assets 286,577 299,873
Total current assets 10,443,947 9,144,239
Property and equipment, net 1,201,858 959,475
Other assets    
Goodwill 5,760,808 5,760,808
Intangible assets, net of accumulated amortization 9,789,539 9,530,322
Other assets 210,050 211,833
Total other assets 15,760,397 15,502,963
Total assets 27,406,202 25,606,677
Current liabilities    
Accounts payable 8,368,632 5,714,158
Accrued expenses and other current liabilities 4,175,373 3,704,464
Term and credit notes payable - current portion 666,667 959,942
Total current liabilities 13,210,672 10,378,564
Long-term liabilities    
Deferred tax liability 3,552,500 3,552,500
Term and credit notes payable - long term 833,334 2,666,667
Other long-term liabilities 581,052 735,211
Total long-term liabilities 4,966,886 6,954,378
Stockholders’ equity    
Preferred stock, $.001 par value: Authorized shares 500,000, none issued and outstanding 0 0
Common stock, $.001 par value: Authorized shares 40,000,000; issued shares 24,621,832 and 24,087,627, respectively; outstanding shares 24,245,305 and 23,711,100, respectively 24,645 24,087
Additional paid-in capital 128,617,793 128,734,759
Accumulated deficit (118,017,235) (119,088,552)
Treasury stock, at cost - 376,527 shares (1,396,559) (1,396,559)
Total stockholders' equity 9,228,644 8,273,735
Total liabilities and stockholders' equity $ 27,406,202 $ 25,606,677