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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash $ 4,084,686 $ 3,946,804
Accounts receivable, net of allowance for doubtful accounts of $83,789 and $23,000, respectively 10,759,250 7,586,129
Unbilled revenue 4,330 8,644
Prepaid expenses and other current assets 395,861 284,469
Total current assets 15,244,127 11,826,046
Property and equipment, net 2,306,279 1,615,223
Other assets    
Goodwill 9,853,342 5,760,808
Intangible assets, net of accumulated amortization 10,808,018 8,343,876
Other assets 36,070 15,186
Total other assets 20,697,430 14,119,870
Total assets 38,247,836 27,561,139
Current liabilities    
Accounts payable 13,614,053 9,280,779
Revolving credit line 4,900,000 0
Accrued expenses and other current liabilities 2,887,816 2,689,640
Total current liabilities 21,401,869 11,970,419
Long-term liabilities    
Deferred tax liability 2,331,900 3,738,500
Other long-term liabilities 426,725 326,428
Total long-term liabilities 2,758,625 4,064,928
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 28,897,616 and 25,300,189, respectively; outstanding shares 28,618,454 and 24,923,662, respectively 28,996 25,300
Additional paid-in capital 136,033,967 130,418,413
Accumulated deficit (120,579,062) (117,521,362)
Treasury stock, at cost - 376,527 shares (1,396,559) (1,396,559)
Total stockholders' equity 14,087,342 11,525,792
Total liabilities and stockholders' equity $ 38,247,836 $ 27,561,139