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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Operating activities:    
Net loss $ (3,057,700) $ (772,584)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 3,029,801 2,209,738
Stock based compensation 1,279,807 1,264,266
Write-off of publisher payable 315,137 0
Provision for doubtful accounts 60,789 5,800
Amortization of financing fees 25,600 25,600
Adjustment of European liabilities related to discontinued operations 1,109 (176,988)
Deferred income taxes (1,406,600) (61,100)
Change in operating assets and liabilities:    
Accounts payable 437,241 (622,548)
Prepaid expenses and other assets 52,687 219,656
Accounts receivable and unbilled revenue (1,216,611) (583,082)
Accrued expenses and other liabilities (669,541) (420,875)
Other 0 (34,864)
Net cash (used in) provided by operating activities (1,148,281) 1,053,019
Investing activities:    
Net cash received from NetSeer asset acquisition 235,763 0
Purchases of equipment and capitalized development costs (1,558,693) (1,116,371)
Net cash used in investing activities (1,322,930) (1,116,371)
Financing activities:    
Net proceeds on revolving line of credit 4,900,000 0
Prepaid financing fees 25,600 25,600
Payoff of NetSeer debt acquired (2,015,577) 0
Payments on capital leases (158,782) (46,313)
Net taxes paid on RSU grants exercised (97,376) (203,836)
Treasury Stock Repurchase (44,772) (22,499)
Net cash provided by (used in) financing activities 2,609,093 (247,048)
Net change – cash 137,882 (310,400)
Cash, beginning of year 3,946,804 4,257,204
Cash, end of year 4,084,686 3,946,804
Supplemental information:    
Interest paid 268,960 72,751
Income taxes paid, net of refund 0 26,000
Non-cash investing and financing activities:    
NetSeer asset acquisition (See Note 15) 4,459,244 0
Purchase of property and equipment under capital lease 530,407  
Write-down of domain names due to settlement of contingent liability 369,506 43,367
Stock issuance for partial settlement of contingent liability $ 0 $ 300,001