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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Accounts payable of consolidated variable interest entities (VIEs) without recourse to the Company $ 44,867 $ 8,598
Deferred revenue of VIEs without recourse to the Company 15,080 13,431
Accrued expenses of VIEs without recourse to the Company 280,038 303,766
Accrued salaries of VIEs without recourse to the Company 10,861 0
Other current liabilities of VIEs without recourse to the Company included in other current liabilities 298,422 269,854
Accrued license fees of VIEs without recourse to the Company $ 933,532 $ 348,007
Convertible redeemable preferred stock, issued (in shares) 7,000,000 7,000,000
Convertible redeemable preferred stock, outstanding (in shares) 7,000,000 7,000,000
Convertible redeemable preferred stock, liquidation preference $ 3,500,000 $ 3,500,000
Preferred Stock, Par Value Per Share $ 0.001 $ 0.001
Preferred Stock, Shares Authorized 16,500,000 16,500,000
Preferred Stock, Shares Issued 7,254,997 7,365,283
Preferred Stock, Shares Outstanding 7,254,997 7,365,283
Preferred Stock, Liquidation Preference, Value $ 12,696,245 $ 12,889,250
Common stock, par value (in dollars per share) $ 0.001 $ 0.001
Common stock, shares authorized (in shares) 1,500,000,000 1,500,000,000
Common stock, shares issued (in shares) 24,249,109 23,793,702
Common stock, shares outstanding 24,249,109 23,793,702