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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 3,431,763 $ 3,391,528
Accounts receivable, net of allowances of $289,814 and $260,676, respectively 3,525,036 5,003,972
Prepaid expenses and other current assets 1,237,323 1,245,085
Inventory 6,181 6,181
Total current assets 8,200,303 9,646,766
Property and equipment, net of accumulated depreciation of $18,225,602 and $18,580,547, respectively 989,719 1,174,942
Deferred tax assets, net 580,419 577,735
Software development costs, net 458,317 547,558
Other assets 1,026,401 973,949
Goodwill 4,150,339 4,150,339
Other intangible assets, net 208,851 209,456
Total assets 15,614,349 17,280,745
Current liabilities:    
Accounts payable 860,397 419,877
Accrued expenses 3,651,703 4,471,010
Deferred revenue, net 15,809,374 15,236,123
Total current liabilities 20,321,474 20,127,010
Other long-term liabilities 1,159,992 1,170,844
Deferred tax liabilities, net 260,896 254,776
Deferred revenue, net 7,640,759 8,430,692
Total liabilities 29,383,121 29,983,322
Commitments and contingencies
Series A redeemable convertible preferred stock, $.001 par value, 2,000,000 shares authorized, 900,000 shares issued and outstanding, redemption value of $9,000,000 9,000,000 9,000,000
Stockholders' deficit:    
Common stock - $.001 par value, 100,000,000 shares authorized, 59,682,569 and 59,482,989 shares issued, respectively and 44,154,499 and 43,954,919 shares outstanding, respectively 59,683 59,483
Additional paid-in capital 169,322,586 169,091,255
Accumulated deficit (133,094,882) (131,982,685)
Common stock held in treasury, at cost (15,528,070 and 15,528,070 shares, respectively) (57,032,917) (57,032,917)
Accumulated other comprehensive loss, net (2,023,242) (1,837,713)
Total stockholders' deficit (22,768,772) (21,702,577)
Total liabilities and stockholders' deficit $ 15,614,349 $ 17,280,745