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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 4,563,260 $ 1,011,472
Accounts receivable, net of allowances of $292,490 and $354,542, respectively 3,118,556 4,168,015
Prepaid expenses and other current assets 1,415,950 1,244,494
Contract assets, net 1,624,533 0
Total current assets 10,722,299 6,423,981
Property and equipment, net of accumulated depreciation of $18,033,288 and $17,926,959, respectively 557,799 636,112
Deferred tax assets, net 618,078 590,977
Software development costs, net 236,991 279,414
Other assets 966,867 992,760
Goodwill 4,150,339 4,150,339
Other intangible assets, net 134,628 141,631
Contract assets, net 1,786,369 0
Total assets 19,173,370 13,215,214
Current liabilities:    
Accounts payable 1,271,429 1,092,864
Accrued expenses 2,622,150 4,376,235
Short-term loan, net of debt issuance costs and discounts 0 370,151
Deferred revenue, net 7,391,371 11,760,327
Total current liabilities 11,284,950 17,599,577
Other long-term liabilities 1,140,671 1,154,512
Notes payable, net 2,468,696 0
Warrant liability 4,143,000 0
Deferred tax liabilities, net 85,559 85,559
Deferred revenue, net 5,748,448 6,600,363
Total liabilities 24,871,324 25,440,011
Commitments and contingencies (Note 11)
Series A redeemable convertible preferred stock, $.001 par value, 2,000,000 shares authorized, 900,000 shares issued and outstanding, redemption value of $10,312,112 and $9,000,000, respectively 8,747,789 9,000,000
Stockholders' deficit:    
Common stock - $.001 par value, 100,000,000 shares authorized, 60,094,960 and 60,091,560 shares issued, respectively and 44,566,890 and 44,563,490 shares outstanding, respectively 60,090 60,090
Additional paid-in capital 166,063,948 168,637,157
Accumulated deficit (121,492,776) (130,930,284)
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 (2,044,088) (1,958,843)
Total stockholders' deficit (14,445,743) (21,224,797)
Total liabilities and stockholders' deficit $ 19,173,370 $ 13,215,214