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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,827,296 $ 1,011,472
Accounts receivable, net of allowances of $251,456 and $354,542, respectively 1,626,889 4,168,015
Prepaid expenses and other current assets 1,535,848 1,244,494
Contract assets, net 1,178,851 0
Total current assets 7,168,884 6,423,981
Property and equipment, net of accumulated depreciation of $18,137,451 and $17,926,959, respectively 443,145 636,112
Deferred tax assets, net 586,190 590,977
Software development costs, net 136,509 279,414
Other assets 965,932 992,760
Goodwill 4,150,339 4,150,339
Other intangible assets, net 105,375 141,631
Contract assets, net 939,930 0
Total assets 14,496,304 13,215,214
Current liabilities:    
Accounts payable 862,577 1,092,864
Accrued expenses 2,405,103 4,376,235
Short-term loan, net of debt issuance costs and discounts 0 370,151
Deferred revenue, net 6,859,592 11,760,327
Total current liabilities 10,127,272 17,599,577
Other long-term liabilities 1,673,545 1,154,512
Notes payable, net 2,530,012 0
Deferred tax liabilities, net 85,559 85,559
Deferred revenue, net 2,712,842 6,600,363
Total liabilities 17,129,230 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 $10,831,863 and $9,000,000, respectively 9,394,412 9,000,000
Stockholders' deficit:    
Common stock - $.001 par value, 800,000,000 and 100,000,000 shares authorized, respectively, 97,934,901 and 60,091,560 shares issued, respectively and 97,934,901 and 44,563,490 shares outstanding, respectively 97,932 60,090
Additional paid-in capital 112,548,108 168,637,157
Accumulated deficit (122,829,307) (130,930,284)
Common stock held in treasury, at cost (0 and 15,528,070 shares, respectively) 0 (57,032,917)
Accumulated other comprehensive loss, net (1,844,071) (1,958,843)
Total stockholders' deficit (12,027,338) (21,224,797)
Total liabilities and stockholders' deficit $ 14,496,304 $ 13,215,214