v3.10.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash $ 4,117,388 $ 4,084,686
Accounts receivable, net of allowance for doubtful accounts of $73,727 and $83,789, respectively. 7,587,429 10,759,250
Prepaid expenses and other current assets 380,075 400,191
Total current assets 12,084,892 15,244,127
Property and equipment, net 2,359,696 2,306,279
Other assets    
Goodwill 9,853,342 9,853,342
Intangible assets, net of accumulated amortization 10,116,933 10,808,018
Other assets 35,170 36,070
Total other assets 20,005,445 20,697,430
Total assets 34,450,033 38,247,836
Current liabilities    
Accounts payable 10,262,768 13,614,053
Accrued expenses and other current liabilities 2,973,153 2,887,816
Revolving credit line 4,000,000 4,900,000
Total current liabilities 17,235,921 21,401,869
Long-term liabilities    
Deferred tax liability 2,331,900 2,331,900
Other long-term liabilities 306,163 426,725
Total long-term liabilities 2,638,063 2,758,625
Preferred stock:    
Preferred stock, $.001 par value: Authorized shares 500,000, none issued and outstanding 0 0
Common stock:    
Common stock, $.001 par value: Authorized shares 40,000,000; issued shares 29,173,725 and 28,994,981, respectively; outstanding shares 28,797,198 and 28,618,454, respectively 32,503 28,996
Additional paid-in capital 138,759,888 136,033,967
Accumulated deficit (122,819,783) (120,579,062)
Treasury stock, at cost - 376,527 shares (1,396,559) (1,396,559)
Total stockholders' equity 14,576,049 14,087,342
Total liabilities and stockholders' equity $ 34,450,033 $ 38,247,836

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