General form of registration statement for all companies including face-amount certificate companies

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.2.0.727
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CURRENT ASSETS:      
Cash $ 1,185,943 $ 1,048,660 $ 497,944
Accounts receivable - net of allowance for doubtful accounts 2,933,072 3,007,314 1,009,416
Current assets - related party 24,284 24,284 23,840
Prepaid expenses 320,211 315,901 49,660
Other current assets 267,492 188,541 165,018
Deferred income taxes   0 41,829
Total current assets 4,731,002 4,584,700 1,787,707
PROPERTY AND EQUIPMENT - Net 1,427,424 1,444,334 505,344
INTANGIBLE ASSETS - Net 7,315,899 8,377,837 1,534,780
GOODWILL 8,560,336 8,560,336 344,000
OTHER ASSETS 162,597 140,053 1,600,783
TOTAL ASSETS 22,197,258 23,107,260 5,772,614
CURRENT LIABILITIES:      
Accounts payable 694,376 1,082,342 200,469
Accrued compensation 597,078 836,525 262,523
Accrued expenses 1,257,981 1,113,108 422,373
Accrued IPO costs   0 430,125
Deferred rent 18,371 12,683 11,667
Deferred revenue 25,700 37,508 56,686
Accrued liability to related party 134,794 153,931 93,596
Borrowings under line of credit 3,000,000 1,215,000 1,015,000
Note payable - related party 470,089 470,089 0
Notes payable - other (current portion) 346,898 596,616 916,104
Contingent consideration 1,930,440 2,626,323 0
Total current liabilities 8,475,727 8,144,125 3,408,543
NOTES PAYABLE      
Note payable - related party   0 735,680
Notes payable - other 43,100 48,564 425,587
Note payable - convertible note   0 472,429
Notes Payable, Noncurrent   48,564 1,633,696
OTHER LONG-TERM LIABILITIES   0 38,142
DEFERRED RENT 536,866 551,343 519,000
DEFERRED REVENUE 41,344 42,631 54,736
Total liabilities $ 9,097,037 $ 8,786,663 $ 5,654,117
COMMITMENTS AND CONTINGENCIES      
SHAREHOLDERS' EQUITY:      
Preferred stock value, issued $ 0 $ 0 $ 0
Common stock value, issued 9,659 9,712 5,102
Additional paid-in capital 18,966,352 18,979,976 251,628
(Accumulated deficit) retained earnings (5,626,039) (4,460,129) 49,121
Accumulated other comprehensive loss (249,751) (208,962) (187,354)
Total shareholders' equity 13,100,221 14,320,597 118,497
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 22,197,258 $ 23,107,260 $ 5,772,614