2014 Q1 Form 10-K Financial Statement
#000121465914002277 Filed on March 27, 2014
Income Statement
Concept | 2014 Q1 | 2013 Q4 | 2012 Q4 |
---|---|---|---|
Revenue | $1.238M | $1.160M | $1.420M |
YoY Change | 34.56% | -18.31% | 1.43% |
Cost Of Revenue | $366.5K | $430.0K | $130.0K |
YoY Change | 53.2% | 230.77% | -40.91% |
Gross Profit | $871.2K | $730.0K | $1.290M |
YoY Change | 28.0% | -43.41% | 9.32% |
Gross Profit Margin | 70.39% | 62.93% | 90.85% |
Selling, General & Admin | $1.332M | $1.500M | $870.0K |
YoY Change | 51.92% | 72.41% | 67.31% |
% of Gross Profit | 152.91% | 205.48% | 67.44% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $90.91K | $100.0K | $30.00K |
YoY Change | 64.02% | 233.33% | 0.0% |
% of Gross Profit | 10.43% | 13.7% | 2.33% |
Operating Expenses | $1.332M | $1.600M | $890.0K |
YoY Change | 51.92% | 79.78% | 61.82% |
Operating Profit | -$551.9K | -$870.0K | $400.0K |
YoY Change | 123.45% | -317.5% | -36.51% |
Interest Expense | $20.00K | -$40.00K | |
YoY Change | -150.0% | 0.0% | |
% of Operating Profit | -10.0% | ||
Other Income/Expense, Net | $66.25K | ||
YoY Change | -144.19% | ||
Pretax Income | -$441.8K | -$850.0K | $360.0K |
YoY Change | 54.44% | -336.11% | -38.98% |
Income Tax | -$179.3K | -$300.0K | $0.00 |
% Of Pretax Income | 0.0% | ||
Net Earnings | -$262.5K | -$550.0K | $360.0K |
YoY Change | -45.51% | -252.78% | -38.98% |
Net Earnings / Revenue | -21.21% | -47.41% | 25.35% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$329.1K | -$696.2K | |
COMMON SHARES | |||
Basic Shares Outstanding | 6.316M shares | 6.318M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q1 | 2013 Q4 | 2012 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $18.33M | $18.74M | $1.120M |
YoY Change | -11.75% | 1573.21% | -57.41% |
Cash & Equivalents | $10.83M | $18.74M | $868.3K |
Short-Term Investments | $7.500M | $0.00 | $250.0K |
Other Short-Term Assets | $350.0K | $100.0K | $60.00K |
YoY Change | 59.09% | 66.67% | |
Inventory | |||
Prepaid Expenses | $99.09K | $63.98K | |
Receivables | $960.0K | $1.218M | $1.923M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $19.64M | $20.05M | $3.107M |
YoY Change | -9.7% | 545.5% | -26.56% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $60.50K | $54.78K | $34.86K |
YoY Change | 21.0% | 57.13% | 16.21% |
Goodwill | $735.3K | $735.3K | $735.3K |
YoY Change | 0.0% | ||
Intangibles | $90.40K | ||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $570.0K | $860.0K | |
YoY Change | 2750.0% | 1620.0% | |
Total Long-Term Assets | $2.115M | $1.966M | $2.020M |
YoY Change | 69.18% | -2.64% | 112.61% |
TOTAL ASSETS | |||
Total Short-Term Assets | $19.64M | $20.05M | $3.107M |
Total Long-Term Assets | $2.115M | $1.966M | $2.020M |
Total Assets | $21.76M | $22.02M | $5.126M |
YoY Change | -5.41% | 329.54% | -1.03% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $399.6K | $223.0K | $265.0K |
YoY Change | 33.18% | -15.87% | 6.01% |
Accrued Expenses | $263.5K | $188.5K | $85.33K |
YoY Change | 120.87% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.519M | $1.521M | $850.3K |
YoY Change | 18.69% | 78.88% | 112.59% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $1.490M |
YoY Change | -100.0% | 0.0% | |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $1.490M |
YoY Change | -100.0% | 0.0% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.519M | $1.521M | $850.3K |
Total Long-Term Liabilities | $0.00 | $0.00 | $1.490M |
Total Liabilities | $1.520M | $1.521M | $2.338M |
YoY Change | 2.7% | -34.95% | 23.07% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.699M | -$1.436M | |
YoY Change | |||
Common Stock | $63.18K | $63.18K | $34.88K |
YoY Change | 81.15% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $11.26K | $11.26K | |
YoY Change | |||
Treasury Stock Shares | 2.200K shares | 2.200K shares | 0.000 shares |
Shareholders Equity | $20.24M | $20.50M | $2.788M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $21.76M | $22.02M | $5.126M |
YoY Change | -5.41% | 329.54% | -1.03% |
Cashflow Statement
Concept | 2014 Q1 | 2013 Q4 | 2012 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$262.5K | -$550.0K | $360.0K |
YoY Change | -45.51% | -252.78% | -38.98% |
Depreciation, Depletion And Amortization | $90.91K | $100.0K | $30.00K |
YoY Change | 64.02% | 233.33% | 0.0% |
Cash From Operating Activities | -$347.1K | -$930.0K | $600.0K |
YoY Change | -138.53% | -255.0% | -13.04% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $11.60K | -$120.0K | -$250.0K |
YoY Change | -52.93% | -52.0% | 733.33% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$7.500M | $10.00K | $0.00 |
YoY Change | -75100.0% | -100.0% | |
Cash From Investing Activities | -$7.560M | -$110.0K | -$250.0K |
YoY Change | 6717.06% | -56.0% | -308.33% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -50.00K | -1.370M | |
YoY Change | -96.35% | 813.33% | |
NET CHANGE | |||
Cash From Operating Activities | -$347.1K | -930.0K | 600.0K |
Cash From Investing Activities | -$7.560M | -110.0K | -250.0K |
Cash From Financing Activities | -50.00K | -1.370M | |
Net Change In Cash | -$7.907M | -1.090M | -1.020M |
YoY Change | -140.25% | 6.86% | -254.55% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$347.1K | -$930.0K | $600.0K |
Capital Expenditures | $11.60K | -$120.0K | -$250.0K |
Free Cash Flow | -$358.7K | -$810.0K | $850.0K |
YoY Change | -140.93% | -195.29% | 18.06% |
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<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div style="DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: justify; TEXT-INDENT: 0pt"> <!--StartFragment--> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: left; TEXT-INDENT: 0pt"> <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Concentrations of Credit Risk -</font> Financial instruments, which potentially subject the Company to concentration of credit risk, consist principally of cash and cash equivalents and accounts receivable. The Company places its cash with high credit quality institutions. At times, such amounts may be in excess of the FDIC insurance limits. The Company has not experienced any losses in such accounts and believes that it is not exposed to any significant credit risk on the account.</div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: justify; TEXT-INDENT: 0pt"> </div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: left; TEXT-INDENT: 0pt"> With respect to accounts receivables, concentrations of credit risk are limited to two customers in the on-line employment and distance education industries (Note 13).</div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: justify; TEXT-INDENT: 0pt"> </div> <!--EndFragment--></div> </div> | |
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DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
USD | |
CY2013 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
330147 | USD |
CY2012Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
USD | |
CY2013Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
85221 | USD |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.0126 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0658 | pure |
CY2012 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
112943 | USD |
CY2013 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
281648 | USD |
CY2012 | us-gaap |
Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
|
2900000 | USD |
CY2013 | us-gaap |
Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
|
200000 | USD |
CY2012 | us-gaap |
Dividends
Dividends
|
2900000 | USD |
CY2013 | us-gaap |
Dividends
Dividends
|
200000 | USD |
CY2012 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.65 | |
CY2013 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.23 | |
CY2012 | us-gaap |
Earnings Per Share Diluted Pro Forma Adjustment
EarningsPerShareDilutedProFormaAdjustment
|
0.38 | |
CY2013 | us-gaap |
Earnings Per Share Diluted Pro Forma Adjustment
EarningsPerShareDilutedProFormaAdjustment
|
-0.17 | |
CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.2095 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.2095 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
|
0.0012 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.0032 | pure |
CY2012Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1094 | USD |
CY2013Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
41930 | USD |
CY2013 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
-319114 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
331401 | USD |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
596588 | USD |
CY2011Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
229897 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
734291 | USD |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1289099 | USD |
CY2011Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
376044 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
402890 | USD |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
692511 | USD |
CY2012 | us-gaap |
Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
|
358247 | USD |
CY2013 | us-gaap |
Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
|
354808 | USD |
CY2012 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
-5530 | USD |
CY2013 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
-7640 | USD |
CY2012 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
USD | |
CY2013 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
4158 | USD |
CY2012 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1222158 | USD |
CY2013 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2268118 | USD |
CY2012Q4 | us-gaap |
Goodwill
Goodwill
|
635671 | USD |
CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
735328 | USD |
CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2371691 | USD |
CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1817219 | USD |
CY2012 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
CY2013 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
CY2012 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2013 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-380832 | USD |
CY2012 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
157403 | USD |
CY2013 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-46294 | USD |
CY2012 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
18041 | USD |
CY2013 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-756122 | USD |
CY2012 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-169346 | USD |
CY2013 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
85812 | USD |
CY2012 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
USD | |
CY2013 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
524420 | USD |
CY2012 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
102026 | USD |
CY2013 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
16881 | USD |
CY2012Q4 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
USD | |
CY2012 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
63982 | USD |
CY2013 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
28445 | USD |
CY2012 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-2144 | USD |
CY2013 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
11067 | USD |
CY2012Q4 | us-gaap |
Indefinite Lived Trade Names
IndefiniteLivedTradeNames
|
90400 | USD |
CY2013Q4 | us-gaap |
Indefinite Lived Trade Names
IndefiniteLivedTradeNames
|
90400 | USD |
CY2012 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
13095 | USD |
CY2013 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
25765 | USD |
CY2012 | us-gaap |
Interest Expense
InterestExpense
|
172411 | USD |
CY2013 | us-gaap |
Interest Expense
InterestExpense
|
155136 | USD |
CY2012 | us-gaap |
Interest Paid
InterestPaid
|
USD | |
CY2013 | us-gaap |
Interest Paid
InterestPaid
|
USD | |
CY2012 | us-gaap |
Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
|
370 | USD |
CY2013 | us-gaap |
Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
|
USD | |
CY2012 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
43000 | USD |
CY2013 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
76000 | USD |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
2338240 | USD |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
1521064 | USD |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
5126448 | USD |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
22020197 | USD |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
850340 | USD |
CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1521064 | USD |
CY2012Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
1487900 | USD |
CY2013Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
USD | |
CY2012 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-159316 | USD |
CY2013 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-137011 | USD |
CY2012Q4 | us-gaap |
Notes Payable
NotesPayable
|
1487900 | USD |
CY2013Q4 | us-gaap |
Notes Payable
NotesPayable
|
0 | USD |
CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2531007 | USD |
CY2013 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2010355 | USD |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
137902 | USD |
CY2013 | us-gaap |
Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
|
27000 | USD |
CY2013Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
2092000 | USD |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
99589 | USD |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
38313 | USD |
CY2013Q4 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
200000 | USD |
CY2012Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
251349 | USD |
CY2013Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
USD | |
CY2012 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
USD | |
CY2013 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
-7640 | USD |
CY2012 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
29699 | USD |
CY2013 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-9143 | USD |
CY2012 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
780000 | USD |
CY2013 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
813000 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3773730 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
18753387 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-230108 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-469701 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2617701 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-415485 | USD |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2371691 | USD |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1436387 | USD |
CY2013 | us-gaap |
Operating Loss Carryforwards Expiration Date
OperatingLossCarryforwardsExpirationDate
|
2033-12-31 | |
CY2012Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
31344 | USD |
CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
36350 | USD |
CY2013Q4 | us-gaap |
Other Commitment
OtherCommitment
|
200000 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
2449 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
7640 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-2449 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-7640 | USD |
CY2012 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
29699 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
USD | |
CY2012 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
107610 | USD |
CY2013 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
USD | |
CY2012 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
USD | |
CY2013 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
11255 | USD |
CY2012 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
697730 | USD |
CY2013 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
509923 | USD |
CY2012 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
USD | |
CY2013 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
135945 | USD |
CY2012 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
20513 | USD |
CY2013 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
38424 | USD |
CY2012 | us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
USD | |
CY2013 | us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
200000 | USD |
CY2013Q2 | us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
200000 | USD |
CY2012 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
358247 | USD |
CY2013 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
354808 | USD |
CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2012Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
63982 | USD |
CY2013Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
99094 | USD |
CY2012 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
USD | |
CY2013 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
19474565 | USD |
CY2012 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
150796 | USD |
CY2013 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
242206 | USD |
CY2012 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
USD | |
CY2013 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
6203 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
98519 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
120709 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
34863 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
54781 | USD |
CY2012 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
176000 | USD |
CY2013 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
USD | |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
USD | |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1436387 | USD |
CY2013 | us-gaap |
Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
|
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div style="DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: justify; TEXT-INDENT: 0pt"> <!--StartFragment--> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: left; TEXT-INDENT: 0pt"> <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Deferred Revenue -</font> Deferred revenue includes customer deposits received prior to performing services which are recognized as revenue when revenue recognition criteria are met.</div> <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /> </div> <!--EndFragment--></div> </div> | |
CY2012 | us-gaap |
Revenues
Revenues
|
6154111 | USD |
CY2013 | us-gaap |
Revenues
Revenues
|
4034644 | USD |
CY2012 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
4000000 | USD |
CY2013 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
2468382 | USD |
CY2012Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
23711 | USD |
CY2013Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
12644 | USD |
CY2012 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1482556 | USD |
CY2013 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2346847 | USD |
CY2013 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
-61718 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2788208 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20499133 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3284369 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1643036 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
17717034 | USD |
CY2013Q2 | us-gaap |
Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
|
1000000 | USD |
CY2012Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
28199 | USD |
CY2013Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
USD | |
CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
11255 | USD |
CY2013 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
11255 | USD |
CY2012Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
0 | shares |
CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
2200 | shares |
CY2013 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
2200 | shares |
CY2012Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
USD | |
CY2013 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: left; TEXT-INDENT: 0pt"> <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Accounting Estimates -</font> The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Significant areas that required management to make estimates and assumption that affect the amounts and disclosures in the financial statements include revenue recognition, valuation of goodwill, trade name and URL, costs capitalized to develop technology and the Company's estimated useful lives of assets. Actual results could differ from those estimates.</div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: justify; TEXT-INDENT: 0pt"> </div> <!--EndFragment--></div> </div> | |
CY2012 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
3693227 | shares |
CY2013 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6318085 | shares |