CFN Enterprises (CNFN) 10-Q 13 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 11, 2015
Entity Registrant Name	ACCELERIZE INC.
Entity Central Index Key	1,352,952
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		62,914,540
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Current Assets:
Cash	$ 403,674	$ 1,130,667
Accounts receivable, net of allowance for bad debt of $5,364 and $212,113, respectively	2,286,592	1,749,566
Prepaid expenses and other assets	402,846	204,268
Total current assets	3,093,112	3,084,501
Property and equipment, net of accumulated depreciation of $1,322,431 and $826,802, respectively	$ 1,450,304	1,424,858
Customer relationships, net of accumulated amortization of $1,000,000 and $703,704, respectively		296,296
Deferred financing costs, net of accumulated amortization of $37,899 and $19,317, respectively	$ 59,957	37,750
Other assets	134,564	132,988
Total assets	4,737,937	4,976,393
Current Liabilities:
Accounts payable and accrued expenses	1,689,693	1,202,495
Deferred revenues	57,134	$ 206,475
Other current liabilities	2,310
Total current liabilities	1,749,137	$ 1,408,970
Line of credit	4,500,000	2,900,000
Total liabilities	$ 6,249,137	$ 4,308,970
Commitments and contingencies
Stockholders' Equity (Deficit):
Common stock; $0.001 par value; 100,000,000 shares authorized; 62,837,351 and 62,816,554 shares issued and outstanding, respectively	$ 62,836	$ 62,815
Additional paid-in capital	20,791,623	19,618,153
Accumulated deficit	(22,356,716)	(19,002,574)
Accumulated other comprehensive income	(8,943)	(10,971)
Total stockholders’ equity (deficit)	(1,511,200)	667,423
Total liabilities and stockholders’ equity (deficit)	$ 4,737,937	$ 4,976,393

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Accounts receivable, allowance for bad debt	$ 5,364	$ 212,113
Property and equipment, accumulated depreciation	1,322,431	826,802
Customer relationships, net of accumulated amortization	1,000,000	703,704
Deferred financing costs, net of accumulated amortization	$ 37,899	$ 19,317
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	62,837,351	62,816,554
Common stock, shares outstanding (in shares)	62,837,351	62,816,554

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues:	$ 5,465,824	$ 3,906,409	$ 10,665,486	$ 7,333,606
Cost of revenue	1,591,345	1,049,668	2,909,111	1,838,767
Gross profit	3,874,479	2,856,741	7,756,375	5,494,839
Operating expenses:
Research and development	1,326,410	600,259	2,201,792	1,177,045
Sales and marketing	1,915,053	1,400,559	4,048,977	3,023,008
General and administrative	2,351,430	1,567,342	4,805,876	2,370,510
Total operating expenses	5,592,893	3,568,160	11,056,645	6,570,563
Operating loss	(1,718,414)	(711,419)	(3,300,270)	(1,075,724)
Other income (expense):
Interest income	21,387	7,044	54,365	7,044
Interest expense	(62,893)	(2,112)	(108,237)	(5,421)
Total other (expenses)	(41,506)	4,932	(53,872)	1,623
Net loss	$ (1,759,920)	$ (706,487)	$ (3,354,142)	$ (1,074,101)
Loss per share:
Basic (in dollars per share)	$ (0.03)	$ (0.01)	$ (0.05)	$ (0.02)
Diluted (in dollars per share)	$ (0.03)	$ (0.01)	$ (0.05)	$ (0.02)
Basic weighted average common shares outstanding (in shares)	62,835,140	60,026,430	62,833,091	59,401,930
Diluted weighted average common shares outstanding (in shares)	62,835,140	60,026,430	62,833,091	59,401,930

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Comprehensive Loss - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net loss	$ (1,759,920)	$ (706,487)	$ (3,354,142)	$ (1,074,101)
Foreign currency translation gain	8,571	1,069	2,028	2,399
Total other comprehensive gain	8,571	1,069	2,028	2,399
Comprehensive loss	$ (1,751,349)	$ (705,418)	$ (3,352,114)	$ (1,071,702)

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net loss	$ (3,354,142)	$ (1,074,101)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	791,926	578,278
Amortization of debt discount	18,583	3,750
Provision for bad debt	(206,749)	(20,628)
Fair value of options	1,126,615	287,985
Changes in operating assets and liabilities:
Accounts receivable	(330,277)	(525,412)
Prepaid expenses	(196,268)	45,314
Accounts payable and accrued expenses	446,136	9,160
Deferred revenues	(149,341)	(38,007)
Other assets	(1,576)	(38,006)
Net cash used in operating activities	(1,855,093)	(771,667)
Cash flows from investing activities:
Capitalized software for internal use	(368,041)	(311,106)
Capital expenditures	(115,473)	(186,997)
Net cash used in investing activities	(483,514)	(498,103)
Cash flows from financing activities:
Proceeds from line of credit	$ 1,600,000	1,000,000
Payment of financing costs		(40,000)
Net proceeds from exercise of options and warrants	$ 9,586	571,219
Net cash provided by financing activities	1,609,586	1,531,219
Effect of exchange rate changes on cash	2,028	2,399
Net (decrease) increase in cash	(726,993)	263,848
Cash, beginning of period	1,130,667	1,157,315
Cash, end of period	403,674	$ 1,421,163
Supplemental disclosures of cash flow information:
Cash paid for interest	88,300
Cash paid for income taxes	0	$ 0
Non-cash investing and financing activities:
Fair value of warrants issued in connection with line of credit	37,289	$ 32,067
Capital expenditure included in accounts payable	$ 37,561

Note 1 - Organization and Descr

Note 1 - Organization and Description of Business	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1: ORGANIZATION AND DESCRIPTION OF BUSINESS Accelerize Inc., a Delaware corporation, incorporated on November 22, 2005, owns and operates CAKE, a Software-as-a-Service, or SaaS, platform providing online tracking and analytics solutions for advertisers and online marketers. The Company provides software solutions for businesses interested in expanding their online advertising spend. The condensed consolidated balance sheet presented as of December 31, 2014 has been derived from our audited consolidated financial statements. The unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures normally included in the annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America, have been omitted pursuant to those rules and regulations, but we believe that the disclosures are adequate to make the information presented not misleading. The unaudited condensed consolidated financial statements and notes included herein should be read in conjunction with the annual financial statements and notes for the year ended December 31, 2014 included in our Annual Report on Form 10-K filed with the SEC on March 19, 2015. In the opinion of management, all adjustments, consisting of normal, recurring adjustments and disclosures necessary for a fair presentation of these interim statements have been included. The results of operations for the three and six-month periods ended June 30, 2015 are not necessarily indicative of the results for the year ending December 31, 2015. Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the results of operations of Cake Marketing UK Ltd., or the Subsidiary. All material intercompany accounts and transactions between the Company and the Subsidiary have been eliminated in consolidation.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America 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 reporting amounts of revenues and expenses during the reported period. Actual results will differ from those estimates. Included in these estimates are assumptions about collection of accounts receivable, useful life of fixed assets and intangible assets, and assumptions used in Black-Scholes-Merton, or BSM, valuation methods, such as expected volatility, risk-free interest rate, and expected dividend rate. Reclassification The financial statements for the three and six-month periods ended June 30, 2014 have been reclassified to reflect the increase in personnel last year which allowed for more clearly defined roles and allocation of certain unallocated general and administrative expenses to the Company’s functional areas. Cash and Cash Equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less when purchased, to be cash equivalents. Accounts Receivable The Company’s accounts receivable are due primarily from advertisers and marketers. Collateral is currently not required. The Company also maintains allowances for doubtful accounts for estimated losses resulting from the inability of the Company’s customers to make payments. The Company periodically reviews these estimated allowances, including an analysis of the customers’ payment history and creditworthiness, the age of the trade receivable balances and current economic conditions that may affect a customer’s ability to make payments as well as historical collection trends for its customers as a whole. Based on this review, the Company specifically reserves for those accounts deemed uncollectible or likely to become uncollectible. When receivables are determined to be uncollectible, principal amounts of such receivables outstanding are deducted from the allowance. June 30, 2015 December 31, 2014 Allowance for doubtful accounts $ 5,364 $ 212,113 Concentration of Credit Risks The Company is subject to concentrations of credit risk primarily from cash and cash equivalents and accounts receivable. The Company’s cash and cash equivalents accounts are held at a financial institution and are insured by the Federal Deposit Insurance Corporation, or the FDIC, up to $250,000. During the six-month period ended June 30, 2015, the Company has reached bank balances exceeding the FDIC insurance limit. To reduce its risk associated with the failure of such financial institutions, the Company periodically evaluates the credit quality of the financial institution in which it holds deposits. The Company's accounts receivable are due from customers, generally located in the United States, Europe, Asia, and Canada. None of the Company’s customers accounted for more than 10% of its accounts receivable at June 30, 2015 or December 31, 2014. The Company does not require any collateral from its customers. Revenue Recognition The Company recognizes revenue on arrangements in accordance with ASC Topic 605, Revenue Recognition. Revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service is performed, and collectability of the resulting receivable is reasonably assured. The Company’s SaaS revenues are generated from implementation and training fees and a monthly license fee, supplemented by per transaction fees paid by customers for monthly platform usage. The initial term of the customer contract is generally one year with one of two general cancellation policies. Each party may cancel the contract within the initial period or after the initial period, with 30-days’ prior notice. The Company does not provide any general right of return for its delivered items. Services associated with the implementation and training fees have standalone value to the Company’s customers, as there are third-party vendors who offer similar services to the Company’s services. Accordingly, they qualify as separate units of accounting. The Company allocates a fair value to each element deliverable at the recognition date and recognizes such value when the services are provided. The Company bases the fair value of the implementation and training fees on third-party evidence and the monthly license fee on vendor-specific objective evidence. Fees charged by third-party vendors for implementation and training services do not vary significantly from the fees charged by the Company. Services associated with implementation and training fees are generally rendered within a month from the initial contract date. The value attributed to the monthly license fees as well as the fees associated with monthly transaction-based platform usage are recognized in the corresponding period. Product Concentration The Company generates its revenues from software licensing, usage, and related transaction fees. Fair Value of Financial Instruments The Company accounts for assets and liabilities measured at fair value on a recurring basis in accordance with ASC Topic 820, Fair Value Measurements and Disclosures, or ASC 820. ASC 820 establishes a common definition for fair value to be applied to existing generally accepted accounting principles that require the use of fair value measurements, establishes a framework for measuring fair value, and expands disclosure about such fair value measurements. ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, ASC 820 requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized below: Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. Aditional Disclosures Regarding Fair Value Measurements The carrying value of cash and cash equivalents, accounts receivable, accounts payable, accrued expenses, and lines of credit approximate their fair value due to the short term maturity of these items. Advertising The Company expenses advertising costs as incurred. Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Advertising expense $ 83,586 $ 87,099 $ 235,083 $ 119,310 Income Taxes Income taxes are accounted for in accordance with the provisions of ASC Topic 740, Accounting for Income Taxes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amounts expected to be realized, but no less than quarterly. Foreign Currency Translation The Company’s reporting currency is U.S. Dollars. The functional currency of the Company’s Subsidiary in the United Kingdom is British Pounds. The translation from British Pounds to U.S. Dollars is performed for balance sheet accounts using exchange rates in effect at the balance sheet date and for revenue and expense accounts using the average exchange rate in effect during the period. The resulting translation adjustments are recorded as a component of Accumulated Other Comprehensive Income (Loss). Foreign currency translation gains and losses arising from exchange rate fluctuation on transactions denominated in a currency other than the functional currency are included in the unaudited condensed consolidated statements of operations. Software Development Costs Costs incurred in the research and development of software products and significant upgrades and enhancements thereto during the preliminary project stage and the post-implementation operation stage are expensed as incurred. Costs incurred for maintenance and relatively minor upgrades and enhancements are expensed as incurred. Costs associated with the application development stage of new software products and significant upgrades and enhancements thereto are capitalized when 1) management implicitly or explicitly authorizes and commits to funding a software project and 2) it is probable that the project will be completed and the software will be used to perform the function intended. The Company capitalized internal-use software development costs of $368,041 during the six-months ended June 30, 2015. The Company amortizes such costs once the new software products and significant upgrades and enhancements are completed. The unamortized internal-use software development costs amounted to $870,634 and $841,724 at June 30, 2015 and December 31, 2014, respectively. The Company’s amortization expenses associated with capitalized software development costs amounted to $175,278 and $339,132 during the three and six-month periods ended June 30, 2015, respectively, and $109,438 and $167,461 during the three and six-month periods ended June 30, 2014, respectively. Amortization of internal-use software is reflected in cost of revenues. Share-Based Payment The Company accounts for stock-based compensation in accordance with ASC Topic 718, Compensation-Stock Compensation, or ASC 718. Under the fair value recognition provisions of this topic, stock-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as an expense on a straight-line basis over the requisite service period, which is the vesting period. The Company has elected to use the BSM option-pricing model to estimate the fair value of its options, which incorporates various subjective assumptions including volatility, risk-free interest rate, expected life, and dividend yield to calculate the fair value of stock option awards. Compensation expense recognized in the statements of operations is based on awards ultimately expected to vest and reflects estimated forfeitures. ASC 718 requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. Segment Reporting The Company generated revenues from one source, its SaaS business, during the three and six-month periods ended June 30, 2015 and 2014. The Company's chief operating decision maker evaluates the performance of the Company based upon revenues and expenses by functional areas as disclosed in the Company's statements of operations. Recent Accounting Pronouncements Recent accounting pronouncements have been issued but deemed by management to be outside the scope of relevance to the Company. Basic and Diluted Earnings Per Share Basic earnings per share are calculated by dividing income available to stockholders by the weighted-average number of common shares outstanding during each period. Diluted earnings per share are computed using the weighted average number of common and dilutive common share equivalents outstanding during the period. Dilutive common share equivalents consist of shares issuable upon the exercise of stock options and warrants (calculated using the modified-treasury stock method). Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Numerator: Net loss $ (1,759,920 ) $ (706,487 ) $ (3,354,142 ) $ (1,074,101 ) Denominator: Denominator for basic earnings per share--weighted average shares 62,835,140 60,026,430 62,833,091 59,401,930 Effect of dilutive securities- when applicable: Stock options - - - - Warrants - - - - Denominator for diluted earnings per share--adjusted weighted-average shares and assumed conversions 62,835,140 60,026,430 62,833,091 59,401,930 Loss per share: Basic $ (0.03 ) $ (0.01 ) $ (0.05 ) $ (0.02 ) Diluted $ (0.03 ) $ (0.01 ) $ (0.05 ) $ (0.02 ) Weighted-average anti-dilutive common share equivalents 15,159,042 15,544,549 17,443,244 15,822,329 Property and Equipment Property and equipment are recorded at cost and are depreciated on a straight-line basis over their estimated useful lives of three years. Maintenance and repairs are charged to expense as incurred. Significant renewals and betterments are capitalized Property and equipment consist of the following at: June 30, 2015 December 31, 2014 Internal use software costs $ 1,657,408 $ 1,289,367 Computer equipment and software 582,000 476,963 Office furniture and equipment 224,579 187,263 Leasehold improvements 308,748 298,067 2,772,735 2,251,660 Accumulated depreciation (1,322,431 ) (826,802 ) $ 1,450,304 $ 1,424,858 Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Depreciation expense $ 83,996 $ 45,137 $ 156,498 $ 77,484 Amortization expense on internal software $ 175,278 $ 109,438 $ 339,132 $ 167,461

Note 3 - Prepaid Expenses

Note 3 - Prepaid Expenses	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Other Assets Disclosure [Text Block]	NOTE 3: PREPAID EXPENSES At June 30, 2015 and December 31, 2014, the Company’s prepaid expenses consisted primarily of prepaid insurance and rent.

Note 4 - Customer Relationships

Note 4 - Customer Relationships	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	NOTE 4: CUSTOMER RELATIONSHIPS During November 2013, the Company completed its acquisition of certain customer relationships of a former competitor. Pursuant to the acquisition, the Company paid $1 million payable in four installments of $250,000 every quarter, beginning March 2014. The Company paid the final installment of $250,000 in December 2014 and has no outstanding balance under this arrangement. The Company has capitalized the acquisition cost, which approximates fair value of the customer relationships, which amounts to $1,000,000 as is fully amortized at June 30, 2015. The Company amortizes such customer relationships over a period of 18 months. The Company incurred amortization expense related to the customer relationships of $129,631 and $296,296 during the three and six-month periods ended June 30, 2015, respectively and $166,667 and $333,334 during the three and six-month periods ended June 30, 2014, respectively.

Note 5 - Deferred Revenues

Note 5 - Deferred Revenues	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Deferred Revenue Disclosure [Text Block]	NOTE 5: DEFERRED REVENUES The Company’s deferred revenues consist of prepayments made by certain of the Company’s customers and undelivered implementation and training fees. The Company decreases the deferred revenues by the amount of the services it renders to such clients when provided. June 30, 2015 December 31, 2014 Deferred revenues $ 57,134 $ 206,475

Note 6 - Line of Credit

Note 6 - Line of Credit	6 Months Ended
	Jun. 30, 2015
Line of Credit [Member]
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 6: LINE OF CREDIT On September 30, 2014, the Company entered into an amendment of its line of credit, or the Line of Credit, with Square 1 Bank, or the Lender, to borrow up to a maximum of $6,000,000 at the Company’s discretion, an increase from up to $3,000,000 that the Company was permitted to borrow under the original Line of Credit entered into on March 17, 2014. Amounts borrowed will accrue interest at the prime rate in effect from time to time plus 1.25%, not to be less than 5.5% per annum, provided that in no event shall the accrued interest payable with respect to any month be less than $10,000. Accrued interest on amounts borrowed is payable monthly and all other amounts borrowed will be payable in full on the maturity date of March 17, 2016, which maturity date may be extended to March 17, 2017 if the Company provides the Lender with a fully-funded business plan acceptable to the Lender by January 15, 2016 and no event of default has occurred. The Line of Credit may be earlier terminated without a prepayment fee. The Line of Credit, as amended, contains covenants including, but not limited to, covenants to achieve specified Adjusted EBITDA levels, as defined, and customer renewal levels, limiting capital expenditures, requiring minimum liquidity and restricting the Company’s ability to pay dividends, purchase and sell assets outside the ordinary course and incur additional indebtedness. As of June 30, 2015, the Company was in compliance with these covenants. The occurrence of a material adverse change, as defined, will be an event of default under the Line of Credit, in addition to other customary events of default. The Company granted the Lender a security interest in all of the Company’s personal property and intellectual property. On June 24, 2015, the Company entered into an amendment of the Line of Credit with the Lender, effective until September 1, 2015, which provides an Advance Rate increase, from 3.00 to 3.25, in the Credit Limit calculation. Additionally, the minimum liquidity covenant of $1,000,000 was removed. As of June 30, 2015, the Company was in compliance with all covenants. The occurrence of a material adverse change, as defined, will be an event of default under the Line of Credit, in addition to other customary events of default. The Company granted the Lender a security interest in all of the Company’s personal property and intellectual property. The Company borrowed $1,600,000 from the Line of Credit during the six-month period ended June 30, 2015. The Company owed $4,500,000 under the Line of Credit at June 30, 2015. The interest rate for the amount borrowed was 5.5% per annum. In connection with the original Line of Credit, the Company issued to the Lender a warrant to purchase up to 46,875 shares of the Company's Common Stock at an exercise price of $1.60 per share. The warrant expires on March 17, 2017. The fair value of the warrant amounted to $32,067. On March 27, 2015, in connection with an obligation under the Line of Credit when borrowings thereunder exceed $3,000,000, the Company issued to the Lender a warrant to purchase 58,824 shares of the Company’s Common Stock at an exercise price of $1.53 per share. This warrant expires on March 27, 2018. The fair value of the warrant amounted to $37,289. Additionally, the Company paid $1,200 to the Lender in financing costs. The fair value of the warrants as well as the financing costs not expensed, which amounted to $1,500, were capitalized as deferred financing costs at June 30, 2015. The Company recognized amortization and interest expenses in connection with the line of credit for the three and six-month periods ended June 30, 2015 and 2014 as follows. Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Amortization expense associated with line of credit $ 11,033 $ 1,358 $ 18,583 $ 4,667 Interest expense associated with line of credit $ 50,845 $ - $ 88,300 $ -

Note 7 - Stockholders' Equity

Note 7 - Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 7: STOCKHOLDERS’ EQUITY Common Stock During the six-month periods ended June 30, 2015 and 2014, the Company generated proceeds of $9,586 and $571,219 from the exercise of 11,457 options and 1,632,051 warrants, respectively. During the six-month period ended June 30, 2015 the Company issued 9,340 shares of its Common Stock pursuant to the cashless exercise of 21,458 options. During the six-month period ended June 30, 2014, the Company issued 50,390 and 538,542 shares of its Common Stock pursuant to the cashless exercise of 79,158 options and 626,250 warrants respectively. Warrants During the six-month period ended June 30, 2015, the Company issued 58,824 warrants to the Lender. The warrants are exercisable at the price of $1.53 per share and expire on March 27, 2018. The fair value of these warrants which amounted to $37,289, has been recognized as deferred financing fees and is amortized using the effective interest method over the terms of the associated Line of Credit. The fair value of the warrants granted during the six-month period ended June 30, 2015 is based on the BSM model using the following assumptions: Effective Exercise price $ 1.60 Effective Market price $ 1.60 Volatility 64 % Risk-free interest 0.9 % Term (years) 3 Expected dividend rate 0 % During the three and six-month periods ended June 30, 2015, the Company recorded expenses of $284,093 and $568,186, respectively, related to warrants granted to employees in prior years. The Company recorded no such expenses in 2014. Stock Option Plan The Company has a Stock Option Plan, or the Plan, under which the total number of shares of capital stock of the Company that may be subject to options under the Plan is currently 22,500,000 shares of Common Stock from either authorized but unissued shares or treasury shares. The individuals who are eligible to receive option grants under the Plan are employees, directors and other individuals who render services to the management, operation or development of the Company or its subsidiaries and who have contributed or may be expected to contribute to the success of the Company or a subsidiary. Every option granted under the Plan shall be evidenced by a written stock option agreement in such form as the Board shall approve from time to time, specifying the number of shares of Common Stock that may be purchased pursuant to the option, the time or times at which the option shall become exercisable in whole or in part, whether the option is intended to be an incentive stock option or a non-incentive stock option, and such other terms and conditions as the Board shall approve. The share-based payment is based on the fair value of the outstanding options amortized over the requisite period of service for option holders, which is generally the vesting period of the options. The fair value of the options granted during the six-month periods ended June 30, 2015 and 2014 is based on the BSM model using the following assumptions: June 30, 2015 June 30, 2014 Effective exercise price $ 1.40 - 1.43 $ 1.43 - 1.80 Effective market price $ 1.40 - 1.43 $ 1.43 - 1.80 Volatility 61 - 62% 64% Risk-free interest 0.9 - 1.0% 0.9% Terms (years) 2 - 4 4 Expected dividend rate 0% 0% The Company generally recognizes its share-based payment over the vesting terms of the underlying options. Six-month periods ended June 30, 2015 June 30, 2014 Weighted-average grant date fair value $ 0.52 $ 1.51 Fair value of options, recognized as selling, general, and administrative expenses $ 558,430 $ 287,985 Number of options granted 390,000 1,017,500 The total compensation cost related to non-vested awards not yet recognized amounted to approximately $1,676,874 at June 30, 2015 and the Company expects that it will be recognized over the following weighted-average period of 48 months. If any options granted under the Plan expire or terminate without having been exercised or cease to be exercisable, such options will be available again under the Plan. All employees of the Company and its subsidiaries are eligible to receive incentive stock options and non-qualified stock options. Non-employee directors and outside consultants who provided bona-fide services not in connection with the offer or sale of securities in a capital raising transaction are eligible to receive non-qualified stock options. Incentive stock options may not be granted below their fair market value at the time of grant or, if to an individual who beneficially owns more than 10% of the total combined voting power of all stock classes of the Company or a subsidiary, the option price may not be less than 110% of the fair value of the Common Stock at the time of grant. The expiration date of an incentive stock option may not be longer than ten years from the date of grant. Option holders, or their representatives, may exercise their vested options up to three months after their employment termination or one year after their death or permanent and total disability. The Plan provides for adjustments upon changes in capitalization. The Company’s policy is to issue shares pursuant to the exercise of stock options from its available authorized but unissued shares of Common Stock. It does not issue shares pursuant to the exercise of stock options from its treasury shares.

Note 8 - Comprehensive (Loss) I

Note 8 - Comprehensive (Loss) Income	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	NOTE 8: COMPREHENSIVE LOSS Comprehensive (loss) income includes changes in equity related to foreign currency translation adjustments. The following table sets forth the reconciliation from net (loss) income to comprehensive (loss) income for the three and six-month periods ended June 30, 2015 and 2014: Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Net loss $ (1,759,920 ) $ (706,487 ) $ (3,354,142 ) $ (1,074,101 ) Other comprehensive income (loss): Foreign currency translation adjustment 8,571 1,069 2,028 2,399 Comprehensive loss $ (1,751,349 ) $ (705,418 ) $ (3,352,114 ) $ (1,071,702 ) 12 The following table sets forth the balance in accumulated other comprehensive loss as of June 30, 2015 and December 31, 2014, respectively: June 30, December 31, 2015 2014 Accumulated other comprehensive income $ (8,943 ) $ (10,971 )

Note 9 - Segments

Note 9 - Segments	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 9: SEGMENTS The Company operates in one business segment. Percentages of sales by geographic region for the three and six-month periods ended June 30, 2015 and 2014 were approximately as follows: Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 United States 72 % 76 % 73 % 79 % Europe 19 % 16 % 19 % 15 % Other 9 % 8 % 8 % 6 %

Note 10 - Commitments and Subse

Note 10 - Commitments and Subsequent Events	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Commitments And Subsequent Events [Text Block]	NOTE 10: COMMITMENTS AND SUBSEQUENT EVENTS During January 2014, the Company entered into a four year lease for certain office space in Newport Beach, effective February 1, 2014. Under the terms of the lease, the Company initially pays monthly base rent of approximately $22,000 increasing incrementally to approximately $25,000. During May 2014, the Company entered into a two year sublease in Newport Beach, effective May 1, 2014. The Company initially pays monthly base rent of approximately $10,000 per month, increasing to approximately $11,000 per month by the end of the lease term. During July 2014, the Company entered into a five year lease for certain office space in a business center in London, England, which commenced on July 30, 2014. The base rent is GBP 89,667 per year and the estimated service charges for the lease are GBP 45,658 per year. The Company will pay an estimated GBP 60,000 for furniture, cabling and build out of the office space.

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America 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 reporting amounts of revenues and expenses during the reported period. Actual results will differ from those estimates. Included in these estimates are assumptions about collection of accounts receivable, useful life of fixed assets and intangible assets, and assumptions used in Black-Scholes-Merton, or BSM, valuation methods, such as expected volatility, risk-free interest rate, and expected dividend rate.
Reclassification, Policy [Policy Text Block]	Reclassification The financial statements for the three and six-month periods ended June 30, 2014 have been reclassified to reflect the increase in personnel last year which allowed for more clearly defined roles and allocation of certain unallocated general and administrative expenses to the Company’s functional areas.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less when purchased, to be cash equivalents.
Receivables, Policy [Policy Text Block]	Accounts Receivable The Company’s accounts receivable are due primarily from advertisers and marketers. Collateral is currently not required. The Company also maintains allowances for doubtful accounts for estimated losses resulting from the inability of the Company’s customers to make payments. The Company periodically reviews these estimated allowances, including an analysis of the customers’ payment history and creditworthiness, the age of the trade receivable balances and current economic conditions that may affect a customer’s ability to make payments as well as historical collection trends for its customers as a whole. Based on this review, the Company specifically reserves for those accounts deemed uncollectible or likely to become uncollectible. When receivables are determined to be uncollectible, principal amounts of such receivables outstanding are deducted from the allowance. June 30, 2015 December 31, 2014 Allowance for doubtful accounts $ 5,364 $ 212,113
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Credit Risks The Company is subject to concentrations of credit risk primarily from cash and cash equivalents and accounts receivable. The Company’s cash and cash equivalents accounts are held at a financial institution and are insured by the Federal Deposit Insurance Corporation, or the FDIC, up to $250,000. During the six-month period ended June 30, 2015, the Company has reached bank balances exceeding the FDIC insurance limit. To reduce its risk associated with the failure of such financial institutions, the Company periodically evaluates the credit quality of the financial institution in which it holds deposits. The Company's accounts receivable are due from customers, generally located in the United States, Europe, Asia, and Canada. None of the Company’s customers accounted for more than 10% of its accounts receivable at June 30, 2015 or December 31, 2014. The Company does not require any collateral from its customers.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition The Company recognizes revenue on arrangements in accordance with ASC Topic 605, Revenue Recognition. Revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service is performed, and collectability of the resulting receivable is reasonably assured. The Company’s SaaS revenues are generated from implementation and training fees and a monthly license fee, supplemented by per transaction fees paid by customers for monthly platform usage. The initial term of the customer contract is generally one year with one of two general cancellation policies. Each party may cancel the contract within the initial period or after the initial period, with 30-days’ prior notice. The Company does not provide any general right of return for its delivered items. Services associated with the implementation and training fees have standalone value to the Company’s customers, as there are third-party vendors who offer similar services to the Company’s services. Accordingly, they qualify as separate units of accounting. The Company allocates a fair value to each element deliverable at the recognition date and recognizes such value when the services are provided. The Company bases the fair value of the implementation and training fees on third-party evidence and the monthly license fee on vendor-specific objective evidence. Fees charged by third-party vendors for implementation and training services do not vary significantly from the fees charged by the Company. Services associated with implementation and training fees are generally rendered within a month from the initial contract date. The value attributed to the monthly license fees as well as the fees associated with monthly transaction-based platform usage are recognized in the corresponding period.
Product Concentration [Policy Text Block]	Product Concentration The Company generates its revenues from software licensing, usage, and related transaction fees.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments The Company accounts for assets and liabilities measured at fair value on a recurring basis in accordance with ASC Topic 820, Fair Value Measurements and Disclosures, or ASC 820. ASC 820 establishes a common definition for fair value to be applied to existing generally accepted accounting principles that require the use of fair value measurements, establishes a framework for measuring fair value, and expands disclosure about such fair value measurements. ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, ASC 820 requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized below: Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. Aditional Disclosures Regarding Fair Value Measurements The carrying value of cash and cash equivalents, accounts receivable, accounts payable, accrued expenses, and lines of credit approximate their fair value due to the short term maturity of these items.
Advertising Costs, Policy [Policy Text Block]	Advertising The Company expenses advertising costs as incurred. Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Advertising expense $ 83,586 $ 87,099 $ 235,083 $ 119,310
Income Tax, Policy [Policy Text Block]	Income Taxes Income taxes are accounted for in accordance with the provisions of ASC Topic 740, Accounting for Income Taxes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amounts expected to be realized, but no less than quarterly.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation The Company’s reporting currency is U.S. Dollars. The functional currency of the Company’s Subsidiary in the United Kingdom is British Pounds. The translation from British Pounds to U.S. Dollars is performed for balance sheet accounts using exchange rates in effect at the balance sheet date and for revenue and expense accounts using the average exchange rate in effect during the period. The resulting translation adjustments are recorded as a component of Accumulated Other Comprehensive Income (Loss). Foreign currency translation gains and losses arising from exchange rate fluctuation on transactions denominated in a currency other than the functional currency are included in the unaudited condensed consolidated statements of operations.
Research and Development Expense, Policy [Policy Text Block]	Software Development Costs Costs incurred in the research and development of software products and significant upgrades and enhancements thereto during the preliminary project stage and the post-implementation operation stage are expensed as incurred. Costs incurred for maintenance and relatively minor upgrades and enhancements are expensed as incurred. Costs associated with the application development stage of new software products and significant upgrades and enhancements thereto are capitalized when 1) management implicitly or explicitly authorizes and commits to funding a software project and 2) it is probable that the project will be completed and the software will be used to perform the function intended. The Company capitalized internal-use software development costs of $368,041 during the six-months ended June 30, 2015. The Company amortizes such costs once the new software products and significant upgrades and enhancements are completed. The unamortized internal-use software development costs amounted to $870,634 and $841,724 at June 30, 2015 and December 31, 2014, respectively. The Company’s amortization expenses associated with capitalized software development costs amounted to $175,278 and $339,132 during the three and six-month periods ended June 30, 2015, respectively, and $109,438 and $167,461 during the three and six-month periods ended June 30, 2014, respectively. Amortization of internal-use software is reflected in cost of revenues.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Share-Based Payment The Company accounts for stock-based compensation in accordance with ASC Topic 718, Compensation-Stock Compensation, or ASC 718. Under the fair value recognition provisions of this topic, stock-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as an expense on a straight-line basis over the requisite service period, which is the vesting period. The Company has elected to use the BSM option-pricing model to estimate the fair value of its options, which incorporates various subjective assumptions including volatility, risk-free interest rate, expected life, and dividend yield to calculate the fair value of stock option awards. Compensation expense recognized in the statements of operations is based on awards ultimately expected to vest and reflects estimated forfeitures. ASC 718 requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.
Segment Reporting, Policy [Policy Text Block]	Segment Reporting The Company generated revenues from one source, its SaaS business, during the three and six-month periods ended June 30, 2015 and 2014. The Company's chief operating decision maker evaluates the performance of the Company based upon revenues and expenses by functional areas as disclosed in the Company's statements of operations.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Recent accounting pronouncements have been issued but deemed by management to be outside the scope of relevance to the Company.
Earnings Per Share, Policy [Policy Text Block]	Basic and Diluted Earnings Per Share Basic earnings per share are calculated by dividing income available to stockholders by the weighted-average number of common shares outstanding during each period. Diluted earnings per share are computed using the weighted average number of common and dilutive common share equivalents outstanding during the period. Dilutive common share equivalents consist of shares issuable upon the exercise of stock options and warrants (calculated using the modified-treasury stock method). Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Numerator: Net loss $ (1,759,920 ) $ (706,487 ) $ (3,354,142 ) $ (1,074,101 ) Denominator: Denominator for basic earnings per share--weighted average shares 62,835,140 60,026,430 62,833,091 59,401,930 Effect of dilutive securities- when applicable: Stock options - - - - Warrants - - - - Denominator for diluted earnings per share--adjusted weighted-average shares and assumed conversions 62,835,140 60,026,430 62,833,091 59,401,930 Loss per share: Basic $ (0.03 ) $ (0.01 ) $ (0.05 ) $ (0.02 ) Diluted $ (0.03 ) $ (0.01 ) $ (0.05 ) $ (0.02 ) Weighted-average anti-dilutive common share equivalents 15,159,042 15,544,549 17,443,244 15,822,329
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Property and equipment are recorded at cost and are depreciated on a straight-line basis over their estimated useful lives of three years. Maintenance and repairs are charged to expense as incurred. Significant renewals and betterments are capitalized Property and equipment consist of the following at: June 30, 2015 December 31, 2014 Internal use software costs $ 1,657,408 $ 1,289,367 Computer equipment and software 582,000 476,963 Office furniture and equipment 224,579 187,263 Leasehold improvements 308,748 298,067 2,772,735 2,251,660 Accumulated depreciation (1,322,431 ) (826,802 ) $ 1,450,304 $ 1,424,858 Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Depreciation expense $ 83,996 $ 45,137 $ 156,498 $ 77,484 Amortization expense on internal software $ 175,278 $ 109,438 $ 339,132 $ 167,461

Note 2 - Summary of Significa18

Note 2 - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2015
Depreciation Expense [Member]
Notes Tables
Property, Plant and Equipment [Table Text Block]	Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Depreciation expense $ 83,996 $ 45,137 $ 156,498 $ 77,484 Amortization expense on internal software $ 175,278 $ 109,438 $ 339,132 $ 167,461
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, 2015 December 31, 2014 Allowance for doubtful accounts $ 5,364 $ 212,113
Schedule of Accrued Liabilities [Table Text Block]	Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Advertising expense $ 83,586 $ 87,099 $ 235,083 $ 119,310
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Numerator: Net loss $ (1,759,920 ) $ (706,487 ) $ (3,354,142 ) $ (1,074,101 ) Denominator: Denominator for basic earnings per share--weighted average shares 62,835,140 60,026,430 62,833,091 59,401,930 Effect of dilutive securities- when applicable: Stock options - - - - Warrants - - - - Denominator for diluted earnings per share--adjusted weighted-average shares and assumed conversions 62,835,140 60,026,430 62,833,091 59,401,930 Loss per share: Basic $ (0.03 ) $ (0.01 ) $ (0.05 ) $ (0.02 ) Diluted $ (0.03 ) $ (0.01 ) $ (0.05 ) $ (0.02 ) Weighted-average anti-dilutive common share equivalents 15,159,042 15,544,549 17,443,244 15,822,329
Property, Plant and Equipment [Table Text Block]	June 30, 2015 December 31, 2014 Internal use software costs $ 1,657,408 $ 1,289,367 Computer equipment and software 582,000 476,963 Office furniture and equipment 224,579 187,263 Leasehold improvements 308,748 298,067 2,772,735 2,251,660 Accumulated depreciation (1,322,431 ) (826,802 ) $ 1,450,304 $ 1,424,858

Note 5 - Deferred Revenues (Tab

Note 5 - Deferred Revenues (Tables)	6 Months Ended
	Jun. 30, 2015
Notes Tables
Deferred Revenue, by Arrangement, Disclosure [Table Text Block]	June 30, 2015 December 31, 2014 Deferred revenues $ 57,134 $ 206,475

Note 6 - Line of Credit (Tables

Note 6 - Line of Credit (Tables)	6 Months Ended
	Jun. 30, 2015
Notes Tables
Schedule of Interest and Amortization Expense Line of Credit [Table Text Block]	Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Amortization expense associated with line of credit $ 11,033 $ 1,358 $ 18,583 $ 4,667 Interest expense associated with line of credit $ 50,845 $ - $ 88,300 $ -

Note 7 - Stockholders' Equity (

Note 7 - Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Notes Tables
Schedule Of Share Based Payment Award Warrants Valuation Assumptions [Table Text Block]	Effective Exercise price $ 1.60 Effective Market price $ 1.60 Volatility 64 % Risk-free interest 0.9 % Term (years) 3 Expected dividend rate 0 %
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	June 30, 2015 June 30, 2014 Effective exercise price $ 1.40 - 1.43 $ 1.43 - 1.80 Effective market price $ 1.40 - 1.43 $ 1.43 - 1.80 Volatility 61 - 62% 64% Risk-free interest 0.9 - 1.0% 0.9% Terms (years) 2 - 4 4 Expected dividend rate 0% 0%
Note Payable Repayments [Table Text Block]	Six-month periods ended June 30, 2015 June 30, 2014 Weighted-average grant date fair value $ 0.52 $ 1.51 Fair value of options, recognized as selling, general, and administrative expenses $ 558,430 $ 287,985 Number of options granted 390,000 1,017,500

Note 8 - Comprehensive (Loss)22

Note 8 - Comprehensive (Loss) Income (Tables)	6 Months Ended
	Jun. 30, 2015
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Net loss $ (1,759,920 ) $ (706,487 ) $ (3,354,142 ) $ (1,074,101 ) Other comprehensive income (loss): Foreign currency translation adjustment 8,571 1,069 2,028 2,399 Comprehensive loss $ (1,751,349 ) $ (705,418 ) $ (3,352,114 ) $ (1,071,702 )
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	June 30, December 31, 2015 2014 Accumulated other comprehensive income $ (8,943 ) $ (10,971 )

Note 9 - Segments (Tables)

Note 9 - Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Notes Tables
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]	Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 United States 72 % 76 % 73 % 79 % Europe 19 % 16 % 19 % 15 % Other 9 % 8 % 8 % 6 %

Note 2 - Summary of Significa24

Note 2 - Summary of Significant Accounting Policies (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Computer Software, Intangible Asset [Member] | Cost Of Revenues [Member]
Amortization of Intangible Assets	$ 175,278	$ 109,438	$ 339,132	$ 167,461
Estimated [Member]
Property, Plant and Equipment, Useful Life			3 years
Number of Reportable Segments	1	1	1	1
Cash, FDIC Insured Amount	$ 250,000		$ 250,000
Payments to Develop Software			368,041	$ 311,106
Capitalized Computer Software, Net	870,634		870,634		$ 841,724
Amortization of Intangible Assets	$ 175,278	$ 109,438	$ 339,132	$ 167,461

Note 2 - Summary of Significa25

Note 2 - Summary of Significant Accounting Policies - Accounts Receivable (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Accounts receivable, allowance for bad debt	$ 5,364	$ 212,113

Note 2 - Summary of Significa26

Note 2 - Summary of Significant Accounting Policies - Advertising Costs (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Advertising expense	$ 83,586	$ 87,099	$ 235,083	$ 119,310

Note 2 - Summary of Significa27

Note 2 - Summary of Significant Accounting Policies - Basic and Diluted Earnings Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net loss	$ (1,759,920)	$ (706,487)	$ (3,354,142)	$ (1,074,101)
Denominator for basic earnings per share--weighted average shares (in shares)	62,835,140	60,026,430	62,833,091	59,401,930
Effect of dilutive securities- when applicable:
Denominator for diluted earnings per share--adjusted weighted-average shares and assumed conversions (in shares)	62,835,140	60,026,430	62,833,091	59,401,930
Loss per share:
Basic (in dollars per share)	$ (0.03)	$ (0.01)	$ (0.05)	$ (0.02)
Diluted (in dollars per share)	$ (0.03)	$ (0.01)	$ (0.05)	$ (0.02)
Weighted-average anti-dilutive common share equivalents (in shares)	15,159,042	15,544,549	17,443,244	15,822,329

Note 2 - Summary of Significa28

Note 2 - Summary of Significant Accounting Policies - Property and Equipment (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Software Development [Member]
Property, plant, and equipment, gross	$ 1,657,408	$ 1,289,367
Computer Equipment [Member]
Property, plant, and equipment, gross	582,000	476,963
Furniture and Fixtures [Member]
Property, plant, and equipment, gross	224,579	187,263
Leasehold Improvements [Member]
Property, plant, and equipment, gross	308,748	298,067
Property, plant, and equipment, gross	2,772,735	2,251,660
Accumulated depreciation	(1,322,431)	(826,802)
	$ 1,450,304	$ 1,424,858

Note 2 - Summary of Significa29

Note 2 - Summary of Significant Accounting Policies - Property and Equipment, Depreciation Expense (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Depreciation expense	$ 83,996	$ 45,137	$ 156,498	$ 77,484
Amortization expense on internal software	$ 175,278	$ 109,438	$ 339,132	$ 167,461

Note 4 - Customer Relationshi30

Note 4 - Customer Relationships (Details Textual) - USD ($)	1 Months Ended	3 Months Ended			6 Months Ended
	Nov. 30, 2013	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Customer Relationships [Member] | Payable Quarterly [Member]
Debt Instrument, Periodic Payment	$ 250,000
Customer Relationships [Member]
Notes Payable, Current		$ 0			$ 0
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life					1 year 180 days
Noncash or Part Noncash Acquisition, Debt Assumed	$ 1,000,000
Repayments of Debt			$ 250,000
Finite-Lived Intangible Assets, Net		1,000,000			$ 1,000,000
Amortization of Intangible Assets		$ 129,631		$ 166,667	$ 296,296	$ 333,334
Finite-Lived Intangible Assets, Net			$ 296,296
Amortization of Intangible Assets		$ 175,278		$ 109,438	$ 339,132	$ 167,461

Note 5 - Deferred Revenues - De

Note 5 - Deferred Revenues - Deferred Revenues (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Deferred revenues	$ 57,134	$ 206,475

Note 6 - Line of Credit (Detail

Note 6 - Line of Credit (Details Textual) - USD ($)	1 Months Ended		6 Months Ended
	Mar. 27, 2015	Mar. 17, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 24, 2015	Jun. 23, 2015
Line of Credit [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate		1.25%
Line of Credit [Member] | Warrants Issued in Connection with Original Line of Credit [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights		46,875
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 1.60
Warrants Issued Fair Value Disclosure		$ 32,067
Line of Credit [Member]
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum		5.50%
Debt Instrument, Covenant, Minimum Accrued Interest Per Month		$ 10,000
Line of Credit, Advance Rate					3.25%	3.00%
Debt Instrument, Interest Rate, Effective Percentage			5.50%
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	58,824		58,824
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 1.53		$ 1.53
Warrants Issued Fair Value Disclosure	$ 37,289		$ 37,289
Line of Credit, Maximum Threshold to Trigger Warrant Issuance to Lender	$ 3,000,000
Payments of Financing Costs			1,200
Deferred Finance Costs, Net			1,500
Line of Credit Facility, Maximum Borrowing Capacity		$ 3,000,000	6,000,000
Proceeds from Lines of Credit			1,600,000	$ 1,000,000
Long-term Line of Credit			$ 4,500,000
Payments of Financing Costs				$ 40,000

Note 6 - Line of Credit - Inter

Note 6 - Line of Credit - Interest and Amortization Expense - Line of Credit (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Line of Credit [Member]
Amortization expense associated with line of credit	$ 11,033	$ 1,358	$ 18,583	$ 4,667
Interest expense associated with line of credit	$ 50,845		88,300
Amortization expense associated with line of credit			$ 18,583	$ 3,750

Note 7 - Stockholders' Equity34

Note 7 - Stockholders' Equity (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Mar. 27, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Warrant [Member]
Allocated Share-based Compensation Expense		$ 284,093	$ 0	$ 568,186	$ 0
Line of Credit [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	58,824	58,824		58,824
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 1.53	$ 1.53		$ 1.53
Warrants Issued Fair Value Disclosure	$ 37,289			$ 37,289
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		22,500,000		22,500,000
Proceeds from Warrant Exercises				$ 9,586	$ 571,219
Class of Warrant or Right, Exercise of Warrants				11,457	1,632,051
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period				9,340	50,390
Cashless Exercise Of Options				21,458	79,158
Stock Issued During Period Shares Warrants Exercised					538,542
Cashless Exercise Of Warrants					626,250
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized		$ 1,676,874		$ 1,676,874
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition				4 years

Note 7 - Stockholders' Equity -

Note 7 - Stockholders' Equity - Assumptions Used to Determine Fair Value of Warrants Granted (Details) - $ / shares	6 Months Ended
	Jun. 30, 2015
Warrant [Member]
Effective Exercise price (in dollars per share)	$ 1.60
Effective Market price (in dollars per share)	$ 1.60
Volatility	64.00%
Risk-free interest	0.90%
Term (years)	3 years
Expected dividend rate	0.00%

Note 7 - Stockholders' Equity36

Note 7 - Stockholders' Equity - Assumptions Used to Determine Fair Value of Stock Options Granted (Details) - $ / shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Minimum [Member]
Effective exercise price (in dollars per share)	$ 1.40	$ 1.43
Effective market price (in dollars per share)	$ 1.40	1.43
Volatility	61.00%
Risk-free interest	0.90%
Terms (years)	2 years
Maximum [Member]
Effective exercise price (in dollars per share)	$ 1.43	1.80
Effective market price (in dollars per share)	$ 1.43	$ 1.80
Volatility	62.00%
Risk-free interest	0.90%
Terms (years)	4 years
Volatility		64.00%
Risk-free interest		0.90%
Terms (years)		4 years
Expected dividend rate	0.00%	0.00%

Note 7 - Convertible Notes Paya

Note 7 - Convertible Notes Payable and Note Payable - Additional Information Stock Options (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Selling General And Administrative Expenses [Member]
Fair value of options, recognized as selling, general, and administrative expenses	$ 558,430	$ 287,985
Weighted-average grant date fair value (in dollars per share)	$ 0.52	$ 1.51
Fair value of options, recognized as selling, general, and administrative expenses	$ 1,126,615	$ 287,985
Number of options granted (in shares)	390,000	1,017,500

Note 8 - Comprehensive (Loss)38

Note 8 - Comprehensive (Loss) Income - Reconciliation from Net (Loss) Income to Comprehensive (Loss) Income (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net loss	$ (1,759,920)	$ (706,487)	$ (3,354,142)	$ (1,074,101)
Other comprehensive income (loss):
Foreign currency translation adjustment	8,571	1,069	2,028	2,399
Comprehensive loss	$ (1,751,349)	$ (705,418)	$ (3,352,114)	$ (1,071,702)

Note 8 - Comprehensive (Loss)39

Note 8 - Comprehensive (Loss) Income - Accumulated Other Comprehensive Loss (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Accumulated other comprehensive income	$ (8,943)	$ (10,971)

Note 9 - Segments (Details Text

Note 9 - Segments (Details Textual)	6 Months Ended
	Jun. 30, 2015
Number of Operating Segments	1

Note 9 - Segments - Sales by Ge

Note 9 - Segments - Sales by Geographic Region (Details) - Sales Revenue, Segment [Member] - Geographic Concentration Risk [Member]	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
UNITED STATES
Sales	72.00%	76.00%	73.00%	79.00%
Europe [Member]
Sales	19.00%	16.00%	19.00%	15.00%
Other [Member]
Sales	9.00%	8.00%	8.00%	6.00%

Note 10 - Commitments and Sub42

Note 10 - Commitments and Subsequent Events (Details Textual)	1 Months Ended			6 Months Ended
	Jul. 31, 2014GBP (£)	May. 31, 2014USD ($)	Jan. 31, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Office Space In Newport Beach California [Member] | Minimum [Member]
Operating Lease Monthly Rent			$ 22,000
Office Space In Newport Beach California [Member] | Maximum [Member]
Operating Lease Monthly Rent			$ 25,000
Office Space In Newport Beach California [Member]
Lessee Leasing Arrangements, Operating Leases, Term of Contract			4 years
Sublease In Newport Beach [Member] | Minimum [Member]
Operating Lease Monthly Rent		$ 10,000
Sublease In Newport Beach [Member] | Maximum [Member]
Operating Lease Monthly Rent		$ 11,000
Sublease In Newport Beach [Member]
Lessee Leasing Arrangements, Operating Leases, Term of Contract		2 years
Office Space in London England [Member]
Lessee Leasing Arrangements, Operating Leases, Term of Contract	5 years
Operating Lease Monthly Rent | £	£ 89,667
Operating Lease Service Charges | £	45,658
Payments to Acquire Property, Plant, and Equipment | £	£ 60,000
Payments to Acquire Property, Plant, and Equipment				$ 115,473	$ 186,997