Digiliti Money (DGLT) 10-Q 12 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity information

Document and Entity information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 12, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	CACHET FINANCIAL SOLUTIONS, INC.
Entity Central Index Key	1,487,906
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		30,300,179

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 651,319	$ 112,221
Stock subscription receivable, subsequently collected	500,000
Accounts receivable, net	628,963	314,743
Deferred commissions	85,656	80,348
Prepaid expenses	569,367	402,040
TOTAL CURRENT ASSETS	2,435,305	909,352
PROPERTY AND EQUIPMENT, net	711,181	295,925
GOODWILL	204,000	204,000
INTANGIBLE ASSETS, NET	1,142,503	1,437,001
DEFERRED COMMISSIONS	55,182	103,312
DEFERRED FINANCING COSTS	162,720	61,153
TOTAL ASSETS	4,710,891	3,010,743
CURRENT LIABILITIES
Accounts payable	1,085,098	746,554
Accrued expenses	223,123	201,768
Accrued interest	182,432	182,184
Deferred revenue	910,960	747,113
Warrant liability		163,570
Current maturities of capital lease obligations	321,686
Current portion of long-term debt	2,214,257	2,070,217
TOTAL CURRENT LIABILITIES	4,937,556	4,111,406
CAPITAL LEASE OBLIGATIONS, net of current maturities	466,936
LONG TERM DEBT, net of current portion	2,492,000	2,566,486
WARRANT LIABILITY	2,535,649	146,000
DEFERRED REVENUE	359,209	412,219
ACCRUED INTEREST	254,329	160,593
ACCRUED RENT	6,333	25,333
TOTAL LIABILITIES	$ 11,052,012	$ 7,422,037
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' DEFICIT
Convertible preferred stock, $.0001 Par Value, 20,000,000 shares authorized, 44,030 and 2,229,702 shares issued and outstanding	$ 4	$ 223
Common shares, $.0001 Par Value, 500,000,000 shares authorized, 30,300,179 and 16,934,497 issued and outstanding	3,030	1,694
Additional paid-in-capital	57,964,143	47,307,314
Accumulated deficit	(63,858,298)	(51,720,525)
TOTAL SHAREHOLDERS' DEFICIT	(6,341,121)	(4,411,294)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	4,710,891	$ 3,010,743
Convertible Preferred Stock Series C
SHAREHOLDERS' DEFICIT
Series C Stock Subscription Receivable	$ (450,000)

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Balance Sheets [Abstract]
Convertible preferred stock, par value	$ 0.0001	$ 0.0001
Convertible preferred stock, shares authorized	20,000,000	20,000,000
Convertible preferred stock, shares issued	44,030	2,229,702
Convertible preferred stock, shares outstanding	44,030	2,229,702
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common Stock, shares, Issued	30,300,179	16,934,497
Common stock, shares outstanding	30,300,179	16,934,497

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statements of Operations [Abstract]
REVENUE	$ 1,001,251	$ 608,917	$ 2,006,690	$ 1,085,399
COST OF REVENUE	975,284	716,765	1,868,193	1,335,294
GROSS INCOME (LOSS)	25,967	(107,848)	138,497	(249,895)
OPERATING EXPENSES
Sales and Marketing	800,446	657,927	1,755,799	1,192,148
Research and Development	761,258	658,734	1,646,229	1,010,806
General and Administrative	925,390	1,138,038	1,999,428	2,156,228
TOTAL OPERATING EXPENSES	2,487,094	2,454,699	5,401,456	4,359,182
OPERATING LOSS	(2,461,127)	(2,562,547)	(5,262,959)	(4,609,077)
INTEREST EXPENSE	2,721,496	1,731,755	3,069,776	2,496,701
SHARE PRICE / CONVERSION ADJUSTMENT	3,704,683		3,704,683
INDUCEMENT TO CONVERT DEBT AND WARRANTS				7,906
OTHER (INCOME) EXPENSE		(47,500)	14,375	5,001
NET LOSS	(8,887,306)	(4,246,802)	(12,051,793)	(7,118,685)
Less: Cumulative Unpaid Dividends	(33,778)		(33,778)
Net Loss Attributable to Common Shareholders	$ (8,921,084)	$ (4,246,802)	$ (12,085,571)	$ (7,118,685)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING Basic and fully diluted	24,464,979	6,536,602	21,627,532	6,328,419
Net loss per common share - basic and fully diluted	$ (0.36)	$ (0.65)	$ (0.56)	$ (1.12)

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Shareholders' Deficit (unaudited) - 6 months ended Jun. 30, 2015 - USD ($)	Convertible Preferred Stock	Common Stock2014 Associate Stock Purchase Plan	Common Stock	Additional Paid In Capital2014 Associate Stock Purchase Plan	Additional Paid In Capital	Stock Subscription Receivable	Accumulated Deficit	2014 Associate Stock Purchase Plan	Total
Beginning Balance at Dec. 31, 2014	$ 223		$ 1,694		$ 47,307,314		$ (51,720,525)		$ (4,411,294)
Beginning Balance (shares) at Dec. 31, 2014	2,229,702		16,934,497
Issuance of convertible preferred stock, net of costs	$ 190				5,353,473	$ (450,000)			4,903,663
Issuance of convertible preferred stock, net of costs (in shares)	1,896,510
Conversion of debt into preferred stock	$ 22				751,978				752,000
Conversion of debt into preferred stock (in shares)	222,411
Series A & B preferred stock conversion into common stock	$ (431)		$ 499		(68)
Series A & B preferred stock conversion into common stock (in shares)	(4,304,593)		4,985,930
Conversion of warrant liability to additional paid-in-capital					420,090				420,090
Payment of preferred dividend paid with common shares			$ 7		85,973		(85,980)
Payment of preferred dividend paid with common shares (in shares)			74,764
Issuance of common stock under the Associate Stock Purchase Plan		$ 7		$ 33,822				$ 33,829
Issuance of common stock under the Associate Stock Purchase Plan (in shares)		72,360
Issuance of warrants for capital lease arrangement					134,782				134,782
Warrant issued for professional fees					18,612				18,612
Stock compensation expense					154,308				154,308
Net Loss Attributable to Common Shareholders							(12,051,793)		(12,051,793)
Share price/ conversion adjustment			$ 823		3,703,859				3,704,682
Additional Shares of common stock			8,232,628
Ending Balance at Jun. 30, 2015	$ 4		$ 3,030		$ 57,964,143	$ (450,000)	$ (63,858,298)		$ (6,341,121)
Ending Balance (in shares) at Jun. 30, 2015	44,030		30,300,179

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
OPERATING ACTIVITIES
Net Loss Attributable to Common Shareholders	$ (12,051,793)	$ (7,118,685)
Adjustments to reconcile net loss to net cash used in operating activities:
Accretion of discount/amortization of financing costs	150,511	77,833
Accrued debt related costs		1,796,874
Change in fair value of warrant liability	2,646,170	(100,000)
Depreciation and amortization of intangibles	426,535	298,287
Stock compensation	154,308	85,209
Warrants issued for professional services	18,612
Amortization of deferred commissions	68,898	47,246
Debt/warrant inducement and share price adjustment	3,712,383	7,906
Net loss after adjustments for non-cash operating activities	(4,874,376)	(4,905,330)
Changes in operating assets and liabilities:
Accounts receivable	(314,220)	17,548
Deferred commissions	(26,076)	(68,866)
Prepaid expenses	85,995	(111,196)
Accounts payable	418,696	700,662
Accrued expenses	2,356	41,669
Accrued interest	93,985	(487,778)
Deferred revenue	110,837	66,452
Net cash used in operating activities	(4,502,803)	(4,746,839)
INVESTING ACTIVITIES
Purchase of fixed assets	(43,049)	(37,457)
Cash paid for acquisition		(1,375,000)
Net cash used in investing activities	(43,049)	(1,412,457)
FINANCING ACTIVITIES
Proceeds from issuance of notes and warrants	750,000	7,820,000
Repayment of notes	(114,217)	(1,862,500)
Issuance of common shares, net of costs	33,829
Issuance of shares of convertible preferred stock, net of costs	4,403,664
Payment of debt issuance costs		(86,348)
Repayment of capital lease	(49,099)
Repayment of bank borrowing	(52,566)	(162,966)
Proceeds from bank borrowing	113,339	330,020
Net cash provided by financing activities	5,084,950	6,038,206
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	539,098	(121,090)
CASH AND CASH EQUIVALENTS
Beginning of period	112,221	150,555
End of period	651,319	29,465
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for interest	154,848	1,193,372
NONCASH FINANCING AND INVESTING TRANSACTIONS
Conversion of debt and interest to equity	752,000	986,793
Conversion of accrued interest to note payable		$ 150,660
Fixed assets purchases included in accounts payable cancelled	80,156
Capital lease obligations	837,722
Debt issuance costs in exchange for warrants	127,080
Common stock issued for preferred stock dividends	85,973
Conversion of warrant liability to additional paid-in-capital	$ 420,090

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Nature of Operations and Summary of Significant Accounting Policies
Nature of Operations and Summary of Significant Accounting Policies	1. Nature of Operations and Summary of Significant Accounting Policies Nature of Business and Operations Overview Cachet Financial Solutions, Inc. (the “Company” or “Cachet”) is a provider of technology solutions and services to the financial services industry. The Company’s solutions and services enable its clients—banks, credit unions and other types of financial institutions or financial service organizations—to provide their customers with remote deposit capture technology (“RDC”) and related services. The Company’s cloud based Software as a Service (“SaaS”) RDC solutions allow customers to scan checks remotely through their smart phones or other devices and transmit the scanned, industry compliant images to a bank for posting and clearing. In addition, the Company’s offerings include a mobile wallet solution which provides a virtual account for customers that do not have a bank account and is focused on the pre-paid card market. Through the Company’s cloud based SaaS mobile wallet offering we provide consumers the ability to deposit and withdraw funds, transfer funds, and pay bills with their mobile phone or tablet. As of June 30, 2015 , we had entered into 437 contracts with customers for our products and services. Approximately 312 of those agreements were “active,” meaning that customers have implemented the RDC software enabling the processing of customer transactions or deployed the mobile wallet application. The Company offers its services to financial institutions in the United States, Canada and Latin America. Our business operations are conducted through our wholly owned subsidiary, Cachet Financial Solutions Inc., a Minnesota corporation. Basis of Presentation The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary Cachet Financial Solutions Inc. as of June 30, 2015 and December 31, 2014 and for the three and six months ended June 30, 2015. The subsidiary does not have any operational activity and therefore no intercompany transactions exist with the subsidiary which would need to be eliminated. The Company has prepared the condensed consolidated financial statements in accordance with accounting principles generally accepted in the United States of America. The condensed consolidated financial statements included herein, without audit, are pursuant to the rules and regulations of the United States (“U.S.”) Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. However, the Company believes that the disclosures are adequate to ensure the information presented is not misleading. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. The Company believes that all necessary adjustments, which consist only of normal recurring items, have been included in the accompanying condensed consolidated financial statements to present fairly the results of the interim periods. The results of operations for the interim periods presented are not necessarily indicative of the operating results to be expected for any subsequent interim period or for the year ending December 31, 2015. The accompanying consolidated financial statements have been prepared on the basis that the Company will continue as a going concern. From inception to June 30, 2015, the Company has cumulative operating losses of approximately $63. 9 million, and as of June 30, 2015, our current liabilities exceeded our current assets by approximately $2.5 million. In 2015, we expect to continue to grow our client base and increase our revenues through higher RDC transaction volumes and monthly active user fees (“MAUs”) from our Select Mobile Money offering. Nevertheless, the Company expects to continue to incur operating losses through December 31, 2015. The Company engaged an investment firm to assist in raising additional capital through the issuance of debt and equity. The Company’s ability to continue as a going concern is dependent on raising additional capital to support operations and refinance maturing debt. In addition, the Company has a note payable due December 31, 2015, with a principal and accrued interest balance as of June 30, 2015 of approximately $500,000, and has an outstanding balance including accrued interest of approximately $1.1 million on a line of credit with one of its directors , Michael J. Hanson . In May 2015, t he Company enter ed into an amendment of the note under which approximately $500,000 was owed as of June 30, 2015 to extend the maturity date of the note from April 30, 2015 to December 31, 2015. Under the amended note, the Company is required to make monthly payments of $50,000 beginning May 31, 2015 and continuing to December 31, 2015, at which time any remaining principal and unpaid accrued interest become due. The Company also owes Mr. Hanson approximately $381,000 of principal and interest as of June 30, 2015 under the financing commitment letter due January 31, 2016. The line of credit was payable upon the earlier of the Company completing financings with gross proceeds of $10 million or July 31, 2015. In July 2015, the Company amended the terms of the line of credit to extend the maturity date to January 31, 201 6 while all other terms remained the same. There is no assurance we will be successful in raising the needed capital to fund our operations to December 31, 2015. The consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties. On July 30, 2014, the Company entered into a financing commitment letter with two directors to lend the Company up to $2.5 million through December 31, 2014, bearing interest at 10% , and due January 31, 2015, which due date was later extended to January 31, 2016. If any portion of the notes issued under the commitment letter is outstanding beyond January 31, 2016, the default interest rate will be adjusted to 18% . During the six months ended June 30, 2015, the Company had additional advances totaling $350,000 . As part of a PIPE transaction completed in February 2015, M r . Hanson, converted $250,000 of the balance owed under the commitment letter into 217,391 shares of Series B Convertible Preferred Stock and was issued a five -year warrant to purchase an aggregate of 217,391 shares of common stock at a per-share price of $1.15 (since adjusted to $0.4816 per share) . In addition, M r. Hanson converted; $102,000 of the principal balance owed under the commitment letter into 1,020 shares of Series C Convertible Preferred Stock and was issued a five -year warrant to purchase an aggregate of 232,983 shares of common stock at a per-share price of $0.4816 as part of a PIPE transaction completed in June 2015 . As of June 30, 2015, the Company had an outstanding obligation under the commitment letter, including accrued interest , totaling approximately $381,000 . As part of the amendment, the directors did not renew the remaining amount available under the original terms of the commitment letter. During the six months ended June 30, 2015, the Company issued (i) 9,000 shares of Series A Convertible Preferred Stock at $1.50 per share and issued five -year warrants to purchase an aggregate of 9,000 shares of its common stock at a per-share price of $2.00 (since adjusted to $0.4816 per share) and (ii) 2,065,891 shares of Series B Convertible Preferred Stock at $1.15 per share and issued five -year warrants to purchase an aggregate of 2,065,891 shares of its common stock at a per-share price of $1.15 ( since adjusted to $0.4816 per share) . Net proceeds to the Company after offering costs were approximately $2.2 million, including the cancellation of $250,000 in debt held by M r. Hanson. None of the investors in this offering were deemed affiliates of the Company, except for Mr. Hanson. In June 2015, the Company issued an aggregate of 44,030 shares of Series C Convertible Preferred Stock at $100.00 per share and issued five -year warrants to purchase an aggregate of 10,057,119 shares of its common stock at a per-share price of $0.4816 in a private placement. Total (cash and non-cash) gross proceeds to the Company were $4,403,000 . Gross proceeds to the Company in the form of cash were $2,951,000 . Gross proceeds to the Company in the form of promissory notes payable within 150 days were $950,000 . These promissory notes were provided by James L. Davis and M r. Hanson, both of whom are directors of the Company. The Company also issued 2,000 and 3,020 shares of the Series C Preferred to Messrs. Davis and Hanson, respectively, in exchange for the cancellation of Company debt in the amount of $200,000 and $302,000 held by them (inclusive of the $102,000 mentioned above) . The Series C Preferred Stock entitles its holders to a 10% per annum dividend, payable quarterly in cash or in additional shares of Series C Preferred Stock (or a combination of both) as determined by the Company, and may be converted to Cachet common stock at the option of a holder at an initial conversion price of $0.4378 per share. The Series C Preferred Stock will automatically convert into common stock upon the occurrence of any of the following: (a) an underwritten public offering of shares of the Company’s common stock providing at least $10 million in gross proceeds, (b) the Company’s common stock closing price being greater than 100% above the conversion price then in effect for at least 40 of 60 consecutive trading days, (c) four years after the closing of the offering of the Series C Preferred Stock , or (d) the written consent of holders representing 50% of the issued and outstanding Series C Preferred Stock . The holders of the Series C Preferred Stock will be entitled to vote their shares on an as-converted basis and will be entitled to a liquidation preference equal to the stated value (i.e., purchase price) of their shares plus any accrued but unpaid dividends thereon. In connection with the Series C offering, the Company paid its placement agents, Scarsdale Equities LLC and ROTH Capital Partners commissions of $220,150 and $105,836 , respectively, and issued to them five -year warrants for the purchase of up to 703,997 and 241,746 shares of common stock, respectively, at $.4816 and $0.5254 per share, respectively. Also in connection with the offer and sale of the Series C Preferred Stock , the Company issued additional shares of the Company’s common stock totaling 8,232,628 to former holders of the Company’s series A and B preferred stock (all of which has been converted to common stock), such that following the issuance of such shares, such holders will have received the same number of shares of the Company’s common stock in total as they would have received upon conversion of the series A and B preferred stock if the conversion price for the series A and B preferred stock had been the same as the initial conversion price under the Serie s C Preferred Stock. The Company has grant ed the recipients of these shares the same registration rights as are provided to Series C Preferred holders. The Company also agreed to amend the warrants to purchase the Company’s common stock held by former holders of the Company’s series A and B preferred stock to contain the same anti-dilution protections that are contained in the warrants issued in connection with the Series C Preferred offering . In addition, the exercise price of the warrants issued to the former series A and B preferred stock holders was reduced from $1.15 to $0.4816 . In addition, the Company agreed to amend the warrants issued to Scarsdale Equities LLC in connection with the Series B offering to reduce the exercise price from $1.15 to $0.4816 . Finally, the Company approved the amendment of a warrant to purchase common stock issued to Mr. Davis on February 3, 2015, to provide for the same modifications made to the warrants held by former holders of the Company’s series A and B preferred stock. As of August 1 2 , 2015, the Company had received $500,000 from its Directors as part of the $950,000 of note receivables related to the Series C Convertible Preferred Stock offering. Absent of receiving additional advancements against the balance owed under the note receivables prior to the maturity date, we will require additional funds to continue our operations beyond August 2015. There can be no assurance the Company will be able to obtain new financing or additional financing from its directors. The financial statements do not include any adjustments that might result from the outcome of these uncertainties. Summary of Significant Accounting Policies A summary of the significant accounting policies applied in the preparation of the accompanying financial statements is as follows: Revenue Recognition The Company generates revenue from the following sources: (1) subscription and support fees (2) transaction volume fees, (3) active monthly user fees for mobile wallet offering (4) fees related to the implementation of RDC and mobile wallet software for clients, and (5) professional services such as client specific software customization and other products and services. The Company’s arrangements do not contain general rights of return. The Company’s subscription arrangements do not provide customers with the right to take possession of the SaaS technology platform and, as a result, are accounted for as service arrangements. The Company records revenue net of any sales or excise taxes. The Company commences revenue recognition for its SaaS technology platform and professional services when all of the following criteria are met: there is persuasive evidence of an arrangement; the service has been or is being provided to the customer; collection of the fees is reasonably assured; and the amount of fees to be paid by the customer is fixed or determinable. Subscription and Support Revenue Subscription and support revenue is primarily derived from customers accessing the SaaS technology platform and includes subscription, support, transaction volume fees and active user fees for mobile wallet offering. Subscription and support revenue is recognized ratably over the contracted term of each respective subscription agreement, commencing on the date the service is provisioned to the customer, provided the four revenue recognition criteria have been satisfied. Transaction volume fees are recognized as transactions are processed and monthly services performed and active user fees for mobile wallet offering revenue is recognized on a monthly basis as earned provided the four revenue recognition criteria have been satisfied. Professional Services and Other Revenue Professional services include implementation services, development of interfaces requested by customers, assistance with integration of the Company’s services with the customers’ applications, dedicated support, and advisory services to customers who choose to develop their own interfaces and applications. Professional services are typically performed within three to six months of entering into an arrangement with the customer. Professional services are typically sold on a fixed-fee basis, but are offered on a time-and-material basis as well. Revenue for time-and-material arrangements is recognized as the services are performed. Revenue for fixed-fee arrangements is recognized under the proportional performance method of accounting as the Company has developed a history of accurately estimating activity. The Company uses labor hours incurred to the end of each reporting period compared to the total estimated labor hours as an input based measure of performance under customer arrangements. The Company believes labor hours incurred is materially representative of the value delivered to the customer at any point in time during the performance of the service. Professional services are not considered essential to the functionality of the SaaS offering. Implementation Fees The implementation fees are recognized over the term of the contract or expected life of the contract where no contractual term exists. Generally, client agreements are entered into for 12 to 36 months. A majority of the implementation service component of the arrangement with customers is performed within 120 days of entering into a contract with the customer. Multiple Element Arrangements The Company enters into multiple element arrangements in which a customer may purchase a subscription and professional services. For arrangements with multiple deliverables, the Company evaluates whether the individual deliverables qualify as separate units of accounting. In order to treat deliverables in a multiple element arrangement as separate units of accounting, the deliverables must have standalone value upon delivery. If the deliverables have standalone value upon delivery, the Company accounts for each deliverable separately and revenue is recognized for the respective deliverables as they are delivered. If one or more of the deliverables does not have standalone value upon delivery, the deliverables that do not have standalone value are combined with the final deliverable within the arrangement and treated as a single unit of accounting. Subscription and support contracts have standalone value as the Company sells subscriptions and support separately. In determining whether professional services can be accounted for separately from subscription and support services, the Company considers the availability of the professional services from other vendors, the nature of its professional services and whether the Company sells its applications to new customers without professional services. Based on these considerations the Company assessed that its professional services have standalone value. The Company determines the selling price for each element based on the selling price hierarchy of: (i) vendor-specific objective evidence (“VSOE”) of fair value, (ii) third-party evidence (“TPE”), and (iii) estimated selling price (“ESP”). The Company is unable to establish VSOE for any of its services, as the Company has not historically priced its services with sufficient consistency. The Company is also unable to establish TPE, as the Company does not have sufficient information regarding pricing of third-party subscription and professional services similar to its offerings. As a result, the Company has developed estimates of selling prices based on margins established by senior management as the targets in the Company’s selling and pricing strategies after considering the nature of the services, the economic and competitive environment, and the nature and magnitude of the costs incurred. The amount of arrangement fee allocated is limited by contingent revenue, if any. Deferred Revenue Deferred revenue consists of billings and payments received in advance of revenue recognition from the Company’s subscription and support offerings as described above and is recognized as the revenue recognition criteria are met. For subscription agreements, the Company typically invoices its customers in monthly or annual fixed installments. Accordingly, the deferred revenue balance does not represent the total contract value of these multi-year subscription agreements. Deferred revenue also includes certain deferred professional services fees, which are recognized in accordance with the Company’s revenue recognition policy. The portion of deferred revenue the Company expects to recognize during the succeeding 12-month period is recorded as current deferred revenue, and the remaining portion is recorded as noncurrent. Cost of Revenue Cost of revenue primarily consists of costs related to hosting the Company’s cloud-based application, providing customer support, data communications expense, salaries and benefits of operations and support personnel, software development fees, software license fees, amortization expense associated with acquired developed technology assets, and property and equipment depreciation. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Cash and cash equivalents are maintained at one financial institution and, at times, balances may exceed federally insured limits. The Company has never experienced any losses related to these balances and does not believe it is exposed to any significant credit risk on cash and cash equivalents. Accounts Receivable Accounts receivable represent amounts due from customers. Management determines the allowance for doubtful accounts by regularly evaluating individual customer receivables and considering a customer’s financial condition, credit history and current economic conditions. Accounts receivable are written off when deemed uncollectible. Recoveries of accounts receivable previously written off are recorded when received. The allowance for doubtful accounts was approximately $15,000 and $25,000 as of June 30, 2015 and December 31, 2014 , respectively. Concentrations of credit risk with respect to accounts receivable are limited because a large number of geographically diverse customers make up the Company’s customer base, thus spreading the credit risk. Property and Equipment Depreciation and amortization is computed using the straight-line method over the following estimated useful lives: Computer and Data Center Equipment 3 years Purchased and Acquired software 3 years Leasehold Improvements 3 - 5 years, or lease term if less Furniture and fixtures 7 years Major additions and improvements are capitalized, while replacements, maintenance and repairs, which do not improve or extend the life of the respective assets, are expensed as incurred. When assets are retired or otherwise disposed of, related costs and accumulated depreciation and amortization are removed and any gain or loss is reported. Goodwill Goodwill represents the excess purchase price over the appraised value of the portion of identifiable assets that were acquired from the DeviceFidelity Inc. acquisition completed in March 2014. Goodwill is not amortized but is reviewed at least annually for impairment, or between annual dates if circumstances change that would more likely than not cause impairment. Management performs its annual impairment test at the close of each fiscal year, and considers several factors in evaluating goodwill for impairment, including the Company’s current financial position and results, general economic and industry conditions and legal and regulatory conditions. Impairment of Long-lived Assets, Including License Agreements The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Deferred Financing Costs Deferred financing costs are capitalized and amortized over the lives of the related debt agreements. The costs are amortized to interest expense using the effective interest method. In the event debt is converted or paid prior to maturity, any unamortized issuance costs are charged to expense. Deferred Commissions The Company capitalizes commission costs that are incremental and directly related to the acquisition of customer contracts. Commission costs are capitalized and amortized over the term of the related customer contract. Net Loss Per Common Share Basic and diluted net loss per common share for all periods presented is computed by dividing the net loss available to common shareholders by the weighted average common shares outstanding and common stock equivalents, when dilutive. Potentially dilutive common stock equivalents include common shares issued pursuant to stock warrants, stock options, convertible preferred stock and convertible note agreements. Common stock equivalents were not included in determining the fully diluted loss per share as they were antidilutive. On February 12, 2014, Cachet Financial Solutions (Minnesota) completed a merger transaction (the “Merger”) with DE Acquisition 2, Inc. (“DE2”), a Delaware corporation and public company with no operations. Pursuant to the terms of the Merger, each share of common stock of Cachet Financial Solutions (Minnesota) that was issued and outstanding at such time was cancelled and converted into 10.9532 (the “exchange ratio”) shares of DE2’s common stock. Subsequently DE2 changed its name to Cachet Financial Solutions, Inc. On March 18, 2014, the Company completed a reverse stock split of its issued and outstanding common stock on a 1- for-10.9532 basis. The Company’s authorized capital shares previous to this transaction consisted of 22,500,000 shares of $.01 par value common stock and 2,500,000 shares of preferred stock. As a result of the DE 2 transaction, the Company’s new authorized capital consists of 500,000,000 shares of $.0001 par value common stock and 20,000,000 shares of preferred stock. All amounts in the accompanying financial statements and notes related to shares, share prices and loss per share reflect retrospective presentation of the reverse split. The following table reflects the amounts used in determining loss per share: Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Net Loss Attributable to Common Shareholders $ $ $ $ Weighted average common shares outstanding Net loss per common share – basic and diluted $ $ $ $ The following potential common shares were excluded from the calculation of diluted loss per share from continuing operations and diluted net loss per share attributable to common stockholders because their effect would have been anti-dilutive for the periods presented: As of June 30, June 30, 2015 2014 Convertible Preferred Stock - Stock Options Warrants Fair Value of Financial Instruments The Company uses fair value measurements to record fair value adjustments for certain financial instruments and to determine fair value disclosures. Warrants issued with price protection features are recorded at fair value on a recurring basis. The carrying value of cash and cash equivalents, accounts receivable and accounts payable approximated fair value due to the short maturity of those instruments. With respect to determination of fair values of financial instruments there are the following three levels of inputs: Level 1 Inputs– Quoted prices for identical instruments in active markets. Level 2 Inputs– Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3 Inputs– Instruments with primarily unobservable value drivers. The warrants that are carried at fair value are valued using level 3 inputs utilizing a Black-Scholes option pricing model under probability weighted estimated outcomes. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect certain reported amounts and disclosures in the consolidated financial statements. Actual results could differ from those estimates. Significant estimates include the Company’s ability to continue as a going concern, allowance for doubtful accounts, assumptions used to value stock options and warrants, conversion incentive and share purchase price adjustment, and the value of shares of common stock issued for services. Stock-Based Compensation The Company accounts for stock-based compensation using the estimated fair values of warrants and stock options. For purposes of determining the estimated fair values the Company uses the Black-Scholes option pricing model. For the periods prior to the Company’s common stock being traded, the Company estimated the volatility of its common stock at the date of grant based on the volatility of comparable peer companies which are publicly traded; for later periods, the Company includes its actual common stock trading to compute volatility. The Company determines the expected life based on historical experience with similar awards, giving consideration to the contractual terms, vesting schedules and post-vesting forfeitures. The Company uses the risk-free interest rate on the implied yield currently available on U.S. Treasury issues with an equivalent remaining term approximately equal to the expected life of the award. The Company has never paid any cash dividends on its common stock and does not anticipate paying any cash dividends in the foreseeable future. Compensation expense for all share-based payment awards is recognized using the straight-line amortization method over the vesting period. The fair values of stock award grants are determined based on the number of shares granted and estimated fair value of the Company’s common stock on the date of grant. Research and Development Costs The Company considers those costs incurred in developing new processes and solutions to be research and development costs and they are expensed as incurred. Recent Accounting Pronouncements On May 28, 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers . The core principle of the ASU is for companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration, or payment, to which the company expects to be entitled in exchange for those goods or services. The ASU may also result in enhanced disclosures about revenue. For public entities, the ASU is effective for annual reporting periods beginning after December 15, 2016, on July 9, 2015 , the FASB voted to allow a one year deferral of t he effective date. The deferral permit s early adoption, but does not allow adoption any earlier than the original effective date of the standard. We are currently evaluating the impact this standard will have on our consolidated financial statements. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties About an Entity’s Ability to Continue as a Going Concern. The amendments provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The standard will be effective for the Company on December 31, 2016. The adoption of this pronouncement may impact future assessment and disclosures related to the Company’s ability to continue as a going concern. In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update No. 2015-03, "Simplifying the Presentation of Debt Issuance Costs" ("ASU 2015-03") which changes the presentation of debt issuance costs in financial statements to present such costs as a direct deduction from the related debt liability rather than as an asset. ASU 2015-03 will become effective for public companies during interim and annual reporting periods beginning after December 15, 2015. Early adoption is permitted. We do not expect the adoption of ASU 2015-03 will have a material impact on our consolidated financial statements.

Note Receivable

Note Receivable	6 Months Ended
	Jun. 30, 2015
Note Receivable
Note Receivable	2. Note Receivable The Company has a note receivable, bearing interest at 5% , for fees being refunded for an unsuccessful capital raising transaction. The note has a face value of $501,000 and was due in October 2013. The collectability of this note is uncertain and the Company has established a reserve for 100% of the balance owed as of June 30, 2015 and December 31, 2014 . In February 2015 the Company obtained a default judgment in our favor relating to such note in the amount of approximately $542,000 (including interest). Due to the financial limitations of the judgment debtor, the Company continues to believe the collectability of the note is uncertain and therefore maintains a reserve for 100% of the balance owed.

Prepaid Expenses

Prepaid Expenses	6 Months Ended
	Jun. 30, 2015
Prepaid Expenses
Prepaid Expenses	3. Prepaid Expenses Prepaid expenses primarily consist of prepayment of licenses and maintenance fees, or deposits with, the providers of RDC software capabilities to the Company.

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2015
Property and Equipment
Property and Equipment	4. Property and Equipment Property and equipment consists of the following: As of June 30, December 31, 2015 2014 (unaudited) (audited) Computer equipment $ $ Data center equipment Purchased software Furniture and fixtures Leasehold improvements Total property and equipment Less: accumulated depreciation Net property and equipment $ $ Depreciation expense for the three and six months ended June 30, 2015 was approximately $85,000 and $132,000 , respectively, compared to $60,000 and $125,000 for the same periods in the prior year , respectively.

Accrued Expenses

Accrued Expenses	6 Months Ended
	Jun. 30, 2015
Accrued Expenses
Accrued Expenses	5. Accrued Expenses Accrued expenses consist of the following: As of June 30, December 31, 2015 2014 (unaudited) (audited) Accrued compensation $ $ Accrued rent Accrued sales tax Total accrued expenses $ $

Financing Arrangements

Financing Arrangements	6 Months Ended
	Jun. 30, 2015
Financing Arrangements
Financing Arrangements	6. Financing Arrangements The Company has obtained debt financing through bank loans and loans from directors and other affiliated parties and unaffiliated third party investors. Certain of the debt was issued with warrants that permit the investor to acquire shares of the Company’s common stock at prices as specified in the individual agreements. See Note 12 for additional information regarding conversions of debt and accrued interest into common stock for the three and six months ended June 30, 2015 . Following is a summary of debt outstanding: As of June 30, December 31, 2015 2014 (unaudited) (audited) Notes Payable to Directors and Affiliates $ $ Convertible Term Loan, due December 2016, interest at 10% Series Subordinated Note, due December 2015 Stated interest rate of 12% Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12% Note Payable, due August 2021, interest 0% Installment Note Payable – Bank Total Unamortized discount Total debt, net Less: current maturities Long-term portion $ $ Future maturities of long-term debt at June 30, 2015 are as follows: Six months ending December 31, 2015 $ 2016 2017 - 2018 - 2019 - 2020 - Thereafter $ Notes Payable to Directors and Affiliates The Company issued a total of $4,425,000 of new notes to Messrs. Davis and Hanson from January 2014 through June 30, 2015. Of this amount, $400,000 in principal amount of the notes bears interest at a rate of 10% and originally was due June 30, 2015. In June 2015, the notes were converted into 4,000 Series C Convertible Preferred Stock as part of the Series C Preferred offering the Company completed. Messrs. Davis and Hanson also received five year warrants to purchase 913,659 share s of common stock at $0.4378 per share. A total of $450,000 was advanced under the June 2014 letter agreement described below, and $1,000,000 repres ents the outstanding balance under the Company’s line of credit agreement with Mr. Hanson . The original terms of the line of credit agreement provided for a stated interest rate of 10% on the principal amount outstanding. In July 2015, Mr. Hanson agreed to amend the repayment terms of the line of credit to occur on the earlier of (a) raising an aggregate gross proceeds in one or more financing transactions of at least $10 million or (b) December 31, 2015. There are no financial covenants with the line of credit. Through the second quarter of 2014, the Company had drawn down the entire $1,500,000 under this facility. At the option of Mr. Hanson , all the principal and unpaid accrued interest under the line-of-credit could have been converted upon the completion of an IPO of the Company’s common stock at a 20% discount to the price at which the shares are of the Company’s stock were sold in the offering. Mr. Hanson exercised this conversion right with respect to $500,000 of indebtedness in connection with our July 2014 IPO into 416,667 shares of common stock and also received five -year warrants to purchase a total of 333,333 shares of the Company’s common stock at an exercise price of 125% of the IPO price or $1.88 per share. The amount of principal owed under the $1.5 million line of credit as of June 30, 2015 and December 31, 2014 was $1,000,000 plus accrued interest of $121,562 and $71,973 , respectively. As a result of the Company completing its IPO on July 14, 2014, the Company determined there was a beneficial conversion feature related to the $1.0 million outstanding balance of the line of credit which totaled $250,000 . This amount was recorded as a discount to the debt and is being amortized into interest expense through the amended maturity date of January 31, 201 6 . For the three and six months ended June 30, 2015, the Company recorded interest expense of approximately $62,000 and $125,000 , respectively, related to amortization expense associated with the beneficial conversion feature. The unamortized balance of the beneficial conversion feature as of June 30, 2015 and December 31, 2014 was approximately $21,000 and $146,000 respectively . On July 30, 2014, the Company entered into a financing commitment letter with two directors to lend the Company up to $2.5 million through December 31, 2014, bearing interest at 10% , and due January 31, 2015, which was later extended to January 31, 2016. If any portion of the notes issued under the commitment letter was outstanding beyond January 31, 2015, the default interest rate would be adjusted to 18% . As of December 31, 2014 there was $350,000 outstanding. During the first half of 2015, the Company had r eceived advancements totaling $350,000 . On February 3, 2015, Michael Hanson, one of our directors, converted $250,000 of the amount owed into 217,391 shares of Series B Convertible Preferred Stock (which Series B Convertible Preferred Stock was converted into common stock on February 27, 2015). Also in February 2015 , the Company amended the terms of the commitment letter to extend the repayment of the outstanding principal balance owed as of that date of $450,000 to January 31, 2016 at a rate of 10% per annum. As part of the amendment, the directors did not renew the remaining amount available under the original terms of the commitment letter. In June 2015, Michael Hanson converted $102,000 of the amount owed into 1,020 shares of Series C Convertible Preferred Stock and also received five year a warrant to purchase 232,983 share of common stock at $0.4378 per share. As of June 30, 2015, the total principal and accrued interest amount outstanding owed to Messrs. Davis and Hanson related to advances under the commitment letter equaled $348,000 and $32,588 , respectively . Convertible Term Loan, due December 2016 In December 2013, the Company entered into an agreement to issue convertible notes to an investor in a principal amount of up to $4 million. The proceeds of borrowings under the notes are expressly to be used to repay amounts owed under the Company’s senior secured note payable issued to another investor. Borrowings under the agreement bear interest at 10% and the note matures in December 2016. In the event of default, the interest rate increases by either 2% or 4% , depending on the nature of the default. Under the note agreement, the investor has the right, but not the obligation, to advance additional amounts up to the $4 million. The terms of the agreement provide that the investor may have several options to convert the notes at varying rates and times following the completion of a qualifying financing transaction. Depending on the timing of conversion, the holder may also receive warrants to purchase common stock. In addition to conversion of the notes, the holder has the right to request shares of common stock, rather than cash, as payment for interest. In May 2014 the Company agreed to include $35 6,616 in principal and accrued interest of the convertible notes, due March 2015, under the terms of the Convertible Term Loan, due December 2016. On May 12, 2014, the Company entered into an agreement to amend the conversion terms of the Convertible Term loan, due December 2016 as follows: First Conversion Right . The holder had the right at its election to convert the principal and accrued interest of the note into common stock at a conversion rate equal to 90% of the price based on the terms offered in the Convertible Subordinated Note, due June 2015. The first conversion right was extended for a period of 120 days following the closing date of the IPO, July 14, 2014. Upon the holder’s election to convert, the conversion price would have equaled 125% of the price at which the common stock was sold in the IPO. The first conversion right expired on October 11, 2014 . Second Conversion Right . To the extent that the holder did not elect to exercise the First Conversion Right, then the holder has the right through the maturity date of the Note, December 2016, to convert the principal and accrued interest into common stock at a conversion rate equal to 125% of the price at which the common stock was sold in the IPO. Under the terms of this conversion agreement, the holder will receive 100% warrant coverage under the same terms provided pursuant to the First Conversion Right. On June 18, 2014, the holder agreed to convert $1,000,000 of the then outstanding principal balance of $3,250,000 together with the accrued related interest into common stock upon the completion of the IPO based on the terms described above in the First Conversion Right. Upon completion of the Company’s IPO on July 14, 2014, the $1,000,000 of principal and $58,630 of accrued interest converted into 980,213 shares of common stock and the Company also issued to the investor a five -year warrant to purchase 705,753 shares of the Company’s common stock at an exercise price equal to 125% of the IPO price, or $1.875 . As a result of the Company completing its IPO on July 14, 2014, the Company determined there was a beneficial conversion feature related to the remaining $2.3 million outstanding balance of the Convertible Term Loan, due December 2016 which totaled $894,444 . This amount was recorded as a discount to the debt and was amortized into interest expense on a straight-line basis over the 120 days following the closing of the IPO which represents the period that during which the debt could be converted at a discount to the IPO price. The Company recorded interest expense of $894,444 related to amortization expense associated with the beneficial conversion feature for the year ended December 31, 2014. The balance of the note as of June 30, 2015 and December 31, 2014 was $2.3 million plus accrued interest of $254,329 and $140,275 , respectively. Series Subordinated Note The series subordinated note totaling $613,808 in principal and accrued interest of $100,745 as of December 31, 2014 was originally due in December 2014. In December 2014, the Company amended the terms of the note to include monthly installments of $50,000 due December 2014 and an additional $50,000 due at the end of each following month through April of 2015, when the remaining principal balance and related accrued interest becomes due. In May 2015, the Company amended the note agreement to provide payments equal to $50,000 starting on May 31, 2015 and continuing each subsequent month end till December 31, 2015, which the entire remaining principal and accrued interest is due. The principal balance on the note as of June 30, 2015 and December 31, 2014 was $499,592 and $613,808 , respectively. Notes Payable, due January 2016 In January 2014, the Company assumed notes payable totaling $74,486 related to the acquisition of DE2. The original terms of the notes required repayment on the earlier of January 31, 2016 or the date the Company completes a business combination with an operating company in a reverse merger or reverse takeover transaction or other transaction after which the Company would cease to be a shell company. The reverse merger was completed in February 2014, and the terms of the note were amended to state that the principal and related accrued interest is due the earlier of January 31, 2016 or the date the Company completes one or more private placements of debt or equity securities resulting in aggregate proceeds of $10,000,000 . Note Payable, due August 2021 In August 2014, the Company entered into a 0% interest $192,000 note payable with the State of Minnesota as part of an Angel Loan program fund. There are no financial loan covenants associated with the loan, which has a maturity date of August 2021. The loan contains a provision whereby if the Company transfers more than a majority of its ownership, the loan becomes immediately due, along with a 30% premium amount of the principal balance. In addition, if the Company is more than 30 days past due on any payments owed under the loan, the interest rate increases to 20% per annum. Installment Note Payable – Bank In March 2014, the Company entered into an installment note with a bank for a total of $330,020 . The note bears interest at the prime rate plus 1% , but not less than 5% . The note is due on demand; if no demand is made then the note is due in monthly payments of $9,903 from April 2014 through April 2017. Borrowings are secured by substantially all of the Company’s property and are guaranteed by three of the Company’s directors . In April 2015, the Company entered into a new installment note replacing the above mentioned note. The balance of the existing note totaled approximately $216,000 , while the new note was issued for approximately $330,000 . The Company received the net amount between the two notes or $113,000 , which was primarily used for working capital purposes. The new note bears interest at the prime rate plus 1% , but not less than 5% . The note is due on demand; if no demand is made then the note is due in monthly payments of $9,903 from May 2015 through May 2018. Borrowings remained secured by substantially all of the Company’s property and are guaranteed by three of the Company’s directors. The principal balance as of June 30, 2015 and December 31, 2014 was approximately $313,000 and $252,000 , respectively. Other Information Regarding Debt The prime interest rate was 3.25% at June 30, 2015 and December 31, 2014 . As a result of either the short term duration or recency of the financing, the Company believes that the fair value of its outstanding debt approximates market value.

Employee Benefit Plan

Employee Benefit Plan	6 Months Ended
	Jun. 30, 2015
Employee Benefit Plan
Employee Benefit Plan	7. Employee Benefit Plan The Company has a defined contribution 401(k) saving plan covering all employees satisfying certain eligibility requirements. The plan permits, but does not require, Company contributions; the Company did not make any contributions for the three and six months ended June 30, 2015 and 2014 .

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies.
Commitments and Contingencies	8. Commitments and Contingencies Operating Leases The Company leases approximately 22,000 square feet of office space in Chanhassen, Minnesota. The lease commenced on May 1, 2012 and extends through August 31, 2016. In addition to the office space, the Company leases certain office furniture and equipment under operating leases through November 2016. The Company entered into a lease agreement in April 2014 for a total of 1,812 square feet of office space in Dallas, Texas related to the employees retained as part of the acquisition of Select Mobile Money. The lease commenced on May 1, 2014 and extends through June 30, 2017. Rent expense under all leases for the three and six months ended June 30 , 2015 were $125,742 and $252,720 , compared to $74,526 and $135,577 for the same periods in the prior year, respectively. The Company’s office space lease calls for rent increases over the term of the lease. The Company records rent expense on a straight line basis using average rent for the term of the lease. The excess of the expense over cash rent paid is shown as accrued rent. The Company also has various computer leases with three year terms. The Company is recording the expense on a monthly basis. Total future minimum contractual lease payments for all operating leases are as follows: Six months ending December 31, 2015 $ 2016 2017 2018 2019 $ Capital Leases The Company entered into a several capital lease arrangem ent with one of its directors from March 2015 to June of 2015 for certain computer equipment and software licenses with an imputed interest rate of 7.3% per year. The total cost and accumulated amortization included in property and equipment as of June 30 , 2015 totaled approximately $584,000 and $30,000 , re spectively . Amortization of the leased property wa s approximately $30,000 for the three and six months ended June 30 , 2015 and is included in depreciation expense . The Company also entered into a capital lease with a third-party leasing company, which was co-guaranteed by one of its directors for prepaid software licenses. The lease carries an imputed interest rate of 7.3% per year and requires monthly payments of $10,759 per month through July 2017. Future lease payments under capital lease s are as follows: Six Months Ending December 31, 2015 $ 2016 2017 2018 Total payments Less: portion representing interest Principal portion Less: current portion Long-term portion $ Future maturities of capital lease obligations are as follows: Six Months Ending December 31, 2015 $ 2016 2017 2018 $ In February 2015, the Company entered into an agreement with a director, James L. Davis which guarantees financial responsibility for the obligations under the terms of a lease arrangement which he entered into on behalf of the Company. In addition, the Company entered into an agreement with Mr. Davis which provides for the same lease terms as he entered into on behalf of the Company. The three -year lease agreement provides financing up to $500,000 of computer equipment the Company procured for its data centers to accommodate the overall increase in transactions and ensure it is able to meet customer uptime requirements. As consideration to the director for entering into the lease, the Company issued the director a five -year warrant to purchase up to 407,614 shares of common stock at $1.15 per share. The warrant was 100% vested and exercisable upon issuance. In June 2015, Mr. Davis provided his personal guarantee as part of lease the Company entered into with a third-party leasing company totaling approximately $242,000 . As consideration to the director for providing his personal guarantee, the Company issued the director a five -year warrant to purchase up to 241,900 shares of common stock at $.44 per share in June 2015. The warrant was 100% vested and exercisable upon issuance. The Company amortizes the fair value of the warrants over the term of the leases. Litigation An entity named Cachet Banq contacted the Company in December 2010 regarding their U.S. Trademark Registration No. 2,857,465 (registered on June 29, 2004) for the standard character mark CACHET covering “financial services, namely automated clearinghouse processing services for the payroll service industry.” Cachet Banq alleged that the Company’s use of “CACHET” infringes on their federal trademark registration. On March 4, 2013, Cachet Banq filed a trademark infringement lawsuit against the Company in the United States District Court for the Central District of California. The parties have filed cross motions for summary judgment. The initial brief was filed on May 30, 2014, replies were filed on June 26, 2014 and the court took these motions under advisement on July 8, 2014. The Company has denied that its use of the character mark CACHET infringes on Cachet Banq’s purported rights in their mark, and will vigorously defend this and any future similar claims made by Cachet Banq. The Company is not currently involved in any other material legal proceedings. Financial Service Agreements In January 2015, the Company entered into an engagement letter with a new financial advisory services company. The terms of this agreement include a six month term in which the financial advisory services company will assist the Company is completing a $15.0 million public offering of its equity or equity-linked securities at a 7% commission. In addition, the Company agreed to provide the financial advisory services company warrants equal to 7% of the securities issued in the offering at 120% of the price of the securities sold under the offering. The terms of the warrant will be five years from the closing date of the offering. The Company also agreed to reimburse any reasonable out of pocket expenses in connection with this engagement. The agreement is cancelable by either party with a 30 day notice. In June 2015, the Company entered into an additional engagement letter with another financial advisory services company as part of completing PIPE offering. The Company agreed to provide financial advisory for completing an offering at a 5% commission rate. In addition, the Company agreed to provide warrants equal to 7% of the common stock issuable upon conversion of the convertible preferred stock with an exercise price equal to the exercise price of the warrants issued to investors on the completion of the offering.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Taxes
Income Taxes	9. Income Taxes The Company has not recorded a current or deferred tax provision for the three or six months ended June 30 , 2015 or 2014 due to the Company’s net losses and the uncertainty of realization of any related tax benefit in the future. Due to the full valuation allowance on the Company’s net deferred tax assets, there was no deferred tax benefit or provision recorded as a result of the tax status conversion from an S corporation to a C corporation effective January 1, 2014. The Company recognizes tax liabilities for uncertain income tax positions based on management’s estimate of whether it is more likely than not that additional taxes will be required. The Company had no uncertain tax positions as of June 30 , 2015 or December 31, 2014. It is the Company’s practice to recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. The Company does not expect any material changes in unrecognized tax positions over the next twelve months.

Acquisition

Acquisition	6 Months Ended
	Jun. 30, 2015
Acquisition
Acquisition	10. Acquisition Acquisition of Select Mobile Money On March 4, 2014, the Company purchased from DeviceFidelty, Inc. (“DFI”), a Texas corporation, certain tangible and intangible assets of a business engaged in the development and provision of technology platforms supporting mobile wallet applications. The acquisition includes strategic relationships with Visa, Mastercard, MoneyGram and Navy Federal Credit Union, the providers of those services to their consumers. The Company believes this capability complements and supports its RDC and mobile deposit business by adding new features and services for consumers, creating an expanded consumer base and target market, and also expands the scope of its potential partners in the FSO market. The software asset the Company purchased included an assignment of a contract with Visa, to provide their customers the Visa endorsed mobile platform. It also includes the first mobile Moneygram implementation and Moneygram’s endorsement of the mobile solution to their customers. The aggregate purchase price of up to $2,125,000 includes $1,125,000 paid at closing and contingent consideration aggregating up to $1,000,000 based on satisfaction of certain performance related contingencies. The performance related contingencies are as follows: (1) $375,000 in the event the Company enters into a new master services agreement or other agreement with Visa U.S.A. Inc. or any affiliate of Visa, (2) $250,000 on or before April 15, 2014 upon the Company’s receipt of written confirmation from MoneyGram Payment Systems, Inc. on or before April 14, 2014 that its service is operational pursuant to a previously executed contract between DFI and MoneyGram, and (3) $375,000 upon the Company’s execution of a contract with U.S. Bank on or before August 1, 2014. The Company received written confirmation from MoneyGram Payment Systems that its service was operational as of April 7, 2014 and the $250,000 was paid in May 2014. The Company also entered into a master services agreement with Visa U.S.A. Inc. in July 2014 resulting in $375,000 of contingent consideration becoming due. The Company made a payment to DFI in July 2014 related to the signing of this contract. The Company received a contract with U.S. Bank in July 2014, resulting in the third and final contingent consideration becoming due of $ 375,000 . The Company made the final installment payment in October 2014. Purchase Price: Cash paid $ Contingent consideration Total purchase price Fair Value of Assets Acquired and Liabilities Assumed Tangible assets acquired: Property and equipment, net $ Total tangible assets acquired Identified intangible assets acquired: Customer contracts Proprietary software Total assets acquired in excess of liabilities assumed Goodwill Total purchase price $ The fair value of assets acquired and liabilities assumed has been determined based upon our estimates of the fair values of assets acquired and liabilities assumed in the acquisition as determined by an independent third-party valuation firm. The Company recorded goodwill because the purchase price exceeded the fair value of net assets acquired, due to Select Mobile Money’s assembled workforce and other intangible assets which do not qualify for separate recognition as well as anticipated synergies to be realized from combining the Select Mobile Money operations with the Company’s. The following tables set forth the unaudited pro forma results of the Company for the three and six months ended June 30, 2015 and 2014 , as if the acquisition had taken place on the first day of the period presented. These combined results are not necessarily indicative of the results that may have been achieved had the companies always been combined: Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 (unaudited) (unaudited) (unaudited) (unaudited) Revenues $ $ $ $ Net Loss Basic and diluted net loss per common share $ $ $ $ Weighted average shares - basic and diluted

Goodwill and Finite Life Intang

Goodwill and Finite Life Intangibles Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Finite Life Intangibles Assets
Goodwill and Finite Life Intangibles Assets	11. Goodwill and Finite Life Intangible Assets The Company assesses the carrying amount of our goodwill for potential impairment annually or more frequently if events or a change in circumstances indicate that impairment may have occurred. The Company performs an impairment test for finite-lived assets, such as intangible assets, and other long-lived assets, such as fixed assets, whenever events or changes in circumstances indicate that the carrying value of such assets may not be recoverable. The Company has only one operating and reporting unit that earns revenues, incurs expenses and makes available discrete financial information for review by the Company’s chief operations decision maker. Accordingly, the Company completes its goodwill impairment testing on this single reporting unit. In conducting the annual impairment test of the Company’s goodwill, qualitative factors are first examined to determine whether the existence of events, or circumstances, indicate that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If it is determined that it is more likely than not that the fair value of the reporting unit is less than its carrying amount, a two-step impairment test is applied. In the first step, the Company calculates the fair value of the reporting unit and compares that amount with the reporting unit’s carrying amount, including goodwill. If the carrying amount exceeds the fair value, the Company performs the second step of measuring the amount of the goodwill impairment loss, if any, by comparing the implied fair value of the reporting unit’s goodwill with the carrying amount of goodwill. This requires performing a hypothetical application of the acquisition method to determine the implied fair value of goodwill after measuring the reporting unit’s identifiable assets and liabilities. Goodwill was $204,000 as of June 30, 2015 . The Company conducted its annual goodwill impairment test as of December 31, 2014 and determined there to be no indication of impairment. The Company will continue to monitor conditions and changes that could indicate an impairment of goodwill. As of June 30, 2015 , the Company determined that no triggering events had occurred since December 31, 2014 and the Company’s finite-lived assets and long-lived assets were not impaired. Identified intangible assets are summarized as follows: Amortizable June 30, 2015 Period Gross Accumulated Net (years) Assets Amortization Assets Customer Contracts 3 - 5 $ $ $ Proprietary Software 3 Total identified intangible assets $ $ $ Amortization expense for identified intangible assets is summarized below: Statement of Three Months Ended Six Months Ended Operations June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Classification Customer Contracts $ $ $ $ Cost of Revenue Proprietary Software Cost of Revenue Total amortization on identified intangible assets $ $ $ $ Based on the identified intangible assets recorded at June 30, 2015 , future amortization expense is expected to be as follows: Six Months Ending December 31, 2015 $ 2016 2017 2018 2019 $

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2015
Shareholders' Equity
Shareholders' Equity	12. Shareholders’ Equity Reverse Merger On February 12, 2014, Cachet Financial Solutions (Minnesota) completed a merger transaction with DE Acquisition 2, Inc. (“DE2”), a Delaware corporation and public company with no operations. Pursuant to the terms of the Merger, each share of common stock of Cachet Financial Solutions (Minnesota) that was issued and outstanding at such time was cancelled and converted into 10.9532 (the “exchange ratio”) shares of DE2’s common stock. As a result of the Merger, all of the outstanding warrants and stock options of Cachet Financial Solutions (Minnesota) at the time were converted and exchanged for warrants and stock options of DE2. The number of shares subject to, and the exercise prices of, DE2 convertible securities issued under the exchange was determined by application of the exchange ratio to the terms of the convertible debt and options of Cachet Financial Solutions (Minnesota) outstanding as of the merger date. Subsequently DE2 changed its name to Cachet Financial Solutions, Inc. On dates up to 30 and 120 days following the Merger, additional shares were required to be issued to those DE2 shareholders existing immediately prior to the Merger, for no additional consideration, such that they would hold 3% of the fully diluted shares of the Company outstanding as of those dates. Accordingly, as of the 120 th day following the Merger, the Company issued an additional 32,484 shares to the shareholders of DE2. The fair value of estimated consideration paid to DE2 in exchange for the 3% interest was estimated to be $507,000 plus the long term debt assumed of $85,105 . As DE2 had no tangible or identifiable intangible assets at the time of the Merger, and recognition of goodwill is not permitted in this type of merger transaction, no assets were recorded as a result of the Merger. On March 18, 2014, the Company completed a reverse stock split of the Company’s issued and outstanding common stock on a 1 -for-10.9532 basis. The Company’s authorized capital consists of 500,000,000 shares of $.0001 par value common stock and 20,000,000 shares of preferred stock. Convertible Preferred Stock During 2014, the Company issued 2,229,702 shares of Series A Convertible Preferred Stock at $1.50 per share and issued five -year warrants to purchase an aggregate of 2,229,702 shares of its common stock at a per-share price of $2.00 (since adjusted to $0.4816 per share). Net proceeds to the Company after offering costs were $3.0 million. During the first quarter of 2015 , the Company issued (i) 9,000 shares of Series A Convertible Preferred Stock at $1.50 per share and issued five -year warrants to purchase an aggregate of 9,000 shares of its common stock at a per-share price of $2.00 (since adjusted to $0.4816 per share) and (ii) 2,065,891 shares of Series B Convertible Preferred Stock at $1.15 per share and issued five -year warrants to purchase an aggregate of 2,065,891 shares of its common stock at a per-share price of $1.15 (since adjusted to $0.4816 per share) . Net proceeds to the Company after offering costs were approximately $2.2 million, including the cancellation of $250,000 in debt held by Michael J. Hanson, one of our directors. In February 2015, all 2,238,702 outstanding Series A preferred shares were converted into 2,920,039 shares of the Company’s common stock, while all 2,065,891 outstanding Series B preferred shares converted into 2,065,891 shares of the Company’s common stock. In addition, the Company issued 74,765 shares of common stock to the Series A and B convertible preferred holders related to the 8% dividend accrued through the conversion date. None of the investors in this offering were deemed affiliates of the Company, except for one of our directors, Michael J. Hanson. Both the Series A Convertible Preferred Stock and the Series B Convertible preferred stock entitled their holders to an 8% per annum dividend , payable quarterly in cash or in kind (or a combination of both) as determined by the Company. Subject to certain customary exceptions, our Series A Convertible Preferred Stock had full-ratchet conversion price protection in the event that the Company issued common stock below the conversion price, as adjusted, until the earlier of (i) 180 days from the closing or (ii) such time as the Company shall have obtained, after the closing, financing aggregating to at least $5 million. The warrants issued to purchasers of the Series A Convertible Preferred Stock contain similar full-ratchet exercise price protection in the event that the Company issues common stock below the exercise price, as adjusted, again subject to certain customary exceptions. On February 3, 2015, the Company issued the Series B Convertible Preferred Stock at $1.15 per share, resulting in an adjustment to (i) the conversion price of the Series A Convertible Preferred Stock from $1.50 per share to $1.15 per share and (ii) and the exercise price of the warrants issued therewith, from $2.00 per share to $1.15 per share (since adjusted to $0.4816 per share) . Since the Company has now raised an aggregate of more than $5 million, these full-ratchet price protections can no longer be triggered. Upon any liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary, the holders of the preferred stock would have been entitled to receive out of the assets, whether capital or surplus, of the Company an amount equal to the Stated Value (as defined in the Company’s Certificate of Designation for the applicable series of preferred stock), plus any accrued and unpaid dividends thereon and any other fees or liquidated damages then due and owing thereon under the applicable Certificate of Designation, for each share of Series A and B Preferred Stock, before any distribution or payment would have been made to the holders of any Junior Securities (as defined in the Company’s Certificate of Designation for the applicable series of preferred stock), and would not have participated with the holders of Common Stock or other Junior Securities thereafter. If the assets of the Company had been insufficient to pay in full such amounts, then the entire assets distributed to the holders would have been ratably distributed among the holders in accordance with the respective amounts that would have been payable on such shares if all amounts payable thereon had been paid in full. In June 2015, the Company issued an aggregate of 44,030 shares of Series C Convertible Preferred Stock at $100.00 per share and issued five -year warrants to purchase an aggregate of 10,057,119 shares of its common stock at a per-share price of $0.4816 in a private placement. Total (cash and non-cash) gross proceeds to the Company were $4,403,000 . Gross proceeds to the Company in the form of cash were $2,951,000 . Gross proceeds to the Company in the form of promissory notes payable within 150 days were $950,000 . These promissory notes were provided by James L. Davis and Michael J. Hanson, both of whom are directors of the Company. The Company also issued 2,000 and 3,020 shares of the Series C Preferred to James L. Davis and Michael J. Hanson, respectively, in exchange for the cancellation of Company debt in the amount of $200,000 and $302,000 held by them. The Series C Preferred Stock entitles its holders to a 10% per annum dividend, payable quarterly in cash or in additional shares of Series C Preferred Stock (or a combination of both) as determined by the Company, and may be converted to Cachet common stock at the option of a holder at an initial conversion price of $0.4378 per share. The Series C Preferred Stock will automatically convert into common stock upon the occurrence of any of the following: (a) an underwritten public offering of shares of the Company’s common stock providing at least $10 million in gross proceeds, (b) the Company’s common stock closing price being greater than 100% above the conversion price then in effect for at least 40 of 60 consecutive trading days, (c) four years after the closing of the offering of the Series C Preferred Stock, or (d) the written consent of holders representing 50% of the issued and outstanding Series C Preferred Stock. The holders of the Series C Preferred Stock will be entitled to vote their shares on an as-converted basis and will be entitled to a liquidation preference equal to the stated value (i.e., purchase price) of their shares plus any accrued stock but unpaid dividends thereon. Common Stock During the six months ended June 30, 2014 , the Company issued 456,486 shares of common stock to the shareholder of DE2 as consideration for completing the reverse merger described above. In addition, the Company issued a total of 332,028 shares of commons stock to a member of the Board of Directors as part of consideration for the promissory note provided to the Company to finance the acquisition of Select Mobile Money from Device Fidelity. In January 2014, $986,793 of debt and accumulated interest was converted into 246,867 shares of common stock. The Company did not provide a share premium to those debt holders that converted in January 2014. During the six months ended June 30, 2015 , the Company exchanged warrants to purchase 19,692 shares of common stock with an exercise price of $4.00 for 3,938 shares of common stock. The Company recorded $7,906 in other expense which represents the excess of the fair value of the stock issued and the fair value of the warrants as determined using the Black-Scholes option pricing model. In connection with the offer and sale of the Series C Preferred Stock, the Company issued additional shares of the Company’s common stock totaling 8,232,628 to former holders of the Company’s series A and B preferred stock (all of which has been converted to common stock), such that following the issuance of such shares, such holders will have received the same number of shares of the Company’s common stock in total as they would have received upon conversion of the series A and B preferred stock if the conversion price for the series A and B preferred stock had been the same as the initial conversion price under the Series C Preferred Stock. The Company granted the recipients of these shares the same registration rights as are provided in Series C Preferred Stock holders. As a result, the Company recognized expense totaling $3,704,682 during the three and six months ended June 30, 2015. Warrants In addition to warrants issued in connection with debt described above, the following are transactions involving issuance of warrants during the six months ended June 30, 2015 and 2014 : In January 2014, the Company issued warrants to purchase common stock equal to 25% of the principal amounts under certain short term notes payable. The life of the warrants ranges between three and five years with an exercise price of $3.60 . The total number of shares issuable under the warrants totaled 821,250 related to a total of $3,285,000 short term notes issued by the Company from March 2013 to February 2014. Of this total, $2,875,000 or 718,750 of the shares issuable under the warrants, relates to two directors of the Company. In April 2014, the exercise price of the warrants was adjusted to $1.40 per share. In May 2014, the Company entered into an agreement to issue 50,000 five -year warrants to a consulting firm providing professional services upon the completion of an IPO. An additional 30,000 warrants may be issued upon achieving certain performance goals agreed to between the Company and the consulting firm. The exercise price of the warrants is set to equal the price of the shares offered in the Company’s IPO. The Company will recognize the fair value of the 50,000 warrants issued in the third quarter of 2014 and the other 30,000 warrants upon achieving the performance goals. In June 2015, the Company modified the price of the 50,000 warrant to $0.45 per share resulting in an incremental fair value of $4,587 . In addition, the Company issued 30,000 five -year warrants at $0.45 per share with a fair value totaling $2,787 . The Company recognized expense totaling $7,374 for the three and six months ended June 30, 2015. In January 2015, the Company issued three individual investors warrants to purchase 75,000 share s of common stock as part of an agreement. The warrants have a life of 10 years, an exercise price of $ 1.40 per share and were fully exercisable upon the date of issuance. The Company recorded $11,238 in other expense during the six months ended June 3 0 , 2015, which represents the fair value of the warrants as determined using the Black-Scholes option pricing model. In February 2015, the Company issued a five -year warrant for the purchase up to 407,614 shares of common stock at $1.15 (adjusted to $0.4816 ) per share to a director of the Company in consideration for the director leasing certain IT equipment to the Company. The total fair value of the warrant as determined using the Black-Scholes option pricing model totaled $76,489 . This amount is being expensed over the three year lease term. In June 2015, the exercise price of the warrant was reduced to $0.4816 and modified to the same terms provided to the warrants issued in the Series C Preferred Stock offering. The incremental fair value of the modification totaled $28,578 and is being amortized over the three year lease term. Also in June 2015, the Company provided the director a five year warrant to purchase 241,900 shares of common stock at a price of $0.44 as consideration for providing his guarantee on lease. The fair value of the warrant on the date of issuance totaled approximately $22,000 and is being amortized over the two year lease term. During the six months ended June 3 0 , 2015, the Company issued five -year warrants to purchase 9,000 shares of the commo n stock at a per share price of $2.00 (since adjusted to $ 0 . 4816 per share) as part of issuing 9,000 shares of Series A Convertible Preferred Stock. Additionally, the Company issued five -year warrants to purchase 2,065,891 shares of common stock at a per share price of $1.15 (since adjusted to $0.4816) as part of issuing 2,065,891 shares of Series B Convertible Preferred Stock . Since the Company exceeded the $5.0 million of gross proceeds threshold in February 2015, the full-ratchet provisions provided in the terms of the warrants expired and at which time the warrant liability was classified to additional paid in capital. The Company also issued five -year warrants to purchase 10,057,119 shares of the common stock at a per share price of $0.4816 as part of issuing 44,030 shares of Series C Convertible Preferred Stock. In addition, the Company modified the terms of the warrants issued in the Series A & B Convertible Stock offering to the same terms offered to the warrant holders in the Series C offering. After the modification, the terms of the warrant holders in the Series A, B & C Preferred Stock offering all have full-ratchet and anti-dilution protection, the Company recognized the value of the warrants as determined using the Black-Scholes option pricing model totaling $2,083,487 for the three and six months ended June 30, 2015. The warrant liability related to the warrants issued to the Series A, B & C Preferred holders as of June 30, 2015 totaled $2,083,487 . In connection with the private placement of securities of the Company during the six months ended June 3 0 , 2015, the Company issued its placement agents five -year warrants for the purchase of a total o f 270 shares of common stock at $2.00 per share, 109,931 shares of common stock at $1.15 ( 73,940 since adjusted to $0.4816 ) per share, 703,99 7 shares of common stock at $0.4816 per share and 241,746 shares of common stock at $0.5254 per share. In connection with the offer and sale of Series C Preferred Stock, the Company also agreed to amend the warrants to purchase the Company’s common stock held by former holders of the Company’s series A and B preferred stock to contain the same anti-dilution protections that are contained in the warrants issued in connection with the offer and sale of the Series C Preferred Stock. In addition, the exercise price of the warrants issued to the former series A and B preferred stock holders was reduced from $1.15 to $0.4816 . In addition, the Company agreed to amend the warrants issued to Scarsdale Equities LLC in connection with the Series B offering to reduce the exercise price from $1.15 to $0.4816 . A former senior lender received a warrant to purchase 76,228 shares of Company common stock at $9.00 per share. The warrant expires in October 2017. The exercise price of the warrant is subject to downward adjustment in the event of the subsequent sale of common stock or convertible debt at a lower price, as defined, prior to exercise of the warrant. As a result of this provision, the Company determined that the warrant should be accounted for as a liability carried at fair value. In June 2015, the exercise price was adjusted to $0.35 and the number of shares of Company common stock to be acquired was increased to 1,960,143 based on the Series C Preferred offering. The Company determined the value of the warrant to be $427,000 and $146,000 at June 30, 2015 and December 31, 2014, respectively. The fair value of the warrants was determined using the Black-Scholes option pricing model and the following assumptions for the three and six months ended June 30, 2015 and 2014 : Both Periods Expected term 1.5 - 5 Years Expected dividend 0 Volatility 26% - 38% Risk-free interest rate 0.25% - 1.37%

Stock-Based Compensation and Be

Stock-Based Compensation and Benefit Plans	6 Months Ended
	Jun. 30, 2015
Stock-Based Compensation and Benefit Plans
Stock-Based Compensation and Benefit Plans	13. Stock-Based Compensation and Benefit Plans On February 9, 2010, the board of directors of Cachet Minnesota adopted the 2010 Equity Incentive Plan (2010 EIP). The plan was approved by Cachet Minnesota’s shareholders. Participants in the plan may include employees, officers, directors, consultants, and independent contractors. As of June 30, 2015 , the number of shares of common stock reserved for issuance under the 2010 EIP was 625,000 shares. On February 12, 2014, the board of directors of the Company approved the assumption of the 2010 EIP as part of the reverse merger transaction with DE2; however it was agreed that no new grants would be made from the 2010 EIP. On this same date the board of directors of the Company adopted the 2014 Equity Incentive Plan (the “2014 EIP”) covering an aggregate of 1,521,621 shares of common stock. The 2014 EIP will be administered by the Company’s Board of Directors or an authorized committee. The Company’s Chief Executive Officer may, on a discretionary basis and without committee review or approval, grant non-qualified (non-statutory) stock options for up to 100,000 common shares to new employees of the Company who are not officers of the Company during each fiscal year. Incentives under the plan may be granted in one or a combination of the following forms: (a) non-statutory stock options (no incentive stock options may be issued, because the plan was not submitted to and approved by our stockholders); (b) stock appreciation rights; (c) stock awards; (d) restricted stock; (e) restricted stock units; and (f) performance shares. Eligible participants include officers and employees of the company, members of the Board of Directors, and consultants or other independent contractors. No person is eligible to receive grants of stock options and SARs under the plan with respect to more than 100,000 shares of common stock in any one year, in the aggregate. The term of each stock option shall be determined by the board or committee, but shall not exceed ten years. Vested stock options may be exercised in whole or part by the holder giving notice to the Company. Options under the 2014 EIP may provide for the holder of the option to make payment of the exercise price by surrender of shares equal in value to the exercise price. Options granted to employees generally vest over two to three years. Stock awards granted to non-employee directors generally vest 50% on the grant date and 50% on the first anniversary of the date of the grant. Options generally expire five years from the date of grant. During the three and six months ended June 30 , 2015, the Company issued options to purchase 93,000 and 558,000 shares , respectively, with exercise prices ranging from $0.75 to $1.50 per share . The aggregate fair value of options granted totaled approximately $16,000 and $100,000 for three and six months ended June 30, 2015 . Of those options, options issued to executive management and directors outside of the 2014 EIP plan covered 295,000 shares and vest 1/3 rd on date of grant and 1/3 rd each of the first two anniversary dates thereafter. A total of 40,000 options issued to a director vested 100% on the grant date in January 2015. In April 2014, the Company issued 110,000 options to an executive at an exercise price of $4.00 . The Company determined the fair value of the options to be $93,089 using the Black-Scholes option pricing model and was expensed one-third on date of grant and the other two-thirds over the two year anniversary periods. As of June 30 , 2015, the Company had options outstanding with respect to a total of 629,000 shares granted under the 2014 EIP. As of this date, the 2010 EIP had outstanding stock options issued to employees totaling 129,250 shares. The Company had also issued outside of the EIP plans options with respect to 1,965,000 shares of common stock to directors, certain officers and business consultants. Stock Compensation Expense Information FASB ASC 718-10 requires measurement and recognition of compensation expense for all stock-based payments including warrants, stock options, restricted stock grants and stock bonuses based on estimated fair values. Compensation expense recognized for the issuance of warrants, stock options, restricted stock grants and stock bonuses for the three and six months ended June 30, 2015 and 2014 was as follows: Three Months Ended Six Months Ended June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Stock-based compensation costs included in: Cost of revenue $ $ $ $ Sales and marketing expenses Research and development expenses General and administrative expenses Total stock-based compensation expense $ $ $ $ As of June 30, 2015 the total compensation cost related to unvested options awards not yet recognized was $131,254 . That cost will be recognized over a weighted average period of 1.3 years . There were no options exercised during the three and six months ended June 30, 2015 and 2014 . The estimated fair values of stock options granted and assumptions used for the Black-Scholes option pricing model were as follows: Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Estimated Fair Value $ $ $ $ Shares Issuable Under Options Granted Expected Term 3 Years 3 Years 2 to 3 Years 3 Years Expected Dividend % % % % Volatility % % 26% to 30 % % Risk Free Interest Rate 0.86% to 0.91 % % 0.22% to 1.07 % % The Company calculates the estimated expected life based upon historical exercise data. The risk-free interest rate assumption is based on observed interest rates appropriate for the term of the Company’s stock options. The Company estimates the volatility of its common stock at the date of grant based on the volatility of comparable peer companies that are publicly traded for periods prior to its public offering. Subsequent to the Company’s public offering, the Company includes its actual common stock trading to compute volatility. The dividend yield assumption is based on the Company’s history and expectation of no future dividend payouts. The Company has used an expected life of two to three years for the term of the options. The Company estimates forfeitures when recognizing compensation expense and this estimate of forfeitures is adjusted over the requisite service period based on the extent to which actual forfeitures differ, or are expected to differ, from such estimates. Changes in estimated forfeitures are recognized through a cumulative catch-up adjustment, which is recognized in the period of change, and also impacts the amount of unamortized compensation expense to be recognized in future periods. 2014 Associate Stock Purchase Plan In September 2014, the Company’s Board of Directors approved the 2014 Associate Stock Purchase Plan, under which 500,000 shares were reserved for purchase by the Company’s associates (employees). The Company has one year from September 2014 to obtain Shareholder approval for the plan to qualify for favorable tax treatment under IRS Section 422. The purchase price of the shares under the plan is 85% of the lesser of the fair market value of a share of common stock on the first day of the offering period or the fair market value of a share of common stock on the last day of the offering period. Offering periods are every six months ending on June 30 and December 31. Associates may designate up to ten percent of their compensation for the purchase of shares under t he plan. The most recent p lan period started on January 1, 2015 and ended on June 3 0, 2015 . Total common shares purchased during the plan period ended June 30, 2015 was 72,360 shares at a price per share of $0.4675 .

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Related Party Transactions
Related Party Transactions	14. Related Party Transactions Balances with related parties consisting of members of the Board of Directors (no Company debt or warrants are held by the Company’s executive officers) for borrowings and warrants were as follows: As of June 30, December 31, 2015 2014 Debt held by related parties $ $ Warrants held by related parties Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Interest paid to related parties $ $ — $ $ — Related party interest expense

Concentrations

Concentrations	6 Months Ended
	Jun. 30, 2015
Concentrations
Concentrations	15. Concentrations The Company continues to rely on vendors to provide technology and licensing components that are critical to its solutions. In addition, the Company engaged a development firm located in Toronto, Canada beginning in March 2014 to augment its software development efforts. During the three and six months ended June 30 , 2015, the Company expensed a total of approximately $287,000 and $582,000 , representing 15% for both periods o f its total supplier expenditures. In addition, fees incurred related to a financial advisor in relation to the PIPE offerings completed in June 2015 represented 12% of supplier expenditures during the three months ended June 30, 2015. The two financial advisory firms who assisted the Company in completing the PIPE offerings during the first half of 2015 each represented 25% and 12% of our overall accounts payable balance as June 30 , 2015. Additionally, the development firm represented 10% and the Company’s outside legal firm represented 16% of the Company’s accounts payable balance as of June 30, 2015. No one customer represented for more than 10% of the Company’s revenue for the three or six months ended June 30, 2015 or 2014. The Company had two customers who accounted for 25% and 12% of its outstanding accounts receivable balance at June 30, 2015 . N o customer accounted for more than 10% of its outstanding accounts receivable balance at December 31, 2014.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events
Subsequent Events	16. Subsequent Events Amendment to Line of Credit In July 2015, the Company amended the terms of the line of credit with a director. The outstanding balance of $1,000,000 due date has been modified to January 31, 2016. All other terms of the agreement remained the same.

Nature of Operations and Summ23

Nature of Operations and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Nature of Operations and Summary of Significant Accounting Policies
Revenue Recognition	Revenue Recognition The Company generates revenue from the following sources: (1) subscription and support fees (2) transaction volume fees, (3) active monthly user fees for mobile wallet offering (4) fees related to the implementation of RDC and mobile wallet software for clients, and (5) professional services such as client specific software customization and other products and services. The Company’s arrangements do not contain general rights of return. The Company’s subscription arrangements do not provide customers with the right to take possession of the SaaS technology platform and, as a result, are accounted for as service arrangements. The Company records revenue net of any sales or excise taxes. The Company commences revenue recognition for its SaaS technology platform and professional services when all of the following criteria are met: there is persuasive evidence of an arrangement; the service has been or is being provided to the customer; collection of the fees is reasonably assured; and the amount of fees to be paid by the customer is fixed or determinable. Subscription and Support Revenue Subscription and support revenue is primarily derived from customers accessing the SaaS technology platform and includes subscription, support, transaction volume fees and active user fees for mobile wallet offering. Subscription and support revenue is recognized ratably over the contracted term of each respective subscription agreement, commencing on the date the service is provisioned to the customer, provided the four revenue recognition criteria have been satisfied. Transaction volume fees are recognized as transactions are processed and monthly services performed and active user fees for mobile wallet offering revenue is recognized on a monthly basis as earned provided the four revenue recognition criteria have been satisfied. Professional Services and Other Revenue Professional services include implementation services, development of interfaces requested by customers, assistance with integration of the Company’s services with the customers’ applications, dedicated support, and advisory services to customers who choose to develop their own interfaces and applications. Professional services are typically performed within three to six months of entering into an arrangement with the customer. Professional services are typically sold on a fixed-fee basis, but are offered on a time-and-material basis as well. Revenue for time-and-material arrangements is recognized as the services are performed. Revenue for fixed-fee arrangements is recognized under the proportional performance method of accounting as the Company has developed a history of accurately estimating activity. The Company uses labor hours incurred to the end of each reporting period compared to the total estimated labor hours as an input based measure of performance under customer arrangements. The Company believes labor hours incurred is materially representative of the value delivered to the customer at any point in time during the performance of the service. Professional services are not considered essential to the functionality of the SaaS offering. Implementation Fees The implementation fees are recognized over the term of the contract or expected life of the contract where no contractual term exists. Generally, client agreements are entered into for 12 to 36 months. A majority of the implementation service component of the arrangement with customers is performed within 120 days of entering into a contract with the customer. Multiple Element Arrangements The Company enters into multiple element arrangements in which a customer may purchase a subscription and professional services. For arrangements with multiple deliverables, the Company evaluates whether the individual deliverables qualify as separate units of accounting. In order to treat deliverables in a multiple element arrangement as separate units of accounting, the deliverables must have standalone value upon delivery. If the deliverables have standalone value upon delivery, the Company accounts for each deliverable separately and revenue is recognized for the respective deliverables as they are delivered. If one or more of the deliverables does not have standalone value upon delivery, the deliverables that do not have standalone value are combined with the final deliverable within the arrangement and treated as a single unit of accounting. Subscription and support contracts have standalone value as the Company sells subscriptions and support separately. In determining whether professional services can be accounted for separately from subscription and support services, the Company considers the availability of the professional services from other vendors, the nature of its professional services and whether the Company sells its applications to new customers without professional services. Based on these considerations the Company assessed that its professional services have standalone value. The Company determines the selling price for each element based on the selling price hierarchy of: (i) vendor-specific objective evidence (“VSOE”) of fair value, (ii) third-party evidence (“TPE”), and (iii) estimated selling price (“ESP”). The Company is unable to establish VSOE for any of its services, as the Company has not historically priced its services with sufficient consistency. The Company is also unable to establish TPE, as the Company does not have sufficient information regarding pricing of third-party subscription and professional services similar to its offerings. As a result, the Company has developed estimates of selling prices based on margins established by senior management as the targets in the Company’s selling and pricing strategies after considering the nature of the services, the economic and competitive environment, and the nature and magnitude of the costs incurred. The amount of arrangement fee allocated is limited by contingent revenue, if any. Deferred Revenue Deferred revenue consists of billings and payments received in advance of revenue recognition from the Company’s subscription and support offerings as described above and is recognized as the revenue recognition criteria are met. For subscription agreements, the Company typically invoices its customers in monthly or annual fixed installments. Accordingly, the deferred revenue balance does not represent the total contract value of these multi-year subscription agreements. Deferred revenue also includes certain deferred professional services fees, which are recognized in accordance with the Company’s revenue recognition policy. The portion of deferred revenue the Company expects to recognize during the succeeding 12-month period is recorded as current deferred revenue, and the remaining portion is recorded as noncurrent.
Cost of Revenue	Cost of Revenue Cost of revenue primarily consists of costs related to hosting the Company’s cloud-based application, providing customer support, data communications expense, salaries and benefits of operations and support personnel, software development fees, software license fees, amortization expense associated with acquired developed technology assets, and property and equipment depreciation.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Cash and cash equivalents are maintained at one financial institution and, at times, balances may exceed federally insured limits. The Company has never experienced any losses related to these balances and does not believe it is exposed to any significant credit risk on cash and cash equivalents.
Accounts Receivable	Accounts Receivable Accounts receivable represent amounts due from customers. Management determines the allowance for doubtful accounts by regularly evaluating individual customer receivables and considering a customer’s financial condition, credit history and current economic conditions. Accounts receivable are written off when deemed uncollectible. Recoveries of accounts receivable previously written off are recorded when received. The allowance for doubtful accounts was approximately $15,000 and $25,000 as of June 30, 2015 and December 31, 2014 , respectively. Concentrations of credit risk with respect to accounts receivable are limited because a large number of geographically diverse customers make up the Company’s customer base, thus spreading the credit risk.
Property and Equipment	Property and Equipment Depreciation and amortization is computed using the straight-line method over the following estimated useful lives: Computer and Data Center Equipment 3 years Purchased and Acquired software 3 years Leasehold Improvements 3 - 5 years, or lease term if less Furniture and fixtures 7 years Major additions and improvements are capitalized, while replacements, maintenance and repairs, which do not improve or extend the life of the respective assets, are expensed as incurred. When assets are retired or otherwise disposed of, related costs and accumulated depreciation and amortization are removed and any gain or loss is reported.
Goodwill	Goodwill Goodwill represents the excess purchase price over the appraised value of the portion of identifiable assets that were acquired from the DeviceFidelity Inc. acquisition completed in March 2014. Goodwill is not amortized but is reviewed at least annually for impairment, or between annual dates if circumstances change that would more likely than not cause impairment. Management performs its annual impairment test at the close of each fiscal year, and considers several factors in evaluating goodwill for impairment, including the Company’s current financial position and results, general economic and industry conditions and legal and regulatory conditions.
Impairment of Long-lived Assets, Including License Agreements	Impairment of Long-lived Assets, Including License Agreements The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets.
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs are capitalized and amortized over the lives of the related debt agreements. The costs are amortized to interest expense using the effective interest method. In the event debt is converted or paid prior to maturity, any unamortized issuance costs are charged to expense.
Deferred Commissions	Deferred Commissions The Company capitalizes commission costs that are incremental and directly related to the acquisition of customer contracts. Commission costs are capitalized and amortized over the term of the related customer contract.
Net Loss Per Common Share	Net Loss Per Common Share Basic and diluted net loss per common share for all periods presented is computed by dividing the net loss available to common shareholders by the weighted average common shares outstanding and common stock equivalents, when dilutive. Potentially dilutive common stock equivalents include common shares issued pursuant to stock warrants, stock options, convertible preferred stock and convertible note agreements. Common stock equivalents were not included in determining the fully diluted loss per share as they were antidilutive. On February 12, 2014, Cachet Financial Solutions (Minnesota) completed a merger transaction (the “Merger”) with DE Acquisition 2, Inc. (“DE2”), a Delaware corporation and public company with no operations. Pursuant to the terms of the Merger, each share of common stock of Cachet Financial Solutions (Minnesota) that was issued and outstanding at such time was cancelled and converted into 10.9532 (the “exchange ratio”) shares of DE2’s common stock. Subsequently DE2 changed its name to Cachet Financial Solutions, Inc. On March 18, 2014, the Company completed a reverse stock split of its issued and outstanding common stock on a 1- for-10.9532 basis. The Company’s authorized capital shares previous to this transaction consisted of 22,500,000 shares of $.01 par value common stock and 2,500,000 shares of preferred stock. As a result of the DE 2 transaction, the Company’s new authorized capital consists of 500,000,000 shares of $.0001 par value common stock and 20,000,000 shares of preferred stock. All amounts in the accompanying financial statements and notes related to shares, share prices and loss per share reflect retrospective presentation of the reverse split. The following table reflects the amounts used in determining loss per share: Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Net Loss Attributable to Common Shareholders $ $ $ $ Weighted average common shares outstanding Net loss per common share – basic and diluted $ $ $ $ The following potential common shares were excluded from the calculation of diluted loss per share from continuing operations and diluted net loss per share attributable to common stockholders because their effect would have been anti-dilutive for the periods presented: As of June 30, June 30, 2015 2014 Convertible Preferred Stock - Stock Options Warrants
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company uses fair value measurements to record fair value adjustments for certain financial instruments and to determine fair value disclosures. Warrants issued with price protection features are recorded at fair value on a recurring basis. The carrying value of cash and cash equivalents, accounts receivable and accounts payable approximated fair value due to the short maturity of those instruments. With respect to determination of fair values of financial instruments there are the following three levels of inputs: Level 1 Inputs– Quoted prices for identical instruments in active markets. Level 2 Inputs– Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3 Inputs– Instruments with primarily unobservable value drivers. The warrants that are carried at fair value are valued using level 3 inputs utilizing a Black-Scholes option pricing model under probability weighted estimated outcomes.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect certain reported amounts and disclosures in the consolidated financial statements. Actual results could differ from those estimates. Significant estimates include the Company’s ability to continue as a going concern, allowance for doubtful accounts, assumptions used to value stock options and warrants, conversion incentive and share purchase price adjustment, and the value of shares of common stock issued for services.
Stock-Based Compensation	Stock-Based Compensation The Company accounts for stock-based compensation using the estimated fair values of warrants and stock options. For purposes of determining the estimated fair values the Company uses the Black-Scholes option pricing model. For the periods prior to the Company’s common stock being traded, the Company estimated the volatility of its common stock at the date of grant based on the volatility of comparable peer companies which are publicly traded; for later periods, the Company includes its actual common stock trading to compute volatility. The Company determines the expected life based on historical experience with similar awards, giving consideration to the contractual terms, vesting schedules and post-vesting forfeitures. The Company uses the risk-free interest rate on the implied yield currently available on U.S. Treasury issues with an equivalent remaining term approximately equal to the expected life of the award. The Company has never paid any cash dividends on its common stock and does not anticipate paying any cash dividends in the foreseeable future. Compensation expense for all share-based payment awards is recognized using the straight-line amortization method over the vesting period. The fair values of stock award grants are determined based on the number of shares granted and estimated fair value of the Company’s common stock on the date of grant.
Research and Development Costs	Research and Development Costs The Company considers those costs incurred in developing new processes and solutions to be research and development costs and they are expensed as incurred.
Recent Accounting Pronouncements	Recent Accounting Pronouncements On May 28, 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers . The core principle of the ASU is for companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration, or payment, to which the company expects to be entitled in exchange for those goods or services. The ASU may also result in enhanced disclosures about revenue. For public entities, the ASU is effective for annual reporting periods beginning after December 15, 2016, on July 9, 2015 , the FASB voted to allow a one year deferral of t he effective date. The deferral permit s early adoption, but does not allow adoption any earlier than the original effective date of the standard. We are currently evaluating the impact this standard will have on our consolidated financial statements. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties About an Entity’s Ability to Continue as a Going Concern. The amendments provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The standard will be effective for the Company on December 31, 2016. The adoption of this pronouncement may impact future assessment and disclosures related to the Company’s ability to continue as a going concern. In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update No. 2015-03, "Simplifying the Presentation of Debt Issuance Costs" ("ASU 2015-03") which changes the presentation of debt issuance costs in financial statements to present such costs as a direct deduction from the related debt liability rather than as an asset. ASU 2015-03 will become effective for public companies during interim and annual reporting periods beginning after December 15, 2015. Early adoption is permitted. We do not expect the adoption of ASU 2015-03 will have a material impact on our consolidated financial statements.

Nature of Operations and Summ24

Nature of Operations and Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2015
Nature of Operations and Summary of Significant Accounting Policies
Schedule of property plant and equipment estimated useful lives	Computer and Data Center Equipment 3 years Purchased and Acquired software 3 years Leasehold Improvements 3 - 5 years, or lease term if less Furniture and fixtures 7 years
Schedule of net loss per common share	Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Net Loss Attributable to Common Shareholders $ $ $ $ Weighted average common shares outstanding Net loss per common share – basic and diluted $ $ $ $
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	As of June 30, June 30, 2015 2014 Convertible Preferred Stock - Stock Options Warrants

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2015
Property and Equipment
Schedule of property and equipment	As of June 30, December 31, 2015 2014 (unaudited) (audited) Computer equipment $ $ Data center equipment Purchased software Furniture and fixtures Leasehold improvements Total property and equipment Less: accumulated depreciation Net property and equipment $ $

Accrued Expenses (Tables)

Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2015
Accrued Expenses
Schedule of accrued expenses	As of June 30, December 31, 2015 2014 (unaudited) (audited) Accrued compensation $ $ Accrued rent Accrued sales tax Total accrued expenses $ $

Financing Arrangements (Tables)

Financing Arrangements (Tables)	6 Months Ended
	Jun. 30, 2015
Financing Arrangements
Summary of debt outstanding	As of June 30, December 31, 2015 2014 (unaudited) (audited) Notes Payable to Directors and Affiliates $ $ Convertible Term Loan, due December 2016, interest at 10% Series Subordinated Note, due December 2015 Stated interest rate of 12% Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12% Note Payable, due August 2021, interest 0% Installment Note Payable – Bank Total Unamortized discount Total debt, net Less: current maturities Long-term portion $ $
Maturities of long-term debt	Six months ending December 31, 2015 $ 2016 2017 - 2018 - 2019 - 2020 - Thereafter $

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies.
Schedule of future minimum rental payments for operating leases	Six months ending December 31, 2015 $ 2016 2017 2018 2019 $
Schedule of future lease payments under capital leases	Six Months Ending December 31, 2015 $ 2016 2017 2018 Total payments Less: portion representing interest Principal portion Less: current portion Long-term portion $
Schedule of future maturities of capital lease obligations	Six Months Ending December 31, 2015 $ 2016 2017 2018 $

Acquisition (Tables)

Acquisition (Tables)	6 Months Ended
	Jun. 30, 2015
Acquisition
Fair value of assets acquired and liabilities assumed	Purchase Price: Cash paid $ Contingent consideration Total purchase price Fair Value of Assets Acquired and Liabilities Assumed Tangible assets acquired: Property and equipment, net $ Total tangible assets acquired Identified intangible assets acquired: Customer contracts Proprietary software Total assets acquired in excess of liabilities assumed Goodwill Total purchase price $
Schedule of pro forma results	Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 (unaudited) (unaudited) (unaudited) (unaudited) Revenues $ $ $ $ Net Loss Basic and diluted net loss per common share $ $ $ $ Weighted average shares - basic and diluted

Goodwill and Finite Life Inta30

Goodwill and Finite Life Intangibles Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Finite Life Intangibles Assets
Schedule of identified intangible assets	Amortizable June 30, 2015 Period Gross Accumulated Net (years) Assets Amortization Assets Customer Contracts 3 - 5 $ $ $ Proprietary Software 3 Total identified intangible assets $ $ $
Schedule of amortization expense for identified intangible assets	Statement of Three Months Ended Six Months Ended Operations June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Classification Customer Contracts $ $ $ $ Cost of Revenue Proprietary Software Cost of Revenue Total amortization on identified intangible assets $ $ $ $
Schedule of future amortization expense	Six Months Ending December 31, 2015 $ 2016 2017 2018 2019 $

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Statement Of Stockholders Equity [Abstract]
Summary of assumptions used to determine fair value of warrants	Both Periods Expected term 1.5 - 5 Years Expected dividend 0 Volatility 26% - 38% Risk-free interest rate 0.25% - 1.37%

Stock-Based Compensation and 32

Stock-Based Compensation and Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2015
Stock-Based Compensation and Benefit Plans
Summary of stock based compensation	Three Months Ended Six Months Ended June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Stock-based compensation costs included in: Cost of revenue $ $ $ $ Sales and marketing expenses Research and development expenses General and administrative expenses Total stock-based compensation expense $ $ $ $
Schedule of fair values of stock options granted and assumptions used for the Black-Scholes-Merton option pricing model	Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Estimated Fair Value $ $ $ $ Shares Issuable Under Options Granted Expected Term 3 Years 3 Years 2 to 3 Years 3 Years Expected Dividend % % % % Volatility % % 26% to 30 % % Risk Free Interest Rate 0.86% to 0.91 % % 0.22% to 1.07 % %

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2015
Related Party Transactions
Schedule of related party transactions	As of June 30, December 31, 2015 2014 Debt held by related parties $ $ Warrants held by related parties Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Interest paid to related parties $ $ — $ $ — Related party interest expense

Nature of Operations and Summ34

Nature of Operations and Summary of Significant Accounting Policies (Details) - Range [Domain]	Feb. 03, 2015USD ($)director$ / sharesshares	Jul. 30, 2014USD ($)director	Jun. 30, 2015USD ($)contract$ / sharesshares	May. 31, 2015USD ($)	Feb. 28, 2015USD ($)$ / sharesshares	Jan. 31, 2014USD ($)shares	Jun. 30, 2015USD ($)contract$ / sharesshares	Mar. 31, 2015$ / sharesshares	Jun. 30, 2015USD ($)contract$ / sharesshares	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)$ / sharesshares	Aug. 12, 2015USD ($)
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Cumulative operating losses			$ (63,858,298)				$ (63,858,298)		$ (63,858,298)		$ (51,720,525)
Working capital (deficit)			(2,500,000)				(2,500,000)		(2,500,000)
Cash paid for acquisition										$ 1,375,000
Amount outstanding			$ 4,727,094				$ 4,727,094		4,727,094		$ 4,782,538
Debt converted						$ 986,793
Conversion of debt, shares issued | shares						246,867
Conversion of debt and interest into shares									752,000	$ 986,793
Proceeds from issuance of convertible preferred stock and warrants									2,200,000
Proceeds from issuance of convertible preferred stock									$ 4,403,664
Convertible preferred stock, shares issued | shares			44,030				44,030		44,030		2,229,702
Convertible preferred stock, par value | $ / shares			$ 0.0001				$ 0.0001		$ 0.0001		$ 0.0001
Subscription received			$ 500,000				$ 500,000		$ 500,000
Allowance for doubtful accounts receivable			$ 15,000				$ 15,000		$ 15,000		$ 25,000
Number of contracts | contract			437				437		437
Number of active contracts | contract			312				312		312
Placement Agent
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Period of warrant							5 years
Scarsdale Equities LLC
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			$ 0.4816				$ 0.4816		$ 0.4816
Shares that may be purchased under warrant agreement | shares			703,997				703,997		703,997
Offering commission							$ 220,150
ROTH Capital Partners
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			$ 0.5254				$ 0.5254		$ 0.5254
Shares that may be purchased under warrant agreement | shares			241,746				241,746		241,746
Offering commission							$ 105,836
Convertible Preferred Stock Series A
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Issuance of shares (in shares) | shares									9,000
Share price (in dollars per share) | $ / shares			$ 1.50				$ 1.50		$ 1.50
Divident rate ( as a percentage)									8.00%
Initial Conversion price | $ / shares	$ 1.50
Preferred Stock Conversion Rate Adjusted | $ / shares	1.15
Convertible Preferred Stock Series B
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Issuance of shares (in shares) | shares									2,065,891
Share price (in dollars per share) | $ / shares	1.15		1.15				$ 1.15		$ 1.15
Divident rate ( as a percentage)									8.00%
Convertible Preferred Stock Series C
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Divident rate ( as a percentage)							10.00%
Initial Conversion price | $ / shares			$ 0.4378				$ 0.4378		$ 0.4378
Gross Proceeds from offering							$ 10,000,000
Closing price (in percentage)							100.00%
Conversion trading days							40 days
Conversion consecutive trading days							60 days
Number of years of offering							4 years
Percentage of holders of preferred stock							50.00%
Additional Shares of common stock | shares									8,232,628
Stock Subscription Receivable			$ (450,000)				$ (450,000)		$ (450,000)
Note Payable Due April 2015
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Monthly payment				$ 50,000
Amount outstanding, including accrued interest			500,000				500,000		500,000
Notes Payable to Directors and Affiliates
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Amount outstanding			$ 1,348,000				$ 1,348,000		$ 1,348,000		1,350,000
Notes Payable to Directors and Affiliates | Convertible Preferred Stock Series C
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Convertible preferred stock, shares issued | shares			4,000				4,000		4,000
Common Stock Warrants
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Adjusted exercise price of warrants (in dollars per share) | $ / shares			$ 0.45				$ 0.45		$ 0.45
Period of warrant			5 years
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series A Convertible Preferred Stock
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares	2		$ 2				2		2
Adjusted exercise price of warrants (in dollars per share) | $ / shares	$ 0.4816		$ 0.4816				$ 0.4816		$ 0.4816
Period of warrant									5 years
Shares that may be purchased under warrant agreement | shares			9,000				9,000		9,000
Common Stock Purchase Warrants Issued in Connection With Issuance of Series B Convertible Preferred Stock
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Period of warrant									5 years
Shares that may be purchased under warrant agreement | shares			2,065,891				2,065,891		2,065,891
Common Stock Purchase Warrants Issued in Connection With Issuance of Series B Convertible Preferred Stock | Scarsdale Equities LLC
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Preferred Stock Conversion Rate Adjusted | $ / shares			$ 0.4816				$ 0.4816		$ 0.4816
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			1.15				1.15		1.15
Adjusted exercise price of warrants (in dollars per share) | $ / shares			0.4816				0.4816		0.4816
Preferred Stock Conversion Rate Adjusted | $ / shares			0.4816				0.4816		0.4816
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock | Convertible Preferred Stock Series C
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			$ 0.4816				$ 0.4816		$ 0.4816
Period of warrant									5 years
Shares that may be purchased under warrant agreement | shares			10,057,119				10,057,119		10,057,119
Convertible preferred stock, shares issued | shares			44,030				44,030		44,030
Common Stock
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Issuance of shares (in shares) | shares					74,765
Additional Shares of common stock | shares							8,232,628		8,232,628
Private Placement
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			$ 0.4816				$ 0.4816		$ 0.4816
Proceeds from issuance of convertible preferred stock and warrants											$ 3,000,000
Total (Cash and non-cash) gross proceeds			$ 4,403,000
Gross proceeds in the form of cash			$ 2,951,000
Private Placement | Convertible Preferred Stock Series A
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Share price (in dollars per share) | $ / shares								$ 1.50			$ 1.50
Private Placement | Convertible Preferred Stock Series B
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Share price (in dollars per share) | $ / shares								1.15
Private Placement | Convertible Preferred Stock Series C
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Convertible preferred stock, shares issued | shares			44,030				44,030		44,030
Convertible preferred stock, par value | $ / shares			$ 100				$ 100		$ 100
Private Placement | Notes Payable to Directors and Affiliates
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Promissory notes term			150 days
Gross proceeds in the form of promissory notes			$ 950,000
Private Placement | Notes Payable to Directors and Affiliates | Convertible Preferred Stock Series C
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			$ 0.4378				$ 0.4378		$ 0.4378
Period of warrant			5 years
Private Placement | Common Stock Warrants | Notes Payable to Directors and Affiliates
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Shares that may be purchased under warrant agreement | shares			232,983				232,983		232,983
Private Placement | Common Stock Purchase Warrants Issued In Connection With Issuance Of Series A Convertible Preferred Stock
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares								2			2
Adjusted exercise price of warrants (in dollars per share) | $ / shares								$ 0.4816			$ 0.4816
Period of warrant								5 years			5 years
Shares that may be purchased under warrant agreement | shares								9,000			2,229,702
Private Placement | Common Stock Purchase Warrants Issued in Connection With Issuance of Series B Convertible Preferred Stock
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares								$ 1.15
Adjusted exercise price of warrants (in dollars per share) | $ / shares								$ 0.4816
Period of warrant								5 years
Shares that may be purchased under warrant agreement | shares								2,065,891
Proceeds from issuance of convertible preferred stock and warrants									$ 2,200,000
Private Placement | Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			$ 0.4816				$ 0.4816		$ 0.4816
Period of warrant			5 years
Shares that may be purchased under warrant agreement | shares			10,057,119				10,057,119		10,057,119
Director
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			$ 0.4378				$ 0.4378		$ 0.4378
Shares that may be purchased under warrant agreement | shares			913,659				913,659		913,659
Director | Convertible Preferred Stock Series C
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Stock Subscription Receivable			$ 950,000				$ 950,000		$ 950,000
Director | Convertible Preferred Stock Series C | Expected
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Subscription received												$ 500,000
Director | Common Stock Warrants
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Period of warrant			5 years
Director | Private Placement | Convertible Preferred Stock Series B
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Conversion of debt, shares issued | shares	217,391
Michael J. Hanson
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Debt converted			$ 302,000
Conversion of debt, shares issued | shares			3,020
Michael J. Hanson | Private Placement
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Conversion of debt, shares issued | shares			3,020
Michael J. Hanson | Private Placement | Notes Payable to Directors and Affiliates | Convertible Preferred Stock Series C
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Conversion of debt, shares issued | shares			1,020
James L. Davis
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Debt converted			$ 200,000
Conversion of debt, shares issued | shares			2,000
James L. Davis | Common Stock Warrants
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Period of warrant			5 years
James L. Davis | Common Stock
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			$ 0.44				$ 0.44		$ 0.44
Shares that may be purchased under warrant agreement | shares			241,900				241,900		241,900
James L. Davis | Private Placement
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Conversion of debt, shares issued | shares			2,000
Line of credit | Director
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Amount outstanding			$ 1,100,000				$ 1,100,000		$ 1,100,000
Gross proceeds from financing transactions that would trigger the line of credit payable to a related party to become due											$ 10,000,000
Line of credit | Director | Private Placement | Notes Payable to Directors and Affiliates
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Debt converted	$ 250,000
Number of directors | director	1
Line of credit | Michael J. Hanson | Private Placement | Notes Payable to Directors and Affiliates
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Principal balance owned			$ 102,000
Financial Commitment Letter July 2014 | Michael J. Hanson | Private Placement | Convertible Preferred Stock Series B
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Conversion of debt, shares issued | shares					217,391
Financial Commitment Letter July 2014 | Michael J. Hanson | Private Placement | Convertible Preferred Stock Series C
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Conversion of debt, shares issued | shares							1,020
Financial Commitment Letter July 2014 | Michael J. Hanson | Private Placement | Common Stock Warrants
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Warrants issued for debt conversion | shares					217,391
Exercise price of warrants (in dollars per share) | $ / shares			$ 0.4816				$ 0.4816		$ 0.4816
Period of warrant					5 years		5 years
Shares that may be purchased under warrant agreement | shares			232,983				232,983		232,983
Financial Commitment Letter July 2014 | Michael J. Hanson | Private Placement | Common Stock Purchase Warrants Issued in Connection With Issuance of Series B Convertible Preferred Stock
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Exercise price of warrants (in dollars per share) | $ / shares					$ 1.15
Adjusted exercise price of warrants (in dollars per share) | $ / shares					$ 0.4816
Financial Commitment Letter July 2014 | Line of credit | Director | Notes Payable to Directors and Affiliates
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Amount outstanding			$ 348,000				$ 348,000		$ 348,000		$ 350,000
Number of directors | director		2
Maximum borrowing capacity under financing agreement		$ 2,500,000
Interest rate (as a percentage)		10.00%			10.00%
Default interest rate (as a percentage)		18.00%
Amount outstanding, including accrued interest			$ 381,000				381,000		381,000
Principal amount of debt, maturity date extended					$ 450,000
Total borrowings									$ 350,000
Financial Commitment Letter July 2014 | Line of credit | Michael J. Hanson | Private Placement | Notes Payable to Directors and Affiliates
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Debt converted					$ 250,000
Principal balance owned							$ 102,000

Nature of Operations and Summ35

Nature of Operations and Summary of Significant Accounting Policies - Property, Equipment, Goodwill, Long-Lived Assets (Details)	6 Months Ended
	Jun. 30, 2015
Computer and Data Center Equipment
Property and Equipment
Property and equipment estimated useful lives	3 years
Purchased and Acquired Software
Property and Equipment
Property and equipment estimated useful lives	3 years
Furniture and fixtures
Property and Equipment
Property and equipment estimated useful lives	7 years
Minimum | Leasehold improvements
Property and Equipment
Property and equipment estimated useful lives	3 years
Maximum | Leasehold improvements
Property and Equipment
Property and equipment estimated useful lives	5 years

Nature of Operations and Summ36

Nature of Operations and Summary of Significant Accounting Policies - Merger Transaction (Details)	Mar. 18, 2014$ / sharesshares	Feb. 12, 2014	Jun. 30, 2015$ / sharesshares	Dec. 31, 2014$ / sharesshares	Mar. 17, 2014$ / sharesshares
Net Loss Per Common Share - Merger Transaction
Shares authorized, common	500,000,000		500,000,000	500,000,000	22,500,000
Par value, common (in dollars per share) | $ / shares	$ 0.0001		$ 0.0001	$ 0.0001	$ 0.01
Shares authorized, preferred	20,000,000		20,000,000	20,000,000	2,500,000
Merger Transaction
Net Loss Per Common Share - Merger Transaction
Shares authorized, common	500,000,000
Par value, common (in dollars per share) | $ / shares	$ 0.0001
Shares authorized, preferred	20,000,000
Merger Transaction | DE2
Net Loss Per Common Share - Merger Transaction
Exchange ratio	0.09129752
DE2 | Merger Transaction | Common Stock
Net Loss Per Common Share - Merger Transaction
Number of shares of acquirer common stock issued per share of acquiree's common stock		10.9532

Nature of Operations and Summ37

Nature of Operations and Summary of Significant Accounting Policies - Earnings Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Potential common shares excluded from calculation of diluted loss per share because their effect would be anti-dilutive
Antidilutive securities			37,014,620	2,121,629
Net Loss Per Common Share
Net Loss Attributable to Common Shareholders	$ (8,921,084)	$ (4,246,802)	$ (12,085,571)	$ (7,118,685)
Weighted average common shares outstanding	24,464,979	6,536,602	21,627,532	6,328,419
Net Loss Per Common Share - basic and diluted	$ (0.36)	$ (0.65)	$ (0.56)	$ (1.12)
Convertible Preferred Stock.
Potential common shares excluded from calculation of diluted loss per share because their effect would be anti-dilutive
Antidilutive securities			10,057,119
Stock options
Potential common shares excluded from calculation of diluted loss per share because their effect would be anti-dilutive
Antidilutive securities			2,723,250	862,167
Common Stock Warrants
Potential common shares excluded from calculation of diluted loss per share because their effect would be anti-dilutive
Antidilutive securities			24,234,251	1,259,462

Note Receivable (Details)

Note Receivable (Details) - USD ($)	Jun. 30, 2015	Feb. 28, 2015
Note Receivable
Note receivable, interest rate	5.00%
Note receivable, face amount	$ 501,000
Note receivable allowance as a percentage of outstanding balance	100.00%
Note receivable, default judgment		$ 542,000

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Property and Equipment
Total property and equipment	$ 2,002,157		$ 2,002,157		$ 1,454,865
Less: accumulated depreciation	(1,290,976)		(1,290,976)		(1,158,940)
Net property and equipment	711,181		711,181		295,925
Depreciation	85,000	$ 132,000	60,000	$ 125,000
Computer equipment
Property and Equipment
Total property and equipment	217,866		217,866		216,486
Data center equipment
Property and Equipment
Total property and equipment	954,542		954,542		444,906
Purchased software
Property and Equipment
Total property and equipment	675,623		675,623		651,016
Furniture and fixtures
Property and Equipment
Total property and equipment	89,773		89,773		84,433
Leasehold improvements
Property and Equipment
Total property and equipment	$ 64,353		$ 64,353		$ 58,024

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Accrued Expenses
Accrued compensation	$ 180,971	$ 128,135
Accrued rent	38,000	36,149
Accrued sales tax	4,152	37,484
Total accrued expenses	$ 223,123	$ 201,768

Financing Arrangements - Summar

Financing Arrangements - Summary of Debt (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Summary of debt outstanding:
Total	$ 4,727,094	$ 4,782,538
Unamortized discount	(20,837)	(145,835)
Total debt, net	4,706,257	4,636,703
Less: current maturities	2,214,257	2,070,217
Long-term portion	2,492,000	2,566,486
Notes Payable to Directors and Affiliates
Summary of debt outstanding:
Total	$ 1,348,000	$ 1,350,000
Convertible Term Loans, due December 2016, interest at 10%
Summary of debt outstanding:
Interest rate (as a percentage)	10.00%	10.00%
Total	$ 2,300,000	$ 2,300,000
Series Subordinated Notes, due December 2015 Stated interest rate of 12%
Summary of debt outstanding:
Interest rate (as a percentage)	12.00%	12.00%
Total	$ 499,591	$ 613,808
Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12%
Summary of debt outstanding:
Proceeds from one or more private placements of debt or equity securities that would trigger the debt instrument to become due	10,000,000
Total	$ 74,486	74,486
Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12% | Minimum
Summary of debt outstanding:
Interest rate (as a percentage)	8.25%
Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12% | Maximum
Summary of debt outstanding:
Interest rate (as a percentage)	12.00%
Note Payable, due August 2021, interest at 0%
Summary of debt outstanding:
Interest rate (as a percentage)	0.00%
Total	$ 192,000	192,000
Installment Note Payable - Bank
Summary of debt outstanding:
Total	$ 313,017	$ 252,244

Financing Arrangements - Future

Financing Arrangements - Future Maturities (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Financing Arrangements
Nine months ending December 31, 2015	$ 2,139,772
2,016	2,374,485
Thereafter	192,000
Total debt, net	$ 4,706,257	$ 4,636,703

Financing Arrangements Details

Financing Arrangements Details (Details)	Feb. 03, 2015USD ($)director	Jul. 30, 2014USD ($)director	Jul. 14, 2014USD ($)$ / sharesshares	May. 12, 2014	Feb. 12, 2014USD ($)	Jun. 30, 2015USD ($)$ / sharesshares	Apr. 30, 2015USD ($)	Feb. 28, 2015USD ($)	Dec. 31, 2014USD ($)shares	Aug. 31, 2014USD ($)	Jun. 30, 2014USD ($)	May. 31, 2014USD ($)	Mar. 31, 2014USD ($)	Feb. 28, 2014USD ($)shares	Jan. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2013USD ($)	Jun. 30, 2015USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)shares	Feb. 28, 2014USD ($)shares	Jun. 30, 2015USD ($)$ / sharesshares	Jun. 18, 2014USD ($)
Financing Arrangements (Textual)
Preferred Stock, Shares Issued | shares						44,030			2,229,702								44,030	44,030	2,229,702		44,030
Amount outstanding						$ 4,727,094			$ 4,782,538								$ 4,727,094	$ 4,727,094	$ 4,782,538		$ 4,727,094
Conversion of debt, shares issued | shares															246,867
Accrued interest						$ 182,432			$ 182,184								$ 182,432	$ 182,432	$ 182,184		$ 182,432
Principal amount of debt converted															$ 986,793
Private Placement
Financing Arrangements (Textual)
Exercise price of warrants (in dollars per share) | $ / shares						$ 0.4816											$ 0.4816	$ 0.4816			$ 0.4816
Private Placement | Convertible Preferred Stock Series C
Financing Arrangements (Textual)
Preferred Stock, Shares Issued | shares						44,030											44,030	44,030			44,030
Merger Transaction | DE2
Financing Arrangements (Textual)
Long term debt assumed					$ 85,105
Common Stock Warrants
Financing Arrangements (Textual)
Period of warrant						5 years
Prime Rate
Financing Arrangements (Textual)
Variable interest rate at end of period						3.25%			3.25%								3.25%	3.25%	3.25%		3.25%
Director
Financing Arrangements (Textual)
Exercise price of warrants (in dollars per share) | $ / shares						$ 0.4378											$ 0.4378	$ 0.4378			$ 0.4378
Shares that may be purchased under warrant agreement | shares						913,659											913,659	913,659			913,659
Director | Common Stock Warrants
Financing Arrangements (Textual)
Period of warrant						5 years
Michael J. Hanson
Financing Arrangements (Textual)
Conversion of debt, shares issued | shares						3,020
Principal amount of debt converted						$ 302,000
Michael J. Hanson | Private Placement
Financing Arrangements (Textual)
Conversion of debt, shares issued | shares						3,020
Short term notes payable | Common Stock Warrants
Financing Arrangements (Textual)
Total borrowings																				$ 3,285,000
Exercise price of warrants (in dollars per share) | $ / shares															$ 3.60
Shares that may be purchased under warrant agreement | shares															821,250
Short term notes payable | Common Stock Warrants | Minimum
Financing Arrangements (Textual)
Period of warrant															3 years
Short term notes payable | Common Stock Warrants | Maximum
Financing Arrangements (Textual)
Period of warrant															5 years
Short term notes payable | Director | Common Stock Warrants
Financing Arrangements (Textual)
Total borrowings																				$ 2,875,000
Shares that may be purchased under warrant agreement | shares														718,750						718,750
Financial Commitment Letter July 2014 | Michael J. Hanson | Private Placement | Convertible Preferred Stock Series C
Financing Arrangements (Textual)
Conversion of debt, shares issued | shares																	1,020
Financial Commitment Letter July 2014 | Michael J. Hanson | Common Stock Warrants | Private Placement
Financing Arrangements (Textual)
Exercise price of warrants (in dollars per share) | $ / shares						$ 0.4816											$ 0.4816	$ 0.4816			$ 0.4816
Period of warrant								5 years									5 years
Shares that may be purchased under warrant agreement | shares						232,983											232,983	232,983			232,983
Line of credit | Director
Financing Arrangements (Textual)
Amount outstanding						$ 1,100,000											$ 1,100,000	$ 1,100,000			$ 1,100,000
Line of credit | Michael J. Hanson | Conversion terms if IPO is completed on or before July 31, 2014
Financing Arrangements (Textual)
Amount outstanding, including accrued interest						500,000											500,000	500,000			500,000
Notes payable to bank
Financing Arrangements (Textual)
Principal amount of debt, modification of terms																		313,000	$ 252,000
Increase in amount of installment note payable							$ 113,000
Notes Payable to Directors and Affiliates
Financing Arrangements (Textual)
Amount outstanding						$ 1,348,000			$ 1,350,000								$ 1,348,000	$ 1,348,000	1,350,000		$ 1,348,000
Notes Payable to Directors and Affiliates | Convertible Preferred Stock Series C
Financing Arrangements (Textual)
Preferred Stock, Shares Issued | shares						4,000											4,000	4,000			4,000
Notes Payable to Directors and Affiliates | Private Placement | Convertible Preferred Stock Series C
Financing Arrangements (Textual)
Exercise price of warrants (in dollars per share) | $ / shares						$ 0.4378											$ 0.4378	$ 0.4378			$ 0.4378
Period of warrant						5 years
Notes Payable to Directors and Affiliates | Common Stock Warrants | Private Placement
Financing Arrangements (Textual)
Shares that may be purchased under warrant agreement | shares						232,983											232,983	232,983			232,983
Notes Payable to Directors and Affiliates | Michael J. Hanson | Private Placement | Convertible Preferred Stock Series C
Financing Arrangements (Textual)
Conversion of debt, shares issued | shares						1,020
Notes Payable to Directors and Affiliates | Related Party Loan Six | Director
Financing Arrangements (Textual)
Total borrowings																					$ 4,425,000
Notes Payable to Directors and Affiliates | Tranche One | Related Party Loan Six | Director
Financing Arrangements (Textual)
Total borrowings																					$ 400,000
Notes Payable to Directors and Affiliates | Letter Agreement
Financing Arrangements (Textual)
Borrowings during period											$ 450,000
Notes Payable to Directors and Affiliates | Notes payable | Related Party Loan Six | Director
Financing Arrangements (Textual)
Interest rate (as a percentage)						10.00%											10.00%	10.00%			10.00%
Notes Payable to Directors and Affiliates | Line of credit
Financing Arrangements (Textual)
Borrowings during period																		$ 350,000
Notes Payable to Directors and Affiliates | Line of credit | Directors and Affiliates
Financing Arrangements (Textual)
Amount outstanding						$ 1,000,000			1,000,000								$ 1,000,000	1,000,000	1,000,000		$ 1,000,000
Accrued interest						121,562			$ 71,973								121,562	121,562	71,973		121,562
Beneficial conversion feature			$ 250,000															21,000	$ 146,000
Notes Payable to Directors and Affiliates | Line of credit | Director | Private Placement
Financing Arrangements (Textual)
Number of directors | director	1
Principal amount of debt converted	$ 250,000
Notes Payable to Directors and Affiliates | Line of credit | Michael J. Hanson | Private Placement
Financing Arrangements (Textual)
Principal balance owned						102,000
Notes Payable to Directors and Affiliates | Line of credit | Related Party Loan Six | Director
Financing Arrangements (Textual)
Interest rate (as a percentage)									10.00%										10.00%
Maximum borrowing capacity						1,000,000											1,000,000	1,000,000			1,000,000
Amount outstanding											$ 1,500,000
Notes Payable to Directors and Affiliates | Line of credit | Related Party Loan Six | Director | Conversion terms if IPO is completed on or before July 31, 2014
Financing Arrangements (Textual)
Discount on conversion price, expressed as a percentage at which the shares of the Company's stock are sold in the offering									20.00%										20.00%
Notes Payable to Directors and Affiliates | Line of credit | Short term notes payable
Financing Arrangements (Textual)
Amortization expense																	62,000	125,000
Notes Payable to Directors and Affiliates | Line of credit | Letter Agreement | Director
Financing Arrangements (Textual)
Conversion of debt, shares issued | shares			416,667
Notes Payable to Directors and Affiliates | Line of credit | Letter Agreement | Director | Common Stock Warrants
Financing Arrangements (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			$ 1.88
Period of warrant			5 years
Shares that may be purchased under warrant agreement | shares			333,333
Price of the warrants issued as part of the debt conversion, expressed as a percentage of the initial public offering price			125.00%
Notes Payable to Directors and Affiliates | Line of credit | Financial Commitment Letter July 2014 | Director
Financing Arrangements (Textual)
Total borrowings																		350,000
Number of directors | director		2
Interest rate (as a percentage)		10.00%						10.00%
Amount outstanding, including accrued interest						381,000											381,000	381,000			381,000
Amount outstanding						348,000			$ 350,000								348,000	348,000	$ 350,000		348,000
Accrued interest						$ 32,588											32,588	$ 32,588			$ 32,588
Maximum borrowing capacity under financing agreement		$ 2,500,000
Default interest rate (as a percentage)		18.00%
Principal amount of debt, maturity date extended								$ 450,000
Notes Payable to Directors and Affiliates | Line of credit | Financial Commitment Letter July 2014 | Michael J. Hanson | Private Placement
Financing Arrangements (Textual)
Principal amount of debt converted								$ 250,000
Principal balance owned																	$ 102,000
Convertible Term Loans, due December 2016, interest at 10%
Financing Arrangements (Textual)
Interest rate (as a percentage)						10.00%			10.00%								10.00%	10.00%	10.00%		10.00%
Amount outstanding						$ 2,300,000			$ 2,300,000								$ 2,300,000	$ 2,300,000	$ 2,300,000		$ 2,300,000
Convertible Term Loans, due December 2016, interest at 10% | Convertible notes payable
Financing Arrangements (Textual)
Interest rate (as a percentage)																10.00%
Amount outstanding			$ 2,300,000			2,300,000											2,300,000	2,300,000			2,300,000	$ 3,250,000
Conversion of debt, shares issued | shares			980,213
Accrued interest						$ 254,329			$ 140,275								$ 254,329	254,329	$ 140,275		$ 254,329
Beneficial conversion feature			$ 894,444
Maximum borrowing capacity under financing agreement																$ 4,000,000
Principal amount of debt converted			1,000,000
Maximum additional borrowing capacity																$ 4,000,000
Amount of debt convertible upon completion of IPO																						$ 1,000,000
Accrued interest on debt converted			$ 58,630
Interest expense related to beneficial conversion feature																		$ 894,444
Convertible Term Loans, due December 2016, interest at 10% | Convertible notes payable | Minimum
Financing Arrangements (Textual)
Increase in interest rate due to default (as a percentage)																2.00%
Convertible Term Loans, due December 2016, interest at 10% | Convertible notes payable | Maximum
Financing Arrangements (Textual)
Increase in interest rate due to default (as a percentage)																4.00%
Convertible Term Loans, due December 2016, interest at 10% | Convertible notes payable | Common Stock Warrants
Financing Arrangements (Textual)
Exercise price of warrants (in dollars per share) | $ / shares			$ 1.875
Period of warrant			5 years
Shares that may be purchased under warrant agreement | shares			705,753
Price of the warrants issued as part of the debt conversion, expressed as a percentage of the initial public offering price			125.00%
Convertible Term Loans, due December 2016, interest at 10% | Convertible notes payable | Amendment,, first conversion right
Financing Arrangements (Textual)
Debt conversion rate expressed as a percentage of the price based on the terms offered in the Convertible Subordinated Note, due June 2015				90.00%
Conversion right extension period following closing date of IPO				120 days
Price of warrants expressed as a percentage of the initial public offering price, upon conversion of debt				125.00%
Convertible Term Loans, due December 2016, interest at 10% | Convertible notes payable | Amendment, second conversion right
Financing Arrangements (Textual)
Debt conversion rate, expressed as a percentage of the per share price of the securities offered in the financing transaction (as a percentage)				125.00%
Percentage warrant coverage awarded upon conversion of the debt				100.00%
Series Subordinated Notes, due December 2015 Stated interest rate of 12%
Financing Arrangements (Textual)
Interest rate (as a percentage)						12.00%			12.00%								12.00%	12.00%	12.00%		12.00%
Amount outstanding						$ 499,591			$ 613,808								$ 499,591	$ 499,591	$ 613,808		$ 499,591
Accrued interest									100,745										100,745
Principal and accrued interest reclassified																		499,592	613,808
Monthly installment amount									50,000
Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12%
Financing Arrangements (Textual)
Amount outstanding						$ 74,486			74,486								$ 74,486	74,486	74,486		$ 74,486
Proceeds from one or more private placements of debt or equity securities that would trigger the debt instrument to become due																		$ 10,000,000
Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12% | Minimum
Financing Arrangements (Textual)
Interest rate (as a percentage)						8.25%											8.25%	8.25%			8.25%
Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12% | Maximum
Financing Arrangements (Textual)
Interest rate (as a percentage)						12.00%											12.00%	12.00%			12.00%
Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12% | Merger Transaction | DE2
Financing Arrangements (Textual)
Long term debt assumed															$ 74,486
Proceeds from one or more private placements of debt or equity securities that would trigger the debt instrument to become due														$ 10,000,000
Note Payable, due August 2021, interest at 0%
Financing Arrangements (Textual)
Interest rate (as a percentage)						0.00%											0.00%	0.00%			0.00%
Amount outstanding						$ 192,000			192,000								$ 192,000	$ 192,000	192,000		$ 192,000
Note Payable, due August 2021, interest at 0% | Notes payable
Financing Arrangements (Textual)
Interest rate (as a percentage)										0.00%
Default interest rate (as a percentage)										20.00%
Borrowings										$ 192,000
Debt premium immediately due if the Company transfers more than a majority of its ownership, expressed as a percentage of the principal balance										30.00%
Default period to trigger increase in interest rate										30 days
Installment Note Payable - Bank
Financing Arrangements (Textual)
Amount outstanding						$ 313,017			$ 252,244								$ 313,017	$ 313,017	$ 252,244		$ 313,017
Installment Note Payable To Bank April 2015 | Notes payable
Financing Arrangements (Textual)
Borrowings							330,000
Installment Note Payable To Bank April 2015 | Notes payable to bank
Financing Arrangements (Textual)
Monthly installment amount							$ 9,903
Installment Note Payable To Bank April 2015 | Notes payable to bank | Minimum
Financing Arrangements (Textual)
Minimum interest rate (as a percentage)							5.00%
Installment Note Payable To Bank April 2015 | Notes payable to bank | Prime Rate
Financing Arrangements (Textual)
Basis spread on variable rate							1.00%
Installment Note Payable to Bank March 2014 | Notes payable to bank
Financing Arrangements (Textual)
Monthly installment amount													$ 9,903
Borrowings							$ 216,000						$ 330,020
Installment Note Payable to Bank March 2014 | Notes payable to bank | Minimum
Financing Arrangements (Textual)
Minimum interest rate (as a percentage)													5.00%
Installment Note Payable to Bank March 2014 | Notes payable to bank | Prime Rate
Financing Arrangements (Textual)
Basis spread on variable rate													1.00%
Convertible Notes, due March 2015, interest at 10% | Convertible notes payable
Financing Arrangements (Textual)
Principal and accrued interest reclassified												$ 356,616

Commitments and Contingencies -

Commitments and Contingencies - Operating Leases (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)ft²	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)ft²	Jun. 30, 2014USD ($)
Commitments and Contingencies
Rent expense | $	$ 125,742	$ 74,526	$ 252,720	$ 135,577
Chanhassen office lease
Commitments and Contingencies
Area of office space	22,000		22,000
Dallas office lease
Commitments and Contingencies
Area of office space	1,812		1,812
Various computer leases
Commitments and Contingencies
Operating lease term			3 years

Commitments and Contingencies45

Commitments and Contingencies - Minimum Lease Commitments and Other (Details)	Jun. 30, 2015USD ($)
Minimum Lease Commitments
Nine months ending December 31, 2015	$ 224,229
2,016	288,079
2,017	65,361
2,018	8,347
2,019	657
Minimum lease commitments total	$ 586,673

Commitments and Contingencies46

Commitments and Contingencies - Capital Lease Obligations (Details) - Jun. 30, 2015 - USD ($)	Total	Total
Capital Leases
Amortization expense	$ 30,000	$ 30,000
Future lease payments under the capital lease obligations
Six Months Ending December 31, 2015	171,473	171,473
2,016	369,796	369,796
2,017	287,893	287,893
2,018	15,564	15,564
Total payments	844,726	844,726
Less: portion representing interest	56,104	56,104
Principal portion	788,622	788,622
Less: current portion	(321,686)	(321,686)
Long-term portion	466,936	466,936
Future maturities of capital lease obligations
Six Months Ending December 31, 2015	151,332	151,332
2,016	341,114	341,114
2,017	280,709	280,709
2,018	15,467	15,467
Total	$ 788,622	788,622
Capital Lease Obligations
Capital Leases
Monthly payment		$ 10,759
Capital Lease Obligations | Director
Capital Leases
Capital lease, inputed interest rate (as percent)	7.30%	7.30%
Property and Equipment
Capital Leases
Total cost	$ 584,000	$ 584,000

Commitments and Contingencies47

Commitments and Contingencies - Guarantee and Financial Service Agreements (Details) - USD ($)	1 Months Ended
	Jun. 30, 2015	Feb. 28, 2015	Jan. 31, 2015
Financial Services Agreements
Investment advisory compensation, expressed as a percentage of funds raised	5.00%		7.00%
Warrants issued equal to percentage of shares issued as part of a private equity offering			7.00%
Price of warrants expressed as a percentage of the price of securities sold as part of a private equity offering per the terms of the financial advisory services agreement			120.00%
Term of investment advisory services agreement			6 months
Equity offering per terms investment advisory services agreement			$ 15,000,000
Investment advisory service, term of warrant			5 years
Warrants issued equal to percentage of common stock issuable upon convertible preferred stock	7.00%
Common Stock Warrants
Guarantee
Period of warrant	5 years
Director
Guarantee
Shares that may be purchased under warrant agreement	913,659
Exercise price of warrants (in dollars per share)	$ 0.4378
Director | Common Stock Warrants
Guarantee
Period of warrant	5 years
James L. Davis
Guarantee
Personal guarantee	$ 242,000
James L. Davis | Common Stock Warrants
Guarantee
Period of warrant	5 years
Percentage vested and exercisable upon issuance	100.00%
James L. Davis | Common Stock
Guarantee
Shares that may be purchased under warrant agreement	241,900
Exercise price of warrants (in dollars per share)	$ 0.44
Guarantee of Lease by Director
Guarantee
Lease financing agreement term		3 years
Maximum borrowing capacity under lease financing agreement		$ 500,000
Guarantee of Lease by Director | Director | Common Stock Warrants
Guarantee
Lease financing agreement term	2 years	3 years
Period of warrant	5 years	5 years
Shares that may be purchased under warrant agreement	241,900	407,614
Exercise price of warrants (in dollars per share)	$ 0.44	$ 1.15
Percentage vested and exercisable upon issuance		100.00%

Income Taxes - (Details)

Income Taxes - (Details) - Jun. 30, 2015 - USD ($)	Total
Income Taxes
Income tax expense (benefit)	$ 0
Uncertain tax positions	$ 0

Acquisition - Aggregate Purchas

Acquisition - Aggregate Purchase Price (Details) - USD ($)	Mar. 04, 2014	May. 31, 2014	Jun. 30, 2014	Jul. 31, 2014
Acquisition
Cash paid for acquisition			$ 1,375,000
Payment Arrangement One
Acquisition
Contingent consideration liability				$ 375,000
Payment Arrangement Two
Acquisition
Contingent consideration payments		$ 250,000
DeviceFidelity
Acquisition
Cash paid for acquisition	$ 1,125,000
Maximum amount of contingent consideration to be paid	1,000,000
DeviceFidelity | Maximum
Acquisition
Aggregate purchase price	2,125,000
DeviceFidelity | Payment Arrangement One
Acquisition
Maximum amount of contingent consideration to be paid	375,000
DeviceFidelity | Payment Arrangement Two
Acquisition
Maximum amount of contingent consideration to be paid	250,000
DeviceFidelity | Payment Arrangement Three
Acquisition
Maximum amount of contingent consideration to be paid	$ 375,000

Acquisition - Purchase Price Al

Acquisition - Purchase Price Allocation (Details) - USD ($)	Mar. 04, 2014	Jun. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Purchase Price:
Cash paid		$ 1,375,000
Fair Value of Assets Acquired and Liabilities Assumed
Goodwill			$ 204,000	$ 204,000
DeviceFidelity
Purchase Price:
Cash paid	$ 1,125,000
Maximum amount of contingent consideration to be paid	1,000,000
Fair Value of Assets Acquired and Liabilities Assumed
Property and equipment, net	4,000
Total assets acquired in excess of liabilities assumed	1,921,000
Goodwill	204,000
Total purchase price	2,125,000
DeviceFidelity | Maximum
Purchase Price:
Aggregate purchase price	2,125,000
DeviceFidelity | Customer Contracts
Fair Value of Assets Acquired and Liabilities Assumed
Identifiable intangible assets acquired:	1,000,000
DeviceFidelity | Proprietary Software
Fair Value of Assets Acquired and Liabilities Assumed
Identifiable intangible assets acquired:	$ 917,000

Acquisition - Pro Forma Informa

Acquisition - Pro Forma Information (Details) - DeviceFidelity - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pro forma information
Revenues	$ 1,001,251	$ 608,917	$ 2,006,690	$ 1,107,433
Net Loss	$ (8,887,306)	$ (4,246,802)	$ (12,051,793)	$ (7,852,576)
Basic and diluted net loss per common share	$ (0.36)	$ (0.65)	$ (0.56)	$ (1.22)
Weighted average shares - basic and diluted	24,464,979	6,536,602	21,627,532	6,451,619

Goodwill and Finite Life Inta52

Goodwill and Finite Life Intangible Assets - Goodwill and Intangible Assets (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Finite-Lived Intangible Assets [Line Items]
Gross Assets	$ 1,917,000		$ 1,917,000
Accumulated Amortization	(774,497)		(774,497)
Net Assets	1,142,503		1,142,503
Amortization expense	147,249	$ 131,997	$ 294,498	$ 173,249
Number or reporting units tested for goodwill impairment | item			1
Goodwill	204,000		$ 204,000		$ 204,000
Customer Contracts
Finite-Lived Intangible Assets [Line Items]
Gross Assets	1,000,000		1,000,000
Accumulated Amortization	(368,535)		(368,535)
Net Assets	631,465		631,465
Amortization expense	70,833	55,581	$ 141,666	74,222
Proprietary Software
Finite-Lived Intangible Assets [Line Items]
Amortizable Period (years)			3 years
Gross Assets	917,000		$ 917,000
Accumulated Amortization	(405,962)		(405,962)
Net Assets	511,038		511,038
Amortization expense	$ 76,416	$ 76,416	$ 152,832	$ 99,027
Maximum | Customer Contracts
Finite-Lived Intangible Assets [Line Items]
Amortizable Period (years)			5 years
Minimum | Customer Contracts
Finite-Lived Intangible Assets [Line Items]
Amortizable Period (years)			3 years

Goodwill and Finite Life Inta53

Goodwill and Finite Life Intangibles Assets - Future Amortization Expense (Details)	Jun. 30, 2015USD ($)
Goodwill and Finite Life Intangibles Assets
Nine Months Ending December 31, 2015	$ 294,501
2,016	589,000
2,017	170,000
2,018	75,000
2,019	14,002
Net Assets	$ 1,142,503

Shareholders' Equity - Reverse

Shareholders' Equity - Reverse Merger (Details)	Mar. 18, 2014$ / sharesshares	Feb. 12, 2014USD ($)	Dec. 31, 2014USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares	Mar. 17, 2014$ / sharesshares
Reverse Merger
Total assets			$ 3,010,743	$ 4,710,891
Shares authorized, common | shares	500,000,000		500,000,000	500,000,000	22,500,000
Par value, common (in dollars per share) | $ / shares	$ 0.0001		$ 0.0001	$ 0.0001	$ 0.01
Shares authorized, preferred | shares	20,000,000		20,000,000	20,000,000	2,500,000
Merger Transaction
Reverse Merger
Shares authorized, common | shares	500,000,000
Par value, common (in dollars per share) | $ / shares	$ 0.0001
Shares authorized, preferred | shares	20,000,000
Merger Transaction | DE2
Reverse Merger
Ownership interest		3.00%
Fair value of estimated consideration		$ 507,000
Long term debt assumed		85,105
Recognized identifiable assets acquired		0
Exchange ratio	0.09129752
DE2
Reverse Merger
Total assets		$ 0
DE2 | Merger Transaction
Reverse Merger
Period for additional share purchase by DE2 shareholders, first period		30 days
Period for additional share purchase by DE2 shareholders, second period		120 days
Fully diluted ownership interest threshold (as a percent)		3.00%
Additional shares issued, period one | shares			32,484
DE2 | Merger Transaction | Common Stock
Reverse Merger
Number of shares of acquirer common stock issued per share of acquiree's common stock		10.9532

Shareholders' Equity - Converti

Shareholders' Equity - Convertible Preferred Stock (Details) - USD ($)	Feb. 03, 2015	Jun. 30, 2015	Feb. 28, 2015	Jan. 31, 2014	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Shareholders' Equity
Proceeds from issuance of convertible preferred stock and warrants							$ 2,200,000
Convertible preferred stock, shares issued		44,030			44,030		44,030	2,229,702
Convertible preferred stock, par value		$ 0.0001			$ 0.0001		$ 0.0001	$ 0.0001
Conversion of debt, shares issued				246,867
Debt converted				$ 986,793
Private Placement
Shareholders' Equity
Exercise price of warrants (in dollars per share)		$ 0.4816			$ 0.4816		$ 0.4816
Proceeds from issuance of convertible preferred stock and warrants								$ 3,000,000
Total (Cash and non-cash) gross proceeds		$ 4,403,000
Gross proceeds in the form of cash		$ 2,951,000
Private Placement | Notes Payable to Directors and Affiliates
Shareholders' Equity
Promissory notes term		150 days
Gross proceeds in the form of promissory notes		$ 950,000
Director
Shareholders' Equity
Shares that may be purchased under warrant agreement		913,659			913,659		913,659
Exercise price of warrants (in dollars per share)		$ 0.4378			$ 0.4378		$ 0.4378
Director | Private Placement
Shareholders' Equity
Cancellation of debt, amount							$ 250,000
Michael J. Hanson
Shareholders' Equity
Conversion of debt, shares issued		3,020
Debt converted		$ 302,000
Michael J. Hanson | Private Placement
Shareholders' Equity
Conversion of debt, shares issued		3,020
James L. Davis
Shareholders' Equity
Conversion of debt, shares issued		2,000
Debt converted		$ 200,000
James L. Davis | Private Placement
Shareholders' Equity
Conversion of debt, shares issued		2,000
Common Stock Warrants
Shareholders' Equity
Period of warrant		5 years
Adjusted exercise price of warrants (in dollars per share)		$ 0.45			$ 0.45		$ 0.45
Common Stock Warrants | Private Placement | Notes Payable to Directors and Affiliates
Shareholders' Equity
Shares that may be purchased under warrant agreement		232,983			232,983		232,983
Common Stock Warrants | Director
Shareholders' Equity
Period of warrant		5 years
Common Stock Warrants | James L. Davis
Shareholders' Equity
Period of warrant		5 years
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series A Convertible Preferred Stock
Shareholders' Equity
Period of warrant							5 years
Shares that may be purchased under warrant agreement		9,000			9,000		9,000
Exercise price of warrants (in dollars per share)	$ 2	$ 2			$ 2		$ 2
Adjusted exercise price of warrants (in dollars per share)	0.4816	$ 0.4816			$ 0.4816		$ 0.4816
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series A Convertible Preferred Stock | Private Placement
Shareholders' Equity
Period of warrant						5 years		5 years
Shares that may be purchased under warrant agreement						9,000		2,229,702
Exercise price of warrants (in dollars per share)						$ 2		$ 2
Adjusted exercise price of warrants (in dollars per share)						$ 0.4816		$ 0.4816
Common Stock Purchase Warrants Issued in Connection With Issuance of Series B Convertible Preferred Stock
Shareholders' Equity
Period of warrant							5 years
Shares that may be purchased under warrant agreement		2,065,891			2,065,891		2,065,891
Common Stock Purchase Warrants Issued in Connection With Issuance of Series B Convertible Preferred Stock | Private Placement
Shareholders' Equity
Period of warrant						5 years
Shares that may be purchased under warrant agreement						2,065,891
Exercise price of warrants (in dollars per share)						$ 1.15
Adjusted exercise price of warrants (in dollars per share)						$ 0.4816
Proceeds from issuance of convertible preferred stock and warrants							$ 2,200,000
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock
Shareholders' Equity
Exercise price of warrants (in dollars per share)		$ 1.15			$ 1.15		$ 1.15
Adjusted exercise price of warrants (in dollars per share)		0.4816			0.4816		0.4816
Adjusted conversion price (in dollars per share)		$ 0.4816			$ 0.4816		$ 0.4816
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock | Private Placement
Shareholders' Equity
Period of warrant		5 years
Shares that may be purchased under warrant agreement		10,057,119			10,057,119		10,057,119
Exercise price of warrants (in dollars per share)		$ 0.4816			$ 0.4816		$ 0.4816
Common Stock
Shareholders' Equity
Issuance of shares (in shares)			74,765
Common Stock | James L. Davis
Shareholders' Equity
Shares that may be purchased under warrant agreement		241,900			241,900		241,900
Exercise price of warrants (in dollars per share)		$ 0.44			$ 0.44		$ 0.44
Common Stock | Conversion of Series A Preferred Shares
Shareholders' Equity
Conversion of stock, shares issued (in shares)			2,920,039
Common Stock | Conversion of Series B Preferred Shares
Shareholders' Equity
Conversion of stock, shares issued (in shares)			2,065,891
Convertible Preferred Stock.
Shareholders' Equity
Minimum aggregate financing required after closing for full ratchet							$ 5,000,000
Convertible Preferred Stock Series A
Shareholders' Equity
Share price (in dollars per share)		1.50			1.50		$ 1.50
Issuance of shares (in shares)							9,000
Divident rate ( as a percentage)							8.00%
Conversion price (in dollars per share)	1.50
Adjusted conversion price (in dollars per share)	1.15
Period from closing, full ratchet							180 days
Minimum aggregate financing required after closing for full ratchet							$ 5,000,000
Convertible Preferred Stock Series A | Private Placement
Shareholders' Equity
Issuance of convertible preferred stock (in shares)						9,000		2,229,702
Share price (in dollars per share)						$ 1.50		$ 1.50
Convertible Preferred Stock Series A | Conversion of Series A Preferred Shares
Shareholders' Equity
Conversion of stock, shares converted (in shares)			2,238,702
Convertible Preferred Stock Series B
Shareholders' Equity
Share price (in dollars per share)	$ 1.15	1.15			$ 1.15		$ 1.15
Issuance of shares (in shares)							2,065,891
Divident rate ( as a percentage)							8.00%
Convertible Preferred Stock Series B | Private Placement
Shareholders' Equity
Issuance of convertible preferred stock (in shares)						2,065,891
Share price (in dollars per share)						$ 1.15
Convertible Preferred Stock Series B | Director | Private Placement
Shareholders' Equity
Conversion of debt, shares issued	217,391
Convertible Preferred Stock Series B | Conversion of Series B Preferred Shares
Shareholders' Equity
Conversion of stock, shares converted (in shares)			2,065,891
Convertible Preferred Stock Series C
Shareholders' Equity
Divident rate ( as a percentage)					10.00%
Conversion price (in dollars per share)		$ 0.4378			$ 0.4378		$ 0.4378
Gross Proceeds from offering					$ 10,000,000
Preferred Stock Convertible Threshold Percentage Of Stock Price Trigger					100.00%
Conversion trading days					40 days
Conversion consecutive trading days					60 days
Preferred Stock Convertible Threshold Number Of Years					4 years
Percentage of holders of preferred stock					50.00%
Convertible Preferred Stock Series C | Notes Payable to Directors and Affiliates
Shareholders' Equity
Convertible preferred stock, shares issued		4,000			4,000		4,000
Convertible Preferred Stock Series C | Private Placement
Shareholders' Equity
Convertible preferred stock, shares issued		44,030			44,030		44,030
Convertible preferred stock, par value		$ 100			$ 100		$ 100
Convertible Preferred Stock Series C | Private Placement | Notes Payable to Directors and Affiliates
Shareholders' Equity
Period of warrant		5 years
Exercise price of warrants (in dollars per share)		$ 0.4378			$ 0.4378		$ 0.4378
Convertible Preferred Stock Series C | Michael J. Hanson | Private Placement | Notes Payable to Directors and Affiliates
Shareholders' Equity
Conversion of debt, shares issued		1,020
Convertible Preferred Stock Series C | Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock
Shareholders' Equity
Period of warrant							5 years
Shares that may be purchased under warrant agreement		10,057,119			10,057,119		10,057,119
Exercise price of warrants (in dollars per share)		$ 0.4816			$ 0.4816		$ 0.4816
Convertible preferred stock, shares issued		44,030			44,030		44,030

Shareholders' Equity - Common S

Shareholders' Equity - Common Stock and Warrants (Details) - Subsequent Event Type [Domain]	Feb. 03, 2015$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares	Feb. 28, 2015USD ($)$ / sharesshares	Jan. 31, 2015individual$ / sharesshares	May. 31, 2014shares	Jan. 31, 2014USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares	Mar. 31, 2015USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares	Jun. 30, 2014USD ($)shares	Dec. 31, 2014USD ($)$ / sharesshares	Feb. 28, 2014USD ($)shares	Apr. 30, 2014$ / shares	Mar. 18, 2014$ / sharesshares	Mar. 17, 2014$ / sharesshares
Shareholders' Equity
Debt converted | $						$ 986,793
Conversion of debt into shares (in shares)						246,867
Share price/ conversion adjustment | $									$ 3,704,682
Common stock, shares authorized		500,000,000					500,000,000		500,000,000		500,000,000			500,000,000	22,500,000
Common stock, par value | $ / shares		$ 0.0001					$ 0.0001		$ 0.0001		$ 0.0001			$ 0.0001	$ 0.01
Adjustment for fair value of warrants | $									$ 2,646,170	$ (100,000)
Convertible preferred stock, shares issued		44,030					44,030		44,030		2,229,702
Warrant liability | $		$ 2,535,649					$ 2,535,649		$ 2,535,649		$ 146,000
Private Placement
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 0.4816					$ 0.4816		$ 0.4816
Director
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 0.4378					$ 0.4378		$ 0.4378
Shares that may be purchased under warrant agreement		913,659					913,659		913,659
Guarantee of Lease by Director
Shareholders' Equity
Lease financing agreement term			3 years
Former Senior lender
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 9					$ 9		$ 9
Shares that may be purchased under warrant agreement		76,228					76,228		76,228
Common Stock Warrants
Shareholders' Equity
Warrants outstanding exchanged for common stock (in shares)									19,692
Cancellation of warrants, shares that were available for purchase under warrant agreement (in shares)									3,938
Fair value of shares issued in excess of the warrants exchanged | $									$ 7,906
Exercise price of warrants exchanged during period (in dollars per share) | $ / shares									$ 4
Adjusted exercise price of warrants (in dollars per share) | $ / shares		$ 0.45					$ 0.45		$ 0.45
Fair value of warrants issued during period | $		$ 2,787
Incremental Fair Value | $		$ 4,587
Period of warrant		5 years
Expenses recognized | $							$ 7,374		$ 7,374
Common Stock Warrants | Short term notes payable
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares						$ 3.60
Adjusted exercise price of warrants (in dollars per share) | $ / shares													$ 1.40
Shares that may be purchased under warrant agreement						821,250
Warrants issued equal to percentage of principal amount of debt						25.00%
Total borrowings | $												$ 3,285,000
Common Stock Warrants | Short term notes payable | Minimum
Shareholders' Equity
Period of warrant						3 years
Common Stock Warrants | Short term notes payable | Maximum
Shareholders' Equity
Period of warrant						5 years
Common Stock Warrants | Director
Shareholders' Equity
Period of warrant		5 years
Common Stock Warrants | Director | Short term notes payable
Shareholders' Equity
Shares that may be purchased under warrant agreement												718,750
Total borrowings | $												$ 2,875,000
Common Stock Warrants | Placement Agent | Private Placement
Shareholders' Equity
Period of warrant									5 years
Common Stock Warrants | Investor
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares				$ 1.40
Shares that may be purchased under warrant agreement				75,000
Period of warrant				10 years
Number of investors | individual				3
Adjustment for fair value of warrants | $									$ 11,238
Common Stock Warrants | Guarantee of Lease by Director | Director
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 0.44	$ 1.15				$ 0.44		$ 0.44
Adjusted exercise price of warrants (in dollars per share) | $ / shares			$ 0.4816
Fair value of warrants issued during period | $		$ 22,000	$ 76,489
Shares that may be purchased under warrant agreement		241,900	407,614				241,900		241,900
Period of warrant		5 years	5 years
Lease financing agreement term		2 years	3 years
Common Stock Warrants | Consulting firm
Shareholders' Equity
Period of warrant					5 years
Number of warrants to be issued upon the completion of an IPO					50,000
Number of warrants to be issued upon achievement of certain performance goals					30,000
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series A Convertible Preferred Stock
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares	$ 2	$ 2					$ 2		$ 2
Adjusted exercise price of warrants (in dollars per share) | $ / shares	0.4816	$ 0.4816					$ 0.4816		$ 0.4816
Shares that may be purchased under warrant agreement		9,000					9,000		9,000
Period of warrant									5 years
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series A Convertible Preferred Stock | Private Placement
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares								$ 2			$ 2
Adjusted exercise price of warrants (in dollars per share) | $ / shares								$ 0.4816			$ 0.4816
Shares that may be purchased under warrant agreement								9,000			2,229,702
Period of warrant								5 years			5 years
Common Stock Purchase Warrants Issued in Connection With Issuance of Series B Convertible Preferred Stock
Shareholders' Equity
Shares that may be purchased under warrant agreement		2,065,891					2,065,891		2,065,891
Period of warrant									5 years
Common Stock Purchase Warrants Issued in Connection With Issuance of Series B Convertible Preferred Stock | Private Placement
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares								$ 1.15
Adjusted exercise price of warrants (in dollars per share) | $ / shares								$ 0.4816
Shares that may be purchased under warrant agreement								2,065,891
Period of warrant								5 years
Common Stock Purchase Warrants Issued in Connection With Issuance of Series B Convertible Preferred Stock | Scarsdale Equities LLC
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 1.15					$ 1.15		$ 1.15
Adjusted exercise price of warrants (in dollars per share) | $ / shares		0.4816					0.4816		0.4816
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		1.15					1.15		1.15
Adjusted exercise price of warrants (in dollars per share) | $ / shares		0.4816					0.4816		0.4816
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock | Private Placement
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 0.4816					$ 0.4816		$ 0.4816
Shares that may be purchased under warrant agreement		10,057,119					10,057,119		10,057,119
Period of warrant		5 years
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock | Guarantee of Lease by Director | Director
Shareholders' Equity
Incremental Fair Value | $		$ 28,578
Lease financing agreement term		3 years
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock | Former Senior lender
Shareholders' Equity
Adjusted exercise price of warrants (in dollars per share) | $ / shares		$ 0.35					$ 0.35		$ 0.35
Fair value of warrants issued during period | $									$ 427,000		$ 146,000
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock | Former Senior lender | Maximum
Shareholders' Equity
Shares that may be purchased under warrant agreement		1,960,143					1,960,143		1,960,143
Common Stock Purchase Warrants Issued 2.00 per Share [Member] | Placement Agent
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 2					$ 2		$ 2
Shares that may be purchased under warrant agreement		270					270		270
Common Stock Purchase Warrants Issued 1.15 per Share [Member] | Placement Agent
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 1.15					$ 1.15		$ 1.15
Adjusted exercise price of warrants (in dollars per share) | $ / shares		$ 0.4816					$ 0.4816		$ 0.4816
Shares that may be purchased under warrant agreement		109,931					109,931		109,931
Common Stock Purchase Warrants Issued 0.4816 per Share [Member] | Private Placement
Shareholders' Equity
Adjusted shares that may be purchased under warrant agreement		73,940					73,940		73,940
Common Stock Purchase Warrants Issued 0.4816 per Share [Member] | Placement Agent
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 0.4816					$ 0.4816		$ 0.4816
Shares that may be purchased under warrant agreement		703,997					703,997		703,997
Common Stock Purchase Warrants Issued 0.5254 per Share [Member] | Placement Agent
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 0.5254					$ 0.5254		$ 0.5254
Shares that may be purchased under warrant agreement		241,746					241,746		241,746
Common Stock Purchase Warrants Issued In Connection With Issuance Of Series A, B & C Convertible Preferred Stock
Shareholders' Equity
Fair value of warrants issued during period | $							$ 2,083,487		$ 2,083,487
Warrant liability | $		$ 2,083,487					$ 2,083,487		$ 2,083,487
Common Stock
Shareholders' Equity
Issuance of shares (in shares)			74,765
Stock issued as consideration for reverse merger (in shares)										456,486
Common stock issued for debt issuance (in shares)									332,028
Adjustment On Share Price Conversion Shares							8,232,628		8,232,628
Share price/ conversion adjustment | $									$ 823
Additional Paid In Capital
Shareholders' Equity
Share price/ conversion adjustment | $									3,703,859
Convertible Preferred Stock.
Shareholders' Equity
Minimum aggregate financing required after closing for full ratchet | $									$ 5,000,000
Convertible Preferred Stock Series A
Shareholders' Equity
Issuance of shares (in shares)									9,000
Share price (in dollars per share) | $ / shares		$ 1.50					$ 1.50		$ 1.50
Minimum aggregate financing required after closing for full ratchet | $									$ 5,000,000
Convertible Preferred Stock Series A | Private Placement
Shareholders' Equity
Share price (in dollars per share) | $ / shares								$ 1.50			$ 1.50
Convertible Preferred Stock Series B
Shareholders' Equity
Issuance of shares (in shares)									2,065,891
Share price (in dollars per share) | $ / shares	$ 1.15	$ 1.15					$ 1.15		$ 1.15
Convertible Preferred Stock Series B | Private Placement
Shareholders' Equity
Share price (in dollars per share) | $ / shares								$ 1.15
Convertible Preferred Stock Series B | Director | Private Placement
Shareholders' Equity
Conversion of debt into shares (in shares)	217,391
Convertible Preferred Stock Series C
Shareholders' Equity
Adjustment On Share Price Conversion Shares									8,232,628
Share price/ conversion adjustment | $								$ 3,704,682	$ 3,704,682
Convertible Preferred Stock Series C | Private Placement
Shareholders' Equity
Convertible preferred stock, shares issued		44,030					44,030		44,030
Convertible Preferred Stock Series C | Common Stock Purchase Warrants Issued In Connection With Issuance Of Series C Convertible Preferred Stock
Shareholders' Equity
Exercise price of warrants (in dollars per share) | $ / shares		$ 0.4816					$ 0.4816		$ 0.4816
Shares that may be purchased under warrant agreement		10,057,119					10,057,119		10,057,119
Period of warrant									5 years
Convertible preferred stock, shares issued		44,030					44,030		44,030

Shareholders' Equity - Summary

Shareholders' Equity - Summary of Fair Value Assumptions, Warrants (Details) - Common Stock Warrants	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Summary of estimated fair value of warrant
Expected dividend	0.00%	0.00%	0.00%	0.00%
Minimum
Summary of estimated fair value of warrant
Expected term	1 year 6 months	1 year 6 months	1 year 6 months	1 year 6 months
Volatility		26.00%		26.00%
Risk-free interest rate	0.25%	0.25%	0.25%	0.25%
Maximum
Summary of estimated fair value of warrant
Expected term	5 years	5 years	5 years	5 years
Volatility	38.00%	38.00%	38.00%	38.00%
Risk-free interest rate	1.37%	1.37%	1.37%	1.37%

Stock-Based Compensation and 58

Stock-Based Compensation and Benefit Plans - Plan Details (Details) - USD ($)	Feb. 12, 2014	Apr. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock-Based Compensation and Benefit Plans (Textual)
Share-based compensation expense			$ 83,402	$ 38,699	$ 154,308	$ 85,209
Stock options
Stock-Based Compensation and Benefit Plans (Textual)
Options granted			93,000	110,000	558,000	110,000
Options granted, minimum exercise price					$ 0.75
Options granted, maximum exercise price					$ 1.50
Options granted, fair value			$ 15,557	$ 93,089	$ 100,289	$ 93,089
Stock options | Executive
Stock-Based Compensation and Benefit Plans (Textual)
Vesting percentage on grant date					33.33%
Vesting percentage on first anniversary of grant date					33.33%
Options granted					295,000
Stock options | Directors, officers and business consultants
Stock-Based Compensation and Benefit Plans (Textual)
Options outstanding			1,965,000		1,965,000
Stock options | Director
Stock-Based Compensation and Benefit Plans (Textual)
Vesting percentage on grant date					100.00%
Options granted					40,000
Employee stock options
Stock-Based Compensation and Benefit Plans (Textual)
Share-based compensation, costs not yet recognized			$ 131,254		$ 131,254
Employee stock options | Executive
Stock-Based Compensation and Benefit Plans (Textual)
Options granted		110,000
Options granted, exercise price		$ 4
Options granted, fair value		$ 93,089
2010 EIP
Stock-Based Compensation and Benefit Plans (Textual)
Number of shares of common stock reserved for issuance under the plan			625,000		625,000
2010 EIP | Employee stock options
Stock-Based Compensation and Benefit Plans (Textual)
Options outstanding			129,250		129,250
2014 EIP
Stock-Based Compensation and Benefit Plans (Textual)
Number of shares authorized under EIP	1,521,621
Maximum number of common shares granted per individual in any one year	100,000
2014 EIP | Nonemployee Directors
Stock-Based Compensation and Benefit Plans (Textual)
Vesting percentage on grant date	50.00%
Vesting percentage on first anniversary of grant date	50.00%
2014 EIP | Stock options
Stock-Based Compensation and Benefit Plans (Textual)
Equity award expiration period	5 years
Options outstanding			629,000		629,000
2014 EIP | Incentive stock options
Stock-Based Compensation and Benefit Plans (Textual)
Discretionary incentives of common shares that may be granted to new employees each fiscal year	100,000
2014 EIP | Maximum | Stock options
Stock-Based Compensation and Benefit Plans (Textual)
Equity award expiration period	10 years
2014 EIP | Maximum | Employee stock options
Stock-Based Compensation and Benefit Plans (Textual)
Vesting period	3 years
2014 EIP | Minimum | Employee stock options
Stock-Based Compensation and Benefit Plans (Textual)
Vesting period	2 years

Stock-Based Compensation and 59

Stock-Based Compensation and Benefit Plans - Stock Compensation Expense (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock-based compensation costs included in:
Share-based compensation expense	$ 83,402		$ 38,699		$ 154,308	$ 85,209
Employee stock options
Total compensation costs not yet recognized
Share-based compensation, costs not yet recognized	131,254				$ 131,254
Weighted average period over which unrecognized compensation is expected to be recognized					1 year 3 months 18 days
Number of Options, Exercised (in shares)		0		0	0	0
Cost of Sales
Stock-based compensation costs included in:
Share-based compensation expense	12,543		1,571		$ 16,438	$ 3,746
Selling and Marketing Expense
Stock-based compensation costs included in:
Share-based compensation expense	18,938		2,226		31,061	4,017
Research and Development Expense
Stock-based compensation costs included in:
Share-based compensation expense	21,706		1,314		39,141	3,379
General and Administrative Expense
Stock-based compensation costs included in:
Share-based compensation expense	$ 30,215		$ 33,588		$ 67,668	$ 74,067

Stock-Based Compensation and 60

Stock-Based Compensation and Benefit Plans - Fair Value and Assumptions (Details) - Stock options - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Summary of fair value of stock options granted and assumptions
Estimated Fair Value	$ 15,557	$ 93,089	$ 100,289	$ 93,089
Options granted	93,000	110,000	558,000	110,000
Expected Term		3 years		3 years
Volatility, Minimum	30.00%		30.00%
Volatility		29.40%		29.40%
Risk Free Interest Rate, Minimum	0.86%		0.22%
Risk Free Interest Rate		0.88%		0.88%
Risk Free Interest Rate, Maximum	0.91%		1.07%
Minimum
Summary of fair value of stock options granted and assumptions
Expected Term	3 years		2 years
Volatility, Minimum			26.00%
Maximum
Summary of fair value of stock options granted and assumptions
Expected Term			3 years
Volatility, Maximum			30.00%

Stock-Based Compensation and 61

Stock-Based Compensation and Benefit Plans - Associate Stock Purchase Plan (Details) - 2014 Associate Stock Purchase Plan - $ / shares	1 Months Ended	6 Months Ended
	Sep. 30, 2014	Jun. 30, 2015
Other Plans
Number of shares of common stock reserved for issuance under the plan	500,000
Purchase prices expressed as a percentage of market value	85.00%
Compensation designated for purchase, maximum percentage	10.00%
Shares purchased		72,360
Share price (in dollars per share)		$ 0.4675

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Related Party Transaction [Line Items]
Interest paid to related parties			$ 154,848	$ 1,193,372
Affiliates
Related Party Transaction [Line Items]
Debt held by related parties	$ 1,348,000		$ 1,348,000		$ 1,350,000
Warrants held by related parties	9,391,457		9,391,457		4,265,009
Interest paid to related parties	$ 3,945		$ 3,945
Related party interest expense	$ 42,410	$ 1,073,370	$ 80,876	$ 1,381,848

Concentrations (Details)

Concentrations (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)
Concentrations
Revenues	$ 1,001,251	$ 608,917	$ 2,006,690	$ 1,085,399
Number of financial advisors | item			2
Supplier Expenditures, Total | Financial Advisor One
Concentrations
Concentration risk (as a percent)	12.00%
Supplier Expenditures, Total | Supplier Concentration Risk | Supplier One
Concentrations
Total expense	$ 287,000		$ 582,000
Concentration risk (as a percent)			15.00%
Accounts Receivable | Customer Concentration Risk | Customer One
Concentrations
Concentration risk (as a percent)			25.00%
Accounts Receivable | Customer Concentration Risk | Customer Two
Concentrations
Concentration risk (as a percent)			12.00%
Accounts Payable | Supplier Concentration Risk | Financial Advisor One
Concentrations
Concentration risk (as a percent)			25.00%
Accounts Payable | Supplier Concentration Risk | Financial Advisor Two
Concentrations
Concentration risk (as a percent)			12.00%
Accounts Payable | Supplier Concentration Risk | Development Firm
Concentrations
Concentration risk (as a percent)			10.00%
Accounts Payable | Supplier Concentration Risk | Legal Firm
Concentrations
Concentration risk (as a percent)			16.00%

Subsequent Events (Details)

Subsequent Events (Details) - Debt Instrument, Name [Domain] - USD ($)	1 Months Ended	12 Months Ended
	Jul. 31, 2015	Feb. 28, 2014	Jun. 30, 2015	Jan. 31, 2014
Director
Subsequent Events
Shares that may be purchased under warrant agreement			913,659
Exercise price of warrants (in dollars per share)			$ 0.4378
Subsequent Event | Notes payable
Subsequent Events
Total borrowings	$ 1,000,000
Short term notes payable | Common Stock Warrants
Subsequent Events
Shares that may be purchased under warrant agreement				821,250
Exercise price of warrants (in dollars per share)				$ 3.60
Total borrowings		$ 3,285,000
Short term notes payable | Common Stock Warrants | Director
Subsequent Events
Shares that may be purchased under warrant agreement		718,750
Total borrowings		$ 2,875,000