|
Acquisitions (Schedule of Purchase Price Allocation) (Details) (USD $)
|
12 Months Ended |
1 Months Ended |
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Nov. 26, 2014
|
Sep. 24, 2014
|
| Preliminary Allocation of Purchase Price |
|
|
|
|
| Stock options issued (183,000 options) |
$ 556,496 |
|
|
|
| Common stock purchase warrants issued (181,250 warrants) |
294,342 |
|
|
|
| Promissory note issued |
1,389,386 |
|
|
|
| Noble Voice [Member] |
|
|
|
|
| Preliminary Allocation of Purchase Price |
|
|
|
|
| Total consideration |
|
|
1,389,386 |
|
| Promissory note issued |
|
|
1,389,386 |
|
| Allocated to: |
|
|
|
|
| Cash and cash equivalents |
|
|
439,156 |
|
| Accounts receivable |
|
|
2,248,537 |
|
| Prepaid expenses and other current assets |
|
|
23,026 |
|
| Property and equipment |
|
|
13,040 |
|
| Security deposits |
|
|
16,476 |
|
| Accounts payable |
|
|
(1,111,669) |
|
| Accrued expenses |
|
|
(186,638) |
|
| Deferred tax liability |
|
|
(272,586) |
|
| Net assets acquired (liabilities assumed) |
|
|
1,169,342 |
|
| Excess of purchase price over net tangible assets acquired before allocation to identifiable intangible assets and gain on bargain purchase of business |
|
|
220,044 |
|
| NAPW [Member] |
|
|
|
|
| Preliminary Allocation of Purchase Price |
|
|
|
|
| Fair value of common stock issued (6,309,845 shares) |
|
|
|
35,272,033 |
| Cash consideration paid by the Company |
|
|
|
3,555,000 |
| Promissory note issued |
|
|
|
434,582 |
| Stock options issued (183,000 options) |
|
|
|
556,496 |
| Common stock purchase warrants issued (181,250 warrants) |
|
|
|
294,342 |
| Total consideration |
|
|
|
40,112,453 |
| Number of shares issued in acquisition |
|
|
|
6,309,845 |
| Stock options granted |
|
|
|
183,000 |
| Allocated to: |
|
|
|
|
| Cash and cash equivalents |
|
|
|
5,198 |
| Accounts receivable |
|
|
|
353,377 |
| Incremental direct costs |
|
|
|
931,126 |
| Prepaid expenses and other current assets |
|
|
|
297,904 |
| Property and equipment |
|
|
|
795,618 |
| Security deposits |
|
|
|
342,190 |
| Merchant reserve |
|
|
|
1,528,558 |
| Other assets |
|
|
|
159,412 |
| Accounts payable |
|
|
|
(6,153,564) |
| Accrued expenses |
|
|
|
(1,954,036) |
| Deferred revenue |
|
|
|
(8,880,000) |
| Deferred tax liability |
|
|
|
(6,193,765) |
| Merchant cash advances |
|
|
|
(447,371) |
| Capital lease obligations |
|
|
|
(22,397) |
| Net assets acquired (liabilities assumed) |
|
|
|
(19,237,750) |
| Excess of purchase price over net liabilities assumed before allocation to identifiable intangible assets and goodwill |
|
|
|
$ 59,350,203 |