Condensed Consolidated Balance Sheets - USD ($)
|
Jun. 30, 2015 |
Dec. 31, 2014 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 1,914,728
|
$ 1,138,385
|
| Credit card holdback receivable |
229,160
|
648,759
|
| Accounts receivable, net of allowances and reserves of $59,038 and $42,533, respectively |
$ 264,341
|
221,128
|
| Short term security deposits |
|
115,104
|
| Prepaid expense and other current assets |
$ 114,961
|
93,542
|
| Total current assets |
2,523,190
|
2,216,918
|
| Fixed assets and intangible assets, net |
418,494
|
563,123
|
| Notes receivable |
79,800
|
78,520
|
| Long term security deposits |
335,659
|
135,000
|
| Investments |
200,000
|
200,000
|
| Total assets |
3,557,143
|
3,193,561
|
| Current liabilities: |
|
|
| Accounts payable |
896,914
|
1,074,345
|
| Accrued expenses and other current liabilities |
$ 360,644
|
1,062,836
|
| Notes payable |
|
400,000
|
| Deferred subscription revenue |
$ 1,822,872
|
1,952,075
|
| Deferred advertising revenue |
|
13,427
|
| Total current liabilities |
$ 3,080,430
|
$ 4,502,683
|
| Deferred rent, net of current portion |
59,904
|
|
| Convertible note payable, net of discount |
1,023,020
|
|
| Derivative liabilities |
1,703,425
|
$ 23,425
|
| Capital lease obligations, net of current portion |
113,676
|
149,055
|
| Total liabilities |
$ 5,980,455
|
$ 4,675,163
|
| Commitments and Contingencies |
|
|
| Stockholders' equity (deficit): |
|
|
| Preferred stock, $0.001 par value, 10,000,000 shares authorized, none issued and outstanding |
|
|
| Common stock, $0.001 par value, 100,000,000 shares authorized, 50,007,826 and 49,507,826 shares issued, respectively, and 39,682,826 and 39,182,826 shares outstanding, respectively |
$ 39,683
|
$ 39,183
|
| Additional paid-in capital |
12,394,444
|
11,858,489
|
| Accumulated deficit |
(14,857,439)
|
(13,379,274)
|
| Total stockholders' equity (deficit) |
(2,423,312)
|
(1,481,602)
|
| Total liabilities and stockholders' equity (deficit) |
$ 3,557,143
|
$ 3,193,561
|