|
Note 6 - Income Taxes (Tables)
|
12 Months Ended |
|
Dec. 31, 2013
|
| Income Tax Disclosure [Abstract] |
|
| Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|
|
|
April 20
Through
December 31,
2013
|
|
|
February 1
Through
April 19,
2013
|
|
|
Year ended
January 31,
2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Federal
|
|
$
|
-
|
|
|
$
|
(667,878
|
)
|
|
|
1,391,000
|
|
|
State
|
|
|
51,181
|
|
|
|
92,852
|
|
|
|
116,215
|
|
|
Foreign
|
|
|
33,159
|
|
|
|
34,129
|
|
|
|
417,814
|
|
|
Total Current
|
|
|
84,340
|
|
|
|
(540,897
|
)
|
|
|
1,925,029
|
|
|
Deferred
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Federal
|
|
|
(3,087,428
|
)
|
|
|
-
|
|
|
|
(44,421
|
)
|
|
State
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
|
Foreign
|
|
|
-
|
|
|
|
-
|
|
|
|
(20,418
|
)
|
|
Total Deferred
|
|
|
(3,087,428
|
)
|
|
|
-
|
|
|
|
(64,839
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
(3,003,088
|
)
|
|
$
|
(540,897
|
)
|
|
$
|
1,860,190
|
|
|
| Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|
|
|
April 20
Through
December 31,
2013
|
|
|
February 1
Through
April 19,
2013
|
|
|
Year ended
January 31,
2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Computed expected tax expense (benefit)
|
|
$
|
(5,441,153
|
)
|
|
$
|
(1,052,114
|
)
|
|
|
1,819,422
|
|
|
Non-taxable income charge
|
|
|
(666,472
|
)
|
|
|
-
|
|
|
|
-
|
|
|
Non deductible expenses
|
|
|
344,730
|
|
|
|
431,605
|
|
|
|
144,978
|
|
|
Valuation allowance
|
|
|
2,675,467
|
|
|
|
-
|
|
|
|
-
|
|
|
State tax expense
|
|
|
51,181
|
|
|
|
92,852
|
|
|
|
116,215
|
|
|
Foreign income tax
|
|
|
33,159
|
|
|
|
34,129
|
|
|
|
(156,296
|
)
|
|
Other
|
|
|
-
|
|
|
|
(47,369
|
)
|
|
|
(64,129
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
(3,003,088
|
)
|
|
$
|
(540,897
|
)
|
|
|
1,860,190
|
|
|
| Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|
|
|
December 31,
2013
|
|
|
January 31,
2013
|
|
|
Deferred tax assets - current:
|
|
|
|
|
|
|
|
|
|
Deferred revenue
|
|
$
|
161,166
|
|
|
$
|
222,578
|
|
|
Deferred state sales tax
|
|
|
34,000
|
|
|
|
34,000
|
|
|
Bad debt reserve
|
|
|
46,104
|
|
|
|
46,588
|
|
|
Foreign currency loss
|
|
|
34,657
|
|
|
|
61,138
|
|
|
Net operating loss carryforwards
|
|
|
-
|
|
|
|
8,314
|
|
|
Total deferred tax asset – current
|
|
|
275,927
|
|
|
|
372,618
|
|
|
|
|
|
|
|
|
|
|
|
|
Deferred tax assets (liabilities) – non current:
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
195,693
|
|
|
|
-
|
|
|
Stock-based compensation
|
|
|
637,881
|
|
|
|
-
|
|
|
Intangible assets
|
|
|
(7,476,737
|
)
|
|
|
(721,433
|
)
|
|
Net operating loss carryforwards
|
|
|
3,702,754
|
|
|
|
-
|
|
|
Other
|
|
|
-
|
|
|
|
16,937
|
|
|
Total deferred tax asset (liability) – non current
|
|
|
(2,940,409
|
)
|
|
|
(704,496
|
)
|
|
Total deferred tax asset (liability)
|
|
|
(2,664,482
|
)
|
|
|
(331,878
|
)
|
|
Valuation allowance
|
|
|
(3,702,754
|
)
|
|
|
-
|
|
|
Net deferred tax liability
|
|
$
|
(6,367,236
|
)
|
|
$
|
(331,878
|
)
|
|