Acquisitions (Details 1) (USD $)
|
3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | ||
---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2014
|
Mar. 31, 2013
|
Mar. 31, 2014
Mobivity [Member]
|
Dec. 31, 2013
Mobivity [Member]
|
Mar. 31, 2014
SR [Member]
|
Dec. 31, 2013
SR [Member]
|
Mar. 31, 2014
Pro forma adjustments [Member]
|
Dec. 31, 2013
Pro forma adjustments [Member]
|
Mar. 31, 2014
Pro forma combined [Member]
|
Dec. 31, 2013
Pro forma combined [Member]
|
|
Revenues | ||||||||||
Revenues | $ 903,215 | $ 1,027,993 | $ 903,215 | $ 4,093,667 | $ 214,139 | $ 834,250 | $ 1,117,354 | $ 4,927,917 | ||
Cost of revenues | 260,893 | 284,622 | 260,893 | 1,122,037 | 54,410 | 243,209 | 315,303 | 1,365,246 | ||
Gross margin | 642,322 | 743,371 | 642,322 | 2,971,630 | 159,729 | 591,041 | 802,051 | 3,562,671 | ||
Operating expenses | ||||||||||
General & administrative | 1,129,953 | 532,628 | 1,129,953 | 3,416,850 | 231,084 | 211,271 | 4,230 | 446,094 | 1,365,267 | 4,074,215 |
Sales & marketing | 941,085 | 362,896 | 941,085 | 3,469,383 | 60,077 | 339,615 | 1,001,162 | 3,808,998 | ||
Engineering, research, & development | 297,933 | 94,055 | 297,933 | 824,653 | 139,649 | 644,330 | 437,582 | 1,468,983 | ||
Depreciation & amortization | 68,084 | 33,813 | 68,083 | 270,579 | 403 | 3,970 | 68,486 | 274,549 | ||
Goodwill impairment | 1,066,068 | 1,066,068 | ||||||||
Intangible asset impairment | 644,170 | 644,170 | ||||||||
Total operating expenses | 2,437,054 | 1,023,393 | 2,437,054 | 9,691,703 | 431,213 | 1,199,186 | 4,230 | 446,094 | 2,872,497 | 11,336,983 |
Loss from operations | (1,794,732) | (280,022) | (1,794,732) | (6,720,073) | (271,484) | (608,145) | (4,230) | (446,094) | (2,070,446) | (7,774,312) |
Other income/(expense) | ||||||||||
Interest income | 1,731 | 3 | 1,731 | 747 | 1,731 | 747 | ||||
Interest expense | (826) | (1,447,359) | (826) | (6,348,186) | (117,944) | (826) | (6,466,130) | |||
Change in fair value of derivative liabilities | (30,079) | 1,001,550 | 30,079 | (3,766,231) | 30,079 | (3,766,231) | ||||
Gain on Debt Extinguishment | 103,177 | 103,177 | ||||||||
Gain (loss) on adjustment in contingent consideration | 305,712 | (28,465) | (28,465) | |||||||
Total other income/(expense) | (30,984) | (2,143,194) | 30,984 | (10,038,958) | (117,944) | 30,984 | (10,156,902) | |||
Loss before income taxes | (1,763,748) | (2,423,215) | (1,763,748) | (16,759,031) | (271,484) | (726,089) | (4,230) | (446,094) | (2,039,462) | (17,931,214) |
Income tax expense | ||||||||||
Net loss | $ (1,763,748) | $ (2,423,215) | $ (1,763,748) | $ (16,759,031) | $ (271,484) | $ (726,089) | $ (4,230) | $ (446,094) | $ (2,039,462) | $ (17,931,214) |
Net loss per share - basic and diluted | $ (0.10) | $ (0.63) | $ (0.10) | $ (1.58) | $ (0.12) | $ (1.61) | ||||
Weighted average number of shares during the period - basic and diluted | 17,490,954 | 3,869,247 | 17,490,954 | 10,612,007 | 17,384,367 | 11,116,891 |