Acquisitions (Details 1) (USD $)
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3 Months Ended | 6 Months Ended | 12 Months Ended | 6 Months Ended | 12 Months Ended | 6 Months Ended | 12 Months Ended | 6 Months Ended | 12 Months Ended | |||
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
Mobivity [Member]
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Dec. 31, 2013
Mobivity [Member]
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Jun. 30, 2014
SR [Member]
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Dec. 31, 2013
SR [Member]
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Jun. 30, 2014
Pro forma adjustments [Member]
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Dec. 31, 2013
Pro forma adjustments [Member]
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Jun. 30, 2014
Pro forma combined [Member]
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Dec. 31, 2013
Pro forma combined [Member]
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Revenues | ||||||||||||
Revenues | $ 1,109,891 | $ 1,085,610 | $ 2,013,106 | $ 2,113,603 | $ 2,013,106 | $ 4,093,667 | $ 214,139 | $ 834,250 | $ 2,227,245 | $ 4,927,917 | ||
Cost of revenues | 258,340 | 311,390 | 519,234 | 596,012 | 519,234 | 1,122,037 | 54,410 | 243,209 | 573,644 | 1,365,246 | ||
Gross margin | 851,551 | 774,220 | 1,493,872 | 1,517,591 | 1,493,872 | 2,971,630 | 159,729 | 591,041 | 1,653,601 | 3,562,671 | ||
Operating expenses | ||||||||||||
General & administrative | 854,438 | 787,698 | 1,984,389 | 1,320,323 | 1,984,389 | 3,416,850 | 231,084 | 211,271 | 4,230 | 446,094 | 2,219,703 | 4,074,215 |
Sales & marketing | 954,561 | 1,435,444 | 1,895,646 | 1,798,341 | 1,895,646 | 3,469,383 | 60,077 | 339,615 | 1,955,723 | 3,808,998 | ||
Engineering, research, & development | 383,865 | 157,184 | 681,798 | 251,239 | 681,798 | 824,653 | 139,649 | 644,330 | 821,447 | 1,468,983 | ||
Depreciation & amortization | 115,881 | 58,315 | 183,964 | 92,129 | 183,964 | 270,579 | 403 | 3,970 | 184,367 | 274,549 | ||
Goodwill impairment | 1,066,068 | 5,181,240 | 1,066,068 | |||||||||
Intangible asset impairment | 644,170 | 644,170 | ||||||||||
Total operating expenses | 2,308,745 | 2,438,641 | 4,745,797 | 3,462,032 | 4,745,797 | 9,691,703 | 431,213 | 1,199,186 | 4,230 | 446,094 | 5,181,240 | 11,336,983 |
Loss from operations | (1,457,194) | (1,664,421) | (3,251,925) | (1,944,441) | (3,251,925) | (6,720,073) | (271,484) | (608,145) | (4,230) | (446,094) | (3,527,639) | (7,774,312) |
Other income/(expense) | ||||||||||||
Interest income | 171 | 18 | 1,902 | 21 | 1,902 | 747 | 1,902 | 747 | ||||
Interest expense | (854) | (4,899,193) | (1,680) | (6,346,553) | (1,680) | (6,348,186) | (117,944) | (1,680) | (6,466,130) | |||
Change in fair value of derivative liabilities | 27,713 | (2,812,048) | 57,792 | (3,813,598) | 57,792 | (3,766,231) | 57,792 | (3,766,231) | ||||
Gain on Debt Extinguishment | 103,177 | 103,177 | ||||||||||
Gain (loss) on adjustment in contingent consideration | (499,177) | (193,465) | (28,465) | (28,465) | ||||||||
Total other income/(expense) | (1,430,164) | (8,210,400) | (3,193,911) | (10,353,595) | 58,014 | (10,038,958) | (117,944) | 58,014 | (10,156,902) | |||
Loss before income taxes | (1,430,164) | (9,874,821) | (3,193,911) | (12,298,036) | (3,193,911) | (16,759,031) | (271,484) | (726,089) | (4,230) | (446,094) | (3,469,625) | (17,931,214) |
Income tax expense | ||||||||||||
Net loss | $ (1,430,164) | $ (9,874,821) | $ (3,193,911) | $ (12,298,036) | $ (3,193,911) | $ (16,759,031) | $ (271,484) | $ (726,089) | $ (4,230) | $ (446,094) | $ (3,469,625) | $ (17,931,214) |
Net loss per share - basic and diluted | $ (0.06) | $ (1.69) | $ (0.16) | $ (2.52) | $ (0.16) | $ (1.58) | $ (0.17) | $ (1.61) | ||||
Weighted average number of shares during the period - basic and diluted | 22,237,762 | 5,849,971 | 19,877,470 | 4,870,830 | 19,877,470 | 10,612,007 | 20,075,519 | 11,116,891 |