Acquisitions (Details 1) (USD $)
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3 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | |||
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
Mobivity [Member]
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Dec. 31, 2013
Mobivity [Member]
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Sep. 30, 2014
Smart Receipt [Member]
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Dec. 31, 2013
Smart Receipt [Member]
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Sep. 30, 2014
Pro forma adjustments [Member]
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Dec. 31, 2013
Pro forma adjustments [Member]
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Sep. 30, 2014
Pro forma combined [Member]
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Dec. 31, 2013
Pro forma combined [Member]
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Revenues | ||||||||||||
Revenues | $ 1,044,254 | $ 1,035,952 | $ 3,057,360 | $ 3,149,555 | $ 3,057,360 | $ 4,093,667 | $ 214,139 | $ 834,250 | $ 3,271,499 | $ 4,927,917 | ||
Cost of revenues | 272,252 | 268,507 | 791,486 | 864,519 | 791,486 | 1,122,037 | 54,410 | 243,209 | 845,896 | 1,365,246 | ||
Gross margin | 772,002 | 767,445 | 2,265,874 | 2,285,036 | 2,265,874 | 2,971,630 | 159,729 | 591,041 | 2,425,603 | 3,562,671 | ||
Operating expenses | ||||||||||||
General & administrative | 916,322 | 1,324,354 | 2,900,711 | 2,644,678 | 2,900,711 | 3,416,850 | 231,084 | 211,271 | 4,230 | 446,094 | 3,136,025 | 4,074,215 |
Sales & marketing | 828,333 | 1,491,563 | 2,723,979 | 3,289,904 | 2,723,979 | 3,469,383 | 60,077 | 339,615 | 2,785,056 | 3,808,998 | ||
Engineering, research, & development | 344,322 | 214,374 | 1,026,120 | 465,614 | 1,026,120 | 824,653 | 139,649 | 644,330 | 1,165,769 | 1,468,983 | ||
Depreciation & amortization | 116,309 | 89,133 | 300,273 | 181,262 | 300,273 | 270,579 | 403 | 3,970 | 300,676 | 274,549 | ||
Goodwill impairment | 1,066,068 | 7,386,526 | 1,066,068 | |||||||||
Intangible asset impairment | 644,170 | 644,170 | ||||||||||
Total operating expenses | 2,205,286 | 3,119,424 | 6,951,083 | 6,581,458 | 6,951,083 | 9,691,703 | 431,213 | 1,199,186 | 4,230 | 446,094 | 7,386,526 | 11,336,983 |
Loss from operations | (1,433,284) | (2,351,979) | (4,685,209) | (4,296,422) | (4,685,209) | (6,720,073) | (271,484) | (608,145) | (4,230) | (446,094) | (4,960,823) | (7,774,312) |
Other income/(expense) | ||||||||||||
Interest income | 132 | 385 | 2,034 | 406 | 2,034 | 747 | 2,034 | 747 | ||||
Interest expense | (883) | (807) | (2,563) | (6,347,360) | (2,563) | (6,348,186) | (117,944) | (2,563) | (6,466,130) | |||
Change in fair value of derivative liabilities | (2,354) | (51,913) | 55,438 | (3,865,511) | 55,438 | (3,766,231) | 55,438 | (3,766,231) | ||||
Gain on Debt Extinguishment | 103,177 | 103,177 | ||||||||||
Gain (loss) on adjustment in contingent consideration | (193,464) | (28,465) | (28,465) | |||||||||
Total other income/(expense) | (3,105) | (52,335) | 54,909 | (10,405,929) | 54,909 | (10,038,958) | (117,944) | 54,909 | (10,156,902) | |||
Loss before income taxes | (1,436,389) | (2,404,314) | (4,630,300) | (14,702,351) | (4,630,300) | (16,759,031) | (271,484) | (726,089) | (4,230) | (446,094) | (4,906,014) | (17,931,214) |
Income tax expense | (1,678) | (1,678) | (1,678) | (1,678) | ||||||||
Net loss | $ (1,438,067) | $ (2,404,314) | $ (4,631,978) | $ (14,702,351) | $ (4,631,978) | $ (16,759,031) | $ (271,484) | $ (726,089) | $ (4,230) | $ (446,094) | $ (4,907,692) | $ (17,931,214) |
Net loss per share - basic and diluted | $ (0.06) | $ (0.15) | $ (0.22) | $ (1.69) | $ (0.22) | $ (1.58) | $ (0.24) | $ (1.61) | ||||
Weighted average number of shares during the period - basic and diluted | 22,237,762 | 16,215,030 | 20,672,880 | 8,707,839 | 20,672,880 | 10,612,007 | 20,299,303 | 11,116,891 |