Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets    
Cash $ 3,935,417us-gaap_Cash $ 848,230us-gaap_Cash
Accounts receivable, net of allowance for doubtful accounts of $75,674 and $90,869, respectively 342,796us-gaap_AccountsReceivableNetCurrent 378,934us-gaap_AccountsReceivableNetCurrent
Other current assets 132,810us-gaap_OtherAssetsCurrent 109,846us-gaap_OtherAssetsCurrent
Total current assets 4,411,023us-gaap_AssetsCurrent 1,337,010us-gaap_AssetsCurrent
Goodwill 1,921,072us-gaap_Goodwill 1,921,072us-gaap_Goodwill
Intangible assets, net 2,171,601us-gaap_IntangibleAssetsNetExcludingGoodwill 2,010,952us-gaap_IntangibleAssetsNetExcludingGoodwill
Other assets 111,198us-gaap_OtherAssetsNoncurrent 99,476us-gaap_OtherAssetsNoncurrent
TOTAL ASSETS 8,614,894us-gaap_Assets 5,368,510us-gaap_Assets
Current liabilities    
Accounts payable 506,505us-gaap_AccountsPayableCurrent 412,551us-gaap_AccountsPayableCurrent
Accrued and deferred personnel compensation 162,713us-gaap_AccruedSalariesCurrent 185,214us-gaap_AccruedSalariesCurrent
Deferred revenue and customer deposits 106,923us-gaap_DeferredRevenueCurrent 180,941us-gaap_DeferredRevenueCurrent
Derivative liabilities 24,334us-gaap_DerivativeLiabilitiesCurrent 42,659us-gaap_DerivativeLiabilitiesCurrent
Other current liabilities 37,569us-gaap_OtherLiabilitiesCurrent 42,525us-gaap_OtherLiabilitiesCurrent
Earn-out payable 840,000MFON_EarnOutPayableCurrent 840,000MFON_EarnOutPayableCurrent
Total current liabilities 1,678,044us-gaap_LiabilitiesCurrent 1,704,890us-gaap_LiabilitiesCurrent
Total Liabilities 1,678,044us-gaap_Liabilities 1,704,890us-gaap_Liabilities
Stockholders' equity    
Common stock, $0.001 par value; 50,000,000 shares authorized; 23,059,063 and 22,748,193 shares issued and outstanding 23,059us-gaap_CommonStockValue 22,748us-gaap_CommonStockValue
Equity payable 4,630,862MFON_EquityAmountPayable 100,862MFON_EquityAmountPayable
Additional paid-in capital 63,038,431us-gaap_AdditionalPaidInCapital 62,565,974us-gaap_AdditionalPaidInCapital
Accumulated deficit (60,755,502)us-gaap_RetainedEarningsAccumulatedDeficit (59,025,964)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 6,936,850us-gaap_StockholdersEquity 3,663,620us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 8,614,894us-gaap_LiabilitiesAndStockholdersEquity $ 5,368,510us-gaap_LiabilitiesAndStockholdersEquity