Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Pro Forma Information) (Details)

v3.3.0.814
Acquisitions (Pro Forma Information) (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues        
Revenues $ 1,303,663 $ 1,044,254 $ 3,335,080 $ 3,057,360
Cost of revenues 286,503 272,252 820,455 791,486
Gross margin 1,017,160 772,002 2,514,625 2,265,874
Operating expenses        
General and administrative 1,068,157 916,322 3,276,384 2,900,711
Sales and marketing 1,005,520 828,333 2,895,748 2,723,979
Engineering, research, and development 269,273 344,322 584,978 1,026,120
Depreciation and amortization 105,512 116,309 243,998 300,273
Total operating expenses 2,448,462 2,205,286 7,001,108 6,951,083
Loss from operations (1,431,302) (1,433,284) (4,486,483) (4,685,209)
Other income/(expense)        
Interest income 506 132 1,054 2,034
Interest expense   (883)   (2,563)
Change in fair value of derivative liabilities 41,795 (2,354) 34,980 55,438
Total other income/(expense) 108,853 (3,105) 104,586 54,909
Loss before income taxes (1,322,449) (1,436,389) (4,381,897) (4,630,300)
Income tax expense   (1,678)   (1,678)
Net loss $ (1,322,449) $ (1,438,067) $ (4,381,897) $ (4,631,978)
Net loss per share - basic and diluted $ (0.05) $ (0.06) $ (0.17) $ (0.22)
Weighted average number of shares during the period - basic and diluted 28,480,322 22,237,762 25,973,592 20,672,880
Pro Forma Adjustments [Member]        
Operating expenses        
General and administrative [1]       $ 4,230
Total operating expenses       4,230
Loss from operations       (4,230)
Other income/(expense)        
Loss before income taxes       (4,230)
Net loss       (4,230)
Pro Forma Combined [Member]        
Revenues        
Revenues       3,271,499
Cost of revenues       845,896
Gross margin       2,425,603
Operating expenses        
General and administrative       3,136,025
Sales and marketing       2,784,056
Engineering, research, and development       1,165,769
Depreciation and amortization       300,676
Total operating expenses       7,386,526
Loss from operations       (4,960,923)
Other income/(expense)        
Interest income       2,034
Interest expense       (2,563)
Change in fair value of derivative liabilities       55,438
Total other income/(expense)       54,909
Loss before income taxes       (4,906,014)
Income tax expense       (1,678)
Net loss       $ (4,907,692)
Net loss per share - basic and diluted       $ (0.24)
Weighted average number of shares during the period - basic and diluted       20,299,303
Smart Receipt [Member]        
Revenues        
Revenues       $ 214,139
Cost of revenues       54,410
Gross margin       159,729
Operating expenses        
General and administrative       231,084
Sales and marketing       60,077
Engineering, research, and development       139,649
Depreciation and amortization       403
Total operating expenses       431,213
Loss from operations       (271,484)
Other income/(expense)        
Loss before income taxes       (271,484)
Net loss       $ (271,484)
[1] Represents stock based compensation in conjunction with the transaction.