Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 20,513,060 $ 868,294
Accounts receivable 766,232 1,923,048
Marketable securities, at fair value 254,787 251,349
Prepaid expense 216,963 63,982
Total Current Assets 21,751,042 3,106,673
Property and equipment, net 54,104 34,863
Security deposits 23,711 23,711
Deferred offering costs - initial public offering    832,240
Developed technology, net 443,861 402,890
Goodwill 635,671 635,671
Trade name 90,400 90,400
Total assets 22,998,789 5,126,448
Current Liabilities:    
Accounts payable 301,574 265,013
Accrued expenses 125,264 85,327
Deferred revenue 552,586 500,000
Warrant liability 304,560  
Total current liabilities 1,283,984 850,340
Notes payable - members, net of original issue discount of $0 and $138,256 as of March 31, 2013 and December 31, 2012, respectively    1,487,900
Deferred tax liability 195,737   
Total liabilities 1,479,721 2,338,240
Commitments and contingencies      
Stockholders' Equity    
Common stock $0.01 par value, 25,000,000 shares authorized, 6,318,227 and 3,487,847 shares issued and outstanding, as of March 31, 2013 and December 31, 2012 63,182 34,878
Additional paid-in capital 21,932,761 2,751,827
Accumulated Deficit (481,816)   
Accumulated other comprehensive income 4,941 1,503
Total stockholders' equity 21,519,068 2,788,208
Total liabilities and stockholders' equity $ 22,998,789 $ 5,126,448