Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS (USD $)
Jun. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 20,139,693 $ 868,294
Accounts receivable 447,086 1,923,048
Marketable securities, at fair value 245,988 251,349
Prepaid expense 173,810 63,982
Total current assets 21,006,577 3,106,673
Property and equipment, net 57,590 34,863
Security deposits 23,711 23,711
Deferred costs - initial public offering    832,240
Capitalized technology, net 660,145 402,890
Goodwill 635,671 635,671
Trade name 90,400 90,400
Total assets 22,474,094 5,126,448
Current Liabilities:    
Accounts payable 254,729 265,013
Accrued expenses 116,713 85,327
Deferred revenue 565,836 500,000
Warrant liability 104,065   
Total current liabilities 1,041,343 850,340
Notes payable - members, net of original issue discount of $0 and $138,256 as of June 30, 2013 and December 31, 2012, respectively    1,487,900
Deferred tax liability 104,812   
Total liabilities 1,146,155 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 June 30, 2013 and December 31, 2012, respectively 63,182 34,878
Additional paid in capital 21,883,593 2,751,827
Accumulated deficit (614,978)   
Accumulated other comprehensive (loss) income (3,858) 1,503
Total stockholders' equity 21,327,939 2,788,208
Total liabilities and stockholders' equity $ 22,474,094 $ 5,126,448