Annual report pursuant to section 13 and 15(d)

Note 6: Balance Sheet Information (Tables)

v2.4.0.8
Note 6: Balance Sheet Information (Tables)
12 Months Ended
Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance sheet information

Balance sheet information is as follows:

 

    September 30,     September 30,  
    2013     2012  
             
Receivables, current, net:                
Accounts receivable, current   $ 904,197     $ 1,863,067  
Less: Allowance for doubtful accounts     (729,296 )     (1,423,219 )
    $ 174,901     $ 439,848  
Receivables, long term, net:                
Accounts receivable, long term   $ 374,708     $ 510,587  
Less: Allowance for doubtful accounts     (330,069 )     (136,017 )
    $ 44,639     $ 374,570  
Total receivables, net:                
Gross receivables   $ 1,278,905     $ 2,373,654  
Less: Allowance for doubtful accounts     (1,059,365 )     (1,559,236 )
    $ 219,540     $ 814,418  

  

Components of allowance for doubtful accounts
    September 30,     September 30,  
    2013     2012  
             
Allowance for dilution and fees on amounts due from billing aggregators   $ 730,777     $ 1,525,126  
Allowance for customer refunds     6,281       34,111  
    $ 737,058     $ 1,559,237  
Property and equipment, net
    September 30,     September 30,  
    2013     2012  
             
Property and equipment, net:                
Furnishings and fixtures   $ 101,611     $ 94,511  
Office, computer equipment and other     404,580       361,685  
      506,191       456,196  
Less: Accumulated depreciation     (435,029 )     (405,670 )
    $ 71,162     $ 50,526  
Intangible assets, net
    September 30,     September 30,  
    2013     2012  
             
Intangible assets, net:                
Domain name and marketing related intangibles   $ 1,513,708     $ 1,511,650  
Website and technology related intangibles     2,335,728       1,252,304  
      3,849,436       2,763,954  
Less: Accumulated amortization     (1,001,035 )     (766,283 )
    $ 2,848,401     $ 1,997,671  
Accrued liabilities
    September 30,     September 30,  
    2013     2012  
             
Accrued liabilities:                
Deferred revenue   $ 2,829     $ 2,310  
Accrued payroll and bonuses     27,330       28,968  
Accruals under revenue sharing agreements     44,167       67,601  
Accrued expenses - other     225,138       311,225  
    $ 299,464     $ 410,104