BALANCE SHEET INFORMATION

12 Months Ended

Sep. 30, 2011

4.	BALANCE SHEET INFORMATION

Balance sheet information is as follows:

	September 30,			September 30,
	2011			2010
Receivables, current, net:
Accounts receivable, current	$	2,080,747		$	2,750,393
Less: Allowance for doubtful accounts		(1,425,891	)		(1,801,954	)
	$	654,856		$	948,439
Receivables, long term, net:
Accounts receivable, long term	$	569,178		$	680,108
Less: Allowance for doubtful accounts		(197,740	)		(349,874	)
	$	371,438		$	330,234
Total receivables, net:
Gross receivables	$	2,649,925		$	3,430,501
Less: Allowance for doubtful accounts		(1,623,631	)		(2,151,828	)
	$	1,026,294		$	1,278,673

Components of allowance for doubtful accounts are as follows:

	September 30,			September 30,
	2011			2010
Allowance for dilution and fees on amounts due from billing aggregators	$	1,477,769		$	2,104,826
Allowance for customer refunds		145,862			47,002
	$	1,623,631		$	2,151,828

	September 30,			September 30,
	2011			2010
Property and equipment, net:
Leasehold improvements	$	201,476		$	239,271
Furnishings and fixtures		233,577			319,004
Office, computer equipment and other		426,931			704,388
		861,984			1,262,663
Less: Accumulated depreciation		(690,783	)		(865,281	)
	$	171,201		$	397,382

	September 30,			September 30,
	2011			2010
Intangible assets, net:
Domain name and marketing related intangibles	$	1,509,600		$	1,509,600
Website and technology related intangibles		351,941			1,914,991
		1,861,541			3,424,591
Less: Accumulated amortization		(639,207	)		(1,485,639	)
	$	1,222,334		$	1,938,952

	September 30,			September 30,
	2011			2010
Accrued liabilities:
Deferred revenue	$	14,553		$	87,574
Accrued payroll and bonuses		63,043			124,544
Accruals under revenue sharing agreements		86,550			133,119
Accrued expenses - other		260,448			534,951
	$	424,594		$	880,188