Quarterly report pursuant to sections 13 or 15(d)

2. Balance Sheet Information

v2.4.0.8
2. Balance Sheet Information
3 Months Ended
Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Information

Balance sheet information is as follows:

 

    December 31,     September 30,  
    2013     2013  
             
Receivables, current, net:                
Accounts receivable, current   $ 848,999     $ 904,197  
Less: Allowance for doubtful accounts     (708,452 )     (729,296 )
    $ 140,547     $ 174,901  
Receivables, long term, net:                
Accounts receivable, long term   $ 363,540     $ 374,708  
Less: Allowance for doubtful accounts     (318,902 )     (330,069 )
    $ 44,638     $ 44,639  
Total receivables, net:                
Gross receivables   $ 1,212,539     $ 1,278,905  
Less: Allowance for doubtful accounts     (1,027,354 )     (1,059,365 )
    $ 185,185     $ 219,540  

 

Components of allowance for doubtful accounts are as follows:

 

    December 31,     September 30,  
    2013     2013  
             
Allowance for dilution and fees on amounts due from billing aggregators   $ 1,007,961     $ 730,777  
Allowance for customer refunds     2,428       6,281  
    $ 1,010,389     $ 737,058  

 

    December 31,     September 30,  
    2013     2013  
             
Property and equipment, net:                
Furnishings and fixtures   $ 101,611     $ 101,611  
Office, computer equipment and other     410,747       404,580  
      512,358       506,191  
Less: Accumulated depreciation     (443,873 )     (435,029 )
    $ 68,485     $ 71,162  

  

    December 31,     September 30,  
    2013     2013  
             
Intangible assets, net:                
Domain name and marketing related intangibles   $ 1,513,708     $ 1,513,708  
Website and technology related intangibles     2,336,291       2,335,728  
      3,849,999       3,849,436  
Less:  Accumulated amortization     (1,096,901 )     (1,001,035 )
    $ 2,753,098     $ 2,848,401  

 

    December 31,     September 30,  
    2013     2013  
             
Accrued liabilities:                
Deferred revenue   $ 1,962     $ 2,829  
Accrued payroll and bonuses     27,951       27,330  
Accruals under revenue sharing agreements     1,480       44,167  
Accrued expenses - other     229,087       225,138  
    $ 260,480     $ 299,464