Quarterly report pursuant to sections 13 or 15(d)

Note 2: Balance Sheet Information

v2.4.0.8
Note 2: Balance Sheet Information
9 Months Ended
Jun. 30, 2013
Expenses related to stock granted to directors  
Note 2: Balance Sheet Information

Note 2: Balance Sheet Information

 

Balance sheet information is as follows:

  

    June 30,     September 30,  
    2013     2012  
                 
Receivables, current, net:                
Accounts receivable, current   $ 908,954     $ 1,863,067  
Less: Allowance for doubtful accounts     (631,364 )     (1,423,219 )
    $ 277,590     $ 439,848  
Receivables, long term, net:                
Accounts receivable, long term   $ 390,779     $ 510,587  
Less: Allowance for doubtful accounts     (61,443 )     (136,017 )
    $ 329,336     $ 374,570  
Total receivables, net:                
Gross receivables   $ 1,299,733     $ 2,373,654  
Less: Allowance for doubtful accounts     (692,807 )     (1,559,236 )
    $ 606,926     $ 814,418  

 

Components of allowance for doubtful accounts are as follows:

 

    June 30,     September 30,  
    2013     2012  
                 
Allowance for dilution and fees on amounts due from billing aggregators   $ 675,204     $ 1,525,126  
Allowance for customer refunds     17,603       34,111  
    $ 692,807     $ 1,559,237  

 

    June 30,     September 30,  
    2013     2012  
                 
Property and equipment, net:                
Furnishings and fixtures   $ 99,215     $ 94,511  
Office, computer equipment and other     397,407       361,685  
      496,622       456,196  
Less: Accumulated depreciation     (426,828 )     (405,670 )
    $ 69,794     $ 50,526  

 

    June 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     1,329,648       1,252,304  
      2,843,356       2,763,954  
Less:  Accumulated amortization     (938,948 )     (766,283 )
    $ 1,904,408     $ 1,997,671  

  

    June 30,     September 30,  
    2013     2012  
                 
Accrued liabilities:                
Deferred revenue   $     $ 2,310  
Accrued payroll and bonuses     26,205       28,968  
Accruals under revenue sharing agreements     56,162       67,601  
Accrued expenses - other     200,229       311,225  
    $ 282,596     $ 410,104