Annual report pursuant to Section 13 and 15(d)

Note 9 - Income Taxes - Net Deferred Taxes (Details)

v3.7.0.1
Note 9 - Income Taxes - Net Deferred Taxes (Details) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Deferred revenue $ 1,509,400 $ 1,988,200
Deferred franchise costs (553,900) (664,000)
Allowance for doubtful accounts 51,400 1,781,000
Accrued expenses 57,400 74,900
Goodwill - Component 1 (120,700)
Goodwill - Component 2 86,800 87,000
Restricted stock compensation (30,800) (44,100)
Nonqualified stock options 182,100 109,600
Deferred rent 629,600 209,700
Lease abandonment 108,900
Net operating loss carryforwards 8,924,800 1,849,100
Tax credits 14,000 14,200
Charitable contribution carryover 6,500 1,300
Asset basis difference related to property and equipment 630,900 167,500
11,496,400 5,574,400
Less valuation allowance (11,617,100) (5,574,400)
Net non-current deferred tax liability $ (120,700)