Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash $ 9,477,969us-gaap_Cash $ 5,082,569us-gaap_Cash
Accounts receivable - net 763,070us-gaap_AccountsReceivableNet 216,997us-gaap_AccountsReceivableNet
Bonds posted with courts 1,732,895MARA_BondsPostedWithCourts 1,946,196MARA_BondsPostedWithCourts
Prepaid expenses and other current assets 149,643us-gaap_PrepaidExpenseCurrent 438,391us-gaap_PrepaidExpenseCurrent
Total current assets 12,123,577us-gaap_AssetsCurrent 7,684,153us-gaap_AssetsCurrent
Other assets:    
Property and equipment, net 80,659us-gaap_PropertyPlantAndEquipmentNet 53,828us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net 40,157,085us-gaap_FiniteLivedIntangibleAssetsNet 43,363,832us-gaap_FiniteLivedIntangibleAssetsNet
Deferred tax assets 7,117,753us-gaap_DeferredTaxAssetsGrossCurrent 4,789,293us-gaap_DeferredTaxAssetsGrossCurrent
Goodwill 4,453,997us-gaap_Goodwill 4,894,208us-gaap_Goodwill
Total other assets 51,809,495us-gaap_OtherAssets 53,101,161us-gaap_OtherAssets
Total Assets 63,933,072us-gaap_Assets 60,785,314us-gaap_Assets
Current liabilities:    
Accounts payable and accrued expenses 5,195,719us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 3,293,746us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Clouding IP earn out - current portion 2,092,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedContingentLiability 2,092,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedContingentLiability
Notes payable, net of discounts of $784,154 and $82,010 for 3/31/15 and 12/31/14 8,059,305us-gaap_NotesPayable 16,560,000us-gaap_NotesPayable
Total current liabilities 15,347,024us-gaap_LiabilitiesCurrent 21,945,746us-gaap_LiabilitiesCurrent
Long-term liabilities    
Notes Payable, net of discount of $1,818,185 and $64,925, for 3/31/15 and 12/31/14 17,486,300MARA_NotesPayableNocurrent 5,403,065MARA_NotesPayableNocurrent
Other non current liability 52,867us-gaap_OtherLiabilitiesNoncurrent   
Deferred tax liability 1,392,557us-gaap_DeferredIncomeTaxLiabilities 1,823,884us-gaap_DeferredIncomeTaxLiabilities
Revenue Share Liability 1,000,000us-gaap_DeferredRevenue   
Clouding IP earn out 7,360,000us-gaap_LiabilitiesOfBusinessTransferredUnderContractualArrangementNoncurrent 7,360,000us-gaap_LiabilitiesOfBusinessTransferredUnderContractualArrangementNoncurrent
Total long-term liabilities 27,291,724us-gaap_LiabilitiesNoncurrent 14,586,949us-gaap_LiabilitiesNoncurrent
Total liabilities 42,638,748us-gaap_Liabilities 36,532,695us-gaap_Liabilities
Stockholders' Equity:    
Preferred stock Series B, $.0001 par value, 50,000,000 shares authorized: 982,000 and 932,000 issued and outstanding at March 31, 2015 and December 31, 2014 98us-gaap_PreferredStockValue 93us-gaap_PreferredStockValue
Common stock, $.0001 par value, 200,000,000 shares authorized: 13,990,869 and 13,791,460 issued and outstanding at March 31, 2015 and December 31,2014 1,399us-gaap_CommonStockValue 1,379us-gaap_CommonStockValue
Additional paid-in capital 39,750,659us-gaap_AdditionalPaidInCapital 36,977,169us-gaap_AdditionalPaidInCapital
Accumulated other comprehensive loss (1,338,596)us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax (388,357)us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
Accumulated deficit (17,119,236)us-gaap_RetainedEarningsAccumulatedDeficit (12,337,665)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 21,294,324us-gaap_StockholdersEquity 24,252,619us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 63,933,072us-gaap_LiabilitiesAndStockholdersEquity $ 60,785,314us-gaap_LiabilitiesAndStockholdersEquity