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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 115,010$ 1,767,472
Adjustments to reconcile net income to net cash provided by operating activities:  
Deferred income tax (benefit) expense(55,399)117,668
Depreciation expense249,801218,674
Amortization of intangibles416,899601,597
Amortization of deferred financing costs1,2855,423
Share-based compensation expense109,85786,752
Loss on disposal of equipment1,3010
Changes in assets and liabilities (net of business combinations):  
Accounts receivable and unbilled accounts receivable4,461,914(3,458,204)
Prepaid expenses and other current assets50,71458,176
Other assets excluding deferred financing costs(10,000)7,918
Accounts payable and accrued expenses(3,728,507)(300,303)
Income taxes payable(143,450)0
Deferred revenue(267,547)(375,187)
Net cash provided by (used in) provided by operating activities1,201,878(1,270,014)
Cash flows from investing activities:  
Purchase of subsidiary, net of cash acquired0(533,701)
Purchase of property and equipment(317,122)(109,029)
Software development costs(350,969)(35,593)
Proceeds from sales of office equipment7500
Net cash used in investing activities(667,341)(678,323)
Cash flows from financing activities:  
Principal payments on notes payable(528,852)(501,279)
Principal payments under capital lease obligation(35,147)(88,437)
Proceeds from exercise of stock options211,2002,160
Net cash used in financing activities(352,799)(587,556)
Net increase (decrease) in cash181,738(2,535,893)
Cash and cash equivalents, beginning of period5,816,3036,238,788
Cash and cash equivalents, end of period5,998,0413,702,895
Supplementary Information:  
Cash paid for income tax232,38345,304
Cash paid for interest$ 56,183$ 65,690