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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (7,497,633) $ 398,903
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income tax expense (benefit) 3,710,002 (601,710)
Depreciation expense 360,390 288,939
Provision for doubtful accounts 24,047 54,541
Amortization of intangibles 1,008,432 1,025,690
Amortization of deferred financing costs 4,728 8,728
Share-based compensation expense 237,101 180,927
Gain on change in fair value of contingent obligation 0 (1,250,000)
Loss on disposal of equipment 4,511 0
Changes in assets and liabilities:    
Accounts receivable and unbilled receivables (1,919,646) 1,709,224
Inventories 71,268 18,117
Prepaid expenses and other current assets 267,591 140,471
Other assets excluding deferred financing costs (7,632) (3,637)
Accounts payable and accrued expenses 1,356,266 (539,130)
Income tax (payable) receivable (97,837) 212,095
Deferred revenue (127,440) 103,206
Net cash (used in) provided by operating activities (2,605,852) 1,746,364
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (216,758) (289,102)
Software development costs (138,781) 0
Business combination, net of cash acquired (4,106,510) 0
Net cash used in investing activities (4,462,049) (289,102)
CASH FLOWS FROM FINANCING ACTIVITIES    
Advances on bank line of credit 8,630,155 481,018
Repayments of bank line of credit advances (9,154,596) (481,018)
Principal repayments of long term debt (940,849) (913,511)
Principal repayments under capital lease obligations (37,728) (31,855)
Proceeds from public stock offering, net of offering costs 11,425,118 0
Proceeds from exercise of stock options 280,425 39,720
Net cash provided by (used in) financing activities 10,202,525 (905,646)
Net effect of exchange rate on cash and equivalents (55,139) 0
NET INCREASE IN CASH 3,079,485 551,616
CASH, beginning of period 0 1,857,614
CASH, end of period 3,079,485 2,409,230
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 134,368 148,977
Cash paid for income taxes 125,794 10,774
NONCASH INVESTING AND FINANCING ACTIVITIES    
Insurance policies financed by short term notes payable $ 58,118 $ 50,662