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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (1,556,440) $ (2,567,387)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Deferred income tax (benefit) expense (8,059) 3,663
Depreciation expense 230,993 243,186
Provision for doubtful accounts (13,394) (23,127)
Amortization of intangibles 533,839 530,770
Amortization of deferred financing costs 0 5,819
Share-based compensation expense 136,326 118,862
Loss on disposal of equipment 0 1,102
Changes in assets and liabilities:    
Accounts receivable and unbilled receivables 3,669,992 (3,459,035)
Inventories (36,704) 14,828
Prepaid expenses and other current assets 15,163 (189,426)
Other assets (1,320) 16,711
Accounts payable and accrued expenses (1,067,642) 2,189,639
Income tax (payable) receivable 1,856 51,065
Deferred revenue and other liabilities (921,137) 1,106,513
Net cash provided by (used in) operating activities 983,473 (1,956,817)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (61,723) (196,235)
Software development costs (233,481) (186,354)
Net cash used in investing activities (295,204) (382,589)
CASH FLOWS FROM FINANCING ACTIVITIES    
Advances on bank line of credit 10,239,395 8,649,307
Repayments of bank line of credit advances (10,101,534) (8,526,780)
Principal repayments of long term debt (441,278) (1,755,076)
Principal repayments under capital lease obligations (21,084) (31,128)
Restricted stock award tax liability payment (32,332) 0
Proceeds from exercise of stock options 0 670,458
Net cash used in financing activities (356,833) (993,219)
Net effect of exchange rate on cash and equivalents 65,882 (134,742)
NET INCREASE (DECREASE) IN CASH 397,318 (3,467,367)
CASH, beginning of period 7,930,303 13,154,699
CASH, end of period 8,327,621 9,687,332
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 46,055 101,279
Cash paid for income taxes $ 4,031 $ 60,295