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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (1,154,217) $ (659,510)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Deferred income tax benefit (1,925) (3,965)
Depreciation expense 83,752 119,799
Provision for doubtful accounts 14,136 (6,616)
Amortization of intangibles 269,822 266,920
Share-based compensation expense 85,017 87,879
Gain on disposal of equipment (4,061) 0
Changes in assets and liabilities:    
Accounts receivable and unbilled receivables 293,219 1,341,494
Inventories (51,623) (12,265)
Prepaid expenses and other current assets (102,659) (91,619)
Other assets 1,500 4,281
Accounts payable and accrued expenses (1,560,165) (2,295,069)
Income tax (payable) receivable 47,278 20,691
Deferred revenue and other liabilities 116,461 (814,525)
Net cash used in operating activities (1,963,465) (2,042,505)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (78,250) (39,187)
Software development costs (13,773) 0
Proceeds from the sale of property and equipment 51,854 0
Net cash used in investing activities (40,169) (39,187)
CASH FLOWS FROM FINANCING ACTIVITIES    
Advances on bank line of credit 2,357,314 3,804,476
Repayments of bank line of credit advances (2,357,314) (3,218,764)
Principal repayments of long term debt (79,565) (219,451)
Principal repayments under capital lease obligations (15,895) (15,183)
Restricted stock award tax liability payment (46,037) (30,016)
Proceeds from exercise of stock options 17,100 0
Net cash (used in) provided by financing activities (124,397) 321,062
Net effect of exchange rate on cash and equivalents 43,982 81,791
NET DECREASE IN CASH (2,084,049) (1,678,839)
CASH AND CASH EQUIVALENTS, beginning of period 9,123,498 7,930,303
CASH AND CASH EQUIVALENTS, end of period 7,039,448 6,251,464
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 9,500 23,071
Cash paid for income taxes 764 4,031
Cash received from income tax refund 2,674 0
NONCASH INVESTING AND FINANCING ACTIVITIES    
Acquisition of assets under capital lease obligation $ 93,301 $ 0