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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 10,323,684 $ 226,255
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Deferred income tax (benefit) expense (7,465,922) 343,659
Depreciation expense 1,150,530 1,124,110
Provision for doubtful accounts 571 22,037
Amortization of intangibles 482,204 786,491
Amortization of deferred financing costs 1,667 5,000
Share-based compensation expense 810,281 717,987
Changes in assets and liabilities:    
Accounts receivable and unbilled receivables (21,027,396) (7,967,993)
Inventories (776,883) (29,868)
Prepaid expenses and other current assets 115,517 (12,576)
Other assets 18,604 62,960
Accounts payable and accrued expenses 23,059,452 10,443,535
Income tax payable (41,432) 33,346
Deferred revenue and other liabilities (264,594) 99,899
Net cash (used in) provided by operating activities 6,386,283 5,854,842
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (254,448) (370,322)
Capitalized software development costs (902,577) (146,227)
Net cash used in investing activities (1,157,025) (516,549)
CASH FLOWS FROM FINANCING ACTIVITIES    
Advances on bank line of credit 1,895,676 6,784,934
Repayments of bank line of credit advances (1,895,676) (6,784,934)
Principal repayments under lease obligations (608,004) (473,278)
Debt issuance costs 0 (5,000)
Common stock repurchased, amount (10,113) (365,685)
Issuance of common stock/At-the-market offering, net of issuance costs 4,345,475 0
Proceeds from exercise of stock options 4,999 0
Net cash used in financing activities 3,732,357 (843,963)
Net effect of exchange rate on cash and equivalents 155,507 (46,595)
NET DECREASE IN CASH 9,117,122 4,447,735
CASH, beginning of period 6,879,627 2,431,892
CASH, end of period 15,996,749 6,879,627
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 308,260 216,096
Cash paid for income taxes 65,990 14,859
NONCASH INVESTING AND FINANCING ACTIVITIES    
Insurance policies financed by short term notes payable 0 181,923
Cashless exercise of stock options 25 0
Lease assets obtained in exchange for new lease liabilities $ 943,290 $ 471,919