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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows from Operating Activities:    
Net loss $ (4,295,256) $ (1,757,342)
Loss from discontinued operations 1,752 21,173
Loss from continuing operations (4,293,504) (1,736,169)
Adjustments to reconcile loss from continuing operations to net cash provided by operating activities:    
Stock-based compensation expense 1,429,963 1,218,747
Provision for doubtful accounts 80,690 5,403
Depreciation and amortization 3,166,041 2,138,959
Impairment charges 0 555,000
Deferred rent 671,474 687,826
Gain on disposal of equipment 0 (20,600)
Gain on disposition of assets 0 (1,318,607)
Changes in operating assets and liabilities:    
Accounts receivable 518,124 779,183
Other receivables 40,997 50,351
Prepaid expenses and other current assets (218,065) (1,073,694)
Other assets 15,000 10,118
Accounts payable (466,223) (393,619)
Accrued expenses (2,183,027) (1,497,251)
Deferred revenue 3,275,530 1,537,947
Other current liabilities (16,172) (67,991)
Other liabilities 0 15,167
Net cash provided by continuing operations 2,020,828 890,770
Net cash used in discontinued operations (3,577) (21,085)
Net cash provided by operating activities 2,017,251 869,685
Cash Flows from Investing Activities:    
Purchase of marketable securities (16,466,052) (92,297,898)
Sale of marketable securities 28,452,354 50,487,087
Capital expenditures (1,012,748) (948,378)
Sale of Promotions.com 265,000 802,939
Sale of certain assets of TheStreet Ratings 0 1,348,902
Proceeds from the sale of fixed assets 0 43,300
Net cash provided by (used in) investing activities 11,238,554 (40,564,048)
Cash Flows from Financing Activities:    
Cash dividends paid on common stock (1,729,303) (1,671,437)
Cash dividends paid on preferred stock (192,848) (192,848)
Purchase of treasury stock (321,533) (54,309)
Net cash used in financing activities (2,243,684) (1,918,594)
Net increase (decrease) in cash and cash equivalents 11,012,121 (41,612,957)
Cash and cash equivalents, beginning of period 20,089,660 60,542,494
Cash and cash equivalents, end of period 31,101,781 18,929,537
Supplemental disclosures of cash flow information:    
Cash payments made for interest 0 1,668
Cash payments made for income taxes $ 0 $ 0