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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities    
Net loss $ (7,293,644) $ (3,650,367)
Adjustments to reconcile net loss to net cash used in operating activities:    
Realization of cumulative translation adjustment    (1,227,656)
Share-based compensation expense 957,261 1,499,910
Change in fair value of derivative instruments 1,181,575 (341,118)
Depreciation expense 139,049 234,811
Provision for deferred income taxes 49,753 188,610
Non-cash interest expense 104,726 81,252
Gain on the disposal of property and equipment (3,500) (66,626)
Changes in operating assets and liabilities:    
Billed accounts receivable 2,432,641 2,818,201
Unbilled accounts receivable 2,501,117 (661,103)
Prepaid expenses and other current assets 313,384 557,683
Accounts payable (588,086) 400,764
Accrued expenses and other liabilities 203,951 455,184
Deferred revenue (909,939) (467,409)
Net cash used by operating activities (911,712) (177,864)
Investing activities    
Purchase of property and equipment (84,579)   
Proceeds from the sale of property and equipment 3,500 67,400
Net cash (used) provided by investing activities (81,079) 67,400
Financing activities    
Proceeds from issuance (repayment) of debt and warrants (499,998) 2,500,000
Net proceeds from (repayment of) revolving credit agreement (1,330,507) 1,208,370
Deferred financing costs    (216,460)
Change in restricted cash requirements    100,000
Proceeds from issuance of common stock, net of offering costs 6,068,891 38,984
Other    (32,960)
Net cash provided by financing activities 4,238,386 3,597,934
Effects of exchange rates on cash (3,713) 2,087
Increases in cash and cash equivalents 3,241,882 3,489,557
Cash and cash equivalents, at beginning of period 12,701,517 11,236,771
Cash and cash equivalents, at end of period 15,943,399 14,726,328
Supplemental disclosure of cash flow information    
Cash paid for interest 184,909 145,658
Noncash financing activities    
Value of warrants issued to lender in connection with loan    $ 69,876