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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ 977,336 $ (136,650)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 101,067 116,629
Amortization of intangibles 595,097 585,260
Amortization of debt issuance costs 46,951 46,951
Provision for doubtful accounts 61,416 45,000
Stock-based compensation 777,678 473,232
Changes in operating assets and liabilities:    
Accounts receivable (104,043) 773,469
Prepaid expenses and other current assets (312,637) (407,676)
Security deposits and other assets (39,014) 91,720
Accounts payable and accrued liabilities (721,471) (930,793)
Deferred revenue and other liabilities 151,289 (203,545)
Net cash provided by operating activities 1,533,669 453,597
Cash flows from investing activities:    
Purchase of property and equipment (201,063) (36,862)
Purchase of capitalized software development (20,998) (99,037)
Net cash used in investing activities (222,061) (135,899)
Cash flows from financing activities:    
Proceeds from credit facilities 46,332,534 51,978,018
Repayments of credit facilities (47,121,600) (52,358,202)
Proceeds from shares issued for Employee Stock Purchase Plan 30,040 29,669
Repayments of finance lease obligations   (1,874)
Net cash used in financing activities (759,026) (352,389)
Net increase (decrease) in cash and cash equivalents 552,582 (34,691)
Cash and cash equivalents at beginning of period 3,411,108 2,122,297
Cash and cash equivalents at end of period 3,963,690 2,087,606
Supplemental cash flow information:    
Cash paid for interest 126,066 186,069
Cash paid for income taxes $ 146,483 $ 26,905