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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ (3,036,688) $ 374,540
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization $ 854,372 60,134
Excess tax benefits from share-based payment arrangements   (84,264)
Non-cash stock compensation $ 435,327 287,431
Allowance for refunds and chargebacks   $ (898)
Non-cash earn out liability adjustment $ 2,371,332  
Deferred income taxes 3,794 $ (74,124)
(Gain)/loss on disposal of property and equipment 2,491  
Changes in operating assets and liabilities:    
Accounts receivable (120,488) $ 5,535
Other assets (103,482) 6,353
Income taxes receivable and payable (904,301) (279,923)
Accounts payable, accruals and other current liabilities (146,046) 13,187
Deferred revenue (109,578) 38,737
Net cash (used in) provided by operating activities (753,267) 346,708
Cash flows from investing activities    
Purchases of property and equipment (323,001) (2,116)
Net cash used in investing activities (323,001) $ (2,116)
Cash flows provided by financing activities:    
Payment to reduce earn out liability $ (2,000,000)  
Dividends to shareholders   $ (1,203,533)
Proceeds from issuance of common stock $ 2,058,142 10,507,801
Excess tax benefits from share-based payment arrangements   73,301
Net cash provided by financing activities $ 58,142 $ 9,377,569
Effect of exchange rate on cash 10,158  
Change in cash and cash equivalents (1,007,968) $ 9,722,161
Cash and cash equivalents, beginning of period 2,825,520 1,731,243
Cash and cash equivalents, end of period 1,817,552 11,453,404
Supplemental information on consolidated statements of cash flows:    
Cash paid for income taxes 38,325 $ 618,500
Noncash investing and financing activity:    
Settlement of earn out liability with common stock $ 3,000,000