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UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities    
Net income $ 3,194,996 $ 2,640,239
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 2,199,214 2,273,083
Issuance of common stock for services 0 318,000
Non-cash compensation expense, net of recapture (153,412) 0
Amortization of right-of-use asset 382,379 0
Discount on loan fees 21,483 25,478
Change in assets and liabilities:    
Accounts receivable (66,974) 78,906
Prepaid expenses (356,525) (419,633)
Accounts payable 360,845 11,853
Accrued expense 864,290 (462,152)
Operating lease liabilities (382,379) 0
Deferred revenue 198,521 1,192,715
Net Cash Provided by Operating Activities 6,262,438 5,658,489
Cash Flows from Investing Activities:    
Purchase of property and equipment (353,040) (254,527)
Net Cash Used in Investing Activities (353,040) (254,527)
Cash Flows from Financing Activities:    
Repayment on term loan (1,200,000) (1,200,000)
Repayment on capital lease (54,377) (51,589)
Net Cash Used in Financing Activities (1,254,377) (1,251,589)
Net Increase in Cash 4,655,021 4,152,373
Cash at Beginning of Period 11,079,941 5,211,845
Cash at End of Period 15,734,962 9,364,218
Supplemental Disclosures of Cash Flow Information    
Cash paid during the periods for: interest 223,519 263,981
Cash paid during the periods for: income taxes 0 0
Supplemental Disclosures of Cash Flow Investing and Financing Activities    
Right-of-use operating lease assets obtained in exchange for operating lease liabilities $ 1,397,821 $ 0