XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Cash flows from operating activities    
Net (loss)/income $ (294,663) $ 146,709
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:    
Depreciation and amortization 1,702,760 1,612,147
Provision for deferred taxes (107,567) 89,319
Provision for doubtful accounts 2,485 15,889
Stock-based compensation 254,661 162,374
Changes in operating assets and liabilities:    
Change in accounts receivable (220,962) (53,662)
Change in prepaid expenses and other current assets (209,576) (138,816)
Change in other assets 16,136 11,597
Change in accounts payable 324,633 (574,004)
Change in accrued expenses and other current liabilities (131,453) 273,673
Change in deferred revenue 1,003,320 1,205,011
Total adjustments 2,634,437 2,603,528
Net cash provided by operating activities 2,339,774 2,750,237
Cash flows from investing activities    
PASSUR Network (596,533) (393,356)
Software development costs (1,327,848) (1,319,982)
Property and equipment (96,943) (224,078)
Net cash used in investing activities (2,021,324) (1,937,416)
Cash flows from financing activities    
Payment of notes payable-related party   (600,000)
Proceeds from exercise of stock options   18,220
Net cash used in financing activities   (581,780)
Increase in cash 318,450 231,041
Cash - beginning of period 1,523,655 925,508
Cash - end of period 1,842,105 1,156,549
Supplemental cash flow information    
Cash paid for Interest - related party 81,450 97,567
Cash paid for Income taxes 52,928 57,686
Non-cash investing activities - purchase of property and equipment under capital lease   $ 63,336
Non-cash investing activities - purchase of treasury stock 38,250  
Non-cash investing activities - proceeds from exercise of stock options $ 38,250