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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Jan. 31, 2018
Jan. 31, 2017
[1]
Cash flows from operating activities    
Net loss $ (1,167,019) $ (50,567)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 830,472 745,918
Provision for deferred taxes 0 (111,955)
Provision for doubtful accounts 0 1,513
Stock-based compensation 171,112 141,960
Changes in operating assets and liabilities:    
Change in accounts receivable 380,840 (1,812,498)
Change in prepaid expenses and other current assets (118,938) 13,559
Change in other assets 13,532 6,044
Change in accounts payable 631,590 297,761
Change in accrued expenses and other current liabilities (157,111) (237,268)
Change in other liabilities 5,517 0
Change in deferred revenue 1,967,337 778,131
Total adjustments 3,724,351 (176,835)
Net cash provided by (used in) operating activities 2,557,332 (227,402)
Cash flows from investing activities    
PASSUR Network (114,456) (100,137)
Software development costs (548,272) (607,069)
Property and equipment (38,398) (85,819)
Net cash used in investing activities (701,126) (793,025)
Cash flows from financing activities    
Proceeds from notes payable - related party 925,000 0
Net cash provided by financing activities 925,000 0
Increase/(decrease) in cash 2,781,206 (1,020,427)
Cash - beginning of period 275,146 1,523,655
Cash - end of period 3,056,352 503,228
Supplemental cash flow information    
Cash paid for Interest - related party 65,713 41,400
Cash paid for Income taxes $ 0 $ 29,487
[1] Certain January 31, 2017 balances have been restated from previously reported results. Please refer to Note 2 of the Company’s Annual Report on Form 10-K for the year ended October 31, 2017