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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 83,837 $ 450,148
Adjustments to reconcile net income to net cash provided by operating activities:    
Reserve for bad debt 266,807 0
Changes in assets and liabilities:    
Licensee receivable (222,516) (135,422)
Prepaid expenses (169) (51)
Security deposit payable (2,500) 27,500
Accounts payable and accrued expenses 150,255 (25,206)
Accrued income tax payable 49,400 0
Deferred revenue 68,500 0
NET CASH PROVIDED BY OPERATING ACTIVITIES 393,614 316,969
CASH FLOW FROM FINANCING ACTIVITIES:    
Related party payables 0 (143,775)
Settlement receivable 23,781 138,608
Loan receivable 34,844 (1,696)
Settlement payable (28,654) (189,071)
Loan payable (34,844) 1,696
NET CASH USED IN FINANCING ACTIVITIES (4,873) (194,238)
NET INCREASE IN CASH 388,741 122,731
Cash and cash equivalents - beginning of year 127,253 4,522
Cash and cash equivalents - end of year 515,994 127,253
Supplemental disclosures of cash flow information:    
Cash paid during the year for interest 1,418 15,839
Cash paid for income taxes $ 1,276 $ 1,239