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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income (Loss) $ (105,590) $ 30,205
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Reserve for bad debts 130,000 0
Changes in assets and liabilities:    
Licensee receivable 23,322 15,976
Prepaid expenses (18,992) 2,123
Security deposit payable 0 2,500
Accounts payable and accrued expenses (187,535) (17,013)
Accrued income tax payable (49,400) 0
Deferred revenue 37,667 0
NET CASH PROVIDED BY/(USED IN) OPERATING ACTIVITIES (170,528) 33,791
CASH FLOW FROM FINANCING ACTIVITIES:    
Related party payables 30,000 15,000
Settlement receivable 0 23,781
Loan receivable 0 11,527
Settlement payable 0 (23,751)
Loan payable 0 (11,527)
NET CASH PROVIDED BY FINANCING ACTIVITIES 30,000 15,030
NET INCREASE/(DECREASE) IN CASH (140,528) 48,821
Cash and cash equivalents - beginning of year 515,994 127,253
Cash and cash equivalents - end of year 375,466 176,074
Supplemental disclosures of cash flow information:    
Cash paid during the year for interest 187 127
Cash paid for income taxes $ 58,611 $ 1,225