XML 32 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Condensed Consolidated Statements of Cash Flows (unaudited)    
Net Cash Used in Operating Activities $ (13,952) $ (3,550)
Cash Flows From Investing Activities    
Proceeds from sale of property and equipment 0 91,211
Increase to Note Receivable (236) 0
Increases from restricted cash (139) (187)
Purchases of intangible assets 0 (7,500)
Purchases of property and equipment (4,628) (2,500)
Net cash provided (used) in investing activities (5,003) 81,024
Cash Flows From Financing Activities    
Proceeds from stock warrants exercised 123,910 0
Proceeds from stock options exercised 0 985
Net repayments on line-of-credit (60,000) 0
Principal payments on long-term obligations (75,505) (108,588)
Net cash used by financing activities (11,595) (107,603)
Net Decrease in Cash and Cash Equivalents (30,550) (30,129)
Cash and Cash Equivalents - Beginning 52,625 44,498
Cash and Cash Equivalents - Ending 22,075 14,369
Supplemental disclosure of cash flows information:    
Cash paid during the three months for interest 27,682 27,843
Non-cash investing and financing activities:    
The Company issued common stock with a fair value of $70,000 as part of a consulting contract. 70,000 0
The Company issued common stock with a fair value of $3,600 as part of a consulting contract. 3,600 0
The Company issued common stock with a fair value of $25,000 as part of debt refinancing. $ 25,000 $ 0