XML 25 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities  
Net income (loss)$ (853,280)$ (465,363)
Adjustments to reconcile net income (loss) to net cash Provided by operating activities:  
Depreciation and amortization16,7612,527
Allowance for doubtful accounts0(148,398)
Changes in operating assets and liabilities  
Accounts receivable1,186,047(1,012,435)
Inventory25,501331,717
Prepaid expenses31,57061,251
Income taxes recoverable74,037153,675
Deferred taxes050,128
Increase in accounts payable and other liabilities(252,747)783,477
Taxes payable(829)(800)
Net cash provided (used) by operating activities227,060(244,221)
Cash flows from investing activities  
Increase in equipment0(2,749)
Increase in security deposits0(1,400)
Net cash provided (used) by investing activities0(4,149)
Cash flows from financing activities  
Proceeds from sale of common stock145,000190,000
Reduction in line of credit(33,521)0
Net cash provided (used) by financing activities111,479190,000
Net increase (decrease) in cash and cash equivalents338,539(58,370)
Cash and cash equivalents at beginning of period33,528321,637
Cash and cash equivalents at end of period372,067263,267
Supplemental disclosure of cash flow information:  
Income Taxes paid217,2120
Other non-cash financing sources  
Common Stock issued for services$ 80,000$ 0