XML 43 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income/(loss) $ (1,878) $ 1,341
Adjustments to reconcile net income/(loss) to net cash generated in operating activities:    
Depreciation and amortization 42 360
Stock compensation expense 46 55
Stock issuance for external consulting fees 35   
Bad debt expense    18
Gain on forgiveness of debt    (598)
Changes in assets and liabilities:    
Trade accounts receivable 1,201 489
Prepaid expenses and other assets 97 65
Accounts payable and accrued expenses 167 (117)
Deferred revenue (362) (743)
Net cash generated/(used in) operating activities (652) 870
Cash flows from investing activities:    
Purchases of equipment (7) (16)
Net cash used in investing activities (7) (16)
Cash flows from financing activities:    
Issuance of common stock 65   
Borrowings under short and long-term debt 1,020 725
Repayments of short and long-term debt (416) (1,670)
Net cash generated/(used by) by financing activities 669 (945)
Net decrease in cash 10 (91)
Cash:    
Beginning of period 69 184
End of period $ 79 $ 93