Note 14 - Supplemental Disclosure of Cash Flow Information

12 Months Ended

Dec. 31, 2013

Supplemental Cash Flow Elements [Abstract]

Cash Flow, Supplemental Disclosures [Text Block]

14. Supplemental Disclosure of Cash Flow Information

The following table presents supplemental disclosure information for the statements of cash flows for the years ended December 31, 2013 and 2012

Cash Paid:	2013		2012
Income Taxes (1)	$	3,900	$	4,100
Interest		—		—

(1) All such disbursements were for the payment of foreign income taxes.

During the years ended December 31, 2013 and 2012, the Company capitalized $36,700 and $4,700, respectively, of stock-based compensation expense, for which no cash was disbursed, as a component of capitalized software costs.

During 2013, the Company capitalized $16,400 of property and equipment for which no cash was disbursed. The Company reported this amount as a component of accounts payable.

During 2013, the Company reduced its warrants liability by $6,410,300, of which $1,416,800 was recorded in the Consolidated Statement of Operations. The amendment to the warrants resulted in $4,391,000 being reclassified to equity. The remaining reduction amount was the result of the exercise of 1,717,500 warrants that were not part of the amendment. No cash was disbursed in conjunction with these items. (See Note 8)

During 2012, the Company capitalized $128,100 of property and equipment for which no cash was disbursed. The Company recorded $104,100 of such amount to long term liabilities – deferred rent and $24,000 of such amount to current liabilities – deferred rent.

As of December 31, 2012, the Company reported $65,400 as prepaid expense and other current assets for which no cash was disbursed. The Company reported this amount as a component of accounts payable.