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Note 13 - Supplemental Disclosure of Cash Flow Information
6 Months Ended
Jun. 30, 2014
Supplemental Cash Flow Elements [Abstract]  
Cash Flow, Supplemental Disclosures [Text Block]

13. Supplemental Disclosure of Cash Flow Information


We did not disburse any cash for the payment of interest expense during the six-month periods ended June 30, 2014 or 2013.


We disbursed $2,000 and $1,800 for the payment of income taxes during the six-month periods ended June 30, 2014 and 2013, respectively. Such disbursement was made for the payment of foreign income taxes related to the operation of our Israeli subsidiary, GraphOn Research Labs, Ltd.


During the six-month period ended June 30, 2014 we reduced our warrants liability by $1,677,200, which was recorded in the Condensed Consolidated Statement of Operations. Such reduction reflected the aggregate fair value adjustments we recorded during such period, which was partially offset by the recording of the $1,356,000 fair value of warrants issued in conjunction with the 2014 transaction. No cash was disbursed in conjunction with these items (See Note 4).


During the six-month period ended June 30, 2014, we capitalized $106,600 of leasehold improvements for which no cash was disbursed. We recorded $81,600 of such amount to long-term liabilities – deferred rent, and $25,000 to current liabilities – deferred rent.


During the six-month period ended June 30, 2014, we capitalized $65,900 of fixed assets for which no cash was disbursed. All of the amounts so capitalized were reported within accounts payable and accrued expenses as of June 30, 2014.


During the six-month period ended June 30, 2014, we retired $1,333,800 of fixed assets that were no longer in service as of June 30, 2014. All of the assets so retired were fully depreciated or amortized at the time of their respective retirement (See Note 3).


During the six-month period ended June 30, 2013, we capitalized $36,700 of stock-based compensation expense for which no cash was disbursed, as a component of capitalized software development costs. We did not capitalize any stock based compensation expense during the six month period ended June 30, 2014.


During the six-month period ended June 30, 2013, we reduced our warrants liability by $6,072,600, of which $1,319,200 of the reduction was recorded in the Condensed Consolidated Statement of Operations. The remaining reduction amount, which was reclassified to equity, occurred as a result of the amendment to the warrants and exercise of 917,500 warrants prior to the amendment. No cash was disbursed in conjunction with these items.