Note 13 - Supplemental Disclosure of Cash Flow Information

3 Months Ended

Mar. 31, 2015

Supplemental Cash Flow Elements [Abstract]

Cash Flow, Supplemental Disclosures [Text Block]

13. Supplemental Disclosure of Cash Flow Information

We disbursed $300 for the payment of interest expense during the three-month periods ended March 31, 2015. Such disbursement was for capital lease payments. We did not disburse any cash for the payment of interest expense during the three-month period ended March 31, 2014. We disbursed $480 for the payment of income taxes during the three-month period ended March 31, 2014. Such disbursement was made for the payment of foreign income taxes related to the operation of our Israeli subsidiary, GraphOn Research Labs, Ltd. We did not disburse any cash for the payment of income taxes during the three-month period ended March 31, 2014.

During the three-month period ended March 31, 2015 we reduced our warrants liability by $55,100, which was recorded in the Condensed Consolidated Statement of Operations. Such reduction reflected the aggregate fair value adjustments we recorded during such period and in addition to reclassified our 2014 PIPE warrant to equity. No cash was disbursed in conjunction with these items (See Note 4).