Supplemental Disclosure of Cash Flow Information

6 Months Ended

Jun. 30, 2016

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosure of Cash Flow Information

14. Supplemental Disclosure of Cash Flow Information

We disbursed $600 and $700 for the payment of interest expense during the six-month periods ended June 30, 2016 or 2015, respectively.

We disbursed $800 and $2,100 for the payment of income taxes during the six-month periods ended June 30, 2016 and 2015, 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, 2016, we increased our warrants liability by $28,600, and decreased by $129,300 for the same periods in the prior year, which was recorded in the Condensed Consolidated Statement of Operations. Such increase for the six-month ended June 30, 2016 reflected the aggregate fair value adjustments we recorded during such period and in addition to reclassifying our 2014 PIPE warrant to equity. No cash was disbursed in conjunction with these items (See Note 5).