XML 37 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net income (loss) $ 722,054us-gaap_ProceedsFromIssuanceOfCommonStock $ (3,423,361)us-gaap_ProceedsFromIssuanceOfCommonStock
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 815,915us-gaap_DepreciationDepletionAndAmortization 1,085,459us-gaap_DepreciationDepletionAndAmortization
Gain on sale of asset (163,333)us-gaap_GainLossOnDispositionOfAssets1  
Vesting of stock options for compensation 615,265us-gaap_StockOptionPlanExpense 941,287us-gaap_StockOptionPlanExpense
Change in warrant liability 95,728meet_ChangeInWarrantLiability 355,954meet_ChangeInWarrantLiability
Loss on cumulative foreign currency translation adjustment 794,704us-gaap_ForeignCurrencyTransactionGainLossBeforeTax  
Bad debt recovery (262,000)meet_BadDebtExpenseRecovery (45,000)meet_BadDebtExpenseRecovery
Amortization of discounts on notes payable and debt issuance costs 63,623us-gaap_AmortizationOfFinancingCostsAndDiscounts 256,939us-gaap_AmortizationOfFinancingCostsAndDiscounts
Changes in operating assets and liabilities:    
Accounts receivable - trade (1,448,278)us-gaap_IncreaseDecreaseInAccountsReceivable 1,606,070us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaids expenses, other current assets and other assets (265,046)us-gaap_IncreaseDecreaseInOtherOperatingAssets (26,719)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable and accrued expenses (1,926,512)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (345,556)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Deferred revenue 11,853us-gaap_IncreaseDecreaseInDeferredRevenue (10,924)us-gaap_IncreaseDecreaseInDeferredRevenue
Net cash (used in) provided by operating activities (946,027)us-gaap_NetCashProvidedByUsedInOperatingActivities 394,149us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Purchase of property and equipment (664,780)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (37,156)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of asset 255,000us-gaap_ProceedsFromSalesOfAssetsInvestingActivities  
Net cash used in investing activities (409,780)us-gaap_NetCashProvidedByUsedInInvestingActivities (37,156)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Payments of capital leases (275,993)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (230,022)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations
Payments on long-term debt (495,987)us-gaap_RepaymentsOfLongTermDebt (683,358)us-gaap_RepaymentsOfLongTermDebt
Net cash used in financing activities (771,980)us-gaap_NetCashProvidedByUsedInFinancingActivities (913,380)us-gaap_NetCashProvidedByUsedInFinancingActivities
Change in cash and cash equivalents prior to effects of foreign currency exchange rate on cash (2,127,787)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect (556,387)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
Effect of foreign currency exchange rate on cash (77,441)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 12,082us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net decrease in cash and cash equivalents (2,205,228)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (544,305)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 17,041,050us-gaap_CashAndCashEquivalentsAtCarryingValue 6,330,532us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 14,835,822us-gaap_CashAndCashEquivalentsAtCarryingValue 5,786,227us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest 95,245us-gaap_InterestPaid 163,304us-gaap_InterestPaid
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Warrant exercise   $ 174,891meet_NoncashTransactionsWarrantExercise