XML 15 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (37,857) $ (75,935)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization 20,740 25,127
Stock options compensation 8,679 14,496
Provision for uncollectible accounts receivable 2,832 8,003
Net (increase) decrease in Accounts receivable (5,059) (8,208)
Net (increase) decrease in Prepaid expenses and other current assets (12,458) 247
Net increase (decrease) in Accounts payable (10,651) (22,162)
Net increase (decrease) in Accrued and other liabilities 41,746 82,980
Net increase (decrease) in Deferred revenue 22,386 13,667
Net cash provided by operating activities 30,358 38,215
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (6,596) (15,542)
Net cash used in investing activities (6,596) (15,542)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on borrowings under notes payable - related party (23,460) (23,079)
Net cash used in financing activities (23,460) (23,079)
Net increase (decrease) in cash 302 (406)
Cash at beginning of period 16,012 14,614
Cash at end of period 16,314 14,208
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 11,649 12,028
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Amortization of increasing dividend rate preferred stock discount $ 35,304 $ 40,348