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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 315,567 $ 362,373
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 8,544 6,907
Loss on disposal of assets 0 5,205
Noncash lease expense 65,404 60,092
Provision for deferred tax expense 0 38,359
Stock options expense 3,945 6,437
Provision for uncollectible accounts receivable 2,365 (802)
Changes in operating assets and liabilities    
Accounts receivable (6,452) 27,901
Prepaid expenses and other assets 1,245 (47,413)
Accounts payable (4,739) 45,592
Accrued and other liabilities 30,954 (4,315)
Deferred revenue 97,424 128,122
Operating lease liability (65,404) (60,092)
Net cash provided by operating activities 448,853 568,366
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid for property and equipment 0 (47,889)
Net cash used in investing activities 0 (47,889)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of options 5,383 26,173
Proceeds from exercise of warrants 0 1,150
Payment of dividends payable - preferred stock (61,826) (51,143)
Payment of dividends payable –common stock (127,941) (537,425)
Net cash used in financing activities (184,384) (561,245)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 264,469 (40,768)
Cash and cash equivalents at beginning of period 2,753,551 2,655,112
Cash and cash equivalents at end of period 3,018,020 2,614,344
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Amortization of increasing dividend rate preferred stock discount $ 0 $ 1,797