XML 26 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Statement of Cash Flows [Abstract]    
Net income $ 204,825 $ 157,361
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,116 658
Stock-based compensation 30,028 87,394
Allowance for refunds and chargebacks 1,089 3,511
Deferred Income Taxes 52,436 (17,992)
Changes in assets and liabilities:    
Accounts receivable (46,655) 4,053
Other assets (9,087) (36,259)
Income taxes payable (283,346) (100,306)
Accrued expenses and other (89,977) (99,797)
Deferred revenue 22,713 21,425
Net cash provided by operating activities (115,858) 20,048
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of offering costs    96,816
Net cash provided by financing activities    96,816
Change in cash and cash equivalents (115,858) 116,864
Cash and cash equivalents, beginning of period 1,978,809 591,063
Cash and cash equivalents, end of period 1,862,951 707,927
Supplemental cash flow disclosures:    
Cash paid for income taxes $ 348,122 $ 279,362