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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net (loss) $ (100,804) $ (94,998)
Adjustments to reconcile net (loss) to net cash (used in) operating activities:    
(Recoveries of previously written off) provision for doubtful accounts (14,682) 11,023
(Gain) loss on disposal of fixed assets 150 (3,359)
Depreciation of equipment and leasehold improvements 123,505 161,653
Stock-based compensation expense 116,004 162,587
Deferred income taxes 60,122 96,902
Change in cash surrender value of life insurance (133,306) (106,884)
Deferred compensation (28,047) 735
Net changes in operating assets and liabilities (see note 7) (1,066,264) (2,896,388)
Cash (used in) provided by operating activities (1,043,622) (2,662,011)
Investing activities:    
Life insurance premiums paid (129,219) (231,458)
Purchase of equipment and leasehold improvements (46,635) (180,538)
Cash (used in) investing activities (175,854) (411,996)
Financing activities:    
Net proceeds from line of credit facility 400,000 1,300,000
Cash provided by financing activities 400,000 1,300,000
Net (decrease) in cash and cash equivalents (819,476) (1,774,007)
Cash and cash equivalents at beginning of period 1,000,266 1,899,411
Cash and cash equivalents at end of period $ 180,790 $ 125,404