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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities:    
Net income $ 374,274 $ 626,310
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Settlement of tax liability 0 (406,453)
Depreciation and amortization 540,562 370,883
Stock based compensation 359,338 51,924
Amortization of financing fees 6,400 9,533
Adjustment of European liabilities related to discontinued operations (5,144) (20,461)
Recovery of doubtful accounts (464) (80)
Change in operating assets and liabilities:    
Accounts receivable and unbilled revenue 1,944,137 (2,287,739)
Prepaid expenses and other assets 64,747 57,613
Accounts payable (2,411,075) 1,307,931
Accrued expenses and other liabilities (299,033) (837,934)
Other, net 0 11,801
Net cash provided by (used in) operating activities 573,742 (1,116,672)
Investing activities:    
Purchases of equipment and capitalized development costs (372,598) (239,427)
Net cash used in investing activities (372,598) (239,427)
Financing activities:    
Payments on term note payable and capital leases (12,859) (183,725)
Net taxes paid on RSU grants exercised (11,952) (251,084)
Net cash used in financing activities (24,811) (434,809)
Net change – cash 176,333 (1,790,908)
Cash, beginning of year 4,257,204 3,714,525
Cash, end of period 4,433,537 1,923,617
Supplemental information:    
Interest paid 18,063 37,075
Income taxes paid $ 0 $ 97,483