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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net (loss) income $ (200,554) $ 1,071,318
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Settlement of tax liability 0 (406,453)
Depreciation and amortization 1,102,056 843,085
Stock based compensation 686,448 134,674
Amortization of financing fees 12,800 10,178
Adjustment of European liabilities related to discontinued operations (5,144) (11,405)
Recovery of doubtful accounts (757) (13,036)
Change in operating assets and liabilities:    
Accounts receivable and unbilled revenue 1,693,820 (1,235,153)
Prepaid expenses and other assets 115,733 4,901
Accounts payable (2,658,571) 2,665,878
Accrued expenses and other liabilities (294,928) 3,607
Net cash provided by operating activities 450,903 3,067,594
Investing activities:    
Purchases of equipment and capitalized development costs (695,484) (577,140)
Net cash used in investing activities (695,484) (577,140)
Financing activities:    
Proceeds from revolving line of credit 3,750,000 0
Payments on revolving line of credit (3,750,000) (1,793,275)
Payments on term note payable and capital leases (25,878) (381,282)
Net taxes paid on RSU grants exercised (11,952) (251,083)
Net cash used in financing activities (37,830) (2,425,640)
Net change – cash (282,411) 64,814
Cash, beginning of year 4,257,204 3,714,525
Cash, end of period 3,974,793 3,779,339
Supplemental information:    
Interest paid 34,529 71,759
Income taxes paid 10,000 97,483
Non-cash investing and financing activities:    
Purchase of property and equipment under capital lease 0 103,609
Purchase of intangible assets through a contingent liability 0 715,874
Stock issuance for partial settlement of contingent liability 300,001 0
Write-down of domain names due to partial settlement of contingent liability $ 46,367 $ 0