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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ 324,942 $ 493,288
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 164,920 306,928
Bad debt expense 32,015 35,228
Deferred income taxes (656) 56,015
Stock-based compensation expense 146,248 167,078
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable (47,159) (257,614)
Decrease (increase) in deposits and prepaid assets (71,734) (32,324)
Increase (decrease) in accounts payable (31,737) 167,617
Increase (decrease) in accrued expenses 114,242 (484,962)
Increase (decrease) in deferred revenue 15,691 50,063
Net cash provided by operating activities 646,772 501,317
Cash flows from investing activities:    
Capitalized software (290,037) (347,364)
Purchase of fixed assets (2,467) (30,628)
Net cash used in investing activities (292,504) (377,992)
Cash flows from financing activities:    
Proceeds from exercise of stock options, net of income taxes 26,690 7,094
Payment of dividend (145,206) (83,551)
Net cash used in financing activities (118,516) (76,457)
Net change in cash 235,752 46,868
Cash - beginning 5,338,978 4,215,145
Currency translation adjustment 14,565 14,713
Cash - ending 5,589,295 4,276,726
Supplemental disclosures:    
Cash paid for income taxes 37,325 120,250
Non-cash activities:    
Stock-based compensation - capitalized software $ 75,936 $ 179,200