XML 18 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 817 $ 850
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 350 637
Bad debt expense 87 88
Deferred income taxes (5) 75
Stock-based compensation expense 260 337
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable (116) (133)
Decrease (increase) in deposits and prepaid assets (171) (151)
Increase (decrease) in accounts payable 293 (80)
Increase (decrease) in accrued expenses (255) (343)
Increase (decrease) in deferred revenue 197 206
Net cash provided by operating activities 1,457 1,486
Cash flows from investing activities:    
Capitalized software (624) (518)
Purchase of fixed assets (6) (45)
Net cash used in investing activities (630) (563)
Cash flows from financing activities:    
Proceeds from exercise of stock options, net of income taxes 214 32
Payment of dividend (291) (167)
Net cash used in financing activities (77) (135)
Net change in cash 750 788
Cash - beginning 5,339 4,215
Currency translation adjustment 36 (13)
Cash - ending 6,125 4,990
Supplemental disclosures:    
Cash paid for income taxes 437 263
Non-cash activities:    
Stock-based compensation - capitalized software $ 56 $ 268