XML 41 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities    
Net loss $ (61,400) $ (37,500)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization 3,900 2,900
Accretion of interest - convertible debentures 21,000 3,400
Net loss adjusted for non-cash operating activities (36,500) (31,200)
(Increase) decrease in assets    
Accounts receivable 137,900 51,800
Inventory 14,800 (19,000)
Prepaid and other 11,500 21,400
Increase (decrease) in liabilities    
Accounts payable and accrued expenses 72,100 26,300
Deferred revenue (24,100) 9,300
Total increase in operating capital 212,200 89,800
Net cash provided by operating activities 175,700 58,600
Investing Activities    
Additions to fixed assets (8,900) (20,000)
Net cash used in investing activities $ (8,900) (20,000)
Financing Activities    
Repayment of borrowings under promissory note (18,800)
Repayment of demand loans $ (30,000) (5,000)
Proceeds from convertible debenture $ 5,000
Repayment of convertible debenture $ (10,000)
Net cash used in financing activities (40,000) $ (18,800)
Increase in cash 126,800 19,800
Cash at beginning of year 28,000 52,900
Cash at end of period 154,800 72,700
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest 1,400 300
Write-off of fully depreciated leasehold improvements and furniture fixtures and equipment    
Accumulated depreciation and amortization $ (8,800) (82,900)
Leasehold improvements 72,500
Furniture, fixtures and equipment $ 8,800 10,400
Conversion of demand loans and interest to convertible debentures    
Demand loans (24,500)
Accrued expenses (3,800)
Convertible debentures 26,400
Paid-in capital $ 1,900