XML 59 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (423,300) $ 438,600
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 523,400 512,300
Provision for doubtful accounts (40,200) (9,700)
Interest accrued on related party debt 45,100 45,400
(Profit) on sale of assets    (9,400)
Changes in:    
Accounts receivable 660,400 152,800
Inventories (32,900) (33,300)
Prepaid expenses (233,900) (184,400)
Deposits and other assets (77,600) (62,900)
Accounts payable (346,700) (1,242,500)
Accrued liabilities (119,100) 250,600
Net cash used in operating activities (44,800) (142,500)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (451,500) (303,100)
Proceeds from sale of fixed assets    12,200
Net cash used in investing activities (451,500) (290,900)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowing on line of credit 78,000 419,300
Borrowing on long-term debt 539,700 184,700
Repayment on long-term debt (256,800) (306,400)
Payments on obligations under long term leases (3,100) (36,100)
Net cash provided by financing activities 357,800 261,500
EFFECT OF EXCHANGE RATE CHANGES ON CASH 36,900 (6,300)
NET CHANGE IN CASH (101,600) (178,200)
CASH, beginning of period 198,500 312,200
CASH, end of period 96,900 134,000
Cash paid during the period for:    
Income taxes 5,000 800
Interest $ 186,200 $ 179,700