Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CASH FLOWS (Unaudited)

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STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:    
Net Income $ (60,239) $ 100,423
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 25,500 27,464
Stock option compensation 18,221 7,047
Bad debt expense 760 1,401
Changes in operating assets and liabilities    
Accounts receivable (700,470) 2,150,213
Prepaid expenses and other current assets (343,586) 595,884
Accounts payable and accrued expenses 464,253 (923,578)
Deferred revenue 283,058 (719,359)
Commissions payable 96,839 126,635
Income taxes payable 0 (2,800)
Net cash (used in) provided by operating activities (215,664) 1,363,330
Cash flows from investing activities:    
Acquisition of furniture and equipment (39,161) (26,250)
Payments received on note receivable - employee 5,586 14,660
Increase in note receivable - employee (14,250) (10,000)
Net cash used in investing activities (47,825) (21,590)
Cash flows from financing activities:    
Proceeds from exercise of stock options 0 350
Net cash provided by financing activities 0 350
Net (decrease) increase in cash and cash equivalents (263,489) 1,342,090
Cash and cash equivalents, beginning of the period 2,623,016 1,280,926
Cash and cash equivalents, end of the period 2,359,527 2,623,016
Supplemental cash flow information    
Interest paid 0 0
Income taxes paid $ 0 $ 2,800