Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS (Unaudited)

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STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss $ (278,222) $ (230,830)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 22,475 23,662
Stock-based compensation 7,826 12,067
Bad debt expense 107 1,458
Forgiveness of note receivable 7,863 0
Changes in operating assets and liabilities    
Accounts receivable (18,680) 573,885
Prepaid expenses and other current assets 454,737 249,824
Accounts payable, accrued payroll and related liabilities, and other accrued liabilities 306,420 (530,377)
Commissions payable (110,481) (132,893)
Deferred revenue (457,133) (243,960)
Net cash used in operating activities (65,088) (277,164)
Cash flows from investing activities:    
Acquisition of furniture and equipment (10,727) (20,903)
Payments received on note receivable 1,135 5,296
Net cash used in investing activities (9,592) (15,607)
Net decrease in cash and cash equivalents (74,680) (292,771)
Cash and cash equivalents, beginning of the period 2,450,006 2,359,527
Cash and cash equivalents, end of the period 2,375,326 2,066,756
Supplemental cash flow information    
Interest paid 0 0
Income taxes paid $ 0 $ 0