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, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (578,679) $ (11,194)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,415 7,837
Stock option compensation 5,521 23,882
Changes in operating assets and liabilities:    
Accounts receivable (737,227) (547,145)
Contract assets (498,681) (1,938)
Prepaid expenses and other current assets (210,460) (97,637)
Accounts payable 1,149,673 384,115
Commissions payable (319,805) (125,019)
Contract liabilities 167,810 66,593
Accrued payroll and related liabilities and other accrued liabilities 153,619 (374,957)
Net cash used in operating activities (863,814) (675,463)
Cash flows from investing activities    
Acquisition of property and equipment (7,333) (4,075)
Payments received on notes receivable 1,719
Net cash used in investing activities (7,333) (2,356)
Cash flows from financing activities    
Issuance of stock from exercise of options 1,000
Net cash provided by financing activities 1,000
Net decrease in cash and cash equivalents (870,147) (677,819)
Cash and cash equivalents, beginning of the period 1,963,956 2,731,510
Cash and cash equivalents, end of the period 1,093,809 2,053,691
Supplemental cash flow Information    
Interest paid
Income taxes paid