Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS (Unaudited)

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STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (31,616) $ (210,270)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 5,519 7,779
Stock-based compensation (353) 666
Changes in operating assets and liabilities    
Accounts receivable 101,983 588,120
Prepaid expenses and other current assets 230,420 184,925
Accounts payable 185,937 29,137
Accrued payroll and related liabilities, and other (336,805) (56,516)
Commissions payable (249,903) (101,487)
Deferred revenue (36,500) (212,438)
Net cash (used in) provided by operating activities (131,318) 229,916
Cash flows from investing activities:    
Acquisition of property and equipment 0 (7,158)
Increase in notes receivable - employees (2,500) (5,768)
Payments received on notes receivable - employees 968 280
Net cash used in investing activities (1,532) (12,646)
Net (decrease) increase in cash and cash equivalents (132,850) 217,270
Cash and cash equivalents, beginning of the period 1,895,372 2,167,928
Cash and cash equivalents, end of the period 1,762,522 2,385,198
Supplemental cash flow information    
Interest paid 0 0
Income taxes paid $ 0 $ 0