Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CASH FLOWS

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STATEMENTS OF CASH FLOWS (USD $)
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net Income $ 100,423 $ 153,401
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 27,464 19,464
Stock option compensation 7,047 6,706
Bad debt expense 1,401 52,376
Changes in operating assets and liabilities    
Accounts receivable 2,150,213 (2,170,220)
Prepaid expenses and other current assets 595,884 (216,342)
Accounts payable and accrued expenses (923,578) 962,494
Deferred revenue (719,359) 287,192
Commissions payable 126,635 232,739
Income taxes payable (2,800) 2,800
Net cash provided by (used in)operating activities 1,363,330 (669,390)
Cash flows from investing activities:    
Acquisition of furniture and equipment (26,250) (24,199)
Payments received on note receivable - employees 14,660 6,438
Increase in note receivable - employees (10,000)   
Net cash used in investing activities (21,590) (17,761)
Cash flows from financing activities:    
Proceeds from exercise of stock options 350   
Net cash provided by financing activities 350   
Net increase (decrease) in cash and cash equivalents 1,342,090 (687,151)
Cash and cash equivalents, beginning of the period 1,280,926 1,968,077
Cash and cash equivalents, end of the period 2,623,016 1,280,926
Supplemental cash flow information    
Interest paid      
Income taxes paid $ 2,800