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, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (190,853) $ (33,276)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,366 2,946
Stock option compensation 4,454 6,288
Changes in operating assets and liabilities    
Accounts receivable and contract assets (105,655) (70,748)
Prepaid expenses and other current assets 180,851 146,267
Accounts payable 234,757 28,743
Contract liabilities (137,828) (148,960)
Commissions payable (132,609) (53,024)
Accrued payroll and related liabilities and other accrued liabilities (15,239) (371,775)
Net cash used in operating activities (160,756) (493,539)
Cash flows from investing activities:    
Acquisition of property and equipment 0 (2,753)
Payments received on notes receivable 0 1,719
Net cash used in investing activities 0 (1,034)
Net decrease in cash and cash equivalents (160,756) (494,573)
Cash and cash equivalents, beginning of the period 1,963,956 2,731,510
Cash and cash equivalents, end of the period 1,803,200 2,236,937
Supplemental cash flow information    
Interest paid 0 0
Income taxes paid $ 0 $ 0