Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows

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Statements of Cash Flows (USD $)
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net loss $ (22,550) $ (9,095)
Depreciation and amortization 6,633 4,700
Stock option compensation 1,576 3,384
Bad debt expense 1,020 0
Changes in operating assets and liabilities    
Accounts receivable 2,185,832 (226,970)
Other receivables and prepaid expenses 213,740 137,104
Accounts payable and accrued expenses (971,400) 20,372
Deferred revenue (305,461) (102,682)
Commissions payable 22,166 55,510
Net cash provided by (used in)operating activities 1,131,556 (117,677)
Cash flows from investing activities:    
Net cash used in investing activities 0 0
Cash flows from financing activities:    
Proceeds from note receivable 1,645 1,588
Net cash provided by financing activities 1,645 1,588
Net increase (decrease) in cash and cash equivalents 1,133,201 (116,089)
Cash and cash equivalents, beginning of the period 1,280,926 1,968,077
Cash and cash equivalents, end of the period 2,414,127 1,851,988
Supplemental cash flow information    
Interest paid 0 0
Income taxes paid $ 2,800 $ 0