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, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net loss $ 167,386 $ (413,265)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 13,670 22,044
Stock-based compensation, net of forfeitures 6,618 8,329
Bad debts 0 13,781
Changes in operating assets and liabilities    
Accounts receivable (651,813) (9,265)
Prepaid expenses and other current assets 170,033 105,775
Accounts payable, accrued payroll and related liabilities, and other accrued liabilities 1,210,549 1,086,156
Deferred revenue (165,569) (117,248)
Commissions payable (95,668) (51,528)
Net cash provided by operating activities 655,206 644,779
Cash flows from investing activities:    
Acquisition of property and equipment 0 (11,581)
Increase in notes receivable - employees (2,500) (5,768)
Payments received on notes receivable - employees 2,641 2,179
Net cash provided by (used in) investing activities 141 (15,170)
Net increase in cash and cash equivalents 655,347 629,609
Cash and cash equivalents, beginning of the period 1,895,372 2,167,928
Cash and cash equivalents, end of the period 2,550,719 2,797,537
Supplemental cash flow information    
Interest paid 0 0
Income taxes paid $ 0 $ 0