v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (1,470,838) $ (1,304,691)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 229,331 172,775
Bad debt expense 4,050 19,141
Amortization of debt discounts 119,115 0
Change in fair value of derivative liabilities (101,381) 0
Stock based compensation 487,995 168,897
Common stock issued for services rendered 155,094 128,401
Changes in operating assets and liabilities:    
Accounts receivable (32,404) 68,637
Inventory 38 0
Prepaid expenses and other current assets (25,105) 2,444
Accounts payable 54,971 83,539
Accrued expenses 12,803 (129,486)
Deferred revenue 0 (1,100)
Deferred rent (836) 0
Net cash used in operating activities (567,167) (791,443)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of fixed assets 0 (6,506)
Software development costs (213,582) (150,615)
Net cash used in investing activities (213,582) (157,121)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from sale of common stock and warrants 1,373,829 0
Deferred offering costs 0 (79,912)
Repayments of convertible notes payable (300,000) 0
Net cash provided (used) by financing activities 1,073,829 (79,912)
Net increase (decrease) in cash 293,080 (1,028,476)
Cash at beginning of period 730,482 1,103,201
Cash at end of period 1,023,562 74,725
SUPPLEMENTAL INFORMATION    
Cash paid for interest 4,199 1,473
Cash paid for income taxes
Non-cash investing and financing activities:    
Issuance of shares upon conversion of Series A convertible preferred stock 0 16
Reclass derivative liability to equity upon note repayment $ 69,116 $ 0