v2.3.0.15
Condensed Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Loss from continuing operations$ (549,547)$ (553,294)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:  
Depreciation and amortization39,42350,852
Stock-based compensation expense87,51712,000
Changes in assets and liabilities:  
Accounts receivable418,593230,234
Prepaid expenses and other current assets52,504(53,315)
Accounts payable and accrued expenses(97,883)(32,552)
Accrued compensation and related taxes(62,290)(61,655)
Net cash used in operating activities of continuing operations(111,683)(407,730)
Operating activities of discontinued operations557,457(162,136)
Net cash provided by (used in) operating activities445,774(569,866)
Cash flows from investing activities:  
Proceeds from note receivable75,0000
Capital expenditures(27,387)(22,445)
Net cash provided by (used in) investing activities47,613(22,445)
Cash flows from financing activities:  
Proceeds from stock issuance296,4870
Payment of capital leases payable(7,801)(10,332)
Net cash provided by (used in) financing activities288,686(10,332)
Net increase (decrease) in cash and cash equivalents782,073(602,643)
Cash and cash equivalents - beginning of period2,579,2493,440,493
Cash and cash equivalents - end of period3,361,3222,837,850
Supplemental disclosure of cash flow information:  
Interest$ 184$ 1,119