v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net loss $ (503,258) $ (521,730)
Earnings from discontinued operations 0 (27,817)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 29,151 39,423
Stock-based compensation expense 56,500 87,517
Changes in assets and liabilities:    
Accounts receivable 497,208 418,593
Prepaid expenses and other current assets 3,942 52,504
Accounts payable and accrued expenses 68,481 (97,883)
Accrued compensation and related taxes (168,247) (62,290)
Net cash used in operating activities of continuing operations (16,223) (111,683)
Operating activities of discontinued operations 0 557,457
Net cash (used in) provided by operating activities (16,223) 445,774
Cash flows from investing activities:    
Proceeds from note receivable 90,000 75,000
Capital expenditures (28,087) (27,387)
Net cash provided by investing activities 61,913 47,613
Cash flows from financing activities:    
Proceeds from stock issuance 0 296,487
Payment of capital leases payable 0 (7,801)
Net cash provided by financing activities 0 288,686
Net increase in cash and cash equivalents 45,690 782,073
Cash and cash equivalents - beginning of period 3,107,253 2,579,249
Cash and cash equivalents - end of period 3,152,943 3,361,322
Supplemental disclosure of cash flow information:    
Interest $ 0 $ 184