General form of registration statement for all companies including face-amount certificate companies

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 9 Months Ended 12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net loss $ (3,616,179) $ (1,795,789) $ (2,026,437) $ (1,884,794) $ (563,981)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:          
Depreciation and amortization 194,260 150,751 203,775 158,286 88,656
Provision (recovery) for losses on accounts receivable (34,700) 0 57,600 20,600 6,658
Provision (recovery) for inventory reserve 0 5,800 (26,800) 3,300 (66,500)
Stock-based compensation (8,105) 232,828 195,545 444,374 197,086
Non-cash interest expense 0 6,100      
Changes in operating assets and liabilities          
Short-term investments (202) (4,497) (4,776) (3,428) 0
Accounts receivable 433,931 (538,435) (1,358,611) 368,491 331,581
Inventory (961,185) (1,483,876) (760,836) (1,247,871) 154,351
Unbilled revenue (140,081) 0      
Due from related party 55,837 (141,725) 243,902 (201,509) (98,230)
Prepaid expenses and other current assets (127,673) (332,751) (290,130) (27,613) 6,465
Other assets (33,000) 0 (4,000) 0 (2,481)
Increase (decrease) in:          
Accounts payable 1,746,631 93,426 338,796 106,808 417,376
Accrued expenses 283,355 (123,372) 80,459 (95,462) (22,138)
Deferred revenue 270,954 329,771 127,523 (18,137) (76,439)
Due to related party 396,328 0 0 0 (4,133)
Interest payable, related party 72,553 47,306 71,208 (32,665) (26,401)
Net cash provided by (used in) operating activities (1,467,276) (3,554,463) (3,152,782) (2,409,620) 341,870
CASH FLOWS FROM INVESTING ACTIVITIES:          
Purchases of property and equipment (163,824) (172,587) (219,711) (115,186) (195,955)
Purchases of intangible assets (332,862) (92,965) (164,296) (38,747) (113,499)
Cash paid for asset acquisition (497,800) 0      
Purchases of short-term investments 0 506,345 0 (680,000) 0
Sale of short-term investments 182,061 0 506,345 85,000 679,747
Net cash provided by (used in) investing activities (812,425) 240,793 122,338 (748,933) 370,293
CASH FLOWS FROM FINANCING ACTIVITIES:          
Payments from issuance of receivable from shareholder     0 0 (345,000)
Payments made on demand notes payable, related party     0 0 (422,568)
Proceeds from payments on receivable from shareholder     105,000 0 0
Proceeds from issuance of demand notes payable 1,200,000 0 300,000 750,000 0
Proceeds from sale of common stock, net of costs     680,000 3,610,993 1,211,249
Proceeds from issuance of restricted stock 0 480,000 0 453 49,895
Purchase of stock options     0 (12,500) 0
Purchase of unvested restricted stock (350) 0 (337) 0 0
Proceeds from exercise of warrants     0 0 142,500
Proceeds from sale of subsidiary common stock 0 500,000 500,000 0 0
Net cash provided by (used in) financing activities 1,199,650 980,000 1,584,663 4,348,946 636,076
Net increase (decrease) in cash and cash equivalents (1,080,051) (2,333,670) (1,445,781) 1,190,393 1,348,239
Cash and cash equivalents, beginning of the period 1,572,785 3,018,566 3,018,566 1,828,173 479,934
Cash and cash equivalents, end of the period 492,734 684,896 1,572,785 3,018,566 1,828,173
Cash paid for asset acquisition:          
Inventory 17,400 0      
Property and equipment 199,530 0      
Intangible assets 240,000 0      
Goodwill 40,870 0      
Non-cash investing and financing activities:          
Conversion of redeemable common stock to common stock     0 500,000 0
Conversion of accrued convertible debenture interest to common stock     6,100 72,959 0
Conversion of related party notes to common stock     100,000 0 0
Settlement of shareholder receivable     240,000 0 0
Interest paid $ 7,235 $ 0 $ 0 $ 0 $ 63,139