Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income (loss) $ (806,000) $ (1,472,700)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Provision for doubtful accounts receivable 65,300 (17,200)
Depreciation and amortization 380,100 293,300
Stock-based compensation expense 72,500 148,600
Non-cash expense for interest, warrants - accretion of debt discount 99,500  
Gain on disposition of assets (25,600)  
Changes in operating assets and liabilities:    
Accounts receivable 148,200 1,435,500
Costs in Excess of billings on uncompleted contracts 114,700 (124,300)
Prepaid expenses and other assets (95,900) 176,400
Accounts payable and accrued liabilities (361,400) (331,100)
Billings in excess of revenue on uncompleted contracts 362,900 157,900
Deferred revenue (22,200) 376,500
Payroll taxes payable 11,400 11,400
Net cash (used in) provided by operating activities (56,500) 654,300
Cash flows from investing activities:    
Insurance proceeds from property damage 59,000  
Purchase of property and equipment (156,100) (350,800)
Purchase of intangibles (28,100) (26,300)
Net cash used in investing activities (125,200) (377,100)
Cash flows from financing activities:    
Payments of notes and capital lease obligations (455,200) (242,800)
Payments of related party notes payable and accrued interest (20,000) (25,500)
Proceeds from short term financing 200,000  
Proceeds from exercise of warrants 25,000  
Proceeds from warrant extensions 29,900  
Proceeds from the sale of common stock and warrants, net of expenses 400,000  
Net cash provided by (used in) financing activities 179,700 (268,300)
Net increase (decrease) in cash (2,000) 8,900
Cash at the beginning of period 257,100 443,000
Cash at the end of period 255,100 451,900
Supplemental disclosures of cash flow information:    
Cash paid for interest 98,000 46,600
Conversion of debt and accrued interest to equity   257,400
Financing of prepaid insurance premiums 278,600 273,900
Capital lease additions   $ 214,400
Issuance of common stock for other asset $ 720,000