SilverSun Technologies, Inc. SSNT Cash Flow

Silversun technologies, inc. (SSNT)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net (loss) income
-292,115	-967,761	7,668,841	-2,890	96,036	15,895	170,932	17,218	58,387	-1,078,639	317,823	120,494	153,853	63,596	2,751,406	547,120	74,277	-207,927	16,464	44,601	521,167	-235,895	248,165	59,890	120,741	227,052	-82,219	62,185	115,530	-295,756	102,808	-334,222	-708,000	-95,112	-14,141	2,352,531	465,653
Income from discontinued operations
0	-	-	-	328,060	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from continuing operations
-292,115	-	-	-	-232,024	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Deferred income taxes
263,000	529,006	-50,000	0	-24,000	358,212	-49,000	-7,000	-21,000	-696,902	-172,358	-62,642	-120,000	0	1,863,902	360,500	-9,500	-9,500	-9,500	-9,500	190,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,964	19,926	24,110	-120,000	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
84,563	85,369	91,622	86,726	74,386	87,281	91,260	76,606	71,138	74,970	63,400	61,006	55,986	57,809	58,222	58,478	57,807	48,670	38,920	39,800	38,207	35,617	28,196	28,156	28,330	33,956	23,000	21,021	27,353	30,261	16,324	26,452	19,000	22,151	22,548	26,124	26,188
Amortization of intangibles
91,973	95,760	16,664	169,666	99,843	10,768	142,425	97,437	71,496	79,863	82,185	88,036	114,850	113,086	113,086	113,086	113,086	19,485	145,708	80,553	73,749	66,901	66,902	61,069	49,402	49,402	49,402	49,402	48,427	-	-	-	-	-	-	-	-
Amortization of right of use assets
117,663	-	-	-	67,682	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of right of use assets
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative liability in excess of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54,000
Gain on revaluation of derivative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	45,247	316,788
Amortization of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	250	4,000	12,751	12,750	35,636	8,500
Bad debt expense
5,574	35,455	72,357	31,458	0	80,050	0	0	15,974	24,486	0	19,661	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation
3,399	3,400	3,399	3,397	6,714	6,715	6,713	6,139	8,433	8,433	8,433	8,433	8,966	14,144	4,747	11,952	11,952	11,908	-11,985	10,532	30,405	11,092	56,092	51,785	11,284	-	-	-	-	-	-	-	-	-	-	-	-
Common stock for services
-	-	-	-	-	-	-	0	45,306	0	0	0	47,500	0	0	0	0	-	-	-	-	3	31,000	17,525	20,975	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,404	4,404	4,404	-	4,404	408,450	719,000	-	-	-	-
Common stock for services
-	-	-	-	-	-	-	-	-	0	0	0	19,923	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,830	0	-	-	-	-
Changes in assets and liabilities:
Common stock issued in exchange for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	15,000	0	5,000	-	-	-	-
Stock warrants issued in exchange for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,512	-	-	-	-	-	-	-	-
Return of shares for services not rendered
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	130,000	0	0	-65,000
Accounts receivable
423,476	-289,922	26,778	49,116	819,639	177,508	-777,350	-166,264	704,358	-689,055	505,588	297,489	-235,015	-84,918	-351,452	361,128	99,562	151,228	220,131	-308,883	207,182	218,026	138,496	201,104	9,832	401,297	-64,770	47,541	-318,604	-119,225	378,482	125,058	283,000	-169,032	319,532	50,367	191,070
Unbilled services
271,762	-220,109	-249,670	258,822	227,845	-389,469	81,418	-141,598	278,755	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled services
-	-	-	-	-	-	-	-	-	-	260,059	-217,523	243,454	-415,995	367,732	-166,857	-62,860	-199,508	84,473	328,154	288,055	-258,000	248,000	125,000	25,000	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
-72,688	71,451	-31,182	-68,032	49,470	130,928	-78,106	36,759	-12,722	-155,061	117,436	106,448	3,994	45,426	-37,216	16,555	-137,290	-76,670	123,475	77,435	11,278	63,357	-223,470	224,139	62,477	-12,167	-118,854	44,396	24,381	-19,719	47,248	25,231	-75,000	33,694	-17,707	-2,138	-35,231
Deposits and other assets
0	150,426	-700	700	1,942	-1,144	0	-2,613	0	2,982	-2	-8,908	13,353	-680	-2,203	1,881	0	-1,870	1,499	-2,728	2,263	150	916	2,823	0	679	-907	909	159	-15,481	858	-11,302	-10,000	-	-	-	-
Accounts payable
-409,953	30,715	477,377	-353,693	28,001	152,155	229,996	-643,623	195,394	128,512	503,037	-63,882	-295,441	-395,096	627,839	-54,925	50,152	33,484	48,810	-376,868	119,279	248,516	-360,363	407,700	-62,031	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-127,360	-28,976	276,352	228,881	-709,065	380,468	211,259	35,688	-159,005	179,113	38,464	168,970	-138,623	-35,559	115,315	41,060	-118,811	313,149	-61,605	-120,503	-103,612	-292,189	675,067	-380,028	135,586	-	-	-	-	-	-	-	-	-	-	-	-
Income tax payable
173,000	207,374	-78,337	0	3,313	-44,343	20,000	-55,709	2,955	-128,046	41,799	825	5,053	14,637	-415,612	276,809	51,348	-22,507	-34,987	16,695	215,083	76,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses and due to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	433,249	-362,608	-224,415	312,527	464,588	22	-84,000	216,008	10,879	-143,065	278,927
Accrued interest
187	190	189	187	184	65	-1,501	2,002	184	189	189	187	185	973	-2,422	321	1,844	304	318	-288	-232	23	2,152	-480	-271	81	367	191	230	-461	15	2,193	3,000	-8,590	412	11,527	22,580
Deferred revenues
1,059,617	29,544	-403,435	369,199	625,057	-285,299	-695,431	90,238	522,524	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease obligations
117,663	72,054	364	72,060	67,682	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities of continuing operations
-296,665	-	-	-	-1,178,487	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Due to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,630	1,235	24,193	23,902
Deferred revenues
-	-	-	-	-	-	-	-	-	-	71,687	365,831	67,051	-11,788	-80,946	-304,182	-282,936	-216,063	-80,646	135,815	255,990	122,262	14,100	193,387	169,810	-27,644	74,389	134,152	176,858	-126,649	-32,489	7,554	194,000	-220,917	426,677	-94,971	418,942
Net cash used in operating activities
-	-	-	-	-	-	-	-93,288	-116,605	1,104,317	416,294	654,697	133,517	277,969	1,271,035	176,349	68,807	232,823	-339,081	-217,841	450,758	82,125	604,333	-94,136	400,627	-121,007	575,123	-184,083	470,963	239,340	211,621	-12,158	-46,000	129,746	179,535	-164,440	761,065
Cash flows from investing activities:
Purchase of property and equipment
47,012	45,451	1,528	21,300	2,393	45,757	67,502	16,408	16,334	85,934	0	90,368	64,928	7,975	25,233	2,363	149,231	24,682	17,932	0	24,869	70,772	0	10,344	0	-1,011	2,196	6,114	23,065	47,742	2,343	5,734	48,000	-31,095	42,186	10,645	18,917
Acquisition of customer list
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	94,597	31,661	31,000	-	-	-	-
Acquisition of business
0	0	0	0	60,000	0	0	300,000	0	-	-	-	-	-	-	-	-	146,422	483,471	0	80,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Software development costs
0	0	-92,630	98,350	76,010	88,815	-166,981	155,588	174,399	112,719	106,944	165,946	128,671	178,872	47,905	42,637	42,503	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Escrow accounts receivable
575,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities of continuing operations
527,988	-	-	-	-138,403	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-471,996	-190,733	-198,653	-166,944	-256,314	-193,599	-186,847	-73,138	-45,000	-191,734	-37,104	-501,403	0	-104,869	-142,647	0	-10,344	0	1,011	-2,196	-6,114	-23,065	-89,075	-96,940	-479,359	-79,000	31,095	-42,186	-10,645	-18,917
Cash flows from financing activities:
Payment of cash dividend
2,250,636	0	0	0	225,038	0	0	0	0	179,631	0	89,817	89,566	0	0	0	264,699	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of contingent consideration
0	-	-	-	-14,194	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock and warrants, net of fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	812,023	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payment of contingent consideration
-	-	-	-	-	-	-	8,837	24,912	49,574	20,349	28,333	7,823	65,276	56,375	34,025	33,257	49,980	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of bank line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	178,633	-	0	0	0	-	-	-	-
Payment of long term debt
45,937	-157,602	113,445	192,477	58,440	-17,868	115,209	48,200	67,766	77,300	76,879	76,458	76,041	75,625	75,213	74,802	74,393	69,441	59,964	82,556	62,360	41,360	80,353	48,305	41,995	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,250	0	0	-	-	-	-	-	-	-	-
Proceeds from convertible promissory note related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	51,000
Payment of long term convertible debt
68,759	-	-	-	67,397	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	530,000	205,000
Payment of finance lease obligations
43,209	40,475	45,188	34,140	24,399	34,422	38,462	30,718	28,160	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payment under capital lease obligations
-	-	-	-	-	-	-	-	-	28,022	26,963	25,653	26,608	39,591	27,419	24,629	24,501	22,389	22,904	21,228	19,508	19,554	12,748	15,583	14,615	13,887	13,242	13,538	12,440	15,693	13,521	11,033	9,000	44,543	-28,884	5,692	5,524
Net cash used in financing activities of continuing operations
-2,408,541	-154,495	-158,633	-167,574	-389,468	-169,081	-187,833	-87,755	-120,838	-334,527	-124,191	-220,261	-200,038	-180,492	-158,907	-133,456	-396,850	-141,810	-82,868	-103,784	730,155	-80,914	-93,101	-63,888	-56,610	-55,120	307,508	-13,538	-191,073	-247,122	-190,337	568,791	-9,000	-514,543	-26,116	-35,692	-159,524
Cash flows from discontinued operations
Operating activities of discontinued operations
0	-	-	-	520,820	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investing activities of discontinued operations
0	-	-	-	-62,203	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by discontinued operations
0	-	-	-	458,617	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash
-2,177,218	-	-	-	-1,247,741	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash
-	-	-	-	-	-	-	-653,039	-428,176	571,137	125,159	178,122	-260,120	-89,370	1,038,990	-2,107	-519,777	53,909	-923,352	-321,625	1,076,044	-141,436	511,232	-168,368	344,017	-175,116	880,435	-203,735	256,825	-96,857	-75,656	77,274	-134,000	-353,702	111,233	-210,777	582,624
Cash paid during period for:
Interest
8,487	-18,968	18,171	24,315	16,296	11,729	16,590	8,513	6,505	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	8,810	8,276	13,670	10,975	22,415	17,402	18,029	14,803	14,604	13,143	11,389	23,417	20,471	4,503	18,609	20,795	13,730	16,000	37,286	0	29,490	0	6,750	8,395	0	0
Income taxes
25,250	1,906,481	0	901	0	160,646	0	56,564	0	115,312	54,565	164,696	825	39,548	17,477	3,011	40,849	4,691	83,041	-22,136	22,136	4,389	66,299	-27,733	27,733	28,596	0	0	0	0	0	0	0	0	0	0	0