(297,379)Adjustments to reconcile net earnings (loss) to net cash
(used in) provided by operating activities:Loss on disposal of fixed assets-4,308Long-term lease incentive-(48,842)Depreciation and amortization2,550,7782,039,232Share-based compensation414,486204,259Changes in assets and liabilities:Accounts and contract receivables(107,249)1,704Other current assets180,8744,950Accounts payable and accrued expenses(405,364)(231,355)Deferred revenues(918,608)(1,859,963)Net cash provided by (used in) operating activities557,169(183,086)Investing activities:Purchases of property and equipment(447,470)(464,395)Capitalization of software development costs(1,942,000)(2,879,000)Other 6,78524,805Net cash used in investing activities(2,382,685)(3,318,590)Financing activities:Proceeds from stock purchase plan and exercise of stock options 135,34165,900Proceeds from municipal incentive agreement8,172-Net change in bank line of credit1,500,0001,100,000Payments on capital lease(177,698)-Net cash provided by financing activities1,465,8151,165,900Decrease in cash and cash equivalents (359,701)(2,335,776)Cash and cash equivalents at beginning of period1,025,1733,128,801Cash and cash equivalents at end of period
793,025Supplemental cash flow disclosures:Interest paid$
24,899Income taxes paid
10,584STREAMLINE HEALTH SOLUTIONS, INC.
Table ABacklog (in thousands)October 31,2010July 31,2010January 31,2010October 31,2009Streamline Health software licenses
2981742012,036Custom software4262105140Hardware and third party software17695171268Professional services3,2933,9813,9773,156Application-hosting services8,0688,818
|SOURCE Streamline Health Solutions, Inc.|
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