Re: Yes - 10Q IS OUT ! 02/15/2015
in response to
by
posted on
Feb 17, 2015 05:42PM
That is the Cash Flow Statement. With-in the Income for Period ($133,324) there was an expense for Stock-based comp. of $37,587 which is a non cash expense. Therefore the company gets to add that amount back to cash available for use. It's just like the depreciation they added back.
The Stock based Comp. was most likley stock that was given to Pat Nulley for services rendered.