Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R6.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R5.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R1.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R9.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R4.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R2.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R8.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R3.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R14.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R18.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R23.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R16.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R25.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R26.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R17.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R22.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R27.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R28.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R12.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R20.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R21.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R15.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R11.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R24.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R13.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R10.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R19.htm
EX-31.2 - EXHIBIT 31.2 - Diligent Board Member Services, Inc.v326276_ex31-2.htm
EX-32.1 - EXHIBIT 32.1 - Diligent Board Member Services, Inc.v326276_ex32-1.htm
EX-31.1 - EXHIBIT 31.1 - Diligent Board Member Services, Inc.v326276_ex31-1.htm
EX-32.2 - EXHIBIT 32.2 - Diligent Board Member Services, Inc.v326276_ex32-2.htm
10-Q - FORM 10-Q - Diligent Board Member Services, Inc.v326276_10q.htm
XML - IDEA: XBRL DOCUMENT - Diligent Board Member Services, Inc.R29.htm
EX-10.17 - EXHIBIT 10.17 - Diligent Board Member Services, Inc.v326276_ex10-17.htm
v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 6,261,055 $ 1,146,106
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment recovery on note receivable from affiliate 0 (1,200,000)
Depreciation and amortization 833,124 366,738
Share-based compensation 1,030,336 686,813
Deferred tax benefit (293,136) 0
Other non-cash 73,487 1,119
Changes in operating assets and liabilities:    
Accounts receivable (857,719) (997,157)
Prepaid expenses and other current assets (121,948) (309,757)
Security deposits (135,728) 138,249
Accounts payable and accrued expenses, net 103,328 168,154
Income taxes payable 2,018,566 (13,108)
Deferred revenue 5,934,211 2,307,208
Net cash provided by operating activities 14,845,576 2,294,365
Cash flows from investing activities:    
Purchase of property and equipment (1,152,900) (580,437)
Net cash used in investing activities (1,152,900) (580,437)
Cash flows from financing activities:    
Payment of preferred stock dividend, net of capital contribution in lieu of dividend (119,781) (159,338)
Proceeds from exercise of stock options 133,581 8,318
Proceeds from repayment of principal on note receivable from affiliate 3,071,563 4,122
Payments of obligations under capital leases (161,978) (64,175)
Payments of obligations under software licensing agreements (108,651) 0
Net cash provided by (used in) financing activities 2,814,734 (211,073)
Effect of exchange rates on cash and cash equivalents 59,131 108
Net increase in cash and cash equivalents 16,566,541 1,502,963
Cash and cash equivalents at beginning of period 8,930,695 3,212,449
Cash and cash equivalents at end of period 25,497,236 4,715,412
Supplemental disclosure of cash flow information:    
Interest 14,717 21,515
Income taxes 142,490 51,264
Supplemental disclosure of noncash investing and financing activities:    
Capital contribution in lieu of preferred stock dividend 0 200,000
Accrual of preferred stock dividend 269,504 269,504
Tender of common stock in lieu of interest payment on note receivable from affiliate 199,652 0
Property and equipment acquired under capital lease agreements $ 1,023,715 $ 0