<table>

<tbody><tr style="vertical-align: bottom">

    <td style="text-align: center; padding-left: 8.65pt; text-indent: -8.65pt; padding-bottom: 1pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td colspan="2" style="text-align: center; border-bottom: Black 1pt solid">2013</td><td style="padding-bottom: 1pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td colspan="2" style="text-align: center; border-bottom: Black 1pt solid">2012</td><td style="padding-bottom: 1pt">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="text-align: center; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td colspan="2" style="text-align: center">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td colspan="2" style="text-align: center">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Cash flows from operating activities:</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="width: 74%; text-align: left; padding-bottom: 1pt; padding-left: 17.3pt; text-indent: -8.65pt">Net income</td><td style="width: 3%; padding-bottom: 1pt">&nbsp;</td>

    <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">1,651,635</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="width: 3%; padding-bottom: 1pt">&nbsp;</td>

    <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">829,823</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 17.3pt">Adjustments to reconcile net income to net cash (used in) provided by operating activities:</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 25.95pt; text-indent: -8.65pt">Depreciation and amortization</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">426,006</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">483,906</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 25.95pt; text-indent: -8.65pt">Deferred rent amortization</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(189,042</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(140,487</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 25.95pt">Fair value adjustments to compound embedded derivatives</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(1,053,192</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">808,511</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 25.95pt; text-indent: -8.65pt">Share based compensation expense</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">198,002</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">225,729</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 25.95pt; text-indent: -8.65pt">Deferred income taxes</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">394,000</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">923,000</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 25.95pt; text-indent: -8.65pt">Changes in operating assets and liabilities:</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Accounts receivable</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(10,735,897</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(2,935,797</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Unbilled contracts in progress</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">681,052</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">623,718</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Deferred contract costs</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">74,124</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">343,065</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Prepaid expenses and other current assets</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(74,830</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">129,953</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Other assets</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(25,936</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(17,314</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Accounts payable</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">731,995</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(397,716</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Accrued compensation</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(1,336,477</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(708,367</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Accrued job costs</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">836,001</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">1,141,636</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Other accrued liabilities</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(379,988</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(567,056</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Income taxes payable</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(31,686</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">29,927</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Deferred revenue</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">3,080,234</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">(463,462</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Net cash (used in) provided by operating activities</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">(5,753,999</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">309,069</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Cash flows from investing activities:</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 17.3pt; text-indent: -8.65pt">Purchases of property and equipment</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(445,899</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(262,492</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="padding-bottom: 1pt; padding-left: 17.3pt; text-indent: -8.65pt">Investments</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">(180,000</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">—</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Net cash used in investing activities</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">(625,899</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">(262,492</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Cash flows from financing activities:</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 17.3pt; text-indent: -8.65pt">Purchase of treasury stock</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">(30,232</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">(12,203</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Net cash used in financing activities</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">(30,232</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">(12,203</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 17.3pt; text-indent: -8.65pt">Effect of exchange rate changes on cash and cash equivalents</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">64,643</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">18,962</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 34.6pt; text-indent: -8.65pt">Net (decrease) increase in cash and cash equivalents</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">(6,345,487</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">53,336</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Cash and cash equivalents at beginning of period</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">11,239,835</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="text-align: right; border-bottom: Black 1pt solid">6,660,695</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 8.65pt; text-indent: -8.65pt">Cash and cash equivalents at end of period</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 2.5pt double">$</td><td style="text-align: right; border-bottom: Black 2.5pt double">4,894,348</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 2.5pt double">$</td><td style="text-align: right; border-bottom: Black 2.5pt double">6,714,031</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td></tr>



<tr style="vertical-align: bottom">

    <td style="text-align: left; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Supplemental disclosures of cash flow information:</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 17.3pt; text-indent: -8.65pt">Interest paid during the period</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 2.5pt double">$</td><td style="text-align: right; border-bottom: Black 2.5pt double">—</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="text-align: left; border-bottom: Black 2.5pt double">$</td><td style="text-align: right; border-bottom: Black 2.5pt double">—</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="width: 74%; text-align: left; padding-bottom: 2.5pt; padding-left: 17.3pt; text-indent: -8.65pt">Income taxes paid during the period</td><td style="width: 3%; padding-bottom: 2.5pt">&nbsp;</td>

    <td style="width: 1%; text-align: left; border-bottom: Black 2.5pt double">$</td><td style="width: 8%; text-align: right; border-bottom: Black 2.5pt double">199,711</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="width: 3%; padding-bottom: 2.5pt">&nbsp;</td>

    <td style="width: 1%; text-align: left; border-bottom: Black 2.5pt double">$</td><td style="width: 8%; text-align: right; border-bottom: Black 2.5pt double">86,074</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">&nbsp;</td></tr>

</tbody></table>
<table>
<tbody><tr>
<td> </td><td> </td>
<td>2013</td><td> </td><td> </td>
<td>2012</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td>
<td> </td><td> </td></tr>
<tr>
<td>Cash flows from operating activities:</td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Net income</td><td> </td>
<td>$</td><td>1,651,635</td><td> </td><td> </td>
<td>$</td><td>829,823</td><td> </td></tr>
<tr>
<td>Adjustments to reconcile net income to net cash (used in) provided by operating activities:</td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Depreciation and amortization</td><td> </td>
<td> </td><td>426,006</td><td> </td><td> </td>
<td> </td><td>483,906</td><td> </td></tr>
<tr>
<td>Deferred rent amortization</td><td> </td>
<td> </td><td>(189,042</td><td>)</td><td> </td>
<td> </td><td>(140,487</td><td>)</td></tr>
<tr>
<td>Fair value adjustments to compound embedded derivatives</td><td> </td>
<td> </td><td>(1,053,192</td><td>)</td><td> </td>
<td> </td><td>808,511</td><td> </td></tr>
<tr>
<td>Share based compensation expense</td><td> </td>
<td> </td><td>198,002</td><td> </td><td> </td>
<td> </td><td>225,729</td><td> </td></tr>
<tr>
<td>Deferred income taxes</td><td> </td>
<td> </td><td>394,000</td><td> </td><td> </td>
<td> </td><td>923,000</td><td> </td></tr>
<tr>
<td>Changes in operating assets and liabilities:</td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Accounts receivable</td><td> </td>
<td> </td><td>(10,735,897</td><td>)</td><td> </td>
<td> </td><td>(2,935,797</td><td>)</td></tr>
<tr>
<td>Unbilled contracts in progress</td><td> </td>
<td> </td><td>681,052</td><td> </td><td> </td>
<td> </td><td>623,718</td><td> </td></tr>
<tr>
<td>Deferred contract costs</td><td> </td>
<td> </td><td>74,124</td><td> </td><td> </td>
<td> </td><td>343,065</td><td> </td></tr>
<tr>
<td>Prepaid expenses and other current assets</td><td> </td>
<td> </td><td>(74,830</td><td>)</td><td> </td>
<td> </td><td>129,953</td><td> </td></tr>
<tr>
<td>Other assets</td><td> </td>
<td> </td><td>(25,936</td><td>)</td><td> </td>
<td> </td><td>(17,314</td><td>)</td></tr>
<tr>
<td>Accounts payable</td><td> </td>
<td> </td><td>731,995</td><td> </td><td> </td>
<td> </td><td>(397,716</td><td>)</td></tr>
<tr>
<td>Accrued compensation</td><td> </td>
<td> </td><td>(1,336,477</td><td>)</td><td> </td>
<td> </td><td>(708,367</td><td>)</td></tr>
<tr>
<td>Accrued job costs</td><td> </td>
<td> </td><td>836,001</td><td> </td><td> </td>
<td> </td><td>1,141,636</td><td> </td></tr>
<tr>
<td>Other accrued liabilities</td><td> </td>
<td> </td><td>(379,988</td><td>)</td><td> </td>
<td> </td><td>(567,056</td><td>)</td></tr>
<tr>
<td>Income taxes payable</td><td> </td>
<td> </td><td>(31,686</td><td>)</td><td> </td>
<td> </td><td>29,927</td><td> </td></tr>
<tr>
<td>Deferred revenue</td><td> </td>
<td> </td><td>3,080,234</td><td> </td><td> </td>
<td> </td><td>(463,462</td><td>)</td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Net cash (used in) provided by operating activities</td><td> </td>
<td> </td><td>(5,753,999</td><td>)</td><td> </td>
<td> </td><td>309,069</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Cash flows from investing activities:</td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Purchases of property and equipment</td><td> </td>
<td> </td><td>(445,899</td><td>)</td><td> </td>
<td> </td><td>(262,492</td><td>)</td></tr>
<tr>
<td>Investments</td><td> </td>
<td> </td><td>(180,000</td><td>)</td><td> </td>
<td> </td><td>—</td><td> </td></tr>
<tr>
<td>Net cash used in investing activities</td><td> </td>
<td> </td><td>(625,899</td><td>)</td><td> </td>
<td> </td><td>(262,492</td><td>)</td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Cash flows from financing activities:</td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Purchase of treasury stock</td><td> </td>
<td> </td><td>(30,232</td><td>)</td><td> </td>
<td> </td><td>(12,203</td><td>)</td></tr>
<tr>
<td>Net cash used in financing activities</td><td> </td>
<td> </td><td>(30,232</td><td>)</td><td> </td>
<td> </td><td>(12,203</td><td>)</td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Effect of exchange rate changes on cash and cash equivalents</td><td> </td>
<td> </td><td>64,643</td><td> </td><td> </td>
<td> </td><td>18,962</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Net (decrease) increase in cash and cash equivalents</td><td> </td>
<td> </td><td>(6,345,487</td><td>)</td><td> </td>
<td> </td><td>53,336</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Cash and cash equivalents at beginning of period</td><td> </td>
<td> </td><td>11,239,835</td><td> </td><td> </td>
<td> </td><td>6,660,695</td><td> </td></tr>
<tr>
<td>Cash and cash equivalents at end of period</td><td> </td>
<td>$</td><td>4,894,348</td><td> </td><td> </td>
<td>$</td><td>6,714,031</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Supplemental disclosures of cash flow information:</td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Interest paid during the period</td><td> </td>
<td>$</td><td>—</td><td> </td><td> </td>
<td>$</td><td>—</td><td> </td></tr>
<tr>
<td>Income taxes paid during the period</td><td> </td>
<td>$</td><td>199,711</td><td> </td><td> </td>
<td>$</td><td>86,074</td><td> </td></tr>
</tbody></table>