Exhibit 99.1
| Schedule of Cash Receipts and Disbursements | ||||||||||||||||||||||||||||||||||||
| Form MOR-1 | ||||||||||||||||||||||||||||||||||||
| Bank Accounts | Current Month | Cumulative Filing to Date | ||||||||||||||||||||||||||||||||||
| Oper (old) 3381 | Oper (new) 6258 | Lockbox 4003 | Payroll 3391 | FSA 3987 | Actual | Projected | Actual | Projected | ||||||||||||||||||||||||||||
| CASH BEGINNING OF MONTH | 1,215.39 | 257,712.93 | 160,932.27 | 7,058.83 | 3,907.78 | 430,827.20 | 250,000.00 | 70,563.06 | 34,893.31 | |||||||||||||||||||||||||||
| RECEIPTS | ||||||||||||||||||||||||||||||||||||
| CASH SALES | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||
| ACCOUNTS RECEIVABLE | 79,242.30 | - | 1,176,876.05 | - | - | 1,256,118.35 | 1,241,672.30 | 3,453,770.61 | 3,491,672.30 | |||||||||||||||||||||||||||
| LOANS AND ADVANCES | - | - | - | - | - | - | - | 924,729.37 | 1,029,473.12 | |||||||||||||||||||||||||||
| SALE OF ASSETS | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||
| OTHER (ATTACH LIST) | - | - | 1,471.52 | - | - | 1,471.52 | - | 17,567.00 | - | |||||||||||||||||||||||||||
| TRANSFERS (FROM DIP ACCTS) | 57,000.00 | 1,052,663.55 | - | 768,310.90 | 5,000.00 | 1,882,974.45 | 977,657.51 | 2,580,451.47 | 977,657.51 | |||||||||||||||||||||||||||
| TOTAL RECEIPTS | 136,242.30 | 1,052,663.55 | 1,178,347.57 | 768,310.90 | 5,000.00 | 3,140,564.32 | 2,219,329.81 | 6,976,518.45 | 5,498,802.93 | |||||||||||||||||||||||||||
| DISBURSEMENTS | ||||||||||||||||||||||||||||||||||||
| NET PAYROLL | - | (28,685.94 | ) | - | (706,827.68 | ) | - | (735,513.62 | ) | (829,277.81 | ) | (1,667,182.95 | ) | (1,890,027.81 | ) | |||||||||||||||||||||
| PAYROLL TAXES | - | - | - | (60,798.25 | ) | - | (60,798.25 | ) | (57,490.40 | ) | (331,453.99 | ) | (357,490.40 | ) | ||||||||||||||||||||||
| SALES, USE, & OTHER TAXES | - | (1,696.75 | ) | - | - | - | (1,696.75 | ) | (500.00 | ) | (9,476.31 | ) | (24,000.00 | ) | ||||||||||||||||||||||
| INVENTORY PURCHASES | (103,832.83 | ) | (177,280.68 | ) | - | - | - | (281,113.51 | ) | (652,000.00 | ) | (823,467.62 | ) | (1,202,000.00 | ) | |||||||||||||||||||||
| SECURED/ RENTAL/ LEASES | - | (55,626.35 | ) | - | - | - | (55,626.35 | ) | (70,000.00 | ) | (127,212.76 | ) | (140,000.00 | ) | ||||||||||||||||||||||
| INSURANCE | - | (65,678.70 | ) | - | - | (4,586.64 | ) | (70,265.34 | ) | (86,883.27 | ) | (215,527.60 | ) | (231,999.70 | ) | |||||||||||||||||||||
| ADMINISTRATIVE | - | (1,218.73 | ) | - | - | - | (1,218.73 | ) | - | (7,469.57 | ) | - | ||||||||||||||||||||||||
| SELLING | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||
| OTHER (ATTACH LIST) | - | (207,001.79 | ) | - | - | - | (207,001.79 | ) | (147,290.76 | ) | (442,923.09 | ) | (487,290.76 | ) | ||||||||||||||||||||||
| OWNER DRAW * | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||
| TRANSFERS (TO DIP ACCTS) | - | - | (1,228,950.88 | ) | - | - | (1,228,950.88 | ) | - | (3,155,362.20 | ) | - | ||||||||||||||||||||||||
| - | ||||||||||||||||||||||||||||||||||||
| PROFESSIONAL FEES | - | (264,843.62 | ) | - | - | - | (264,843.62 | ) | (375,887.57 | ) | (829,843.62 | ) | (950,887.57 | ) | ||||||||||||||||||||||
| U.S. TRUSTEE QUARTERLY FEES | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||
| COURT COSTS | - | - | - | - | - | - | - | (1,750.00 | ) | - | ||||||||||||||||||||||||||
| TOTAL DISBURSEMENTS | (103,832.83 | ) | (802,032.56 | ) | (1,228,950.88 | ) | (767,625.93 | ) | (4,586.64 | ) | (2,907,028.84 | ) | (2,219,329.81 | ) | (7,611,669.71 | ) | (5,283,696.24 | ) | ||||||||||||||||||
| NET CASH FLOW | 32,409.47 | 250,630.99 | (50,603.31 | ) | 684.97 | 413.36 | 233,535.48 | - | (635,151.26 | ) | 215,106.69 | |||||||||||||||||||||||||
| CASH - END OF MONTH | 33,624.86 | 508,343.92 | 110,328.96 | 7,743.80 | 4,321.14 | 664,362.68 | 250,000.00 | (564,588.20 | ) | 250,000.00 | ||||||||||||||||||||||||||
| DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN) | ||||||||||||||||||||||||||||||||||||
| TOTAL DISBURSEMENTS | (2,907,028.84 | ) | ||||||||||||||||||||||||||||||||||
| LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS | (1,228,950.88 | ) | ||||||||||||||||||||||||||||||||||
| PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts) | - | |||||||||||||||||||||||||||||||||||
| TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES | (4,135,979.72 | ) | ||||||||||||||||||||||||||||||||||
| 1035 · SVB Lockbox 4003 -Other Deposits | ||||||||||||||||||||||||||||||||||||
| NC DOR | 1,287.08 | �� | ||||||||||||||||||||||||||||||||||
| News America Marketing | 184.44 | |||||||||||||||||||||||||||||||||||
| 1,471.52 | ||||||||||||||||||||||||||||||||||||
| 1031 · SVB Operating 6258-Other Disbursements | ||||||||||||||||||||||||||||||||||||
| Urban Airship, Inc. | 217.98 | |||||||||||||||||||||||||||||||||||
| Cogent Communications | 400.00 | |||||||||||||||||||||||||||||||||||
| Symantec Corporation | 2,254.84 | |||||||||||||||||||||||||||||||||||
| SEC Connect | 4,000.00 | |||||||||||||||||||||||||||||||||||
| Gibson & Assoc | 3,038.75 | |||||||||||||||||||||||||||||||||||
| Hardwell Acquisition, LLC | 9,687.50 | |||||||||||||||||||||||||||||||||||
| Internap Network Services | 42,562.66 | |||||||||||||||||||||||||||||||||||
| LOCAiD, Inc | 98.12 | |||||||||||||||||||||||||||||||||||
| Mobile Giving Foundation | 350.00 | |||||||||||||||||||||||||||||||||||
| VSP | 439.04 | |||||||||||||||||||||||||||||||||||
| Verizon Wireless | 524.37 | |||||||||||||||||||||||||||||||||||
| Verizon Act#2126950415 | 550.98 | |||||||||||||||||||||||||||||||||||
| Vehicle | 850.00 | |||||||||||||||||||||||||||||||||||
| ABL Brand Consulting | 5,966.44 | |||||||||||||||||||||||||||||||||||
| Ad Juster, Inc. | 709.68 | |||||||||||||||||||||||||||||||||||
| TW Telecom | 997.10 | |||||||||||||||||||||||||||||||||||
| Tableau Software, Inc | 547.50 | |||||||||||||||||||||||||||||||||||
| Citrix Online | 232.14 | |||||||||||||||||||||||||||||||||||
| Comcast (Bellevue) | 124.72 | |||||||||||||||||||||||||||||||||||
| Comcast-877130-011-1605584-Chicago Cable | 223.83 | |||||||||||||||||||||||||||||||||||
| Culligan | 35.59 | |||||||||||||||||||||||||||||||||||
| Deluxe Checks | 410.15 | |||||||||||||||||||||||||||||||||||
| Ernest Leitch | 540.00 | |||||||||||||||||||||||||||||||||||
| Free Vector Advisors | 680.00 | |||||||||||||||||||||||||||||||||||
| Rosenbaum & Silvert | 4,346.00 | |||||||||||||||||||||||||||||||||||
| Richardson & Patel LLP | 110.00 | |||||||||||||||||||||||||||||||||||
| Infinite | 491.77 | |||||||||||||||||||||||||||||||||||
| Open Market | 17,408.66 | |||||||||||||||||||||||||||||||||||
| Cory Johnson | 400.00 | |||||||||||||||||||||||||||||||||||
| The Hanover Insurance Group | 5,705.96 | |||||||||||||||||||||||||||||||||||
| Standard Parking | 3,942.00 | |||||||||||||||||||||||||||||||||||
| FP Mailing Solutions | 100.00 | |||||||||||||||||||||||||||||||||||
| Rosenbaum & Silvert | 2,120.00 | |||||||||||||||||||||||||||||||||||
| Sito Mobile Solutions | 29,777.40 | |||||||||||||||||||||||||||||||||||
| Clark Nuber | 10,000.00 | |||||||||||||||||||||||||||||||||||
| Clark Nuber | 1,500.00 | |||||||||||||||||||||||||||||||||||
| Yes,Inc. - Wire Only | 3,827.42 | |||||||||||||||||||||||||||||||||||
| Ensighten | 2,996.67 | |||||||||||||||||||||||||||||||||||
| XO One and XO Communications | 6,201.73 | |||||||||||||||||||||||||||||||||||
| Vehicle | 5,000.00 | |||||||||||||||||||||||||||||||||||
| TW Telecom | 997.10 | |||||||||||||||||||||||||||||||||||
| Thomas Thayer Denman | 8,352.50 | |||||||||||||||||||||||||||||||||||
| Cogent Communications | 400.00 | |||||||||||||||||||||||||||||||||||
| Solium Capital LLC | 1,375.00 | |||||||||||||||||||||||||||||||||||
| Culligan | 35.59 | |||||||||||||||||||||||||||||||||||
| De Lage Landen Financial Services, Inc | 2,433.95 | |||||||||||||||||||||||||||||||||||
| Ensighten | 4,350.00 | |||||||||||||||||||||||||||||||||||
| Shred-It WA | 52.97 | |||||||||||||||||||||||||||||||||||
| Glance Network | 2,235.00 | |||||||||||||||||||||||||||||||||||
| Rackspace Hosting | 738.05 | |||||||||||||||||||||||||||||||||||
| Quotemedia, Inc. | 706.00 | |||||||||||||||||||||||||||||||||||
| Quest | 846.78 | |||||||||||||||||||||||||||||||||||
| IDiscover | 4,072.78 | |||||||||||||||||||||||||||||||||||
| Polestar Benefits, Inc | 87.18 | |||||||||||||||||||||||||||||||||||
| Poland Springs Water | 108.12 | |||||||||||||||||||||||||||||||||||
| New Relic | 2,737.50 | |||||||||||||||||||||||||||||||||||
| Manhattan Transfer Registrar | 489.19 | |||||||||||||||||||||||||||||||||||
| Mediant Communications LLC | 130.56 | |||||||||||||||||||||||||||||||||||
| Merrill Communications, LLC | 2,483.02 | |||||||||||||||||||||||||||||||||||
| Mobile Giving Foundation | 2,501.50 | |||||||||||||||||||||||||||||||||||
| Mobile Giving Foundation | 2,500.00 | |||||||||||||||||||||||||||||||||||
| 207,001.79 | ||||||||||||||||||||||||||||||||||||
| Hipcricket Cash Disbursments Journal | ||||||||
| Account | Type | Date | Num | Name | Memo | Debit | Credit | Net |
| 1030 · SVB Operating 3381 | Bill Pmt -Check | 03/06/2015 | DED030615 | American Express | 56,375.43 | (56,375.43) | ||
| 1030 · SVB Operating 3381 | Bill Pmt -Check | 03/27/2015 | DED033015W | American Express | Payment on Amex Statement PostPetition | 47,457.40 | (47,457.40) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14075 | 110 Atrium Place | 35,396.17 | (35,396.17) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14090 | ABL Brand Consulting | Leach Consulting 2-16 to 2-27-15 | 5,966.44 | (5,966.44) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/11/2015 | DED031515W | Acuity Ads Inc. | March 2015 | 25,000.00 | (25,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/20/2015 | DED032015W | Acuity Ads Inc. | March 2015 | 15,000.00 | (15,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14094 | Ad Juster, Inc. | Jan 2015 publisher dasboard (prorated 1/21-1/31) | 709.68 | (709.68) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/19/2015 | 14126 | Aetna Inc. | ACCOUNT: 85081979/1001 | 53,090.18 | (53,090.18) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/19/2015 | 14125 | Aetna-Life | 3,213.83 | (3,213.83) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/03/2015 | DED030315W | American Funds- 401K | 401K 2-1715 | 16,842.97 | (16,842.97) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/17/2015 | DED031715 | American Funds- 401K | 401K 3-15-15 | 11,842.97 | (11,842.97) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/09/2015 | 14116 | BankDirect Cap Finance - E&O | Loan #468882 | 5,104.43 | (5,104.43) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14095 | Citrix Online | 625872 | 232.14 | (232.14) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/16/2015 | 14124 | Clark Nuber | 10,000.00 | (10,000.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/16/2015 | 14123 | Clark Nuber | Progress billing for Audit of Emp Benefit Plan for 12-31-14 thru 1-16-15 | 1,500.00 | (1,500.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14076 | Cogent Communications | HIPCRICK90001 | 400.00 | (400.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14129 | Cogent Communications | HIPCRICK90001 | 400.00 | (400.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14096 | Colonial Life | BCN# E3841657-0000 | 285.00 | (285.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14098 | Comcast (Bellevue) | 8498330081899828 | 124.72 | (124.72) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14097 | Comcast-877130-011-1605584-Chicago Cable | 8771300111605584 | 223.83 | (223.83) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14077 | Concourse Owner V/VI, LLC | 17,525.36 | (17,525.36) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14130 | Concourse Owner V/VI, LLC | 701.90 | (701.90) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/05/2015 | 14118 | Cory Johnson | 400.00 | (400.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14099 | Culligan | Feb 2015 | 35.59 | (35.59) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14131 | Culligan | March 2015 | 35.59 | (35.59) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14132 | De Lage Landen Financial Services, Inc | (April2015) 24 month Lease for Sirius Computer Equipment - GA | 2,433.95 | (2,433.95) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14100 | Deluxe Checks | 410.15 | (410.15) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14078 | DUS Management, Inc. | Mar 2015 | 2,002.92 | (2,002.92) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14133 | Ensighten | 1st 3-24-15 to 06-23-15 | 4,350.00 | (4,350.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/23/2015 | 14127 | Ensighten | 4th Qtr 1-21-15 to 3-23-15 | 2,996.67 | (2,996.67) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14101 | Ernest Leitch | Swf html conversion 1-29-15 | 540.00 | (540.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14134 | Flex Plan Services, Inc. | Total Invoice $692.04 Paid $279.26 Check #14039. Annual Plan year Post Fee 565.48/Annual Partici... | 412.78 | (412.78) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14102 | Flex Plan Services, Inc. | Feb 2015 | 85.00 | (85.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/09/2015 | DED030915 | FP Mailing Solutions | Postage | 100.00 | (100.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14103 | Free Vector Advisors | 680.00 | (680.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14088 | Gibson & Assoc | Denhman Recruiting Fee. | 3,038.75 | (3,038.75) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14135 | Glance Network | 01-21-15 to 01-21-2016 Web Conference application used by Sales to demo our product and help cli... | 2,235.00 | (2,235.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/18/2015 | DED031815W | Go2Mobi | Mar 2015 | 5,500.00 | (5,500.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | DED030415W | Go2Mobi | Mar 2015 | 3,000.00 | (3,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/16/2015 | DED031615W | Go2Mobi | Mar 2015 | 3,000.00 | (3,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/18/2015 | DED031815W | Greenberg Traurig LLP | Post-Petition (DIP Legal Fees SITO) | 50,000.00 | (50,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14087 | Greenberg Traurig LLP | Pre-Petition (DIP Financing Invoice billed to SITO) | 35,136.25 | (35,136.25) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14079 | Greenberg Traurig LLP | Post-Petition (DIP Financing Invoice billed to SITO) | 14,863.75 | (14,863.75) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14080 | Hardwell Acquisition, LLC | t57087 | 9,687.50 | (9,687.50) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14136 | IDiscover | 4,072.78 | (4,072.78) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14104 | Infinite | Account # IC24844 | 491.77 | (491.77) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/18/2015 | DED031815W | InMobi Pte Ltd | Mar 2015 | 9,000.00 | (9,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/06/2015 | 030615W | InMobi Pte Ltd | Mar 2015 | 5,000.00 | (5,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14081 | Internap Network Services | 31387164 | 42,562.66 | (42,562.66) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14137 | IPFS Corporation | CAF-248410 | 3,487.48 | (3,487.48) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/18/2015 | DED031815W | Jampp-Wire | March 2015 | 3,500.00 | (3,500.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14138 | LiveRail | Jan 2015 | 1,119.99 | (1,119.99) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14083 | LOCAiD, Inc | Service dates prorated 1/21/15-1/31/15 | 98.12 | (98.12) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14139 | Manhattan Transfer Registrar | 489.19 | (489.19) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14140 | Mediant Communications LLC | Notice of Commencement | 130.56 | (130.56) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14141 | Merrill Communications, LLC | Jan 26 to 02-25-15 | 2,483.02 | (2,483.02) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14158 | Mobile Giving Foundation | April 2015 | 2,501.50 | (2,501.50) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14142 | Mobile Giving Foundation | March 2015 | 2,500.00 | (2,500.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/03/2015 | 14089 | Mobile Giving Foundation | App Fee Justin Crisis Fund | 350.00 | (350.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/11/2015 | DED031515W | Mobilewalla, Inc. | March 2015 | 52,000.00 | (52,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/27/2015 | 32715 | Mobilewalla, Inc. | March 2015 | 25,000.00 | (25,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14105 | Mobivity, Inc | 412.09 | (412.09) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14143 | Mobivity, Inc | 315.15 | (315.15) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14144 | Neustar Info Services, INC | HIPC01 | 7,933.45 | (7,933.45) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14145 | Neustar, Inc - Quova | QVA10136 | 500.00 | (500.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14146 | New Relic | Service dates 02-27 to 03-26-15 post | 2,737.50 | (2,737.50) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/16/2015 | 14122 | Noam J. Cohen, P.A. | Imedia Collection | 3,500.00 | (3,500.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14106 | Open Market | 797-140-933-94678 | 17,408.66 | (17,408.66) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | DED030415W | Pachulski Stang Ziehl & Jones LLP | Perkins $30K Pachulski $75K Creditor's Commitee $10K Held in Trust | 115,000.00 | (115,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/12/2015 | DED031215W | Pachulski Stang Ziehl & Jones LLP | Perkins $30K Creditor's Commitee $10K Held in Trust | 40,000.00 | (40,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14147 | Poland Springs Water | Account: 0437191786 | 108.12 | (108.12) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14148 | Polestar Benefits, Inc | 87.18 | (87.18) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14149 | Quest | Jan Post 01-21 to 01-31-15 and Feb | 846.78 | (846.78) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14150 | Quotemedia, Inc. | 706.00 | (706.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14151 | Rackspace Hosting | 813460 | 738.05 | (738.05) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14107 | Richardson & Patel LLP | Jan 2015 Post-pet | 110.00 | (110.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14108 | Rosenbaum & Silvert | Jan 2015 Post Pet | 4,346.00 | (4,346.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/09/2015 | 14119 | Rosenbaum & Silvert | Feb 2015 Patent #6154-101 | 2,120.00 | (2,120.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14109 | Rust Consulting Inc | 6,343.62 | (6,343.62) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14084 | SEC Connect | 4,000.00 | (4,000.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14152 | Shred-It WA | 2-26-15 | 52.97 | (52.97) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/10/2015 | DED031015w | Sito Mobile Solutions | Sito Interest 01-26 to 02-28-15 | 29,777.40 | (29,777.40) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14153 | Solium Capital LLC | Option Ease Software 02-01 to 02-28-15 | 1,375.00 | (1,375.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/09/2015 | 14120 | Standard Parking | Mar 2015 | 3,942.00 | (3,942.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | DED030415W | StrikeAd, Inc. | 10,500.00 | (10,500.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/18/2015 | DED031815W | StrikeAd, Inc. | 10,500.00 | (10,500.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14085 | Symantec Corporation | Service dates prorated 1/21-15-1/31/15 | 2,254.84 | (2,254.84) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14110 | Tableau Software, Inc | 547.50 | (547.50) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/09/2015 | 14117 | The Hanover Insurance Group | 1510436166-001-000 | 5,705.96 | (5,705.96) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14154 | Thomas Thayer Denman | 02-23 to 03-13-15 | 8,352.50 | (8,352.50) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14111 | TW Telecom | 334293 | 997.10 | (997.10) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14155 | TW Telecom | 334293 | 997.10 | (997.10) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14086 | Urban Airship, Inc. | 52595 | 217.98 | (217.98) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14156 | Vehicle | March Platform Fee | 5,000.00 | (5,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14112 | Vehicle | Feb | 850.00 | (850.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14113 | Verizon Act#2126950415 | Acct: 2126950415779744 | 550.98 | (550.98) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14114 | Verizon Wireless | Jan 2015 | 524.37 | (524.37) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14115 | VSP | March 2015 premiums | 439.04 | (439.04) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14157 | XO One and XO Communications | 6,201.73 | (6,201.73) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/20/2015 | DED032015W | Yes,Inc. - Wire Only | 3,827.42 | (3,827.42) | ||
| 1037 · SVB Payroll 3991 | Bill Pmt -Check | 03/20/2015 | DED032015W | ADP, Inc. | Payroll 3-1515 | 675.15 | (675.15) | |
| 1037 · SVB Payroll 3991 | Bill Pmt -Check | 03/06/2015 | DED030615 | ADP, Inc. | Payroll 2-28-15 | 495.77 | (495.77) | |
| 1037 · SVB Payroll 3991 | Bill Pmt -Check | 03/27/2015 | DED032715 | ADP, Inc. | HR Benefit Solutions 2-25-15 | 269.50 | (269.50) | |
| (904,390.33) | ||||||||
| Hipcricket Summary of New Operating Account "Other" Disbursments | |||||||||
| Account | Type | Date | Num | Name | Category | Memo | Debit | Credit | Net |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14090 | ABL Brand Consulting | Other | Leach Consulting 2-16 to 2-27-15 | 5,966.44 | (5,966.44) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14094 | Ad Juster, Inc. | Other | Jan 2015 publisher dasboard (prorated 1/21-1/31) | 709.68 | (709.68) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14095 | Citrix Online | Other | 625872 | 232.14 | (232.14) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/16/2015 | 14124 | Clark Nuber | Other | 10,000.00 | (10,000.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/16/2015 | 14123 | Clark Nuber | Other | Progress billing for Audit of Emp Benefit Plan for 12-31-14 thru 1-16-15 | 1,500.00 | (1,500.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14076 | Cogent Communications | Other | HIPCRICK90001 | 400.00 | (400.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14129 | Cogent Communications | Other | HIPCRICK90001 | 400.00 | (400.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14098 | Comcast (Bellevue) | Other | 8498330081899828 | 124.72 | (124.72) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14097 | Comcast-877130-011-1605584-Chicago Cable | Other | 8771300111605584 | 223.83 | (223.83) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/05/2015 | 14118 | Cory Johnson | Other | 400.00 | (400.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14099 | Culligan | Other | Feb 2015 | 35.59 | (35.59) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14131 | Culligan | Other | March 2015 | 35.59 | (35.59) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14132 | De Lage Landen Financial Services, Inc | Other | (April2015) 24 month Lease for Sirius Computer Equipment - GA | 2,433.95 | (2,433.95) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14100 | Deluxe Checks | Other | 410.15 | (410.15) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14133 | Ensighten | Other | 1st 3-24-15 to 06-23-15 | 4,350.00 | (4,350.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/23/2015 | 14127 | Ensighten | Other | 4th Qtr 1-21-15 to 3-23-15 | 2,996.67 | (2,996.67) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14101 | Ernest Leitch | Other | Swf html conversion 1-29-15 | 540.00 | (540.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/09/2015 | DED030915 | FP Mailing Solutions | Other | Postage | 100.00 | (100.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14103 | Free Vector Advisors | Other | 680.00 | (680.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14088 | Gibson & Assoc | Other | Denhman Recruiting Fee. | 3,038.75 | (3,038.75) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14135 | Glance Network | Other | 01-21-15 to 01-21-2016 Web Conference application used by Sales to demo our product and help cli... | 2,235.00 | (2,235.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14080 | Hardwell Acquisition, LLC | Other | t57087 | 9,687.50 | (9,687.50) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14136 | IDiscover | Other | 4,072.78 | (4,072.78) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14104 | Infinite | Other | Account # IC24844 | 491.77 | (491.77) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14081 | Internap Network Services | Other | 31387164 | 42,562.66 | (42,562.66) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14083 | LOCAiD, Inc | Other | Service dates prorated 1/21/15-1/31/15 | 98.12 | (98.12) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14139 | Manhattan Transfer Registrar | Other | 489.19 | (489.19) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14140 | Mediant Communications LLC | Other | Notice of Commencement | 130.56 | (130.56) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14141 | Merrill Communications, LLC | Other | Jan 26 to 02-25-15 | 2,483.02 | (2,483.02) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14158 | Mobile Giving Foundation | Other | April 2015 | 2,501.50 | (2,501.50) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14142 | Mobile Giving Foundation | Other | March 2015 | 2,500.00 | (2,500.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/03/2015 | 14089 | Mobile Giving Foundation | Other | App Fee Justin Crisis Fund | 350.00 | (350.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14146 | New Relic | Other | Service dates 02-27 to 03-26-15 post | 2,737.50 | (2,737.50) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14106 | Open Market | Other | 797-140-933-94678 | 17,408.66 | (17,408.66) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14147 | Poland Springs Water | Other | Account: 0437191786 | 108.12 | (108.12) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14148 | Polestar Benefits, Inc | Other | 87.18 | (87.18) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14149 | Quest | Other | Jan Post 01-21 to 01-31-15 and Feb | 846.78 | (846.78) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14150 | Quotemedia, Inc. | Other | 706.00 | (706.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14151 | Rackspace Hosting | Other | 813460 | 738.05 | (738.05) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14107 | Richardson & Patel LLP | Other | Jan 2015 Post-pet | 110.00 | (110.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14108 | Rosenbaum & Silvert | Other | Jan 2015 Post Pet | 4,346.00 | (4,346.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/09/2015 | 14119 | Rosenbaum & Silvert | Other | Feb 2015 Patent #6154-101 | 2,120.00 | (2,120.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14084 | SEC Connect | Other | 4,000.00 | (4,000.00) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14152 | Shred-It WA | Other | 2-26-15 | 52.97 | (52.97) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/10/2015 | DED031015w | Sito Mobile Solutions | Other | Sito Interest 01-26 to 02-28-15 | 29,777.40 | (29,777.40) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14153 | Solium Capital LLC | Other | Option Ease Software 02-01 to 02-28-15 | 1,375.00 | (1,375.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/09/2015 | 14120 | Standard Parking | Other | Mar 2015 | 3,942.00 | (3,942.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14085 | Symantec Corporation | Other | Service dates prorated 1/21-15-1/31/15 | 2,254.84 | (2,254.84) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14110 | Tableau Software, Inc | Other | 547.50 | (547.50) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/09/2015 | 14117 | The Hanover Insurance Group | Other | 1510436166-001-000 | 5,705.96 | (5,705.96) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14154 | Thomas Thayer Denman | Other | 02-23 to 03-13-15 | 8,352.50 | (8,352.50) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14111 | TW Telecom | Other | 334293 | 997.10 | (997.10) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14155 | TW Telecom | Other | 334293 | 997.10 | (997.10) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/01/2015 | 14086 | Urban Airship, Inc. | Other | 52595 | 217.98 | (217.98) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14156 | Vehicle | Other | March Platform Fee | 5,000.00 | (5,000.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14112 | Vehicle | Other | Feb | 850.00 | (850.00) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14113 | Verizon Act#2126950415 | Other | Acct: 2126950415779744 | 550.98 | (550.98) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14114 | Verizon Wireless | Other | Jan 2015 | 524.37 | (524.37) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/04/2015 | 14115 | VSP | Other | March 2015 premiums | 439.04 | (439.04) | |
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/25/2015 | 14157 | XO One and XO Communications | Other | 6,201.73 | (6,201.73) | ||
| 1031 · SVB DIP Operating 6258 | Bill Pmt -Check | 03/20/2015 | DED032015W | Yes,Inc. - Wire Only | Other | 3,827.42 | (3,827.42) | ||
| (207,001.79) | |||||||||
| Hipcricket Bank Reconciliation | ||||||||||
| Form MOR-1a | ||||||||||
| BALANCE PER BOOKS | Oper (old) 3381 | Oper (new) 6258 | Lockbox 4003 | Payroll 3391 | FSA 3987 | |||||
| BANK BALANCE | 4,321.14 | |||||||||
| (+) DEPOSITS IN TRANSIT (ATTACH LIST) | 33,624.86 | 579,532.10 | 110,328.96 | 7,743.80 | - | |||||
| (-) OUTSTANDING CHECKS (ATTACH LIST) | (71,188.18) | - | - | - | ||||||
| OTHER (ATTACH EXPLANATION) | - | - | - | |||||||
| ADJUSTED BANK BALANCE * | 33,624.86 | 508,343.92 | 110,328.96 | 7,743.80 | 4,321.14 | |||||
| GL Balance | 33,624.86 | 508,343.92 | 110,328.96 | 7,743.80 | 4,321.14 | |||||
| Variance | - | - | - | - | - | |||||
| Date | Amount | Date | Amount | Date | Amount | Date | Amount | Date | Amount | |
| DEPOSITS IN TRANSIT | ||||||||||
| CHECKS OUTSTANDING | ||||||||||
| Aetna Inc. | 03/19/15 | 53,090.18 | ||||||||
| Cogent Communications | 03/25/15 | 400.00 | ||||||||
| Manhattan Transfer Registrar | 03/25/15 | 489.19 | ||||||||
| Mediant Communications LLC | 03/25/15 | 130.56 | ||||||||
| Mobile Giving Foundation | 03/25/15 | 2,501.50 | ||||||||
| Mobile Giving Foundation | 03/25/15 | 2,500.00 | ||||||||
| Mobivity, Inc | 03/25/15 | 315.15 | ||||||||
| New Relic | 03/25/15 | 2,737.50 | ||||||||
| Poland Springs Water | 03/25/15 | 108.12 | ||||||||
| Polestar Benefits, Inc | 03/25/15 | 87.18 | ||||||||
| Quest | 03/25/15 | 846.78 | ||||||||
| Quotemedia, Inc. | 03/25/15 | 706.00 | ||||||||
| Rackspace Hosting | 03/25/15 | 738.05 | ||||||||
| Richardson & Patel LLP | 03/04/15 | 110.00 | ||||||||
| Shred-It WA | 03/25/15 | 52.97 | ||||||||
| Solium Capital LLC | 03/25/15 | 1,375.00 | ||||||||
| Vehicle | 03/25/15 | 5,000.00 | ||||||||
| OTHER | ||||||||||
| Reconcilation of In-Transit Activity | - | - | - | - | - | |||||
| Hipcricket Schedule of Professional Fees | ||||||||||
| Form MOR-1b | ||||||||||
| Check | Amount Paid | Year-To-Date | ||||||||
| Payee | Period Covered | Amount Approved | Payor | Number | Date | Fees | Expense | Fees | Expense | Comments |
| Greenberg Traurig LLP | 3/1/15-3/31/15 | 50,000.00 | Hipcricket | DED031815W | 03/18/15 | 50,000.00 | DIP Lender's legal fees | |||
| Greenberg Traurig LLP | 3/1/15-3/31/15 | 35,000.00 | Hipcricket | 14087 | 03/01/15 | 35,000.00 | 136.25 | DIP Lender's legal fees | ||
| Greenberg Traurig LLP | 3/1/15-3/31/15 | 15,000.00 | Hipcricket | 14079 | 03/01/15 | 14,863.75 | - | 100,000.00 | - | DIP Lender's legal fees |
| Noam J. Cohen, P.A. | 3/1/15-3/31/15 | 3,500.00 | Hipcricket | 14122 | 03/16/15 | 3,500.00 | - | 3,500.00 | - | |
| Pachulski Stang Ziehl & Jones LLP | 3/1/15-3/31/15 | 115,000.00 | Hipcricket | DED030415W | 03/04/15 | 115,000.00 | - | Includes $30k for Perkins Coie, $10k for creditor's committee | ||
| Pachulski Stang Ziehl & Jones LLP | 3/1/15-3/31/15 | 40,000.00 | Hipcricket | DED031215W | 03/12/15 | 40,000.00 | - | 685,000.00 | - | Includes $30k for Perkins Coie, $10k for creditor's committee |
| Rust Consulting Inc | 3/1/15-3/31/15 | - | Hipcricket | 14109 | 03/04/15 | 6,343.62 | - | 16,343.62 | - | |
| Hipcricket Statement of Operations | |||
| Form MOR-2 | |||
| REVENUES | 1/21/15-2/28/15 | 3/31/2015 | Cumulative Filing to Date |
| Gross Revenues $ $ | 2,146,145.45 | 1,317,136.70 | 3,463,282.15 |
| Less: Returns and Allowances | (233,465.65) | (31,997.50) | (265,463.15) |
| Net Revenue $ $ | 1,912,679.80 | 1,285,139.20 | 3,197,819.00 |
| COST OF GOODS SOLD | |||
| Beginning Inventory | - | - | - |
| Add: Purchases | - | - | - |
| Add: Cost of Labor | - | - | - |
| Add: Other Costs (attach schedule) | 845,787.56 | 604,609.21 | 1,450,396.77 |
| Less: Ending Inventory | - | - | - |
| Cost of Goods Sold | 845,787.56 | 604,609.21 | 1,450,396.77 |
| Gross Profit | 1,066,892.24 | 680,529.99 | 1,747,422.23 |
| OPERATING EXPENSES | |||
| Advertising | - | - | - |
| Auto and Truck Expense | - | - | - |
| Bad Debts | (64,999.98) | 1,924.39 | (63,075.59) |
| Contributions | - | - | - |
| Employee Benefits Programs | 53,438.37 | 44,597.73 | 98,036.10 |
| Insider Compensation* | 94,477.17 | 62,984.78 | 157,461.95 |
| Insurance | 226,328.96 | 48,432.31 | 274,761.27 |
| Management Fees/Bonuses | - | - | - |
| Office Expense | 6,044.31 | 3,833.29 | 9,877.60 |
| Pension & Profit-Sharing Plans | - | - | - |
| Repairs and Maintenance | - | - | - |
| Rent and Lease Expense | 109,370.78 | 44,314.58 | 153,685.36 |
| Salaries/Commissions/Fees | 709,037.49 | 536,752.21 | 1,245,789.70 |
| Supplies | - | - | - |
| Taxes - Payroll | 104,426.79 | 59,111.96 | 163,538.75 |
| Taxes - Real Estate | 204.26 | 204.26 | 408.52 |
| Taxes - Other | - | - | - |
| Travel and Entertainment | 42,774.20 | 30,833.62 | 73,607.82 |
| Utilities | 1,551.51 | 1,361.08 | 2,912.59 |
| Other (attach schedule) | 556,005.39 | 111,745.86 | 667,751.25 |
| Total Operating Expenses Before Depreciation | 1,838,659.25 | 946,096.07 | 2,784,755.32 |
| Depreciation/Depletion/Amortization | 673,701.46 | 336,847.76 | 673,701.46 |
| Net Profit (Loss) Before Other Income & Expenses | (1,445,468.47) | (602,413.84) | (1,711,034.55) |
| OTHER INCOME AND EXPENSES | |||
| Other Income (attach schedule) | 36.36 | 8.71 | 45.07 |
| Interest Expense | (11,500.57) | (24,264.08) | (35,764.65) |
| Other Expense (attach schedule) | 162.92 | (119.24) | 43.68 |
| Net Profit (Loss) Before Reorganization Items | (1,456,769.76) | (626,788.45) | (1,675,358.65) |
| REORGANIZATION ITEMS | |||
| Professional Fees | 530,000.00 | 264,707.37 | 794,707.37 |
| U. S. Trustee Quarterly Fees | - | - | - |
| Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet) | - | - | - |
| Gain (Loss) from Sale of Equipment | - | - | - |
| Other Reorganization Expenses (attach schedule) | - | - | - |
| Total Reorganization Expenses | 530,000.00 | 264,707.37 | 794,707.37 |
| Income Taxes | (69,354.93) | 2,398.35 | (69,354.93) |
| Net Profit (Loss) | (1,917,414.83) | (893,894.17) | (2,400,711.09) |
| Hipcricket Statement of Operations | |||
| Form MOR-2-CONTD | |||
| Breakdown of "Other" Category | 1/21/15-1/31/15 | 3/31/2015 | Cumulative Filing to Date |
| Other Costs | |||
| 5501 · Hosting Expense | 103,431.11 | 60,436.40 | 163,867.51 |
| 5601 · Content Delivery | 322,338.76 | 191,769.06 | 514,107.82 |
| 5602 · Content Creation | 17,869.59 | 4,550.00 | 22,419.59 |
| 5650 · Media Buys Costs | 318,814.76 | 306,187.08 | 625,001.84 |
| 5950 · IP COGS | 83,333.34 | 41,666.67 | 125,000.01 |
| 845,787.56 | 604,609.21 | 1,450,396.77 | |
| Other Operational Expenses | |||
| 6015 · Contractors | 29,188.56 | 21,564.86 | 50,753.42 |
| 6106 · Trade Show & Seminar Expense | 15,000.00 | - | 15,000.00 |
| 6108 · Public Relations | 645.56 | - | 645.56 |
| 6177 · Outside Services - Selling | 15,424.20 | 7,733.60 | 23,157.80 |
| 6186 · Outside Services - Mktg | 4,870.12 | 2,185.95 | 7,056.07 |
| 6189 · Trade Shows & Seminars | 91.53 | - | 91.53 |
| 6289 · Outside services - Development | 98.12 | - | 98.12 |
| 6489 · Outside Services - Other | 80,000.00 | 40,000.00 | 120,000.00 |
| 6525 · Bank Service Charges | 29,857.96 | 1,809.79 | 31,667.75 |
| 6550 · Computer & Software Expense - Other | 25,609.19 | 6,204.15 | 31,813.34 |
| 6550.2 · Software | 547.50 | - | 547.50 |
| 6553 · Dues & Subscriptions | 8,285.68 | 3,779.50 | 12,065.18 |
| 6555 · Telephone - Landline | 17,149.73 | 7,377.34 | 24,527.07 |
| 6556 · Telephone - Mobile | 5,367.73 | 3,481.69 | 8,849.42 |
| 6560 · Postage & Delivery | 208.75 | 1,791.74 | 2,000.49 |
| 6572 · Public Company Expenses | 36,264.56 | 2,425.00 | 38,689.56 |
| 6580 · Recruiting & Relocation Expense | 424.00 | - | 424.00 |
| 6589 · Outside Services - Other | 18,578.99 | 4,616.15 | 23,195.14 |
| 6710 · Legal - Corporate - Other | 224,439.27 | (21,062.85) | 203,376.42 |
| 6711 · Legal - IP Litigation | 680.00 | - | 680.00 |
| 6712 · Legal - IP New / Renewal | 24,846.00 | (12,288.50) | 12,557.50 |
| 6714 · Legal - Litigation | (20,572.06) | 3,937.94 | (16,634.12) |
| 6730 · Consultants | 39,000.00 | 38,189.50 | 77,189.50 |
| 556,005.39 | 111,745.86 | 667,751.25 | |
| Other Income | |||
| 7100 · INTEREST INCOME | 36.36 | 8.71 | 45.07 |
| 36.36 | 8.71 | 45.07 | |
| Other Expense | |||
| 7630 · Gain/Loss on Asset | - | (80.24) | (80.24) |
| 7650 · Late Fees | (26.14) | (39.00) | (65.14) |
| 7900 · Foreign Exchange - G/L | 189.06 | - | 189.06 |
| 162.92 | (119.24) | 43.68 |
| Hipcricket Balance Sheet | ||
| Form MOR-3 | ||
| Assets | Book Value at End of Current Reporting Month | Book Value on Petition Date |
| CURRENT ASSETS | ||
| Unrestricted Cash and Equivalents | 664,362.68 | 70,563.06 |
| Restricted Cash and Cash Equivalents (see continuation sheet) | 255,653.46 | 419,931.14 |
| Accounts Receivable (Net) | 3,139,072.46 | 3,410,949.01 |
| Notes Receivable | - | - |
| Inventories | - | - |
| Prepaid Expenses | 525,860.43 | 863,767.10 |
| Professional Retainers | - | - |
| Other Current Assets (attach schedule) | - | - |
| TOTAL CURRENT ASSETS $ $ | 4,584,949.03 | 4,765,210.31 |
| PROPERTY AND EQUIPMENT | ||
| Real Property and Improvements | - | - |
| Machinery and Equipment | 1,147,844.73 | 1,175,355.97 |
| Furniture, Fixtures and Office Equipment | 180,245.17 | 221,895.92 |
| Leasehold Improvements | 86,789.64 | 142,516.64 |
| Vehicles | - | - |
| Less Accumulated Depreciation | (1,176,832.36) | (1,273,386.03) |
| TOTAL PROPERTY & EQUIPMENT $ $ | 238,047.18 | 266,382.50 |
| OTHER ASSETS | ||
| Loans to Insiders* | - | - |
| Other Assets (attach schedule) | 10,731,841.48 | 11,714,135.62 |
| TOTAL OTHER ASSETS $ $ | 10,731,841.48 | 11,714,135.62 |
| TOTAL ASSETS $ | 15,554,837.69 | 16,745,728.43 |
| Liabilities and Owner Equity | Book Value at End of Current Reporting Month | Book Value on Petition Date |
| LIABILITIES NOT SUBJECT TO COMPROMISE (Post-Petition) | ||
| Accounts Payable | 550,953.05 | 40,337.38 |
| Taxes Payable (refer to FORM MOR-4) | 10,748.32 | - |
| Wages Payable | - | - |
| Notes Payable (DIP Loan) | 3,438,652.20 | - |
| Rent / Leases - Building/Equipment | 29,874.90 | - |
| Secured Debt / Adequate Protection Payments | - | - |
| Professional Fees | - | - |
| Amounts Due to Insiders* | - | - |
| Other Postpetition Liabilities (attach schedule) | (2,498.42) | - |
| TOTAL POSTPETITION LIABILITIES | 4,027,730.05 | 40,337.38 |
| LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition) | ||
| Secured Debt | 72,571.49 | 2,001,094.57 |
| Priority Debt | 225,153.55 | 228,641.72 |
| Unsecured Debt | 10,389,287.49 | 10,383,699.29 |
| Unsecured Debt - Accrued Liabilities | 3,044,875.04 | 3,485,426.40 |
| TOTAL PRE-PETITION LIABILITIES $ $ | 13,731,887.57 | 16,098,861.98 |
| TOTAL LIABILITIES | 17,759,617.62 | 16,139,199.36 |
| OWNER EQUITY | ||
| Capital Stock | 15,478.75 | 15,478.75 |
| Additional Paid-In Capital | 188,998,911.38 | 188,998,911.38 |
| Partners' Capital Account | - | - |
| Owner's Equity Account | - | - |
| Retained Earnings - Pre-Petition | (188,407,861.06) | (188,407,861.06) |
| Retained Earnings - Postpetition | (2,811,309.00) | - |
| Adjustments to Owner Equity (attach schedule) | - | - |
| Postpetition Contributions (Distributions) (Draws) (attach schedule) | - | - |
| NET OWNER EQUITY $ $ | (2,204,779.93) | 606,529.07 |
| TOTAL LIABILITIES AND OWNERS' EQUITY | 15,554,837.69 | 16,745,728.43 |
| 15,554,837.69 | 16,745,728.43 | |
| (0.00) | - | |
| Hipcricket Statement of Operations | |||
| Form MOR-2-CONTD | |||
| Assets | Book Value at End of Current Reporting Month | Book Value on Petition Date | |
| Restricted Cash | |||
| 1100 · Restricted Cash-Wells Fargo | 50,653.46 | 214,931.14 | Yahoo ILOC, Yahoo drew down funds in March |
| 1105 · Restricted Cash-SVB Lease LOC | 105,000.00 | 105,000.00 | LOC for lease |
| 1110 · Restricted Cash-SVB CC | 100,000.00 | 100,000.00 | Security for credit cards |
| 255,653.46 | 419,931.14 | ||
| Other Current Assets | |||
| - | - | ||
| Other Assets | |||
| 1700 · INTANGIBLE ASSETS | 10,573,821.47 | 11,556,115.61 | |
| 1726 · Deposits | 158,020.01 | 158,020.01 | |
| 10,731,841.48 | 11,714,135.62 | ||
| Liabilities and Owner Equity | Book Value at End of Current Reporting Month | Book Value on Petition Date | |
| Other Postpetition Liabilities | |||
| 2202 · Accrued Payroll | (27,119.46) | - | |
| 2203 · Payroll Liabilities | 2,067.34 | - | |
| 2205 · Accrued Commissions | 43,810.84 | - | |
| 2207 · Accrued Accounts Payable | 29,585.62 | - | |
| 2209 · Accumulated Deductions Payable | 754.87 | - | |
| 2210 · Accrued Liabilities | 3,609.29 | - | |
| 2211 · Colonial Fiduciary Liability | 285.00 | - | |
| 2230 · Accrued Cost of Sales | (74,455.28) | - | |
| 2301 · Accum. Deferred Revenue | 90,537.53 | - | |
| 2550 · Sales Tax Payable | 1,490.77 | - | |
| 2650 · LT- Deferred Tax Liability | (73,064.94) | - | |
| (2,498.42) | - | ||
Adjustments to Owner Equity | |||
| Postpetition Contributions (disbributions) (Draws) | |||
| Other Prepetition Liabilities | |||
| 2201 · Deferred Rent - ST | - | (7,809.52) | |
| 2202 · Accrued Payroll | 364,130.55 | 400,950.97 | |
| 2203 · Payroll Liabilities | - | 48.87 | |
| 2205 · Accrued Commissions | - | 330,359.70 | |
| 2207 · Accrued Accounts Payable | (67,135.92) | (67,092.62) | |
| 2209 · Accumulated Deductions Payable | 1,563.08 | 1,563.08 | |
| 2210 · Accrued Liabilities | 425,103.23 | 425,103.24 | |
| 2211 · Colonial Fiduciary Liability | - | (142.50) | |
| 2220 · Accrued Restructuring Charges | 9,798.81 | 9,798.81 | |
| 2230 · Accrued Cost of Sales | 9,674.18 | 76,916.70 | |
| 2245 · Lease Incentive Obiligation | 52,352.26 | 55,431.76 | |
| 2301 · Accum. Deferred Revenue | 130,755.78 | 130,755.78 | |
| 2550 · Sales Tax Payable | 1,922.57 | 1,922.57 | |
| 2600 · Deferred Rent - LT | 192,456.10 | 203,365.16 | |
| 2650 · LT- Deferred Tax Liability | 1,924,254.40 | 1,924,254.40 | |
| 3,044,875.04 | 3,485,426.40 | ||
| Hipcricket Status of Post-Petition Taxes | ||||||
| Form MOR-4 | ||||||
| Status of Postpetition Taxes | ||||||
| Beginning Tax Liability | Amount Withheld or Accrued | Amount Paid | Date Paid | Check No. or EFT | Ending Tax Liability | |
| Payroll Related | ||||||
| Withholding | - | 126,666.97 | 126,666.97 | |||
| FICA-Employee | - | 53,346.44 | 53,346.44 | |||
| FICA-Employer | - | 53,346.48 | 53,346.48 | |||
| Unemployment | - | 84.45 | 84.45 | |||
| State Income Tax | - | 17,440.52 | 17,440.52 | |||
| State Unemployment EE | - | 6.25 | 6.25 | |||
| State Unemployment ER | - | 4,994.25 | 4,994.25 | |||
| State Disability | - | 431.98 | 431.98 | |||
| Local Income Tax | - | 1,328.65 | 1,328.65 | |||
| Payments | 105,818.14 | 03/12/15 | 5567 | (105,818.14) | ||
| Payments | 151,827.85 | 03/30/15 | 7461 | (151,827.85) | ||
| Total Payroll Related Taxes | - | 257,645.99 | 257,645.99 | - | ||
| Federal | ||||||
| Income | - | - | - | - | ||
| Other | - | - | - | - | ||
| Total Federal Taxes | - | - | - | - | ||
| State and Local | ||||||
| Withholding | 1,698.68 | 4,197.30 | - | 5,895.98 | ||
| Sales | 2,385.32 | 1,833.93 | (382.80) | 03/20/15 | DED031817W | |
| Sales | - | - | (1,383.12) | 03/20/15 | DED031816W | 2,453.33 |
| Excise | - | - | - | - | ||
| Unemployment | 1,252.00 | 644.87 | - | 1,896.87 | ||
| Real Property | - | - | - | - | ||
| Personal Property | 334.76 | 167.38 | - | 502.14 | ||
| Other | - | - | - | - | ||
| Total State and Local | 5,670.76 | 6,843.48 | (1,765.92) | 10,748.32 | ||
| Total Taxes | 5,670.76 | 264,489.47 | 255,880.07 | 10,748.32 | ||
| Summary of Unpaid Postpetition Debts | ||||||
| Accounts Payable | Current | 0-30 | 31-60 | 91-90 | Over 90 Total | Total |
| Wages Payable | - | - | - | - | - | - |
| Taxes Payable | - | - | - | - | - | - |
| Rent/Leases-Building | - | - | - | - | - | - |
| Rent/Leases-Equipment | - | - | - | - | - | - |
| Secured Debt/Adequate Protection Payments | - | - | - | - | - | - |
| Professional Fees | - | - | - | - | - | - |
| Amounts Due to Insiders* | - | - | - | - | - | - |
| Other | - | - | - | - | - | - |
| Other | - | - | - | - | - | - |
| Total Postpetition Debts | - | - | - | - | - | - |
| Hipcricket AR Reconciliation & Aging | ||
| From MOR-5 | ||
| Amount | ||
| Accounts Receivable Reconciliation Amount | ||
| Total Accounts Receivable at the beginning of the reporting period | 3,309,821.66 | |
| =+ Amounts billed during the period | 1,180,795.86 | |
| =- Amounts collected during the period | (1,258,042.74) | |
| Total Accounts Receivable at the end of the reporting period | 3,232,574.78 | |
| Accounts Receivable Aging Amount | Amount | |
| 0 - 30 days old | 2,246,349.53 | |
| 31 - 60 days old | 336,978.50 | |
| 61 - 90 days old | 248,720.05 | |
| 91+ days old | 400,526.70 | |
| Total Accounts Receivable | 3,232,574.78 | |
| Amount considered uncollectible (Bad Debt) | ||
| Accounts Receivable (Net) | 3,232,574.78 | |
| DEBTOR QUESTIONNAIRE | ||
| Must be completed each month Yes No | Yes | No |
| 1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below. | X | |
| 2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below. | X | |
| 3. Have all postpetition tax returns been timely filed? If no, provide an explanation below. | X | |
| 4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below. | X | |
| 5. Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local rule 4004-3. | X | |
| 1 - Furniture & misc office equipment in the 3 office rentals were disposed of in March due to vacating the office spaces | ||