We maintain a positive outlook for 2011, and our current backlog for the remainder of the fiscal year is approximately $5.7 million.
>>> backlog is good, yes?
Additionally, we have seen a material increase in our Facebook related moderation services bookings which were approximately $1 million in the fourth quarter of 2010, as compared to new contract signings of approximately $450,000 for the first nine months of 2010.
>>> Q4 bookings = 2x that of Q1-Q3 combined - NICE.
We anticipate seeing improved bookings for 2011, however it is possible on a quarter-to-quarter basis we may see some variability in our bookings number.
>>> That seems to be higher revenue guidance.
For the three months ended December 31, 2010 we had positive total cash flows of approximately $284,000 while for the three months ended December 31, 2009 we had positive total cash flows of approximately $40,000.
>>> Cash flow POSITIVE
We believe that the combination of cash balances, cash flow from operations, and available credit facilities will be sufficient to satisfy cash needs for the current level of operations and planned operations for at least the next twelve months.