on february 28 , 2007 , we entered into an agreement with pools press , inc. , an illinois corporation ( “ pools ” ) , pursuant to which we acquired 75 % of the issued and outstanding common stock of pools for consideration of $ 616,080. we purchased the remaining interest in pools that we did not already own on august 31 , 2010. the results of pools ' operations have been included in our consolidated financial statements since march 1 , 2007. on january 1 , 2012 , pools merged with and into reprints desk . pools provided printing services , specializing in reprints , until operations were discontinued in june 2013. on march 31 , 2011 , we entered into an agreement with fimmotaag , s.p.a. ( “ fimmotaag ” ) , a privately held company domiciled in france , pursuant to which we acquired 100 % of the issued and outstanding common stock of taag in exchange for 336,921 shares of our common stock in addition to future payments payable at the option of fimmotaag in cash or our common stock under the terms of the purchase agreement . on march 28 , 2013 , we entered into a settlement agreement with fimmotaag and its two principal owners ( the “ settlement agreement ” ) , pursuant to which fimmotaag agreed to return 336,921 shares of our common stock to us and to forego future payments payable to fimmotaag by us pursuant to the terms of the agreement under which we acquired taag from fimmotaag . on august 18 , 2014 , our board of directors authorized the immediate disposal of our former subsidiary taag at a reasonable price in relation to its current fair value , and in the event such sale was not consummated by september 10 , 2014 , that management proceed with an insolvency filing by taag under french law . on september 15 , 2014 , the french tribunal de commerce appointed an administrator for taag following a declaration of insolvency by our legal representative , and on october 6 , 2014 taag entered into a judicial liquidation procedure . as a result , effective september 15 , 2014 , we relinquished control of taag to the tribunal and taag ceased to be our subsidiary and was deconsolidated from our financial statements . in accordance with consolidation guidance we derecognized the assets , liabilities and other comprehensive income of taag with a resulting non-cash gain on deconsolidation of $ 1,711,748 recorded on the consolidated statements of operations for the year ended june 30 , 2015. in addition , comparative information for prior periods have been restated to segregate the assets , liabilities , revenue , expenses , and cash flows related to taag as discontinued operations . we have determined based on discussion with french counsel that it is remote that we will be liable for the unsatisfied liabilities of taag as a result of the insolvency process in france , and as a result , we have eliminated any respective liability as of june 30 , 2015. we provide on-demand access to scientific , technical , and medical ( “ stm ” ) information for life science companies , academic institutions , and other research-intensive organizations . we provide two types of services to our customers : article galaxy , and reprints and eprints . 16 article galaxy article galaxy , our cloud-based software-as-a-service ( “ saas ” ) solution , provides our customers with a single source to the universe of published stm content that includes over seventy million existing stm articles and over one million newly published stm articles each year . article galaxy allows customers to find and download in digital format stm articles that are critical to their research . in addition , article galaxy facilitates customers ' compliance with applicable copyright laws . researchers and regulatory personnel in life science and other research-intensive organizations generally require single copies of published stm journal articles for use in their research activities . they place orders with us for the articles they need and we source and electronically deliver the requested content to them generally in under an hour . this service is known in the industry as single article delivery or document delivery . we also obtain the necessary permissions from the content publisher so that our customer 's use complies with applicable copyright laws . we have arrangements with numerous content publishers that allow us to distribute their content . the majority of these publishers provide us with electronic access to their content , which allows us to electronically deliver single articles to our customers often in a matter of minutes . even though single article delivery services are charged on a transactional basis , customer order volume tends to be consistent from month to month in part due to consistent orders of larger customers that require the implementation of our services into their work flow , subject to fluctuations due to the addition or loss of customers . we deliver research solutions through our article galaxy journal article platform ( “ article galaxy ” ) . we have developed proprietary software and internet-based interfaces that allow customers to initiate orders , manage transactions , obtain reporting , automate authentication , improve seamless connectivity to corporate intranets , and enhance the information resources they already own , or have access to via subscriptions or internal libraries , as well as organize workgroups to collaborate around scientific information . as a cloud-based saas solution , article galaxy is deployed as a single system across our entire customer base . customers access article galaxy securely through online web interfaces and via web service apis , which enable customers to leverage article galaxy features and functionality from within proprietary and other 3rd party software systems . story_separator_special_tag allowance for doubtful accounts we evaluate the collectability of our trade accounts receivable based on a number of factors . in circumstances where we become aware of a specific customer 's inability to meet its financial obligations to us , we estimate and record a specific reserve for bad debts , which reduces the recognized receivable to the estimated amount we believe will ultimately be collected . in addition to specific customer identification of potential bad debts , bad debt charges are recorded based on our historical losses and an overall assessment of past due trade accounts receivable outstanding . we established an allowance for doubtful accounts of $ 69,731 and $ 49,467 as of june 30 , 2015 and 2014 , respectively . foreign currency the accompanying consolidated financial statements are presented in united states dollars , the functional currency of our company . capital accounts of foreign subsidiaries are translated into us dollars from foreign currencies at their historical exchange rates when the capital transactions occurred . assets and liabilities are translated at the exchange rate as of the balance sheet date . income and expenditures are translated at the average exchange rate of the period . although the majority of our revenue and costs are in us dollars and the costs of reprints desk latin america are in mexican pesos . as a result , currency exchange fluctuations may impact our revenue and the costs of our operations . we currently do not engage in any currency hedging activities . the following table summarizes the exchange rates used : replace_table_token_3_th 18 quarterly information ( unaudited ) the following table sets forth unaudited and quarterly financial data for the four quarters of fiscal years 2015 and 2014 : replace_table_token_4_th comparison of the years ended june 30 , 2015 and 2014 results of operations replace_table_token_5_th 19 revenue replace_table_token_6_th article galaxy revenue increased $ 2,703,459 , or 14.5 % , for the year ended june 30 , 2015 compared to the prior year , primarily due to a net increase in orders resulting from the acquisition of new customers . single article delivery services generate nearly all of the revenue attributable to the article galaxy journal article platform . even though single article delivery services are charged on a transactional basis , customer order volume tends to be consistent from month to month in part due to consistent orders of larger customers that require the implementation of our services into their work flow , subject to fluctuations due to the addition or loss of customers . revenue from reprints and eprints increased $ 713,509 , or 7.3 % , for the year ended june 30 , 2015 compared to the prior year , primarily due to a net increase in orders from current and new customers . reprints and eprints are charged on a transactional basis and order volume typically fluctuates from month to month based on customer marketing budgets and the existence of stm journal articles that fit customer requirements . total revenue increased 3,416,968 , or 12.0 % , for the year ended june 30 , 2015 compared to the prior year , for the reasons described above . cost of revenue replace_table_token_7_th replace_table_token_8_th 20 * the difference between current and prior period cost of revenue as a percentage of revenue cost of revenue as a percentage of revenue from article galaxy decreased to 75.5 % , for the year ended june 30 , 2015 compared to 75.9 % , for the prior year , primarily due to slightly reduced production expenses and decreased content acquisition costs . cost of revenue as a percentage of revenue from reprints and eprints increased to 91.0 % , for the year ended june 30 , 2015 compared to 90.3 % , for the prior year , primarily due to increased content acquisition costs . total cost of revenue as a percentage of revenue decreased to 80.6 % , for the year ended june 30 , 2015 compared to 80.9 % , for the prior year . gross profit replace_table_token_9_th replace_table_token_10_th * the difference between current and prior period gross profit as a percentage of revenue operating expenses replace_table_token_11_th selling , general and administrative selling , general and administrative expenses decreased $ 353,972 or 6.0 % , for the year ended june 30 , 2015 compared to the prior year , primarily due to a decrease in professional service fees . depreciation and amortization for the year ended june 30 , 2015 , depreciation and amortization expense was $ 174,819 , compared to $ 219,934 for the prior year , a decrease of $ 45,115. the amounts recorded were split between depreciation of property and equipment , and amortization of a customer list that was fully amortized in november 2014. interest expense for the year ended june 30 , 2015 , interest expense was $ 18,056 , compared to $ 13,817 for the prior year , an increase of $ 4,239 . 21 provision for income taxes during the years ended june 30 , 2015 and 2014 , we recorded a provision for income taxes of $ 30,892 and $ 16,099 , respectively . the increase in the provision was primarily due to an increase in mexican income taxes . net income ( loss ) replace_table_token_12_th loss from continuing operations decreased $ 541,947 or 50.0 % , for the year ended june 30 , 2015 compared to the prior year , primarily due to increased gross profit as described above . total net loss decreased $ 2,640,637 or 141.5 % , for the year ended june 30 , 2015 compared to the prior year , primarily due to increased gross profit and a net gain of $ 1,316,404 from the deconsolidation of our former french subsidiary . story_separator_special_tag sublease , and ( gain ) loss on sale of fixed assets . management considers our core operating performance to be that which our managers can affect in any particular period through their management

liquidity and capital resources replace_table_token_13_th liquidity we believe that our current cash resources , our borrowing availability under our existing line of credit , and expected cash flow will be sufficient to sustain operations for the next twelve months . since our inception , we have funded our operations primarily through private sales of equity securities and the exercise of warrants , which have provided aggregate net cash proceeds to date of approximately $ 11,188,000. as of june 30 , 2015 , we had working capital of $ 1,000,107 and stockholders ' equity of $ 1,092,816. for the year ended june 30 , 2015 , we recorded net income of $ 774,219 , cash used in operating activities from continuing operations was $ 297,392 , and cash used in operating activities of discontinued operations was $ 34,503. we may incur losses for an indeterminate period and may never sustain profitability . we may be unable to achieve and maintain profitability on a quarterly or annual basis . an extended period of losses and negative cash flow may prevent us from successfully operating and expanding our business . as of june 30 , 2015 , we had cash and cash equivalents of $ 1,354,158 , compared to $ 1,884,667 as of june 30 , 2014 , a decrease of $ 530,509. this decrease was primarily due to cash used in operating activities from continuing operations .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources replace_table_token_13_th liquidity we believe that our current cash resources , our borrowing availability under our existing line of credit , and expected cash flow will be sufficient to sustain operations for the next twelve months . since our inception , we have funded our operations primarily through private sales of equity securities and the exercise of warrants , which have provided aggregate net cash proceeds to date of approximately $ 11,188,000. as of june 30 , 2015 , we had working capital of $ 1,000,107 and stockholders ' equity of $ 1,092,816. for the year ended june 30 , 2015 , we recorded net income of $ 774,219 , cash used in operating activities from continuing operations was $ 297,392 , and cash used in operating activities of discontinued operations was $ 34,503. we may incur losses for an indeterminate period and may never sustain profitability . we may be unable to achieve and maintain profitability on a quarterly or annual basis . an extended period of losses and negative cash flow may prevent us from successfully operating and expanding our business . as of june 30 , 2015 , we had cash and cash equivalents of $ 1,354,158 , compared to $ 1,884,667 as of june 30 , 2014 , a decrease of $ 530,509. this decrease was primarily due to cash used in operating activities from continuing operations .
```    
 Suspicious Activity Report : on february 28 , 2007 , we entered into an agreement with pools press , inc. , an illinois corporation ( “ pools ” ) , pursuant to which we acquired 75 % of the issued and outstanding common stock of pools for consideration of $ 616,080. we purchased the remaining interest in pools that we did not already own on august 31 , 2010. the results of pools ' operations have been included in our consolidated financial statements since march 1 , 2007. on january 1 , 2012 , pools merged with and into reprints desk . pools provided printing services , specializing in reprints , until operations were discontinued in june 2013. on march 31 , 2011 , we entered into an agreement with fimmotaag , s.p.a. ( “ fimmotaag ” ) , a privately held company domiciled in france , pursuant to which we acquired 100 % of the issued and outstanding common stock of taag in exchange for 336,921 shares of our common stock in addition to future payments payable at the option of fimmotaag in cash or our common stock under the terms of the purchase agreement . on march 28 , 2013 , we entered into a settlement agreement with fimmotaag and its two principal owners ( the “ settlement agreement ” ) , pursuant to which fimmotaag agreed to return 336,921 shares of our common stock to us and to forego future payments payable to fimmotaag by us pursuant to the terms of the agreement under which we acquired taag from fimmotaag . on august 18 , 2014 , our board of directors authorized the immediate disposal of our former subsidiary taag at a reasonable price in relation to its current fair value , and in the event such sale was not consummated by september 10 , 2014 , that management proceed with an insolvency filing by taag under french law . on september 15 , 2014 , the french tribunal de commerce appointed an administrator for taag following a declaration of insolvency by our legal representative , and on october 6 , 2014 taag entered into a judicial liquidation procedure . as a result , effective september 15 , 2014 , we relinquished control of taag to the tribunal and taag ceased to be our subsidiary and was deconsolidated from our financial statements . in accordance with consolidation guidance we derecognized the assets , liabilities and other comprehensive income of taag with a resulting non-cash gain on deconsolidation of $ 1,711,748 recorded on the consolidated statements of operations for the year ended june 30 , 2015. in addition , comparative information for prior periods have been restated to segregate the assets , liabilities , revenue , expenses , and cash flows related to taag as discontinued operations . we have determined based on discussion with french counsel that it is remote that we will be liable for the unsatisfied liabilities of taag as a result of the insolvency process in france , and as a result , we have eliminated any respective liability as of june 30 , 2015. we provide on-demand access to scientific , technical , and medical ( “ stm ” ) information for life science companies , academic institutions , and other research-intensive organizations . we provide two types of services to our customers : article galaxy , and reprints and eprints . 16 article galaxy article galaxy , our cloud-based software-as-a-service ( “ saas ” ) solution , provides our customers with a single source to the universe of published stm content that includes over seventy million existing stm articles and over one million newly published stm articles each year . article galaxy allows customers to find and download in digital format stm articles that are critical to their research . in addition , article galaxy facilitates customers ' compliance with applicable copyright laws . researchers and regulatory personnel in life science and other research-intensive organizations generally require single copies of published stm journal articles for use in their research activities . they place orders with us for the articles they need and we source and electronically deliver the requested content to them generally in under an hour . this service is known in the industry as single article delivery or document delivery . we also obtain the necessary permissions from the content publisher so that our customer 's use complies with applicable copyright laws . we have arrangements with numerous content publishers that allow us to distribute their content . the majority of these publishers provide us with electronic access to their content , which allows us to electronically deliver single articles to our customers often in a matter of minutes . even though single article delivery services are charged on a transactional basis , customer order volume tends to be consistent from month to month in part due to consistent orders of larger customers that require the implementation of our services into their work flow , subject to fluctuations due to the addition or loss of customers . we deliver research solutions through our article galaxy journal article platform ( “ article galaxy ” ) . we have developed proprietary software and internet-based interfaces that allow customers to initiate orders , manage transactions , obtain reporting , automate authentication , improve seamless connectivity to corporate intranets , and enhance the information resources they already own , or have access to via subscriptions or internal libraries , as well as organize workgroups to collaborate around scientific information . as a cloud-based saas solution , article galaxy is deployed as a single system across our entire customer base . customers access article galaxy securely through online web interfaces and via web service apis , which enable customers to leverage article galaxy features and functionality from within proprietary and other 3rd party software systems . story_separator_special_tag allowance for doubtful accounts we evaluate the collectability of our trade accounts receivable based on a number of factors . in circumstances where we become aware of a specific customer 's inability to meet its financial obligations to us , we estimate and record a specific reserve for bad debts , which reduces the recognized receivable to the estimated amount we believe will ultimately be collected . in addition to specific customer identification of potential bad debts , bad debt charges are recorded based on our historical losses and an overall assessment of past due trade accounts receivable outstanding . we established an allowance for doubtful accounts of $ 69,731 and $ 49,467 as of june 30 , 2015 and 2014 , respectively . foreign currency the accompanying consolidated financial statements are presented in united states dollars , the functional currency of our company . capital accounts of foreign subsidiaries are translated into us dollars from foreign currencies at their historical exchange rates when the capital transactions occurred . assets and liabilities are translated at the exchange rate as of the balance sheet date . income and expenditures are translated at the average exchange rate of the period . although the majority of our revenue and costs are in us dollars and the costs of reprints desk latin america are in mexican pesos . as a result , currency exchange fluctuations may impact our revenue and the costs of our operations . we currently do not engage in any currency hedging activities . the following table summarizes the exchange rates used : replace_table_token_3_th 18 quarterly information ( unaudited ) the following table sets forth unaudited and quarterly financial data for the four quarters of fiscal years 2015 and 2014 : replace_table_token_4_th comparison of the years ended june 30 , 2015 and 2014 results of operations replace_table_token_5_th 19 revenue replace_table_token_6_th article galaxy revenue increased $ 2,703,459 , or 14.5 % , for the year ended june 30 , 2015 compared to the prior year , primarily due to a net increase in orders resulting from the acquisition of new customers . single article delivery services generate nearly all of the revenue attributable to the article galaxy journal article platform . even though single article delivery services are charged on a transactional basis , customer order volume tends to be consistent from month to month in part due to consistent orders of larger customers that require the implementation of our services into their work flow , subject to fluctuations due to the addition or loss of customers . revenue from reprints and eprints increased $ 713,509 , or 7.3 % , for the year ended june 30 , 2015 compared to the prior year , primarily due to a net increase in orders from current and new customers . reprints and eprints are charged on a transactional basis and order volume typically fluctuates from month to month based on customer marketing budgets and the existence of stm journal articles that fit customer requirements . total revenue increased 3,416,968 , or 12.0 % , for the year ended june 30 , 2015 compared to the prior year , for the reasons described above . cost of revenue replace_table_token_7_th replace_table_token_8_th 20 * the difference between current and prior period cost of revenue as a percentage of revenue cost of revenue as a percentage of revenue from article galaxy decreased to 75.5 % , for the year ended june 30 , 2015 compared to 75.9 % , for the prior year , primarily due to slightly reduced production expenses and decreased content acquisition costs . cost of revenue as a percentage of revenue from reprints and eprints increased to 91.0 % , for the year ended june 30 , 2015 compared to 90.3 % , for the prior year , primarily due to increased content acquisition costs . total cost of revenue as a percentage of revenue decreased to 80.6 % , for the year ended june 30 , 2015 compared to 80.9 % , for the prior year . gross profit replace_table_token_9_th replace_table_token_10_th * the difference between current and prior period gross profit as a percentage of revenue operating expenses replace_table_token_11_th selling , general and administrative selling , general and administrative expenses decreased $ 353,972 or 6.0 % , for the year ended june 30 , 2015 compared to the prior year , primarily due to a decrease in professional service fees . depreciation and amortization for the year ended june 30 , 2015 , depreciation and amortization expense was $ 174,819 , compared to $ 219,934 for the prior year , a decrease of $ 45,115. the amounts recorded were split between depreciation of property and equipment , and amortization of a customer list that was fully amortized in november 2014. interest expense for the year ended june 30 , 2015 , interest expense was $ 18,056 , compared to $ 13,817 for the prior year , an increase of $ 4,239 . 21 provision for income taxes during the years ended june 30 , 2015 and 2014 , we recorded a provision for income taxes of $ 30,892 and $ 16,099 , respectively . the increase in the provision was primarily due to an increase in mexican income taxes . net income ( loss ) replace_table_token_12_th loss from continuing operations decreased $ 541,947 or 50.0 % , for the year ended june 30 , 2015 compared to the prior year , primarily due to increased gross profit as described above . total net loss decreased $ 2,640,637 or 141.5 % , for the year ended june 30 , 2015 compared to the prior year , primarily due to increased gross profit and a net gain of $ 1,316,404 from the deconsolidation of our former french subsidiary . story_separator_special_tag sublease , and ( gain ) loss on sale of fixed assets . management considers our core operating performance to be that which our managers can affect in any particular period through their management

