General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net loss $ (7,586,901) $ (3,085,774) $ (8,299,692) $ (5,872,268)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization expense 25,937 28,372 38,295 34,545
Bad debt expense (recovery) (915) 16,894 71,582
Amortization of debt discount to interest expense 40,691 1,667 2,917
Stock-based compensation 5,101,319 2,111,620 6,772,752 4,365,964
Stock-based professional fees 80,417    
Settlement expense 200,000    
Loss on debt extinguishment 380,171    
Change in operating assets and liabilities:        
Accounts receivable 35,777 (74,004) (37,757) (49,851)
Inventory 1,470 10,239 458 25,252
Prepaid expenses and other assets 771 (10,536) (771) 4,000
Accounts payable 207,693 77,222 99,542 (94,119)
Accrued expenses 1,389 615 79,153 (9,679)
Accrued compensation 37,321 126,248 243,701 (109,057)
NET CASH USED IN OPERATING ACTIVITIES (1,474,860) (814,331) (1,084,508) (1,633,631)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Cash acquired in recapitalization 187,401    
Purchases of property and equipment (3,453) (3,454) (31,327)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 187,401 (3,453) (3,454) (31,327)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Proceeds from sale of common shares     437,500 1,000,000
Proceeds from sale of stock 1,267,500 100,000    
Proceeds from exercise of stock options 110,000 50,000
Repayment of convertible note payable (260,000) (50,000)
Proceeds from convertible note payable 260,000 150,000 150,000
Proceeds from subscription receivable     950,000
NET CASH PROVIDED BY FINANCING ACTIVITIES 1,377,500 250,000 537,500 2,000,000
NET INCREASE (DECREASE) IN CASH 90,041 (567,784) (550,462) 335,042
CASH, beginning of period 46,448 596,910 596,910 261,868
CASH, end of period 136,489 29,126 46,448 596,910
Cash paid for:        
Interest 6,696 675
Income taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:        
Beneficial conversion feature reflected in debt discount 260,000 10,000 $ 10,000
Common stock issued as prepaid for services 18,333    
Common stock issued for accrued compensation 392,577    
Exercise of stock options for accrued compensation 20,575    
Common stock issued for debt and accrued interest 105,833    
Common stock issued for accrued settlement $ 114,915