Cash Flow

v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended 89 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Sep. 30, 2017
Cash Flows From Operating Activities            
Net Loss $ (5,157,284) $ (1,992,612) $ (11,185,150) $ (5,389,921) $ (7,215,820) $ (45,735,882)
Net loss from discontinued operations     493,664      
Net Loss From Continuing Operations (5,157,284) (1,992,612) (10,691,486) (5,389,921)    
Adjustments to reconcile net loss to net cash used in operating activities:            
Depreciation and amortization     327,869 227,883    
Amortization of Debt Discounts     31,002 10,424 10,424  
Common stock issued in conjunction with contracts     231,370      
Warrants issued in conjunction with advances     27,945      
Share based compensation     25,313      
Changes in operating assets and liabilities:            
Change in Accounts Receivable       20,450    
Change in Inventory     (26,068)      
Change in Prepaid Expenses     (195,534) 89,937    
Change in Accounts Payable and accrued expenses     251,492 610,592    
Change in Accounts Payable and accrued expenses - Related Party     (325,058) 115,740    
Change in Accrued Interest     1,035 1,352,335    
Change in Accrued Interest - Related Party     509,792 489,966    
Change in Deferred Revenue     (9,197) (4,237)    
Change in Wages Payable     4,527,900 921,425    
Net Cash Used in Operating Activities, Continuing Operations     (5,313,625) (1,555,406)    
Net Cash Provided by Operating Activities, Discontinued Operations     45,028      
Net Cash Used in Operating Activities     (5,268,597) (1,555,406)    
Cash Flows From Investing Activities            
Proceeds from business acquisition     10,559      
Purchases of Intangible Assets     (935,932) (408,172)    
Net Cash Used in Investing Activities, Continuing Operations     (925,373) (408,172)    
Net Cash Used in Investing Activities     (925,373) (408,172)    
Cash Flows From Financing Activities            
Proceeds from sale of common stock     8,392,451      
Proceeds from sale of preferred stock     275,000 1,152,000    
Proceeds from warrant exercise     10,000      
Proceeds from Subscriptions Payable       1,185,000    
Proceeds from issuance of short term convertible notes     100,000      
Proceeds from advances - related party     115,000      
Repayments of short term notes     (38,989)      
Repayments of short term convertible notes     (100,000)      
Repayments on long term debt     (333,342)      
Net Cash Provided by Financing Activities, Continuing Operations     8,420,120 2,337,000    
Net Cash Used in Financing Activities, Discontinued Operations     (54,735)      
Net Cash Provided by Financing Activities     8,365,385 2,337,000    
Net Increase In Cash     2,171,415 373,422    
Cash, Beginning of Period     57,033 3,020 3,020  
Cash, End of Period $ 2,228,448 $ 376,442 2,228,448 376,442 $ 57,033 $ 2,228,448
NON-CASH INVESTING AND FINANCING ACTIVITIES            
Wages Payable Included in Capitalized Intangible Assets     168,465 764,362    
Wages payable settled with common stock     13,238,453      
Common stock converted to preferred stock     500      
Business acquisition     483,957      
Warrants issued in conjunction with debt agreements     31,002      
Warrants issued and expensed in conjunction with advances     27,945      
Supplemental Disclosure of Cash Flow Information:            
Cash paid for interest     15,502      
Cash paid for income taxes        

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