v3.19.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,135,420) $ (1,047,864)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 11,262 9,605
Stock based compensation 180,375 129,625
Bad debt expense on note receivable and accrued interest 89,036
Changes in assets and liabilities:    
Accounts receivable 21,743 (86,043)
Inventories 57,378 112,191
Deposits and other assets (117,271)
Prepaid expenses 914 990
Accrued payroll and payroll related expenses 35,662 32,926
Accounts payable and accrued expenses (373,962) (61,491)
Accrued separation costs (2,250)
Net cash used in operating activities (1,204,298) (938,296)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Increase in intangible assets (11,100) (5,238)
Net cash used in investing activities (11,100) (5,238)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the issuance of common stock 45,000
Proceeds from the issuances of notes payable 1,000,000
Net cash provided by financing activities 1,045,000
NET DECREASE IN CASH (170,398) (943,534)
BEGINNING OF THE PERIOD 243,753 2,236,837
END OF THE PERIOD 73,355 1,293,303
SUPPLEMENTAL DISCLOSURES:    
Cash paid for interest 10,967 881
Cash paid for income taxes
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Settlement of receivables with payables 49,956
Purchases of inventory in accounts payable
Right to use assets funded through leases $ 30,813

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