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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities    
Net (Loss) $ (9,918,150) $ (1,550,305)
Non-Cash Adjustments    
Depreciation and Amortization 226,472 260,823
Amortization of Software Development Costs in cost of sales products 214,838 0
Common Stock Awards Compensation Expense 1,669,700 0
Stock-Based Option Compensation Expense 401,863 201,671
Amortization of Term Debt Discount 635,949 294,191
Amortization of Debt Issuance Costs 34,740 15,112
Common Stock and Warrants Issued for Services 984,559 0
(Gain) Loss on Derivative Valuation 968,467 (2,124,878)
(Increase) Decrease in Operating Assets    
Accounts Receivable (281,034) 97,441
Inventories (849,958) (127,812)
Vendor Prepayments (1,122,184) 0
Prepaid Expenses and Other Assets (33,579) 138,763
Increase (Decrease) in Operating Liabilities    
Accounts Payable (1,785,638) (678,576)
Accrued Expense 16,410 80,044
Customer Deposits (100,016) 6,484
Unearned Revenue 20,628 0
Income and Other Taxes Payable (25,630) (29,051)
Accrued Interest 67,858 65,757
Net Cash Flows Used in Operating Activities (8,874,705) (3,350,336)
Cash Flows from Investing Activities    
Purchases of Tooling and Equipment (553,448) (189,558)
Purchases of Marketable Securities 0 0
Investments in Software 0 (643,790)
Investments in Patents and Trademarks (166,305) (68,884)
Net Cash Used in Investing Activities (719,753) (902,232)
Cash Flows from Financing Activities    
Proceeds from Exercise of Warrants 1,262,626 1,928,241
Repayment of Capital Leases (16,882) (19,760)
Repayment of Long-Term Debt and Notes Payable (150,362) (262,411)
Proceeds from Senior Convertible Debt 0 3,000,000
Issuance Costs on Senior Convertible Debt 0 (139,340)
Proceeds from Preferred Stock Offering 24,813,000 0
Issuance Costs on Preferred Stock Offering (214,169) 0
Net Change in Lines of Credit (112,500) 0
Net Cash Flows Provided by Financing Activities 25,581,713 4,506,730
Net Increase in Cash and Cash Equivalents 15,987,255 254,162
Cash and Cash Equivalents - Beginning of Period 84,967 310,140
Cash and Cash Equivalents - End of Period 16,072,222 564,302
Supplemental Disclosures    
Interest Paid 21,690 67,942
Common Stock and Warrants Issued for Services, Initially as Prepaid Expense 898,537 235,912
Unamortized Discount upon Conversion of Term Debt   214,536
Discount on Senior Convertible Debt attributed to embedded Conversion Price Adjustment Option 0 1,938,988
Reclassification of Derivative Liability to Paid-In Capital upon Waiver of Certain Anti-Dilutive Provisions of Warrants and Convertible Debt 11,543,354 0
Conversion of Long-Term Debt and Accrued Compensation into Common Stock 427,500 600,000
Reclassification of Derivative to Additional Paid-In Capital upon Note Conversions and Warrant Exercises $ 2,855,463 $ 1,927,120