XML 25 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flow From Operating Activities:    
Net Loss $ (1,038,444) $ (4,271,805)
Adjustments to Reconcile Net loss to Net Cash Used In Operating Activities:    
Depreciation and Amortization $ 133,267 125,253
Amortization of Deferred Financing Costs 84,450
Amortization of Debt Discount 963,348
Fair Value Adjustment of Derivative Liability 2,673,148
Equity Based Compensation $ 281,628 97,301
Value of Equity Issued for Services 145,194 31,001
Reserve for Bad Debts 30,000 482
Decrease (increase) in:    
Accounts Receivable (232,887) (171,166)
Inventory (1,761,346) (139,072)
Prepaid Expenses (37,563) $ (5,650)
Deposits on Merchandise $ 205,012
Other Assets $ 31
Deposits 1,853
Increase (Decrease) in:    
Accounts Payable and Accrued Expenses $ 1,144,174 157,552
Accrued Interest (126,850)
Accrued Officers Compensation $ 36,542 9,000
Common Stock to be Issued 126,017 27,151
Deferred Rent (1,551) $ 3,027
Advances on Grant (23,783)
Customer Deposits (1,637) $ (97)
Net Cash Used in Operating Activities (995,376) (541,043)
Cash Flow From Investing Activities:    
Purchase of Property and Equipment (297,149) (9,793)
Net Cash Used in Investing Activities $ (297,149) (9,793)
Cash Flow From Financing Activities:    
Proceeds From Issuance of Common Stock and Warrants 510,213
Decrease in Bond Sinking Fund 105,060
Payment of Finder's Fee (51,000)
Net Cash Provided by Financing Activities 564,273
Increase (Decrease) In Cash and Cash Equivalents $ (1,292,525) 13,437
Cash and Cash Equivalents - Beginning 5,916,068 160,560
Cash and Cash Equivalents - Ending $ 4,623,543 173,997
Supplemental Cash Flow Information:    
Cash Paid For Interest 253,700
Cash Paid For Income Taxes $ 800 800
Non-Cash Investing and Financing Activities    
Common Stock Finder's Fee Accrual $ 15,312