XML 26 R6.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash Flow From Operating Activities:    
Net Loss $ (3,230,462) $ (3,639,815)
Adjustments to Reconcile Net Loss to Net Cash Used In Operating Activities:    
Depreciation and Amortization 634,671 607,127
Amortization of Debt Discount 38,091 6,279
Equity Based Compensation 31,522 635,223
Value of Equity Issued for Services 37,500 38,100
Induced Conversion Costs (57,201) 0
Reserve for Bad Debts (200,000) 200,000
Inventory Reserve 100,000 0
Gain on Disposition of Property and Equipment (150,000) 0
Decrease (increase) in:    
Accounts Receivable (109,673) (514,572)
Inventory 629,023 204,622
Prepaid Expenses (88,170) (165,971)
Deposits on Merchandise (109,441) 147,010
Security Deposits (6,695) 0
Increase (Decrease) in:    
Accounts Payable 381,919 15,851
Accrued Expenses 148,063 (11,277)
Accrued Interest (8,122) 80,000
Accrued Officer Compensation 70,000 0
Deferred Rent 9,168 (7,760)
Customer Deposits (1,576) (27,058)
Net Cash Used in Operating Activities (1,766,980) (2,432,241)
Cash Flow From Investing Activities:    
Purchase of Property and Equipment (628,085) (14,829)
Net Cash Used in Investing Activities (628,085) (14,829)
Cash Flow From Financing Activities:    
Proceeds from Exercise of Warrants 0 48,750
Repayment of Principal Balance on Convertible Note (150,000) 0
Proceeds from Convertible Notes 0 6,000,000
Net Cash Provided by Financing Activities (150,000) 6,048,750
Increase (Decrease) In Cash and Cash Equivalents (2,545,065) 3,601,679
Cash and Cash Equivalents - Beginning 4,550,003 948,324
Cash and Cash Equivalents - Ending 2,004,938 4,550,003
Supplemental Cash Flow Information:    
Cash Paid For Interest 230,000 111,256
Cash Paid For Income Taxes 800 800
Non-Cash Investing and Finance Activities:    
Establishment of discount on convertible debt 0 61,904
Transfer of equipment from inventory to property and equipment 107,846 323,805
Trademark Costs Reclassified to intangible assets, net 56,792 0
Establishment of Tenant Improvement Allowance 405,000 0
Abandonment of Fully Depreciated Property and Equipment 66,428 0
Common Stock Issued Upon Conversion of Note Payable and Accrued Interest $ 705,212 $ 0