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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (1,270,369) $ (1,108,945)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation expense 176 (25)
Stock based compensation 607,795 500,877
Change in fair value of the derivative liability (18,222) (12,544)
(Gain) loss on sale of marketable securities (1,568) 92
Changes in operating assets and liabilities    
Prepaid expenses 88,500 60,417
Accounts payable and accrued expenses (10,076) (44,148)
NET CASH USED IN OPERATING ACTIVITIES (603,764) (604,276)
CASH FLOWS PROVIDED BY INVESTING ACTIVITIES    
Sale of marketable securities 2,220,000 720,000
Purchase of marketable securities (1,777,355) (2,549,179)
NET CASH PROVIDED BY INVESTING ACTIVITIES 442,645 (1,829,179)
Effect of exchange rate on cash and cash equivalents (2,555) (39,118)
NET DECREASE IN CASH AND CASH EQUIVALENTS (163,674) (2,472,573)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 399,687 3,100,398
CASH AND CASH EQUIVALENTS, END OF PERIOD 236,013 627,825
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest expense
Cash paid for income taxes
NONCASH TRANSACTIONS    
Unrealized (gain) loss on marketable securities $ (4,893) $ 3,163