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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net loss $ (1,604,464) $ (4,265,115)
Adjustments to reconcile net loss to net cash used in operating activities:    
Shares issued for services 0 161,634
Depreciation 0 138,242
Option expense 96,554 342,713
Changes in:    
Other current assets 215,592 209,297
Accounts payable (371,092) (162,024)
Accrued expenses (290,739) 447,049
Deferred revenue 0 (1,452,582)
Other long-term assets 0 6,752
Net cash used in operating activities (1,954,149) (4,574,034)
Cash flows from investing activities    
Proceeds from sale of property & equipment 50,000 (1,221)
Net cash provided/(used) in investing activities 50,000 (1,221)
Cash flows from financing activities    
Common stock sold for cash net of offering cost 413,662 0
Note payable - insurance (130,110) (110,868)
Payment of deferred offering costs 0 (50,281)
Net cash provided/(used) in financing activities 283,552 (161,149)
Net change in cash and cash equivalents (1,620,597) (4,736,404)
Cash and cash equivalents at beginning of period 3,444,952 12,583,764
Cash and cash equivalents at end of period 1,824,355 7,847,360
Cash paid for:    
Interest 1,796 2,155
Income taxes 0 0
Non-cash transactions    
Subscription receivable – exercise of warrants $ 0 $ 57,985