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VALIDIAN CORPORATION AND SUBSIDIARIES Unaudited Interim Consolidated, Condensed Statements of Cash Flow - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net loss $ (1,767,653) $ (941,679)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of property and equipment 282 1,598
Stock-based compensation 330,453 97,952
Non-cash interest and financing expense 1,092,835 530,300
Increase (decrease) in cash resulting from changes in:    
Value added taxes recoverable 3,212 (12,108)
Prepaid expenses (5,000)  
Accounts payable and accrued liabilities (64,631) 18,843
Net cash used in operating activities (414,104) (305,094)
Cash flows from financing activities:    
Issuance of 10% senior convertible notes 545,000 133,000
Issuance of convertible promissory notes 203,500 211,500
Debt issuance costs (13,500) (11,500)
Repayment of promissory notes   (5,100)
Repayment of 10% senior convertible notes (244,108) (17,678)
Repayment of convertible promissory notes (134,000) (53,000)
Net cash provided by financing activities 356,892 257,222
Net increase (decrease) in cash and cash equivalents (57,212) (47,872)
Cash and cash equivalents Beginning of period 97,403 104,389
Cash and cash equivalents End of period [1] $ 40,191 $ 56,517
[1] Note 9, Supplementary information