XML 40 R6.htm IDEA: XBRL DOCUMENT v3.20.1
Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net loss $ (1,971,531) $ (2,122,820)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation 30,119 24,912
Non-cash lease expense 585,586 567,857
Share-based compensation 722,312 147,923
Changes in operating assets and liabilities:    
Accounts receivable 714,499 (218,359)
Inventories (1,322,610) (117,468)
Prepaid expenses and other current assets 80,419 189,686
Long term receivables (95,483)
Other assets 21,429 41,194
Accounts payable (96,800) 656,870
Accrued liabilities (378,907) (368,794)
Deferred revenue 130,691 (182,265)
Operating lease liability (585,489) (567,857)
Other liabilities 172,180
Net cash used in operating activities (2,165,765) (1,776,941)
Cash flows from investing activities    
Purchase of equipment (9,833)
Net cash used in investing activities (9,833)
Cash flows from financing activities    
Proceeds from issuance of stock, net of issuance costs 8,373 31,518
Net cash provided by financing activities 8,373 31,518
Net decrease in cash and cash equivalents (2,157,392) (1,755,256)
Cash and cash equivalents at beginning of period 30,182,115 10,796,072
Cash and cash equivalents at end of period $ 28,024,723 $ 9,040,816