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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows provided by (used in) operating activities    
Net income (loss) $ 11,593,050 $ (21,195,316)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 60,809 2,556
Operating leases amortization 176,980  
Issuance of common stock for services 0 732,249
Stock based compensation from issuance of options 3,197,384 5,760,432
(Gain) loss on settlement of debt (16,503) 49,983
Changes in assets and liabilities:    
Accounts receivable (2,729,050) 7,207,359
Prepaid expenses and other current assets (788,194) 465,705
Accounts payable and accrued liabilities 361,223 (1,924,032)
License fees payable (8,100,000) 8,100,000
Accrued salaries and wages 154,017 370,155
Decrease in operating lease liabilities (173,826)  
Royalty payable 621,877 (409,707)
Deferred revenue (293,877) 317,644
Net cash provided by (used in) operating activities 4,063,890 (522,972)
Cash flows used in investing activities    
Purchase of property and equipment (302,475) 0
Net cash used in investing activities (302,475) 0
Cash flows provided by financing activities    
Proceeds from exercise of options and warrants 2,675,420 34,000
Payment of financing costs (70,000) (166,419)
Proceeds from sale of common stock 0 17,153,126
Net cash provided by financing activities 2,605,420 17,020,707
Net increase in cash and cash equivalents 6,366,835 16,497,735
Cash and cash equivalents, beginning of year 24,613,638 8,115,903
Cash and cash equivalents, end of year 30,980,473 24,613,638
Supplemental disclosure    
Taxes paid during the year 800 174,000
Non-Cash Investing and Financing Transactions    
Cashless exercise of options 19 50
Issuance of common stock to net profit partner 0 1,600,000
Issuance of common stock as settlement of liability 160,906 100,000
Right of use assets obtained in exchange for new lease obligations 948,575  
Offset of deferred financing costs against APIC $ 0 $ 209,042