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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2017
Cash flows from operating activities      
Net loss $ (1,684,643) $ (1,736,020)  
Adjustments to reconcile net loss to net cash from operating activities:      
Depreciation and amortization 37,254 343  
Non-cash lease expense 117,895 0  
Stock based compensation from issuance of options 686,599 1,065,852  
Change in assets and liabilities:      
Accounts receivable 3,013,061 2,533,489  
Prepaid and other current assets 24,489 (253,766)  
Accounts payable and accrued liabilities 144,786 348,986  
Accrued salaries and wages (630,306) (465,876)  
Lease liabilities (117,122) 0  
Royalty payable (686,178) (684,487)  
Deferred revenue (75,853) (455,055)  
License fees 0 (1,800,000)  
Net cash provided by (used in) operating activities 829,982 (1,446,534)  
Cash flows from investing activities      
Proceeds from sale of property and equipment 6,596 0  
Net cash provided by in investing activities 6,596 0  
Cash flows provided by financing activities      
Proceeds from stock option and warrant exercises 685,101 601,250  
Net cash provided by financing activities 685,101 601,250  
Effect of foreign currency translation on cash (304,631) 0  
Net increase (decrease) in cash and cash equivalents 1,217,048 (845,284)  
Cash and cash equivalents, beginning of period 30,980,473 24,613,638  
Cash and cash equivalents, end of period 32,197,521 $ 23,768,354  
Non-Cash Transactions      
Cashless exercise of options $ 2   $ 0