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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Feb. 28, 2019
Feb. 28, 2018
Cash flows from operating activities    
Net loss $ (6,669,796) $ (5,251,793)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities    
Non-cash revenue received as available for sale securities (395,023) (611,657)
Investment loss (gain) on marketable securities (1,612,559) 0
Unrealized loss (gain) on equity securities (18,814) 0
Unrealized loss on cryptocurrencies 36,724 0
Stock compensation expenses 882,273 724,220
Depreciation and amortization 46,407 34,024
Changes in operating assets and liabilities    
Accounts receivable (9,270) (16,734)
Inventory (23,937) (110,802)
Other current assets (655,224) (224,995)
Accounts payable (109,053) (109,798)
Accrued interest 135,485 (18,000)
Deferred revenue (104,118) 319,311
Customer deposit 97,421 3,008
Other accrued liabilities 740 99,109
Net cash (used in) operating activities (8,398,744) (5,164,107)
Cash flows from investing activities    
Purchase of equipment (139,241) (206,016)
Sale of investments 75,000 0
Proceeds from sale of marketable securities 2,313,734 0
Net cash provided by (used in) investing activities 2,249,493 (206,016)
Cash flows from financing activities    
Proceeds from issuance of common stock 610,450 0
Proceeds of issuance of preferred stock, series D-2017 3,578,000 5,933,050
Payments made for preferred stock dividends (393,502) (306,627)
Investor deposits 0 (210,100)
Repayments of debts (995,140) (410,000)
Proceeds of issuance of new debts 4,259,800 995,140
Net cash provided by financing activities 7,059,608 6,001,463
Effects of currency translation on cash and cash equivalents (12,650) 11,079
Net increase in cash and cash equivalents 897,707 642,419
Cash and cash equivalents - beginning of period 1,390,258 1,770,729
Cash and cash equivalents - end of period 2,287,965 2,413,148
Supplemental cash flow disclosures    
Cash paid for interest 59,708 47,217
Cash paid for income taxes 0 0
Supplemental disclosure of non-cash activity    
Stock received for investor relations $ 379,050 $ 1,006,575