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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net loss $ (6,176,416) $ (8,661,792)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 181,332 295,178
Noncash lease expense 171,718 213,539
Stock option expense 190,380 2,687,529
Issuance of common stock for services 135,870
Restricted stock compensation 176,775 71,916
Bad debt expense 109,302
Loss on disposition of asset 41,108 12,618
Loss from investment in unconsolidated affiliate 5,350 4,215
Change in operating assets and liabilities:    
Accounts receivable 19,441 (18,752)
Inventories (331,305) (99,452)
Prepaid expenses and other current assets 264,481 (49,464)
Other assets (5,768) (6,926)
Accounts payable, accrued expenses and other current liability 378,046 (93,223)
Deferred income 28,934 162,495
Lease liability – operating lease (195,366) (210,194)
Other non-current liabilities (19,261) 15,015
Net cash used in operating activities (5,025,379) (5,677,298)
Investing activities:    
Purchase of equipment (34,875) (214,524)
Acquisition of Dripkit (413,069)
Net cash used in investing activities (34,875) (627,593)
Financing activities:    
Proceeds from issuance of common stock, exercise of options 12,600
Repayment of loans (5,932) (41,671)
Repayment of finance lease (21,729) (18,094)
Proceeds from issuance of common stock, ATM offering, net of issuance cost 95,256
Proceeds from issuance of common stock, exercise of warrants, net of issuance costs 1,702,596
Proceeds from issuance of equity securities, exempt offering, net of issuance costs 1,649,736
Cash paid for offering costs (368,783)
Net cash provided by (used in) financing activities (27,661) 3,031,640
Effect of foreign exchange on cash 53,287 (19,604)
Net change in cash (5,034,628) (3,292,855)
Cash, beginning of period 8,315,053 10,815,954
Cash, end of period 3,280,425 7,523,099
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,760 7,077
Cash paid for taxes 800
Non-cash transactions:    
ROU assets and liabilities added during the period 558,371
Common stock issued in acquisition of Dripkit 426,844
Forgiveness of stock issuance costs 40,000
Stock issuance costs accrued $ 273,762