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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net loss $ (4,226,617) $ (1,983,711)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 8,246 17,506
Depreciation and amortization 6,527 4,641
Change in fair value of derivative instrument-warrants 9,680 (195,917)
Change in fair value of contingent consideration 30,000 100,000
Change in fair value of debt   59,641
Non-cash interest expense   23,906
Amortization of debt discount recorded as interest expense   69,516
Changes in operating assets and liabilities:    
Accounts payable and accrued expense 277,715 (46,188)
Prepaid expenses and other assets (783,513) (107,821)
Net cash used in operating activities (4,677,962) (2,058,427)
Cash flows from investing activities:    
Purchase of property and equipment   (37,849)
Proceeds from disposal of property and equipment 2,194  
Net cash provided by (used in) investing activities 2,194 (37,849)
Cash flows from financing activities:    
Proceeds from the issuance of common stock, net of issuance costs 6,788,465  
Proceeds from the exercise of warrants 12,000  
Proceeds from issuance of short term debt and common stock   1,250,000
Repayment of debt financing   (303,547)
Net cash provided by financing activities 6,800,465 946,453
Net increase (decrease) in cash 2,124,697 (1,149,823)
Cash at beginning of period 13,922,972 2,832,429
Cash at end of period $ 16,047,669 1,682,606
Supplementary disclosure of cash flow information:    
Cash paid for interest   8,953
Supplementary disclosure of non-cash financing activities:    
Conversion of Series C convertible preferred stock (part of Series C deemed dividend)   46,000
Accretion of Series C preferred stock discount upon conversion   24,321
Issuance of common stock for debt redemption   126,094
Adoption of lease accounting   $ 733,374