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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (5,531,687) $ (5,014,804)
Adjustments to reconcile net loss to net cash flows provided by operating activities:    
Provision for loss on accounts receivable 47,568 10,403
Loss on disposal of equipment and deposits on equipment 90,873 158,612
Share-based compensation 2,159,510 2,671,418
Fair value adjustment for outstanding warrants 378,681 28,175
Change in reserve for inventory obsolescence 104,572 128,112
Depreciation and amortization 6,195,619 4,237,677
Amortization of deferred financing costs and loan discount 81,502 72,069
Changes in operating assets and liabilities    
Accounts receivable (2,675,424) (1,205,900)
Inventories (2,387,938) (1,139,291)
Prepaid expenses and other current assets (336,634) (562,498)
Other assets (147,201) (160,372)
Accounts payable 1,369,961 1,534,916
Accrued expenses 542,836 2,685,756
Net cash flows provided by (used in) operating activities (107,762) 3,444,273
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities of short-term investments   3,250,000
Acquisitions of property, plant and equipment, software and deposits on equipment (7,169,300) (21,248,425)
Proceeds from sale of equipment   10,672
Net cash flows used in investing activities (7,169,300) (17,987,753)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Exercise of options to purchase common stock 3,544,069 233,156
Proceeds from borrowings under Credit Facilities 2,000,000 8,000,000
Repayment of borrowings under Credit Facilities (1,500,000)  
Net cash flows provided by financing activities 4,044,069 8,233,156
NET CHANGE IN CASH AND CASH EQUIVALENTS (3,232,993) (6,310,324)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 3,908,177 8,029,413
CASH AND CASH EQUIVALENTS, END OF PERIOD 675,184 1,719,089
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 296,116 131,302
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Property, plant and equipment purchases in accounts payable $ 769,825 $ 1,232,743