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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (10,025,047) $ (8,346,314)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization 123,260 32,992
Stock based compensation 104,343 42,559
Common stock issued in exchange for services 22,751
Impairment of digital assets 1,079 187,679
Realized loss (gain) on sale of digital assets 90,940 (80,233)
Issuance of digital assets as compensation 2,627,132
Gain on issuance of AirTokens for services (657,523) (702,864)
Changes in Assets and Liabilities:    
Accounts receivable 242,539 (232,099)
Prepaid expenses and other current and long-term assets (1,752,095) (613,557)
Accounts payable 447,371 (309,794)
Accrued liabilities and other current liabilities 287,372 1,036,778
Deferred revenue 256,000
AirToken refund liability (interest portion) 369,495
Net cash used in operating activities (10,745,515) (6,101,721)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of short-term investments (100,576)
Purchase of property and equipment (1,077)
Proceeds from disposal of digital assets 14,333,288
Proceeds received and establishment of AirToken Obligation 113,979
Acquisition of intangible assets (1,722,766) (205,523)
Net cash used in investing activities (1,824,419) 14,241,744
CASH FLOWS FROM FINANCING ACTIVITIES:    
Purchase of treasury stock (240,000)
Proceeds from convertible notes 10,000,000
Simple agreement for future equity agreements 50,000
Proceeds from exercise of options 3,000
Net cash provided by financing activities 10,003,000 (190,000)
Effect of exchange rate changes on cash and cash equivalents (870) (300)
Net change in cash (2,567,804) 7,949,723
Cash and cash equivalents, beginning of year 8,019,152 69,429
Cash and cash equivalents, end of year 5,451,348 8,019,152
Supplemental disclosure of non-cash transactions:    
Receipt of digital currencies and establishment of AirToken Obligation 4,936,298
Issuance of SAFE in satisfaction of accounts payable 189,899
AirToken refund liability 3,241,948
AirToken obligation (15,402,277)
Deferred revenue - AirToken project $ 12,529,824