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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net loss $ (3,568,760) $ (2,190,332)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 853,165 72,584
Loss on disposal of equipment 216 1,249
Amortization of premium on marketable securities 0 343
Share-based compensation expense 225,198 323,304
Amortization of discount on related party debt 265,967 0
Long term incentive plan (29,176) 0
Tax expense (benefit) (1,414) 2,205
Deferred rent (2,669) 22,744
Changes in operating assets and liabilities:    
Accounts receivable, net 816,135 263,078
Inventories (43,959) (92,649)
Other current assets (50,717) (30,323)
Interest payable 76,211 0
Accounts payable (90,040) 49,797
Accrued compensation (421,327) 94,249
Accrued liabilities, other (1,035,323) (65,795)
Accrued pension liability, net 39,745 44,081
Deferred revenue 72,080 0
Net cash used in operating activities (2,894,668) (1,505,465)
Cash flows from investing activities:    
Proceeds from maturity of available-for-sale investments 0 3,050,000
Purchases of property, plant and equipment (395,387) (52,739)
Net cash provided by investing activities (395,387) 2,997,261
Cash flows from financing activities:    
Proceeds from exercise of stock options 0 48,600
Net cash provided by financing activities 0 48,600
Effect of exchange rate changes on cash and cash equivalents 24,397 (315)
Net increase (decrease) in cash and cash equivalents (3,265,658) 1,540,081
Cash and cash equivalents at beginning of period 9,261,903 8,681,609
Cash and cash equivalents at end of period 5,996,245 10,221,690
Cash paid during the period for income taxes 17,578 38,700
Cash paid during the period for interest $ 1,400 $ 0