XML 34 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Condensed Consolidated Statements of Cash Flows        
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES $ (457,740) $ (501,093) $ (679,026) $ (664,765)
Cash Flows From Investing Activities        
Purchases of property and equipment 0 27,437 42,681 41,375
Proceeds from sale of Property and Equipment 42,483 45,608 45,608 182,446
Increases in (decreases to) restricted cash 0 (65,529) (65,529) (1,063)
Collections on note receivable 0 0 0 895
Loan made to related party (120,000) 0 0 0
Net Cash Provided by (Used in) Investing Activities (77,517) 83,700 68,456 143,029
Cash Flows From Financing Activities        
Convertible debt issued, net of OID 736,550 0 121,000 0
Borrowngs under long-term debt 52,362 53,629 83,734 128,054
Net repayments on line of credit 0 0 0 (218,000)
Principal payments on long-term obligations (34,516) (87,729) (144,585) (188,020)
Payment of debt issuance costs 0 0 10,000 0
Principal borrowings from (payments on) Notes Payable - related party 0 (38,414) (44,480) 44,480
Repayments of Convertible Debt (293,500) 0 0 0
Private placements of common stock, net 99,945 533,364 603,265 696,030
Proceeds from Stock Options exercised, net 0 1,983 1,983 4,750
Proceeds from Warrant Exercises 0 0 0 121,952
Net cash provided by financing activities 560,841 462,833 610,917 589,246
Net Increase (Decrease) in Cash and Cash Equivalents 25,584 45,440 347 67,510
Cash and Cash Equivalents - Beginning 82,201 81,854 81,854 14,344
Cash and Cash Equivalents - Ending $ 107,785 $ 127,294 $ 82,201 $ 81,854