Post-effective amendment to a registration statement that is not immediately effective upon filing

Condensed Consolidated Statements of Cash Flows (unaudited)

v3.6.0.2
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
 3 Months Ended 11 Months Ended 12 Months Ended
Sep. 30, 2016
Jun. 30, 2016
Sep. 30, 2015
Mar. 31, 2015
Jun. 30, 2016
Mar. 31, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:              
Net loss $ (2,072,945) $ (2,517,637) $ (1,068,532) $ (446,349) $ (5,406,167) $ (3,710,827) $ (1,221,773)
Adjustments to reconcile net loss to net cash used in operating activities:              
Depreciation 12,885 11,425 4,530 5,675 34,828 26,035 8,090
Amortization of intangibles 1,350 1,131 1,034 1,044 3,339 2,714 1,550
Share-based compensation 704,220 435,642 65,725 6,219 849,625 639,644 231,909
Change in fair value of derivative liabilities 157,216 860,275 (14,015) 968,840 106,994 (1,571)
Changes in operating assets and liabilities:              
Inventory (30,521) (43,544) (13,023)
Prepaid expenses (38,881) 4,643 5,190 (19,000) 4,994 (40,461) (59,812)
Other assets (120,000) (8,100) (2,715) (8,000) (8,715)
Accounts payable and accrued expenses 289,036 104,179 217,923 52,582 275,116 207,806 70,278
Net Cash Used In Operating Activities (1,067,119) (1,100,342) (796,245) (433,065) (3,312,969) (2,789,118) (980,044)
CASH FLOWS FROM INVESTING ACTIVITIES:              
Cash paid for machinery and equipment (20,293) (35,500) (103,957) (71,187) (160,172) (143,433) (80,275)
Cash paid for intangibles (13,724) (11,715) (14,873) (28,010) (43,495) (36,397) (31,452)
Net Cash Used In Investing Activities (34,017) (47,215) (118,830) (99,197) (203,667) (179,830) (111,727)
CASH FLOWS FROM FINANCING ACTIVITIES:              
Borrowings from promissory note 30,000 30,000
Repayment of promissory note (30,000) (30,000)
Proceeds from issuance of common stock 2,562,896 35,001 3,332,584 5,011,314 4,276,627
Proceeds from issuance of preferred stock 530,000
Proceeds from the exercise of warrants   10,000 10,000
Proceeds received from convertible note 655,000 655,000
Net Cash Provided By Financing Activities 2,572,896 1,220,001 3,342,584 5,011,314 4,931,627
Net Decrease in Cash (1,101,136) 1,425,339 (915,075) 687,739 (174,052) 2,042,366 3,839,856
Cash - Beginning of Period 4,155,444 2,730,105 4,329,496 4,329,496 687,739 489,640
Cash - End of Period 3,054,308 4,155,444 3,414,421 687,739 4,155,444 2,730,105 4,329,496
Cash Paid During the Period for:              
Income taxes
Interest 984 984
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:              
Stock compensation payable 74,457 72,177 37,450 5,857 146,016 101,045 33,063
Warrants issued for stock issuance costs 165,719 165,719 206,715 206,715
Conversion of convertible notes into common stock 655,000 655,000
Reclassification of derivative liability to additional paid in capital $ 16,974