Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (unaudited)

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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (10,183,614) $ (5,468,666)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 470,419 25,834
Amortization of intangibles 8,076 3,112
Share-based compensation 2,076,829 2,247,862
Change in fair value of derivative liabilities 869,462
Change in fair value of contingent liability 79,305
Changes in operating assets and liabilities:    
Accounts receivable (298,797) (29,000)
Inventory 113,497 359
Prepaid expenses (23,850) (38,431)
Deposits 259
Other assets (22,146) (10,000)
Accounts payable and accrued expenses 982,729 244,109
Deferred revenue 62,947 29,000
Net Cash Used In Operating Activities (6,734,346) (2,126,359)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for property and equipment (4,471,121) (444,429)
Cash paid for intangibles (33,250) (39,650)
Net Cash Used In Investing Activities (4,504,371) (484,079)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the issuance of common stock 13,258,063 3,456,460
Proceeds from exercise of warrants 47,665
Net Cash Provided By Financing Activities 13,305,728 3,456,460
Net Increase in Cash 2,067,011 846,022
Cash - Beginning of Period 9,631,520 4,155,444
Cash - End of Period 11,698,531 5,001,466
Cash Paid During the Period for:    
Income taxes
Interest 199
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Stock compensation payable 266,248 208,699
Warrants issued for stock issuance costs 645,757 107,432
Reclassification of derivative liability to additional paid in capital 1,795,363
Accrued capital expenditures $ 428,691