v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net loss $ (1,845,551) $ (2,136,549)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 9,326 10,218
Stock based compensation 280,911 50,710
Loss on warrant repricing 0 345,841
Common stock issued for services 33,600 0
Loss on share for warrant exchanges 119,789 0
Loss on debt extinguishment 376,909 616,889
Amortization of debt discount and deferred financing costs 154,802 27,641
Changes in operating assets and liabilities:    
Accounts receivable 0 199,471
Prepaid expenses and other current assets (899) 30,462
Accounts payable and other current liabilities (193,951) 144,246
Due to related parties (9,500) (116,862)
Net cash used in operating activities (1,074,564) (827,933)
Cash flows from investing activities:    
Purchases of property and equipment (23,705) (1,545)
Net cash used in investing activities (23,705) (1,545)
Cash flows from financing activities:    
Proceeds from the issuance of common stock, net 1,903 0
Cash paid for repurchase of restricted stock units (136,129) 0
Net cash used in financing activities (134,226) 0
Net decrease in cash (1,232,495) (829,478)
Cash at beginning of period 1,559,701 2,123,737
Cash at end of period 327,206 1,294,259
Supplemental disclosures of non-cash investing and financing activities:    
Debt discount on convertible notes payable 242,299 75,994
Issuance of shares under vested restricted stock units 22 0
Reclassification of accrued interest to convertible notes payable $ 0 $ 85,031

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