Cash Flow

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
OPERATING ACTIVITIES:    
Net loss $ (2,754,390) $ (2,886,099)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization expense of debt discount 1,092,492
Gain on derivative liability (1,051,848)
Depreciation 20,535 17,561
Loss on disposal of property and equipment 9,428
Amortization expense of intangible assets 146,000 146,000
Stock based compensation 1,203,903 1,238,168
Changes in current assets and liabilities:    
Accounts receivable 110,065 369,451
Inventory 65,830 (176,464)
Prepaid expenses and other current assets 37,445 63,162
Accounts payable and accrued expense (84,341) (196,908)
Due from related party 1,685 89,261
Deferred revenue
Net cash used in operating activities (1,243,840) (1,295,224)
INVESTING ACTIVITIES:    
Cash received from sale of vehicle 60,000
Cash paid on fixed assets (1,930) (675)
Net cash provided by (used in) investing activities 58,070 (675)
FINANCING ACTIVITIES:    
Proceeds from related party convertible note payable 500,000
Proceeds from bank line of credit 500,000
Net cash provided by financing activities 1,000,000
NET DECREASE IN CASH (185,770) (1,295,899)
CASH, beginning of period 615,375 2,015,214
CASH, end of period 429,605 719,315
Cash paid during the six months ended June 30:    
Interest 144,347
Noncash investing and financing activities for the six months ended June 30:    
Conversion of Series A preferred stock to common stock $ 25

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