Cash Flow

v3.19.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Cash Flow from Operating Activities          
Net Loss $ (2,549,056) $ (3,647,653) $ (5,761,624) $ (12,156,361) $ (16,851,108)
Adjustments to Reconcile Net Loss to Net Cash used in Operating Activities          
Issuance of Common Stock for Services     2,239,894 9,750,500  
Depreciation Expense 56,977 22,961 101,169 22,961  
Abandonment of Option to Purchase Building 200,000 200,000  
Write of leasehold improvements and rent deposits 654,426 654,426  
Unrealized loss on investments 802,106 802,106  
Changes in Operating Assets and Liabilities:          
Accounts Receivable     14,592 (97,993)  
Inventory     (43,150) (300,166)  
Prepaid Inventory     334,544  
Prepaid Expenses     2,500 (72,647)  
Accounts Payable     (188,156) (5,826)  
Accrued Expenses     84,611 29,613  
Advances Payable     1,522  
Lease liability - current     226,885  
Net Cash Used in Operating Activities     (1,332,203) (2,828,397)  
Cash Flow from Investing Activities          
Deposit     (280,409) (272,900)  
Purchase of Fixed Assets     (67,826) (2,134,241)  
Licenses     (385) (309,300)  
Patent Application Costs incurred     (135,546) (572,023)  
Investments, cost method     (70,000)  
Construction in Progress     (321,679) (41,051)  
Net Cash Used in Investing Activities     (875,845) (3,329,515)  
Cash Flow from Financing Activities          
Issuance of Common Stock for Cash     977,000 3,525,265  
Sale of Equity in Subsidiaries     1,124,584  
Cash Contributed by Non-controlling Interests     59,287 1,390  
Net Cash Provided by Financing Activities     2,160,871 3,526,655  
Net Increase (Decrease) in Cash     (47,177) (2,631,257)  
Cash at Beginning of Period     1,313,645 6,758,018 6,758,018
Cash at End of Period $ 1,266,468 $ 4,126,761 1,266,468 4,126,761 $ 1,313,645
Cash paid during the period for:          
Interest      
Income Taxes      
Supplemental Disclosure of Non-cash Investing and Financing Activities          
Common stock issued for Patent Application Costs     950,000  
Common stock issued for Investments, fair value     11,666,998  
Reclassification of Construction in Progress to Fixed Assets     $ 128,822  

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