XML 23 R6.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Net loss $ (663,946) $ (3,722,323)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Net income in equity method investment (53,173)
Depreciation and amortization 267,719 241,436
Loss on disposal of property, plant and equipment 3,893
Loss on adjustment of investment 946,844
Accretion of obligation for lease disposal costs 29,544 9,450
Accretion of beneficial conversion feature 129,373 5,112
Equity based compensation 188,476 163,873
Noncash interest expense 25,785 173,534
Changes in operating assets and liabilities:    
Accounts receivable (185,344) 539,759
Prepaids and other current assets 29,585 391,784
Inventories (814,216) (475,273)
Unearned revenues 413,933 404,340
Accounts payable and accrued liabilities 672,357 908,893
Net cash provided by (used in) operating activities 97,159 (465,744)
Cash flows from investing activities:    
Cash acquired through consolidation accounting 81,184
Dividends received from equity method investment 109,111
Purchase of property, plant and equipment (86,320) (110,115)
Net cash (used in) provided by investing activities (86,320) 80,180
Cash flows from financing activities:    
Proceeds from sale of stock 76,697 15,447
Proceeds from issuance of debt, related party 120,000 60,000
Cash contributed by non-controlling interest 32,286
Proceeds from sale of preferred stock 2,860,000
Principal payments on notes payable (7,437) (2,096,952)
Net cash provided by financing activities 189,260 870,781
Net change in cash and cash equivalents 200,099 485,217
Cash and cash equivalents at beginning of year 1,250,368 765,151
Cash and cash equivalents at end of year 1,450,467 1,250,368
Cash and cash equivalents 828,039 409,338
Restricted cash included in current assets 387,455
Restricted cash included in long-term assets 622,428 453,575
Total cash, cash equivalents and restricted cash shown in statement of cash flows 1,450,467 1,250,368
Supplemental disclosure of cash flow activities:    
Cash paid for interest 55,359 354,206
Supplemental disclosure of noncash financing and investing transactions:    
Decrease in accrued interest and increase in equity for conversion of preferred dividends to stock $ 205,980  
Decrease in preferred stock and increase in equity for amounts allocated to warrants issued with preferred stock   641,673
Decrease in accrued interest and increase in preferred stock for conversion of debentures   13,100
Decrease in debt and increase in preferred stock for conversion of debentures   1,339,900
Assets reported through consolidation:    
Cash   81,184
Accounts receivable   400,509
Goodwill   1,376,584
Patents and other intangible assets   444,126
Account payable   352,575
Equity   $ 1,949,828