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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities    
Net loss $ (491,837) $ (6,625,833)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation expense 4,251 4,251
Gain (loss) on debt extinguishment (2,434,661) 2,268,373
Decrease (increase) in fair value of derivative liabilities 2,795 (6,886)
Amortization of discount on notes payable 759,869 882,440
Accrued interest on patent purchase 52,067 0
Amortization of patents and acquired contracts 405,995 415,834
Stock-based compensation 130,358 472,274
Changes in operating assets and liabilities    
Accounts receivable (6,281) 248,501
Inventories 0 130,155
Prepaid expenses and other current assets 133,931 (33,181)
Deferred expenses 20,875 (96,305)
Accounts payable (95,287) 663,097
Accrued expenses and other current liabilities 172,238 208,014
Deferred revenue 150,000 446,429
Net cash used in operating activities (1,195,687) (1,022,837)
Cash flows from financing activities    
Proceeds from issuance of preferred stock, net of issuance costs 2,175,000 0
Proceeds from issuance of notes payable, net of issuance costs 0 1,126,900
Payments on short-term notes payable, related party (25,000) 0
Payments on Fortress notes payable (658,757) 0
Net cash provided by financing activities 1,491,243 1,126,900
Net increase in cash and cash equivalents 295,556 104,063
Cash and cash equivalents, beginning of period 554,556 1,443,349
Cash and cash equivalents, end of period 850,112 1,547,412
Supplemental disclosures of cash flow information    
Cash paid for interest 218,139 146,042
Cash paid for income taxes 0 0
Supplemental disclosures of non-cash investing and financing activities    
Accrued guaranteed payments and deferred expenses associated with purchased patent assets 0 440,783
Fair value of common stock warrants $ 760,461 $ 0