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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net loss $ (13,029,117) $ (11,581,430) $ (11,031,931)
Adjustments to reconcile net loss to cash used in operating activities:      
Amortization and depreciation 848,974 744,157 676,289
Amortization of license fees 98,022 98,022 98,022
(Gain) loss on investment (346,180) 202,338 95,684
Accretion of interest on note payable and accrued severance 29,104 37,745 45,121
Loss on the disposition and sale of machinery and equipment 0 0 15,130
Unrealized loss on short-term investment securities 3,618 0 0
Warrant liability loss (gain) 157,809 (29,615) (144,550)
Equity based employee compensation expense 941,650 880,509 1,326,393
Equity based payments for outside services 0 30,873 2,259,147
(Decrease) increase in allowance for doubtful accounts (10,000) 0 10,000
(Decrease) increase in inventory reserve (60,623) 145,000 60,000
(Increase) decrease in assets:      
Accounts receivable (906,074) 10,238 (61,230)
Inventory (129,228) (531,356) (701,534)
Prepaid expenses and other assets (551,236) 497,856 (478,955)
Increase (decrease) in liabilities:      
Accounts payable 473,804 (136,297) 86,332
Accrued expenses 586,109 (21,965) 649,271
Accrued severance (203,365) (233,655) (225,000)
Deferred income 28,350 0 0
Net cash used in operating activities (12,068,383) (9,887,580) (7,321,811)
Cash flows from investing activities:      
Acquisition of patents and trademarks (450,208) (356,541) (413,180)
Acquisition of machinery and equipment (1,156,906) (197,229) (37,481)
Purchase of short-term investment securities (58,979,131) 0 0
Net cash used in investing activities (60,586,245) (553,770) (450,661)
Cash flows from financing activities:      
Net proceeds from exercise of warrants 12,447,108 196 50,688
Payments on borrowings - demand bank loan 0 0 (174,925)
Payments on borrowings - note payable (333,334) (333,333) (333,333)
Net proceeds from October 2017 registered direct offering 50,732,200 0 0
Net proceeds from October 2016 registered direct offering 0 10,707,823 0
Net proceeds from July 2016 registered direct offering 0 4,682,764 0
Net proceeds from February 2016 registered direct offering 0 5,091,791 0
Net proceeds from June 2015 registered direct offering 0 0 5,576,083
Stock cancellation 0 0 (34,500)
Net payments from related party 0 0 46,069
Net cash provided by financing activities 62,845,974 20,149,241 5,130,082
Net (decrease) increase in cash and cash equivalents (9,808,654) 9,707,891 (2,642,390)
Cash and cash equivalents - beginning of period 13,468,188 3,760,297 6,402,687
Cash and cash equivalents - end of period 3,659,534 13,468,188 3,760,297
Net cash paid for:      
Cash paid during the period for interest 29,104 37,745 7,600
Cash paid during the period for income taxes 0 0 0
Non-cash transactions:      
Patent and trademark additions included in accounts payable 188,818 185,341 310,078
Patent and trademark additions included in accrued expenses 0 0 17,715
Machinery and equipment additions included in accounts payable 77,913 7,765 2,525
Issuance of common stock in connection with equity investment 0 0 325,000
Reclassification of warrant liability to capital in excess of par due to voiding of exchange rights clause in Crede Tranche 1A warrant $ 0 $ 2,810,000 $ 0