XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net (loss) $ (723,852) $ (226,123)
Adjustments to reconcile net (loss) to net cash (used in) operating activities    
Fair value for warrants issued 1,339,420
Accounts payable and accrued expenses (506,389) 23,962
Due from/to related party (5,000) (9,279)
Net cash (used in) operating activities: 104,179 (211,440)
Cash flows from financing activities    
Proceeds from exercise of warrants 875,000 292,800
Issuance of common stock as payment for account payable 25,582
Net cash provided by financing activities 875,000 318,382
Net increase/(decrease) in cash and cash equivalents 979,178 106,942
Cash and cash equivalents, including restricted, beginning of period 168,229 93,378
Cash and cash equivalents, including restricted, end of period 1,147,409 200,320
Supplemental disclosure of cash flow information:    
Interest
Income taxes