XML 26 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net loss $ (11,692,928) $ (12,855,767)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 547,796 633,328
Impairment expense   253,977
Stock based compensation expense 1,356,351 3,257,305
Amortization of debt issuance costs 1,479  
Provision for bad debts 20,552 423,920
Change in operating assets and liabilities:    
Accounts receivable 1,081,480 3,084,311
Inventories 105,099 (28,709)
Prepaid expenses, other current assets and deposits (268,920) (167,448)
Accounts payable and accrued liabilities 426,924 (610,504)
Deferred revenue 1,504,958 (1,469,597)
Net cash used in operating activities (6,917,209) (7,479,184)
Cash flows from investing activities:    
Purchases of property and equipment (266,008) (145,436)
Net cash used in investing activities (266,008) (145,436)
Cash flows from financing activities:    
Net proceeds from sale of common stock and warrants 4,233,000 6,105,127
Net proceeds from secured convertible promissory notes (including related party of $1,185,000 for the year ended September 30, 2018) 1,650,000  
Net cash provided by financing activities 5,883,000 6,105,127
Net decrease in cash and cash equivalents (1,300,217) (1,519,493)
Cash and cash equivalents at beginning of year 2,959,781 4,479,274
Cash and cash equivalents at end of year 1,659,564 2,959,781
Supplemental Disclosures of Cash Flow Information:    
Cash paid during year for interest 0 0
Cash paid during year for income taxes 0 0
Non-cash investing and financing transactions:    
Debt issuance costs included in accounts payable and accrued liabilities $ 64,848  
Reclassification of deferred offering costs to additional paid in capital   $ 13,986