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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (Loss) $ (6,408,491) $ (3,141,706)
Adjustments to Reconcile Net (Loss) to Net Cash (Used in) Operating Activities:    
Stock Based Compensation $ 702,286 480,829
Stock Issued in Exchanged of Services 25,002
Change in Fair Value of Warrants $ 382,722 (1,092,058)
Change in Fair Value of Warrant Derivative Liabilities 8,565 84,895
Depreciation and Amortization Expense 247,572 247,571
(Increase) Decrease in:    
Prepaid Expenses and Other Current Assets (496,455) 103,516
Increase (Decrease) in:    
Accounts Payable 1,012,205 190,202
Accrued Other Expenses and Bonuses (118,819) (70,976)
Net Cash (Used in) Operating Activities (4,670,415) (3,172,725)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from Issuance of Common Stock, net of issuance cost   10,565,972
Proceeds from Issuance of Preferred Stock and Warrants, net of issuance cost 4,927,760  
Proceeds from Exercise of Warrants 88,890 75,589
Net Cash Provided by Financing Activities 5,016,650 10,641,561
Increase in Cash 346,235 7,468,836
Cash:    
Beginning 4,080,648 3,774,665
Ending 4,426,883 11,243,501
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash Paid for Income Taxes   2,400
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING AND INVESTING ACTIVITIES    
Release of Warrants Liability Upon Exercise $ 70,807 $ 230,332