Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (5,781,290) $ (5,537,174)
Adjustments to reconcile net loss to net cash used in operating    
Depreciation expense 334,769 286,482
Stock compensation expense 393,460 3,554,912
Warrant Expense 131,030  
Amortization of debt discount and accretion   295,000
Interest expense converted to equity   14,583
Interest expense relating to amortization of capital lease discount   60,089
Changes in operating assets and liabilities:    
Accounts receivable 521,367 207,906
Inventory (701,777) (100,728)
Prepaid expenses and other current assets 115,387 71,456
Accounts payable 270,254 (184,735)
Accrued expenses (139,949) 69,322
NET CASH USED IN OPERATING ACTIVITIES (4,856,749) (1,262,887)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of fixed assets (1,174,458) (264,876)
CASH USED IN INVESTING ACTIVITIES (1,174,458) (264,876)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from convertible note payable   500,000
Proceeds from revolving financing 157,283 58,966
Proceeds from sale of common stock, net 6,955,798  
Proceeds from the exercise of warrants, net 1,148,249  
Proceeds from advance by third party   1,000,000
Repayment of notes payable (131,583)  
Repayment of capital lease   (209,599)
CASH PROVIDED BY FINANCING ACTIVITIES 8,129,747 1,349,367
NET CHANGE IN CASH 2,098,540 (178,396)
CASH AT BEGINNING OF PERIOD 988,905 603,805
CASH AT END OF PERIOD 3,087,445 425,409
INTEREST PAID $ 333,534 $ 244,288