v3.10.0.1
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (2,025,718) $ (2,879,482)
Adjustments to reconcile net loss to net cash used in operating    
Depreciation expense 224,156 192,559
Stock compensation expense 0 1,670,294
Warrant Expense 131,030 0
Amortization of debt discount and accretion 0 295,000
Interest expense converted to equity 0 14,583
Interest expense relating to amortization of capital lease discount 0 51,505
Changes in operating assets and liabilities:    
Accounts receivable (697,504) (429,564)
Inventory (446,651) 185,641
Prepaid expenses and other current assets (583,189) (32,914)
Accounts payable 443,783 107,956
Accrued expenses (44,150) 155,917
NET CASH USED IN OPERATING ACTIVITIES (2,998,243) (668,505)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of fixed assets (473,033) (226,446)
CASH USED IN INVESTING ACTIVITIES (473,033) (226,446)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from convertible note payable 0 500,000
Proceeds from revolving financing 17,576 409,943
Proceeds from sale of common stock, net 6,955,798 0
Repayment of notes payable (83,780) 0
Repayment of capital lease 0 (136,966)
CASH PROVIDED BY FINANCING ACTIVITIES 6,889,594 772,977
NET CHANGE IN CASH 3,418,318 (121,974)
CASH AT BEGINNING OF PERIOD 988,905 603,805
CASH AT END OF PERIOD 4,407,223 481,831
INTEREST PAID $ 208,462 $ 169,080

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