v3.8.0.1
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (5,537,174) $ (2,787,681)
Adjustments to reconcile net loss to net cash used in operating    
Depreciation expense 286,482 270,860
Stock compensation expense 3,554,912 319,125
Amortization of debt discount and accretion 295,000 226,436
Interest expense converted to equity 14,583 0
Interest expense relating to amortization of capital lease discount 60,089 77,257
Change in derivative liabilities 0 (7,736)
Changes in operating assets and liabilities:    
Accounts receivable 207,906 76,613
Inventory (100,728) (378,733)
Prepaid expenses and other current assets 71,456 (87,910)
Accounts payable (184,735) 106,136
Accrued expenses 69,322 123,914
NET CASH USED IN OPERATING ACTIVITIES (1,262,887) (2,061,719)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of fixed assets (264,876) (168,831)
Equipment Deposits - related party 0 (104,619)
CASH USED IN INVESTING ACTIVITIES (264,876) (273,450)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from notes payable 0 1,010,000
Proceeds from convertible note payable 500,000 0
Proceeds from revolving financing 58,966 56,747
Proceeds from sale of common stock, net 0 425,000
Proceeds from the exercise of warrants, net 0 300,000
Proceeds from advance by related party 1,000,000 0
Repayment of notes payable 0 (381,079)
Repayment of capital lease (209,599) (179,078)
CASH PROVIDED BY FINANCING ACTIVITIES 1,349,367 1,231,590
NET CHANGE IN CASH (178,396) (1,103,579)
CASH AT BEGINNING OF PERIOD 603,805 1,192,119
CASH AT END OF PERIOD 425,409 88,540
INTEREST PAID $ 244,288 $ 83,738

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