Consolidated Statements of Cash Flow - USD ($)
|
12 Months Ended |
Dec. 31, 2017 |
Dec. 31, 2016 |
| Cash flows from operating activities: |
|
|
| Net loss |
$ (2,709,315)
|
$ (856,219)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Depreciation and amortization |
338,044
|
65,449
|
| Shares issued for services |
13,913
|
236,933
|
| Warrants issued for services |
278
|
|
| Loss on extinguishment of debt |
305,000
|
116,541
|
| Write off of debt discount due to refinance |
352,511
|
|
| Amortization of debt discount |
361,676
|
158,665
|
| Change in fair value of derivative liability |
(68,078)
|
22,231
|
| Loss on disposal of property and equipment |
98,800
|
|
| Impairment of long-lived assets |
(801,983)
|
|
| Changes in operating assets and liabilities: |
|
|
| Accounts receivable |
22,325
|
(49,650)
|
| Prepaid expenses |
(294)
|
212
|
| Inventory |
10,650
|
(285)
|
| Deposits |
1,123
|
(250,029)
|
| Accounts payable |
6,552
|
17,883
|
| Accrued expenses |
(9,045)
|
24,624
|
| Deferred revenue |
22,047
|
80,657
|
| Accrued royalties payable |
58,026
|
1,967
|
| Net cash used in operating activities |
(384,641)
|
(431,021)
|
| Cash flows from investing activities: |
|
|
| Purchase of property and equipment |
(884,820)
|
(376,148)
|
| Deposits on units |
250,000
|
|
| Net cash provided by (used in) investing activities |
(634,820)
|
(376,148)
|
| Cash flows from financing activities: |
|
|
| Proceeds from issuance of common stock |
849,037
|
187,500
|
| Proceeds from issuance of notes payable |
50,000
|
209,980
|
| Payments on notes payable |
(56,662)
|
(100,603)
|
| Proceeds from issuance of convertible notes payable |
5,000
|
|
| Payments on convertible notes payable |
(50,000)
|
|
| Proceeds from notes payable - related party |
250,400
|
666,220
|
| Payments on note payable related party |
(112,749)
|
(48,722)
|
| Net cash provided by financing activities |
935,026
|
914,375
|
| Net increase (decrease) in cash and cash equivalents |
(84,435)
|
107,206
|
| Cash at beginning of period |
116,309
|
9,103
|
| Cash at end of period |
31,874
|
116,309
|
| Cash paid during the period for: |
|
|
| Interest |
134,105
|
48,032
|
| Income taxes |
800
|
|
| Supplemental disclosure of non-cash investing and financing activities: |
|
|
| Common stock issued for services |
14,188
|
236,933
|
| Establishment of debt discount for royalty notes |
|
120,000
|
| Preferred stock issued for debt reduction |
$ 350,000
|
|