Condensed Statements of Cash Flows - USD ($)
|
3 Months Ended |
Mar. 31, 2017 |
Mar. 31, 2016 |
| Cash Flows from Operating Activities |
|
|
| Net loss |
$ (741,623)
|
$ (379,478)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Depreciation and amortization |
15,690
|
16,181
|
| Common stock and options issued for services |
29,697
|
78,240
|
| Additional warrants issued during exchange |
0
|
5,823
|
| Interest on discount of convertible debt |
351,727
|
0
|
| Imputed interest on promissory notes |
987
|
0
|
| Changes in operating assets and liabilities: |
|
|
| Increase in prepaid expenses |
(1,139)
|
0
|
| Increase in inventory |
(132)
|
(3,781)
|
| Increase in deferred offering costs |
75,000
|
0
|
| Increase in other asset |
(5,059)
|
0
|
| Increase in accounts payable and accrued liabilities |
188,577
|
229,257
|
| Net cash used in operating activities |
(236,274)
|
(53,757)
|
| Cash Flows from Investing Activities: |
|
|
| Net cash used in investing activities |
0
|
0
|
| Cash Flows from Financing Activities |
|
|
| Proceeds from issuance of common stock |
0
|
5,000
|
| Proceeds from notes payable |
0
|
50,000
|
| Proceeds from convertible notes |
225,000
|
0
|
| Net cash provided by financing activities |
225,000
|
55,000
|
| Net Increase/(Decrease) in cash |
(11,274)
|
1,243
|
| Cash, beginning of period |
144,953
|
19,128
|
| Cash, end of period |
133,679
|
20,371
|
| Supplemental disclosures: |
|
|
| Interest Paid |
0
|
0
|
| Income tax paid |
0
|
0
|
| Supplemental disclosures of non-cash Items: |
|
|
| Discount on convertible notes |
225,000
|
0
|
| Common shares to be issued for accrued salaries - related parties |
$ 0
|
$ 60,910
|