Statements of Cash Flows - USD ($)
|
3 Months Ended |
12 Months Ended |
Jun. 30, 2017 |
Jun. 30, 2016 |
Mar. 31, 2017 |
Mar. 31, 2016 |
| Operating activities |
|
|
|
|
| Net loss |
$ (1,106,353)
|
$ (439,405)
|
$ (5,219,380)
|
$ (141,325)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
| Fair value of vested stock options |
342,540
|
39,905
|
762,374
|
286,248
|
| Amortization of common stock issued to employees with vesting terms |
102,584
|
24,000
|
(341,250)
|
(161,936)
|
| Fair value of vested common stock issued to employees |
|
|
341,250
|
161,936
|
| Fair value of vested warrants granted to employees |
|
35,014
|
|
182,072
|
| Fair value of common stock issued for services |
100,000
|
|
659,101
|
276,000
|
| Change in fair value of derivative liability |
24,612
|
14,953
|
1,746,821
|
(2,600,809)
|
| Changes in assets and liabilities: |
|
|
|
|
| Accrued compensation - officers and directors |
|
|
122,292
|
29,375
|
| Accounts receivable |
(6,134)
|
(8,807)
|
11,199
|
31,199
|
| Deposit |
|
(558)
|
|
|
| Inventory |
|
|
6,470
|
2,008
|
| Prepaid expense |
|
|
(558)
|
|
| Accounts payable - related party |
(12,500)
|
6,900
|
27,600
|
5,900
|
| Accounts payable and accrued liabilities |
(66,193)
|
(11,984)
|
158,134
|
8,555
|
| Net Cash Used in Operating Activities |
(622,164)
|
(339,982)
|
(1,384,697)
|
(1,685,841)
|
| Financing activities |
|
|
|
|
| Proceeds from exercise of warrants, net |
|
|
777,000
|
|
| Proceeds from Common Stock issuable |
|
100,000
|
|
99,970
|
| Proceeds from sale of common stock, net |
|
165,030
|
1,665,030
|
1,291,574
|
| Net Cash Provided by Financing Activities |
|
265,030
|
2,442,030
|
1,391,544
|
| Net increase (decrease) in cash |
|
|
1,057,333
|
(294,297)
|
| Cash - Beginning of Period |
1,152,766
|
95,433
|
95,433
|
389,730
|
| Cash - End of Period |
530,602
|
20,481
|
1,152,766
|
95,433
|
| Cash paid during the period for: |
|
|
|
|
| Interest |
|
363
|
|
|
| Income taxes |
|
|
|
|
| Non-Cash Investing and Financing Activities: |
|
|
|
|
| Fair value of warrants issued with common stock, recorded as derivative liability |
|
|
|
1,694,651
|
| Extinguishment of derivative liability |
|
$ 80,278
|
$ 1,907,158
|
$ 99,311
|