| Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Mar'13 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||||
Net Loss | |||||||||||
-1,816,871 | -2,468,644 | -2,735,297 | -4,132,834 | -3,075,084 | -2,524,261 | -2,515,170 | -1,090,153 | 0 | 0 | 0 | - |
Net loss | |||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | 0 |
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities: | |||||||||||
Amortization and Depreciation | |||||||||||
0 | 0 | 0 | - | 0 | 0 | 0 | - | - | - | - | - |
Bad debts | |||||||||||
15,180 | 12,873 | 12,204 | 9,609 | 0 | 0 | 0 | - | - | - | - | - |
Amortization and Depreciation | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | - |
Stock based compensation | |||||||||||
295,662 | 662,933 | 854,803 | 2,132,803 | 1,885,641 | 1,518,370 | 1,326,500 | 48,500 | 0 | 0 | 0 | - |
Depreciation | |||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | 0 |
Changes in operating assets and liabilities | |||||||||||
Accounts receivable | |||||||||||
-16,052 | -188,427 | 52,663 | 63,826 | 0 | 0 | 0 | - | - | - | - | - |
Inventory | |||||||||||
7,974 | -681 | -60,925 | -68,899 | -111,439 | -81,514 | 0 | 0 | 0 | - | - | 0 |
Prepaid expenses and other current assets | |||||||||||
155,824 | 58,500 | 4,437 | -13,189 | -3,053 | -4,898 | 6,759 | 26,388 | 0 | 0 | 0 | - |
Prepaid expenses and other current assets | |||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | 0 |
Accounts payable and accrued liabilities | |||||||||||
198,459 | 221,882 | 429,719 | 377,411 | 191,989 | 146,670 | 116,603 | 112,889 | 0 | 0 | 0 | 0 |
Net cash used in operating activities | |||||||||||
-476,220 | -638,902 | -651,360 | -816,625 | -908,988 | -949,776 | -1,114,536 | -992,203 | 0 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||||
Capitalized cost of trademark | |||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | 0 |
Purchase of property and equipment | |||||||||||
- | - | - | - | - | - | - | 0 | 0 | - | - | 0 |
Net cash used in investing activities | |||||||||||
- | - | - | - | - | - | - | 0 | 0 | - | - | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||||
Proceeds from notes payable | |||||||||||
149,960 | 124,960 | 124,960 | 413,539 | 478,490 | 578,490 | 578,490 | 289,911 | 0 | 0 | 0 | 0 |
Proceeds from loans payable - related party | |||||||||||
102,155 | 177,155 | 177,155 | 50,000 | 0 | 0 | 0 | - | - | - | - | - |
Proceeds from related party advances | |||||||||||
13,762 | 86,262 | 92,500 | 95,500 | -70,403 | 23,000 | 3,000 | 0 | 0 | 0 | 0 | 0 |
Proceeds from related party equity contributions | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | - |
Proceeds from issuance of common stock | |||||||||||
235,110 | 327,477 | 392,467 | 292,467 | 292,367 | 201,500 | 0 | 0 | 0 | - | - | 0 |
Net cash provided by financing activities | |||||||||||
500,987 | 715,854 | 784,082 | 848,506 | 913,357 | 965,893 | 1,150,997 | 980,569 | 0 | 0 | 0 | 0 |
Net decrease in cash | |||||||||||
1,217 | 38,828 | 86,393 | -14,448 | -41,328 | -15,006 | 12,643 | -35,452 | 0 | 0 | 0 | 0 |
SUPPLEMENTAL DISCLOSURE OF CASH FLOWINFORMATION: | |||||||||||
Cash Paid for Interest | |||||||||||
793 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
Cash Paid for Income Taxes | |||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: | |||||||||||
Issued a note payable to settle accounts payable | |||||||||||
0 | 0 | 0 | 20,000 | 20,000 | 20,000 | 20,000 | 0 | 0 | 0 | 0 | - |
Interest | |||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | 0 |
Income taxes | |||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | 0 |
Contributed capital in connection with the forgiveness of related party advances | |||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | 0 |