| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | Dec'12 | Sep'12 | Jun'12 | Mar'12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||||||||||||||||||||
Consolidated net loss | ||||||||||||||||||||||||||||||||
-1,190,579 | -476,367 | -564,388 | -347,795 | -3,405,823 | -4,523,444 | -575,657 | -739,165 | 37,140 | 274,307 | 55,146 | -276,544 | 44,787 | 4,556 | 207,868 | -427,313 | -946,356 | -826,229 | -989,803 | -331,981 | -652,947 | -31,719 | -1,480,637 | -1,279,391 | -1,079,205 | -191,032 | -1,452,333 | -1,185,306 | -978,540 | -230,648 | -767,121 | -487,520 | -541,148 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||||||||||||||||||||||||||||
Depreciation, accretion and amortization, net | ||||||||||||||||||||||||||||||||
90,152 | 74,254 | 95,616 | 98,988 | 168,244 | 202,935 | 199,938 | 187,069 | 199,181 | 184,883 | 160,063 | 178,595 | 64,281 | 65,239 | 66,825 | 66,485 | 65,456 | 66,465 | 66,434 | 71,589 | 67,239 | 28,210 | 104,595 | 73,802 | 72,258 | 62,199 | 69,413 | 68,990 | 55,857 | 53,024 | 51,652 | 51,207 | 47,892 |
Provision on inventory reserve | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 1,000 | -26,609 | 18,000 | 61,609 | -36,000 | 63,000 | -50,000 | -54,000 | 14,000 | 18,000 | -48,000 | 63,000 | -40,000 | 0 | 0 | 0 | 0 | - | - | - | - | -32,600 | 2,000 | 0 | 3,800 |
Stock-based compensation | ||||||||||||||||||||||||||||||||
42,236 | 42,860 | 42,671 | 39,898 | 38,035 | 47,380 | 55,330 | 38,062 | 40,416 | 45,439 | 40,645 | 48,842 | 48,842 | 48,866 | 28,888 | 60,934 | 27,243 | 108,529 | 39,474 | -41,757 | 93,254 | 5,964 | 48,385 | 40,096 | 32,491 | 26,472 | 30,074 | -95,817 | 57,638 | -37,283 | 62,278 | 75,497 | 95,053 |
Goodwill impairment | ||||||||||||||||||||||||||||||||
0 | - | 0 | 0 | -3,693,198 | - | 0 | 0 | 0 | - | -188 | -186 | -203 | - | -14,873 | -10,668 | -12,382 | - | -12,651 | -12,516 | -12,383 | - | 25,907 | -12,564 | -13,343 | - | - | - | - | - | - | - | - |
(Gain) loss on sale of assets | ||||||||||||||||||||||||||||||||
0 | 255 | 0 | 0 | 1,081,049 | -22,088 | 0 | 4,120 | -4,120 | 0 | 0 | 0 | -2,909 | 0 | 0 | 0 | -640 | 0 | -442 | -496 | 5,569 | -1,209 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Abandonment of intangible assets | ||||||||||||||||||||||||||||||||
179,944 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Abandonment of intangible assets | ||||||||||||||||||||||||||||||||
- | 18,151 | 0 | 29,849 | 0 | 0 | 0 | -205 | 4,600 | -24,600 | 6,665 | 1,335 | 0 | -13,245 | -6,000 | 6,154 | -6,154 | - | - | - | 0 | 35,800 | 0 | -32,600 | 50,600 | 85,300 | 0 | -25,800 | -8,900 | 57,600 | 0 | 0 | 0 |
Non-cash interest expense | ||||||||||||||||||||||||||||||||
9,750 | - | 24,165 | -412 | 12,499 | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities, net of effects of acquisitions | ||||||||||||||||||||||||||||||||
Short term investments | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -73 | - | -73 | 291,400 | -353 | - | 0 | 647 | -647 | - | - | - | - | - | - | - | - |
Short-term investments, restricted | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 202 | 279 | 434 | 2,066 | 1,997 |
Accounts receivable | ||||||||||||||||||||||||||||||||
-2,462,957 | 1,538,165 | 1,420,681 | -18,103 | -2,499,798 | 2,627,789 | 108,121 | 235,292 | 1,496,737 | -1,572,604 | 2,264,395 | -827,400 | 471,660 | 659,848 | 1,710,271 | 358,898 | 595,293 | 955,682 | -181,267 | -897,596 | 659,607 | 266,693 | 101,379 | 135,676 | 559,604 | 1,525,173 | 399,756 | -1,140,536 | 306,849 | 820,176 | -82,070 | -176,804 | 797,309 |
Unbilled revenue | ||||||||||||||||||||||||||||||||
-395,976 | - | - | - | 297,133 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Unbilled revenue | ||||||||||||||||||||||||||||||||
- | - | - | - | - | -451,694 | 99,432 | 204,323 | -549,647 | -900,044 | 176,499 | -875,454 | -77,410 | -172,978 | -882,449 | -354,948 | 213,121 | 728,664 | -208,142 | -742,096 | -153,905 | -571,841 | 227,090 | 365,947 | -71,710 | -506,317 | -32,536 | 247,080 | -354,625 | 0 | 0 | 0 | 0 |
Inventory | ||||||||||||||||||||||||||||||||
1,066,117 | -653,237 | 67,769 | 323,130 | 372,705 | 310,795 | 449,477 | 437,567 | -33,782 | -981,680 | 37,065 | -22,231 | 1,265,013 | -220,883 | 67,832 | -415,217 | -367,511 | 1,001,130 | 865,172 | 93,589 | -374,069 | -817,214 | 1,020,159 | 414,019 | 129,464 | -1,023,414 | 604,539 | 307,569 | 49,077 | -723,040 | 325,931 | 571,375 | 586,570 |
Due from related party | ||||||||||||||||||||||||||||||||
0 | 0 | 0 | 0 | -9,405 | 9,405 | 0 | -585,492 | 0 | 88,680 | 118,359 | 42,907 | 75,705 | -172,007 | 41,552 | -203,156 | -582,662 | 228,132 | -23,692 | 700,413 | -327,843 | 475,182 | -23,761 | -157,475 | 306,305 | 0 | 0 | 0 | -55,837 | -385,627 | -96,356 | 188,123 | 49,958 |
Prepaid expenses and other current assets | ||||||||||||||||||||||||||||||||
-80,242 | -10,041 | 4,304 | 21,599 | -6,317 | -93,227 | -40,097 | -15,313 | 99,153 | 28,825 | -80,928 | -99,960 | 199,561 | -51,627 | -33,635 | 132,247 | 1,786 | -1,754 | -154,973 | 107,801 | 53,163 | 10,611 | -115,481 | -22,150 | 135,875 | -190,506 | -87,359 | 307,835 | -92,803 | -42,621 | 264,794 | -10,849 | 78,806 |
Other non-current assets | ||||||||||||||||||||||||||||||||
-417,374 | 82,275 | 275,698 | 19,316 | -78,999 | -58,543 | 19,683 | -54,743 | -19,681 | 1 | 97,938 | -135,562 | 69,875 | 0 | 0 | 0 | 0 | - | - | - | - | 0 | 3,970 | 8,930 | -32,000 | 0 | 32,000 | 1,000 | 0 | - | - | - | - |
Increase (decrease) in: | ||||||||||||||||||||||||||||||||
Accounts payable | ||||||||||||||||||||||||||||||||
263,215 | -1,215,987 | 252,897 | 320,757 | -1,239,241 | 1,436,904 | 754,685 | -1,873,559 | 855,949 | -306,164 | 854,787 | 142,096 | 644,323 | 334,868 | 414,328 | 241,074 | -934,598 | 469,951 | -490,397 | 234,782 | 681,160 | -669,543 | 632,827 | 588,985 | -474,002 | -559,595 | 1,230,054 | 205,679 | 310,898 | 245,370 | -335,918 | 227,455 | 201,889 |
Accrued expenses and other current liabilities | ||||||||||||||||||||||||||||||||
-296,684 | 584,255 | 177,089 | -384,505 | 4,154 | -668,907 | 250,620 | 240,412 | 288,913 | -260,271 | -223,462 | 214,032 | -224,394 | 188,589 | 152,887 | -43,187 | 13,109 | -72,054 | -200,686 | 61,273 | 270,174 | 18,069 | -265,894 | -151,474 | 267,898 | 48,277 | 76,782 | 7,955 | 198,618 | 203,831 | -93,871 | -47,232 | 17,731 |
Deferred revenue | ||||||||||||||||||||||||||||||||
-270,145 | 1,027,352 | -175,799 | -240,874 | -725,902 | 821,834 | -62,610 | 311,791 | -64,122 | -31,880 | 230,527 | 115,488 | 61,364 | -118,166 | 349,289 | -202,207 | 37,021 | 298,246 | -189,113 | 52,365 | -765,124 | -260,164 | 865,717 | 569,384 | -119,667 | -398,514 | -139,401 | -224,806 | 760,535 | 127,523 | 0 | 99,249 | -99,249 |
Interest payable, related party | ||||||||||||||||||||||||||||||||
- | - | - | - | - | 0 | 0 | -64,840 | 12,575 | 12,862 | 12,855 | 8,523 | 0 | - | - | - | - | - | - | - | - | 0 | 0 | -650,940 | 452,490 | -187,394 | 344,513 | 36,952 | -110,511 | -258,563 | 107,389 | 222,382 | 0 |
Due to related party | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 78,783 | -198,450 | 47,114 | 30,949 | 20,802 | 20,802 | -47,306 | 11,702 | 17,802 | 17,802 |
Net cash provided by (used in) operating activities | ||||||||||||||||||||||||||||||||
1,118,321 | -1,258,559 | -1,145,470 | -1,469,009 | -611,204 | -1,500,652 | 184,554 | -1,828,932 | -712,302 | 1,405,615 | -1,104,916 | 660,954 | -1,552,909 | 197,007 | -1,489,511 | -274,237 | -1,151,115 | -1,379,040 | -2,512,453 | -337,720 | -504,546 | -1,329,680 | -880,090 | -763,197 | -2,153,849 | -1,916,945 | -791,421 | -419,937 | -255,716 | 401,681 | -1,368,522 | -415,071 | -1,770,870 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||||||||||||||||||||||
Purchases of property and equipment | ||||||||||||||||||||||||||||||||
53,674 | 22,001 | 21,198 | 27,656 | 24,788 | 554,272 | 124,361 | 4,127 | 145,326 | 264,839 | 105,940 | 135,935 | 73,330 | 9,226 | 29,574 | 53,554 | 47,371 | 20,755 | 35,892 | 0 | 12,935 | 74,741 | 28,060 | 64,809 | 55,964 | 38,876 | 49,057 | -198,235 | 313,002 | 47,124 | 70,222 | 34,121 | 68,244 |
Proceeds from sale of assets | ||||||||||||||||||||||||||||||||
0 | - | 0 | 0 | 5,000,000 | - | 0 | 0 | 3,606 | - | 0 | 0 | 0 | - | - | - | - | - | 0 | 11,305 | 5,569 | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Purchases of intangible assets | ||||||||||||||||||||||||||||||||
43,250 | 46,027 | 41,918 | 6,958 | 15,780 | 23,199 | 54,384 | 65,408 | 83,856 | 419,047 | 12,012 | -31,069 | 53,608 | 48,442 | 20,253 | 23,011 | 27,959 | 22,530 | 15,416 | 47,849 | 47,237 | 11,054 | 17,206 | 77,277 | 36,422 | 65,088 | 136,605 | -127,134 | 323,391 | 71,331 | 67,799 | 5,508 | 19,658 |
Cash acquired in acquisition | ||||||||||||||||||||||||||||||||
- | - | - | - | - | 0 | -40 | 0 | 442,786 | 0 | 0 | 971,454 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Payment of stock issuance costs | ||||||||||||||||||||||||||||||||
401 | 1,689 | 0 | 400 | 611 | -908 | 908 | -553 | 553 | 10,145 | 1,535 | 365,566 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Distributions to noncontrolling interest | ||||||||||||||||||||||||||||||||
23,070 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Distributions to non-controlling interest | ||||||||||||||||||||||||||||||||
- | - | - | - | - | 38,951 | 34,650 | 10,962 | 23,338 | 16,559 | 31,362 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Payments to Acquire Short-term Investments | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -638 | 663 | 1,302 | 583,073 | -202 | 0 | 202 | 0 | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||||||||||||||||||||||||
-120,395 | -106,095 | -83,830 | -62,427 | 4,958,821 | 1,382,929 | -214,343 | -80,844 | 193,319 | 1,289,410 | -150,849 | 501,022 | -126,938 | -57,668 | -2,049,827 | -76,565 | -75,330 | -43,285 | -51,308 | -36,544 | -54,603 | -85,634 | -38,360 | -143,388 | -675,459 | -103,762 | -185,662 | 9,428 | -636,393 | -118,455 | -138,021 | 466,716 | -87,902 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||||||||||||||||||||||
Proceeds (payments) on revolving line of credit, net | ||||||||||||||||||||||||||||||||
-955,174 | - | 916,408 | 415 | -2,021,934 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Payments for share issuance | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,505 | 20,004 | 2,394 | 6,150 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Repayments of Related Party Debt | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 2,950,000 | 1,237,500 | -1,200,000 | 0 | 0 | - | - | - | - |
Payments on revolving line of credit, net | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from sale of restricted common stock, net | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,924,053 | 0 | 996,874 | - | -11,141 | 2,345,035 | 6,300 | - | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 |
Proceeds from the exercise of stock options | ||||||||||||||||||||||||||||||||
1,200 | 7,199 | 5,662 | 8,756 | 12,000 | 9,620 | 0 | 15,060 | 48,245 | 51,000 | 14,884 | 7,199 | 106,835 | 82,874 | 293,773 | 18,925 | 0 | 0 | 0 | 0 | 360,225 | 155,265 | 0 | 0 | 6,000 | 3,000 | 0 | 0 | 0 | - | - | - | - |
Net cash used in financing activities | ||||||||||||||||||||||||||||||||
-953,974 | 1,461,590 | 922,070 | 9,171 | -2,009,934 | 253,558 | -848,929 | 1,722,877 | 48,245 | -3,099,000 | 14,884 | 7,199 | 106,835 | 80,369 | 2,971,735 | 166,531 | -6,150 | 2,938,840 | 4,924,053 | 0 | 1,357,099 | 155,265 | -13,365 | 2,337,591 | -2,937,700 | 9,241,872 | 1,200,000 | -350 | 0 | 604,663 | 0 | 480,000 | 500,000 |
Change in cash and cash equivalents | ||||||||||||||||||||||||||||||||
43,952 | - | - | - | 2,337,683 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Change in cash and cash equivalents | ||||||||||||||||||||||||||||||||
- | - | - | - | - | 135,835 | -878,718 | -186,899 | -470,738 | -403,975 | -1,240,881 | 1,169,175 | -1,573,012 | 219,708 | -567,603 | -184,271 | -1,232,595 | 1,516,515 | 2,360,292 | -374,264 | 797,950 | -1,260,049 | -931,815 | 1,431,006 | -5,767,008 | 7,221,165 | 222,917 | -410,859 | -892,109 | 887,889 | -1,506,543 | 531,645 | -1,358,772 |
Supplemental disclosures of cash flows information: | ||||||||||||||||||||||||||||||||
Non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||
Cash paid for interest | ||||||||||||||||||||||||||||||||
36,326 | - | - | - | 18,381 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash paid for interest | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | 79,079 | 0 | 15,429 | 95,550 | -31,150 | 31,150 | 32,201 | 21,850 | 42,200 | 29,999 | 30,666 | 30,666 | 30,351 | 30,059 | 30,666 | 30,666 | 30,333 | 233,220 | 48,404 | 3,399 | 3,836 | 0 | 0 | 0 | 0 | 0 |
Cash paid for taxes | ||||||||||||||||||||||||||||||||
5,222 | 6,193 | 681 | 16,200 | 12,324 | -12,116 | 6,000 | 38,864 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Exchange of stock for non-controlling interest in Ilios | ||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 330,852 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |