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Proceeds from issuance ofcommon stock$60,000,000 Proceeds from issuance ofdebt$2,804,466 Due to relatedparties$590,195 Net cash provided byfinancing activities$56,704,185 Canceled cashflow$7,445,390 Net change in cashand cash...$46,342,123 Canceled cashflow$10,362,062 Payment of common stockissuance costs$3,693,950 Payment of principalportion of debt$3,384,553 Distribution tononcontrolling interest in vie$324,271 Payment of principalportion of finance...$42,616 Stock-based compensation$4,483,808 Accrued expenses$1,395,595 Other noncurrentassets-$1,082,891 Accounts receivable-$1,014,945 Depreciation andamortization$975,275 Inventories-$249,293 Change in right-of-uselease asset$182,501 Change in fair value ofshare liability-$70,869 Change in deferredtaxes$32,890 Receivable fromnoncontrolling interest-$353 Cash received foracquisition of business, net...-$6,643,797 Net cash used inoperating activities-$8,857,647 Net cash used ininvesting activities-$1,504,415 Canceled cashflow$9,488,420 Canceled cashflow$6,643,797 Net loss-$12,893,602 Purchase of equityinvestments$5,000,000 Prepaid expenses andother current assets$2,508,539 Accounts payable-$1,069,245 Non cash interestincome on note...$825,346 something is missing-$678,959 Change in fair value ofconvertible notes payable$172,836 Operating leaseliabilities-$172,706 Non-cash lease income$22,476 Other currentliabilities-$2,358 Purchases of property andequipment$3,148,212
Cash Flow
source: myfinsight.com

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