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Proceeds from sale ofseries b preferred...$6,320,000 Series a preferredstock issued for cash$3,000,000 Common stock issued forprivate placement$822,502 Net cash flowsprovided by financing...$9,648,113 Canceled cashflow$494,389 Net change in cash$4,345,640 Canceled cashflow$5,302,473 Purchase of treasurystock$494,389 Net cash used inoperating activities-$5,102,771 Net cash flowsprovided by (used in)...-$185,760 Effect of exchange rate-$13,942 Stock-based compensation -shares$428,546 Operating leaseright-of-use asset$97,765 Stock basedcompensation - options$41,136 Inventories-$26,258 Depreciation expense$23,801 Unrealized (gain) or loss onmarketable equity...-$1,773 Net cash flows usedin operating...-$5,102,771 Capitalized software costs$157,654 Purchase of property andequipment$28,106 Canceled cashflow$619,279 Net loss-$4,787,769 Prepaid expenses$390,859 Accounts payable andaccrued liabilities-$342,304 Lease liabilities-$108,344 Other currentliabilities-$68,204 Other receivable$20,000 Deposit$3,029 Accounts receivable$1,541
Cash Flow
source: myfinsight.com

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