HIND: the cash flow

Net loss

-1,705,204

-1,279,680

-9,198,033

Depreciation and amortization

5,215

2,688

9,297

(gain) loss on fair value adjustment of convertible debt

-

0

30,511

Non-cash accrued interest expense

-

0

130,659

Stock compensation expense - stock options

16,747

3,019

574,109

Stock compensation expense common stock

30,000

11,899,388

-5,899,694

Accounts receivable, net

-18,851

-

20,707

Prepaid expenses and other current assets

-192,001

213,757

220,811

Other assets

-30,632

-13,902

-62,080

Accounts payable and accrued expenses

-259,356

-350,180

521,522

Due to affiliates

-25,224

19,941

55,275

Salary and post employment benefits payable

-374,508

-33,117

-15,501

Other current liabilities

-248,123

238,279

-37,728

Net cash used in operating activities

-2,339,676

-1,478,198

-2,270,655

Proceeds from issuance of convertible debt

-

0

191,253

Proceeds from promissory note issued by reshape

-

0

600,000

Proceeds from sale of common stock pursuant to atm

5,285,868

603,020

679,633

Proceeds from sale of common stock under concurrent financing, net of costs of 100,000 and deferred offering costs of 111,415

-

-100,000

6,675,061

Issuance costs of concurrent financing

-

261,000

Proceeds from exercise of warrants

-

0

6,009

Net cash generated from financing activities

5,285,868

764,020

7,890,956

Effect of exchange rate changes on cash and cash equivalents

-41,015

-10,501

-15,193

Net increase in cash and cash equivalents

2,905,177

-724,679

5,605,108

Cash and cash equivalents at beginning of the period

5,707,012

-

101,904

Cash and cash equivalents at end of the period

7,887,510

-

5,707,012

MyFinsight

Cash Flow Overview

Time Plot

Cash Flow

Cash Flow Overview

Time Plot

Cash Flow