LASE: the cash flow

Financing costs additional notes principal added on default

-

738,889

-

Net loss

-3,278,437

-2,946,284

-9,345,813

-8,110,233

Financing costs from the issuance of notes payable

-

242,794

-

Change in allowance for credit losses

-41,559

43,799

-285,486

-

Shares issued for directors compensation

0

59,460

1,023,150

555,900

Impairment

-

-2,907,751

Change in inventory reserve

-

-272,803

-

Shares issued for services

0

75,000

755,900

-

Bad debt

-

-38,956

Depreciation and amortization

120,326

116,379

242,414

868,089

Distribution to affiliate

-

-3,552,695

-

Debt discount amortization

36,055

41,289

275,535

522,693

Impairment of property, plant, and equipment

-

236,717

-

Financing costs as additional note principal on default

0

105,411

-

Impairment of intangible assets

-

3,902,379

-

Change in fair value of derivative liability

-98,193

214,386

313,892

-

Right-of-use assets

276,698

66,920

730,222

-

Accounts receivable

-642,331

604,832

-90,239

-532,575

Contract assets

20,375

-194,028

-204,123

-194,943

Inventories

-65,669

-42,291

-880,726

95,217

Prepaids and other current assets

187,798

363,945

-69,480

-65,814

Deferred financing costs

0

-125,000

125,000

-

Net change, right-of-use asset & liabilities

-

-20,056

Other long-term assets

-

-14,378

-

Lease liability

-288,126

-46,861

-649,988

-

Accounts payable

223,431

-100,375

13,352

1,050,713

Affliate accounts payable

-

154,571

Accounts payable related party

-

321,473

-

Contract liabilities

-207,144

1,669,420

-347,839

-24,571

Accrued expenses

364,991

-290,496

74,364

281,622

Deferred revenue

-697,137

185,408

786,899

50,356

Net cash used in operating activities

-2,892,882

-1,842,774

-4,960,976

763,052

Office & computer equipment

-

15,660

Invest in leasehold improvements

-

-8,760

Purchase of property, plant, and equipment

0

97,974

19,477

-

Net cash used in investing activities

0

-97,974

3,083

0

Proceeds from issuance of common stock and warrants, net of offering costs

0

4,121,272

-

Proceeds from warrant exercises

497,637

753,091

-

Proceeds from warrant inducement exercise, net of offering costs

3,569,570

1,273,724

-

Repayment of notes payable-Nonrelated Party

645,294

4,070,828

-

Repayment of notes payable-Related Party

0

751,000

-

Ipfs loan

-

42,763

Proceeds from notes payable, net

0

1,591,750

6,729,226

-

Borrowings on debt

-

6,469,627

Repayment of notes payable

-

4,485,241

-

Principal payments on debt

-

3,516,103

Distribution to affiliate

-

2,706,547

Proceeds from note payable related party

-

751,000

-

Short term loan from affliate

-

751,000

Proceeds from the sale of treasury stock

-

0

44,235

Proceeds from the sale of common shares

-

0

3,487,353

Net cash provided by financing activities

3,421,913

2,918,009

1,983,703

2,782,955

Increase (decrease) in cash

529,031

977,261

-2,974,190

3,546,007

Cash - beginning of period

1,627,600

650,339

3,624,529

533,871

Cash - end of period

2,156,631

1,627,600

650,339

3,624,529

MyFinsight

Cash Flow Overview

Time Plot

Cash Flow

Cash Flow Overview

Time Plot

Cash Flow