Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flows (Unaudited)

v3.5.0.2
Condensed Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
OPERATING ACTIVITIES    
Net Loss $ (1,931,833) $ (1,399,378)
Noncash Expenses:    
Amortization 6,526 1,731
Depreciation 131,879 123,205
Stock Compensation 240,756 478,500
Change in assets and liabilities:    
Accounts Receivable 160,623 (55,107)
Allowance for Doubtful Accounts 0 (4,884)
Inventory (64,530) (55,678)
Prepaid Assets 4,590 20,709
Accounts Payable 104,824 (227,508)
Customer Deposits 0 62,393
Accrued Expenses 24,799 17,024
NET CASH USED BY OPERATING ACTIVITIES (1,322,366) (1,038,993)
INVESTING ACTIVITIES    
Purchase of Furniture and Equipment (26,907) (64,334)
Purchase of Intangible Assets (61,556) (11,995)
Investment in Joint Venture 8,617 (10,000)
Loss on Investment in Joint Venture 105 108
NET CASH USED BY INVESTING ACTIVITIES (79,741) (86,221)
NET CASH DECREASE FOR PERIOD (1,402,107) (1,125,214)
CASH AT BEGINNING OF PERIOD 1,539,809 2,962,069
CASH AT END OF PERIOD 137,702 1,836,855
Cash paid during the period for:    
Interest 0 0
Income Taxes 0 0
Supplemental Schedule of Noncash Investing and Financing Activities:    
Issuance of Common Stock for services $ 152,265 $ 225,189