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CONDENSED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,272,625) $ (2,582,907)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation 3,069 2,908
Change in derivative liabilities 373,611 268,425
Equity based compensation 560,746 1,119,319
Fair value of issued warrant to acquire research and development 543,927 0
Changes in operating assets and liabilities:    
Prepaid expenses (27,514) 20,017
Accounts payable 209,466 4,314
Deferred rent payable (521) 303
Net cash used in operating activities (1,609,841) (1,167,621)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (1,620) 0
Net cash used in investing activity (1,620) 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sale of common stock 1,799,692 352,000
Net cash provided by financing activities 1,799,692 352,000
Net increase in cash and cash equivalents 188,231 (815,621)
Cash and cash equivalents, beginning of the period 1,055,895 953,234
Cash and cash equivalents, end of the period 1,244,126 137,613
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 0 0
Cash paid during the period for income taxes 0 0
Non-cash investing and financing activities:    
Reclassify derivative liability to equity 0 11,938
Series C Preferred Stock [Member]    
Non-cash investing and financing activities:    
Common stock issued upon conversion preferred stock and accrued dividends $ 0 $ 80,248

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