Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,770,479) $ (1,001,746)
Adjustments to reconcile net loss to cash flows used in operating activities:    
Depreciation and amortization 2,194 3,446
Bad debt (recoveries) expense (1,000) 15,750
Amortization of debt discount 414,441 375,854
Stock based compensation 991,065 176,820
Common stock issued with loan extension 7,500
Changes in operating assets and liabilities:    
Accounts receivable (2,250) (9,500)
Prepaid expenses and other current assets (56,643) 6,982
Accounts payable and accrued expenses 84,241 96,383
Settlement payable (15,000)
Lease liability 382
Deferred revenue (58,524) (58,524)
Deferred revenue-grant 66,000
Net cash used in operating activities (323,073) (409,535)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of equipment (37,914)
Net cash used in investing activities (37,914)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sale of common stock 100,000 150,000
Proceeds from notes payable 250,000
Net cash provided by financing activities 100,000 400,000
Net decrease in cash and restricted cash (260,987) (9,535)
Cash, beginning of the period 279,772 11,342
Cash and restricted cash, end of period 18,785 1,807
Supplemental disclosures of cash flow information:    
Interest paid 10,000 10,507
Taxes paid
Non cash financing activities:    
Record right to use assets upon adoption of ASC 842  
Record lease liability upon adoption of ASC 842 26,226
Common stock issued in connection with issuance of notes payable 25,500
Reclassify fair value of warrant liability upon adoption of ASU 2017-11 $ 175,975