|
The supplemental cash flow information
for the three months ended March 31, 2018 and 2017 (unaudited) is as follows:
| |
|
Three Months Ended March 31, |
|
| |
|
2018 |
|
|
2017 |
|
| Cash paid for interest |
|
$ |
24,791 |
|
|
$ |
881,457 |
|
| Cash paid for income taxes |
|
$ |
- |
|
|
$ |
296,313 |
|
| |
|
|
|
|
|
|
|
|
| Non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
| Exchange of I-2 preferred stock for convertible debentures |
|
$ |
1,384,556 |
|
|
$ |
2,695,760 |
|
| Exchange of convertible debentures for convertible debentures and warrants |
|
$ |
- |
|
|
$ |
2,464,500 |
|
| Note payable and warrants settled through issuance of common stock |
|
$ |
- |
|
|
$ |
440,000 |
|
| Debentures converted into common stock |
|
$ |
3,056,675 |
|
|
$ |
486,032 |
|
| Conversions of preferred stock into common stock |
|
$ |
- |
|
|
$ |
6,280,000 |
|
| Common stock issued in cashless excercise of warrants |
|
$ |
756,000 |
|
|
$ |
- |
|
|