Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2015
Cash flows from operating activities:
Net loss	$ (272,325)	$ (9,964,555)
Reconciliation of net loss to net cash used in operating activities
Depreciation	0	53,921
Amortization of intellectual property	17,650	$ 80,608
Fair value of common stock issued as reimbursement for expenses paid by founders	$ 39,837
Stock based compensation expense		$ 174,705
Change in fair value of derivative liabilities		5,776,255
Amortization of debt discount		909,411
Non cash interest expense		214,089
Changes in operating assets and liabilities
Inventory		(342,019)
Prepaid expenses and other current assets	$ (25,823)	(353,880)
Accounts payable	37,877	647,528
Accrued expenses	$ 2,877	56,978
Deferred liabilities		74,895
Net cash used in operating activities	$ (199,907)	(2,672,064)
Cash flows from investing activities:
Purchases of property and equipment	$ (40,924)	(1,793,196)
Deposits		(3,052,635)
Other assets		(593,347)
Application fees for intellectual property		(6,826)
Net cash used in investing activities	$ (40,924)	(5,446,004)
Cash flows from financing activities:
Issuance of common stock, net of offering costs		$ 32,862,172
Increase in convertible note payable	$ 500,000
Net cash provided by financing activities	500,000	$ 32,862,172
Net increase in cash and cash equivalents	259,169	24,744,103
Cash and cash equivalents at beginning of period		4,536,601
Cash and cash equivalents at end of period	$ 259,169	29,280,704
Suplemental disclosure of cash flow information:
Cash paid for interest		2,590
Cash paid for taxes		$ 2,400
Non-cash financing activities
Fair value of common stock issued to founders as reimbursement for expenses paid prior to inception	$ 39,837
Fair value of common stock issued upon conversion of convertible notes and accrued interest		$ 6,279,678
Fair value of common stock issued upon extinguishment of beneficial conversion feature derivative liability.		6,279,677
Total non-cash financing activities	$ 39,837	$ 12,559,355