March 31, 2016 March 31, 2015
Operating activities
Net loss for the period $ (250,709 ) $(384,391)
Depreciation and amortization 3,245 5,087
Valuation adjustment of convertible loans 78,505 -
Stock-based compensation - 148,125
Accrued interest on loans 13,521 2,498
Related party loans and advances 49,585 -
Net changes in non-cash working capital:
Changes in accounts receivable (3,263 ) (667 )
Change in inventory 7,199 5,983
Changes in prepaid expenses 13,390 5,020
Changes in deferred revenue (899 ) (4,829 )
Net cash flows (used in) operating activities (33,847) (196,551)
Investing activities
Purchase of equipment - (5,000 )
Net cash flows from investing activities - (5,000 )
Financing activities
Proceeds from shares to be issued - 270,000
Related party loans and advances - 60,367
Net cash flows generated by financing activities - 330,367
Net (decrease) increase in cash (33,846 ) 128,816
Cash, beginning of period 48,116 8,602
Cash, end of period $ 14,270 $ 137,418
these numbers are pretty terrible
